We are in the last quarter of the year and for many businesses, that means getting ready for end-of-year activities. Accounting and payroll departments will soon be busy preparing financial and labor reports and gearing up for tax season. There is no better time to provide your team with the tools that can streamline reporting efforts.
The end of the year seems to be a particularly busy time for many businesses. Manufacturers and distributors have geared up for an increase in holiday sales, retails stores often extend shopping hours, and staff working behind-the-scenes are just as busy. Businesses rely on accurate year-end reporting when preparing next year’s budgets and tax season is right around the corner. Don’t waste time with inadequate software, spreadsheets, or other manual processes. Deploy stronger business management tools to get through end-of-year reporting crunch time.
Your enterprise resource planning (ERP) solution will likely capture and report on most of the data that you need. However, sometimes you need more than what ERP can offer. FTE Manager offers an easier way to manage the full-time equivalent (FTE) hours and associated costs by department and position for a fiscal year. You can compare actual and project budgets for FTE, as well as monitor vacancy statistics and requisitions. This data can provide valuable insight when preparing budgets and planning labor needs for the future.
You can also use the Employee E-Mail Suite to send out end-of-year information about your company such as a newsletter or other announcements. This add-on solution becomes even more valuable when emailing direct deposit earnings statements or annual W-2 statements. Documents sent to employees can be delivered as encrypted Adobe PDF documents to protect both your employees’ and businesses’ privacy and security. In addition, emailing information reduces the chance for documents to become lost in the mail, delayed during delivery, and saves a great deal of time and money from having to stuff and stamp envelopes.
Add these time-saving solutions to your ERP today and get ready for the often hectic end-of-year and tax reporting tasks which will be here before you know it. Contact Integrity Data for more information about the add-on solutions that can make reporting a breeze when important deadlines come around.