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What’s the deal with on-demand pay?

BMT Office Administration

There were at least 11 on-demand pay vendors at the American Payroll Association’s Annual Congress last month, not including the national third-party payroll providers. Nothing wrong with vendors highlighting their products at a convention of Payroll professionals. What is the additional burden on the Payroll department?

Payroll 97
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Everything you need to know about geofencing time clocks

BMT Office Administration

Missed punches happen all the time, and they cause all sorts of problems with timekeeping and payroll processing. They Increase Payroll Efficiency Speaking of missed punches, they’re also a huge headache for your accounting department. That’s not to mention all the time it takes to enter payroll data from timesheets manually.

Payroll 59
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5 SOP examples for your business

BMT Office Administration

While every employee brings their own special talents and perspectives to their job roles, things can get disorganized when everyone is taking a different approach to completing your company’s core business processes. SOPs are an excellent tool for small business owners looking to take their business process management to the next level.

Payroll 72
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What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. In the end, the goal of your office space is to help your workforce be productive. The same can be said for the onboarding process of new colleagues, for example. The answer is not so clear-cut.

Policies 292
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. A dizzying amount of paperwork goes into hiring a new employee, including background checks, applications, offer letters, job applications, and more.

Filing 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

within their first year of operation) due to cash flow problems and a lack of demand for their products and services. The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In The good news?

Finance 105
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The best timeclock options for small businesses

BMT Office Administration

However, as a small business, it may seem like many options are too extensive, too expensive, or don’t quite meet your needs. The refills are typically not too expensive, but if you have a large number of employees they can add up. This can make payroll processing more efficient. Work locations. Time clock options.

Payroll 52