3 Tools Everyone in the Finance Industry Should Be Using

When it comes to financial planning it goes without saying that being accurate is crucial to making sure you stay within your company budget. Managing your money effectively means you need to be able to manage the people who bring in that revenue.  

Saving Money on Payroll    

Typically, payroll tends to be viewed as an expense for business. With that being said, you want to know that payroll is being processed correctly and in the most efficient way possible. Having software in place that allows you to quickly run payroll while minimizing compliance risks is absolutely essential in today’s business environment. Features that allow for online processing, custom reporting, and tax filing, are just a few features to look for if or, when you decide to look at providers.  

Save Time, Save Money

We’ve all heard the saying “time is money” and it could not be more true when we’re talking about hourly employees. In my opinion, one of the best features of timekeeping software is the reporting option. Modern software allows for an instantaneous report of overtime hours which can help you to locate inefficient use of resources.

Effortlessly Qualify Candidates

Applicant tracking software is a great way to quickly qualify candidates and streamline the hiring process. Using ATS truly puts you in control because it allows you to create customized flags that weed out unqualified candidates. For example, let’s say you are looking to hire a manager, but the desired candidate must have at least an associate’s degree. Using ATS allows you to create a filter that will only pull candidates who meet your specific requirements. This method saves time and creates a better pool of candidates to choose from. 
There are many benefits when it comes to coordinating payroll, timekeeping, and hiring practices. Doing the proper research and making sure you find the right fit for your business is essential. If you are interested in learning more about how Dominion Systems’ can help your business, register for a live software demo.