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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

It’s up to each department manager to review the timesheets their employees submit to ensure accuracy. For example, a solid timesheet approval system will help you stay on budget, and you can gain insights into your workforce’s productivity. Recordkeeping for legal requirements.

Payroll 52
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3 Smart Money Moves to Make Before Starting a Business

Success

If you decide to seek outside capital, look at your options and review the pros and cons. Because business growth requires capital to support payroll, accounts receivable, inventory and more, it’s a good idea to establish forecasting models. You should consult your own tax, legal, and accounting advisors.

Finance 346
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

You may need to pull employment records to defend yourself against a wrongful termination lawsuit , verify compliance during a government audit, or simply review an employee’s history when considering them for a promotion. These tools typically include onboarding, payroll , benefits, timekeeping, and performance management functionality.

Filing 98