Creation of New Payrolls Means More Work and Money Spent: WebApps Deploys New Online Tools to Help Manage Workforces
December 14, 2006 (PRLEAP.COM) Business News
Bridgewater, NJ – December 14, 2006 – New findings from the U.S. Bureau of Labor Statistics are evidence that accurate and functional automated Time and Labor Management solutions are necessary for a company to take full advantage of its most important resource: its employees. The U.S. Bureau of Labor Statistics has found that 132,000 new payrolls have been created in the month of November, which is over 30,000 more than was originally projected for the month. WebApps has added several new features to increase the functionality of its Time and Labor Management application specific to workforce maintenance. With the creation of new payrolls come such responsibilities as the management of time associated with each new employee, the maintenance and accruing of benefits, and scheduling concerns to ensure adequate coverage of shifts. This means that when a company expands to include more employees, so does their workload and the related expenses. Automating these processes can save an organization a significant amount of resources. For example:
·Automated Time and Attendance solutions can reduce labor costs by 5 to 10% in organizations with large numbers of hourly workers – Gartner.
·1 to 3% of total payroll and invoice imprecision is caused by human error – American Payroll Association. Choosing to automate removes the likelihood of errors caused by manual input.
·Cutting just $1 of operational costs (such as those related to workforce management) could have the same impact as increasing revenue by $13 – CFO Magazine’s Annual SG&A Survey.
“More employees mean more work for an organization to make sure those employees are properly managed,” states WebApps’ Product Manager Rudy Roca. “Automating the processes that are most paper-intensive and error-prone can save an organization resources that are better spent focusing on the activities that act as the ‘bread and butter’ of that organization.”
Making sure the right tools are chosen to do the job of automation is critical. WebApps offers solutions that have continually proven to provide tangible benefits for users. “While doing a demo for a prospective client, the decision maker was quite impressed with WebApps’ Time and Labor Management software,” said Candace Rice from Innovative Business Solutions, one of WebApps’ strategic partners. “She pointed out that the system would pay for itself even if the managers had to enter all data manually, based on the powerful calculation tools embedded within the application.” In addition to the already-robust nature of the application, WebApps has recently added several new tools that help to further streamline automated processes:
·Piecework – for users who base compensation on the number of items worked on by an employee. For example, if an employee’s pay at an organization depends partly on the number of new products he/she produces, WebApps’ system is capable of tracking and reporting on that data.
·Barcode Generation – automatically generates bar codes to be used with external devices. Allocate time against projects, jobs, tasks or other measurements by simply scanning a preformatted barcode generated by the software.
The fact that WebApps’ Time and Labor Management solution is web-based may offer an organization more favorable conditions in terms of affordability and return on investment (ROI). Unlike its installed counterpart, Software as a Service (SaaS) is accessed via the Internet, and paid for based on a recurring subscription payment. Because of this, costly upfront licensing fees are eliminated, making the application more affordable. Also, because the application is hosted, maintained, and updated by the company who created the software, the need for technical resources onsite is virtually eliminated. Finally, applications developed in line with the SaaS model are easily expanded or scaled back, making it flexible enough to be used by an organization of any size within a broad range of industries.
“Deciding to adopt new software is a huge decision for a company because there are so many items that need consideration,” says Roca. “Although the benefits of automating business processes related to human productivity are prolific and quite tangible, the effort it takes to automate needs to be kept in mind. Choosing a Time and Labor Management solution delivered via SaaS can help to alleviate some of the concerns that are typically involved with the selection process.”
About WebApps, Inc. -
WebApps is a leading developer of web-based business applications for improving human productivity and organizational processes in the workplace. Delivering Software as a Service (SaaS), client sensitive data is collected, processed, and stored remotely without the need for technical resources on site. Software features are easily expanded or scaled back, making it easier to support a variety of size and industry specific clients with a single platform. Under a pay-as-you-go model, clients gain access to software that is more intuitive, easier to deploy, and offers lower total cost of ownership than client-installed software - www.SaaS.com.
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