Payroll automation is not a new concept these days, but surprisingly, there are still several SMEs that compute hours worked and salary deductions manually, thinking that it would save them some money as compared to having a computerized payroll system. If you are one of those who are still in the era of obsolete, paper-based method, it’s about time you embrace the inevitable and invest your resources into something that can keep up with the times and move your business forward. Here are 5 great reasons why you should automate your payroll processes:

  Managing payroll is a very meticulous task that even a minor error could cost expensive damages. While managing payroll in-house is the best way to be in control of all payroll processing, it’s never just a basic back-office task. Here are the main payroll challenges that you have to consider and how to effectively address them.

  Business Intelligence addresses many issues that companies face today in terms of organising data and extracting value from it. All divisions of an organisation can benefit from business intelligence, but the department which can benefit most from it is Finance. Being the core of the business’s financial activities, BI can help optimise all the functions of the finance department, maximising accuracy and profitability. Here are certain BI capabilities which makes it a perfect tool for your Finance department:

  Social media has become an integral part of the consumer’s buying journey—from brand awareness, to consideration, to building their preferences, to purchase decisions, re-purchasing, and loyalty. Many businesses are making use of social media to build and promote their brand, however, not all are able to integrate insights and have an in-depth understanding of what all their social data mean. Social intelligence is something that all businesses should cultivate, as it is a great approach to delve into the minds of consumers on a very personal level. Here are the top reasons why social media and business intelligence combined spells success for your business!

You have definitely heard about BI/Business Intelligence, but have you seriously considered its impact on your business towards the very near future? With data insights taking center stage as the main basis of business decisions, Business Intelligence adoption will continuously evolve to be a necessity rather than a luxury for all businesses. As Business Intelligence keeps on getting better and much smarter, here are the inevitable reasons why you should adopt the technology as soon as possible and not later. Why? Read on.

Oftentimes, the Human Resources department is the last one to be considered when adopting Business Intelligence in a company. That shouldn’t be the case, however, as hiring the right people is the very first step to make an organization flourish.   What business owners haven’t realized is that Business Intelligence can be a valuable tool in streamlining and automating HR processes, helping the department land the best candidates and maintain healthy relationships with employees. Here are the ways on how to improve HR practices with the help of Business Intelligence.