December 22, 2015

The Most Valuable Time Entry & Payroll Articles of 2015

The Most Valuable Time Entry & Payroll Articles of 2015

By Kit Dickinson on December 22, 2015

Most Valuable Time Entry & Payroll Articles of 2015

This has been a tremendous year for us at IDI. We’ve spent a lot of time visiting with our partners, worked with hundreds of your clients, and we’ve begun providing a new webinar series that equips our partners to better serve their clients.

We’ve also written a bevy of blog posts that our clients and partners found incredibly valuable. And so, to celebrate a terrific 2015 and look forward to an exciting 2016, we’ve collected our top seven posts of the year for your review. Enjoy!

1) Could HCM Companies Be the Hero Non-Profits Need?

The irony of most non-profit organizations is that they often need an agency to lend them a helping hand. Now human capital management (HCM) companies have a unique opportunity to come to their aid.

With increasing emphasis on compliance and reduced budgets, non-profit organizations often outsource administrative functions so they can focus on their mission. This creates new challenges that the organizations must find an answer for. Here are some of the common difficulties facing non-profits:

2) The Best Way to Capture Employee Time without Adding Time Clocks

Many businesses have an application that adequately performs basic timekeeping functions, such as capturing an employee’s time when they enter the building, transfer to a different project or job, take breaks, and go home for the day. These systems are great for recording time, but they don’t have the robust time-and-attendance rules needed to enforce overtime, Affordable Care Act compliance, or labor reporting.

3) Top 5 Signs You Need to Automate Your Payroll Process

How long does it take you to process payroll? A couple hours or more? A couple days?

If you have unique pay policies for incentive pay, special rules for salaried employees, production pay or a complex job rate assignment, you’re probably spending a lot of your week processing payroll — and crossing your fingers that no corrections are needed!

What if you could run payroll with the push of a button?

4) Do You Know About These Human Capital Management (HCM) Trends?

As we start the second quarter of 2015, we’re keeping our eye on several trends in the Human Capital Management (HCM) industry. To maintain a competitive advantage with your prospects, stay on top of these developments and understand how they affect your customers.

Here are three trends, in particular, that will affect the HCM industry.

5) How to Be the Person Your Sales Prospects Can’t Live Without

According to recent research, 75% of sales representatives have a hard time executing. It can be challenging to close a sale. Establishing trust doesn’t come easily, and often customers don’t even realize their own problems.

That’s no less the case for human capital management companies trying to sell to businesses that have been getting by with their current systems and processes for years.

To effectively close a sale, you need to become indispensable to your customers. And that comes by presenting yourself as a consultant, not a sales rep.

6) Are You Breaking These Top 5 Overlooked FLSA Requirements?

Staying in compliance with the Fair Labor Standards Act (FLSA) is a major challenge—and a major risk—for companies. Several high-profile cases have resulted in major fines against companies that don’t comply with FLSA.

It can be a heavy investment to keep your company current on the various aspects of FLSA policy, but not properly addressing all of the requirements can be even more expensive!

7) How to Make Late Timesheets a Thing of the Past—For Good

Hounding employees to report their billable or project hours—accurately and on time—has been the task of payroll practitioners since the invention of the timesheet. Most companies resort to nagging and many have flirted with half-hearted reward and punishment programs, but any improvement is usually short-lived.

How can you motivate employees to fill out their timesheets on time?

Next Steps

Can Time Bank Solve Your Payroll Puzzle?