In any business today that employs staff, one of the largest expenses is Wages, and yet very few businesses have systems in place to manage budget, analyze and control this important business cost.
At business meetings and conferences, we hear exhaustive philosophy on how to make the business more profitable and we are all envious of the prudent manager who proudly talks of strategy to implement another 1 or 2 percentage points in gross profit.
yet
We argue with the landlord about a Rent increase.
We spend time deciding which telephone provider to use.
We overbuy stock to gain an extra 5%
We fret about a power bill
But some of us do little about the wage bill.
If, at the end of the year, the accountant comments that the wage bill is too high, the first reaction is to reduce the staff numbers.
This is counter productive.
What if I told you that TimePeace,
- in my Retail Business employing 20 staff, saved me on average $10,000.00 a year by doing nothing!
- freed up my payroll officer for at least 100 hour each year, and that was saving of at least $2000.00 alone.
- and another client saves over $400 a day, just by controling their 100 + staff tea breaks.
The solution lies in TimePeace and the tax deductible cost is just $10.00 plus GST each week.
That represents a spend of only $520.00 to gain a massive saving of $12000.00 and probably more!
Let me explain….
TimePeace is a versatile, powerful and easy to use time and attendance software package. Once installed, it will help you manage all your employees without using paper time sheets.Each payday, it will save you many hours of your precious time, by generating automated payroll reports for all your employees.Simply print the reports and export into your payroll program.
- With TimePeace, you will never have to total your employee hours manually again!
- TimePeace contains a huge number of great reports and audits, the most popular being the Dollar variance Report and the historical analytical reports.
- Interfacing with the major payroll program saves considerable time and eliminates the margin of error.
- Contracted hours is a new feature meaning that each employee can have their start time, finish time and their lunch break length prerecorded.
- This effectively caps the wage bill, so that should staff arrive early, finish late and reduce their lunch break, TimePeace will only pay their contracted hours.
- This naturally can be altered on settings and overridden by the administrator.
- TimePeace helps you to forget about your time and attendance problems allowing you to concentrate on other, more important things.
- Download a fully operational trial version of TimePeace today and see for yourself.
- TimePeace is endorsed. Ask for references.
- Act now! Can you afford not to?
Visit www.timepeace.co.nz
or
today.
Richard Illingworth
