Business

6 Reasons to Ditch Paper Invoices

6 Reasons to Ditch Paper Invoices

In spite of constant technological developments, most companies still handle their documentation manually, ignoring all the advantages new technologies bring. This kind of slow and inefficient document flow brings about significant printing costs, the burden of delivering and storing paper clutter, as well as a lot of wasted time.  

If you are thinking about digitally transforming your business in order to reach maximum efficiency and save some resources, automating the invoice process is a perfect place to start.

Managing the Cost of Absenteeism

Managing the Cost of Absenteeism

When it comes down to it, there are many costs that are directly associated with absenteeism. Many reasons for employees being absent, such as poor weather or traffic conditions, may seem innocent and justified. However, they can still have a major impact on your bottom line, and as a business owner, it’s important to know the causes and solutions to absenteeism.  

The 3 Most Common Payroll Mistakes

The 3 Most Common Payroll Mistakes

As a payroll software company, we at Dominion know all too well that processing payroll has a lot of factors that processors have to consider. There are a lot of unnecessary expenses that can really add up if you don’t monitor them closely. Using a payroll software-as-a-service is the best way to avoid these mistakes, but obviously not every company is able to do that. If you’re still manually processing payroll, check out the three most common mistakes that even seasoned payroll professionals make.

5 Ways Integrated HR Systems Benefit Businesses

5 Ways Integrated HR Systems Benefit Businesses

HR software is not a novelty anymore, but rather a necessary tool that enables precise and more efficient recruiting. The system automates most of the manual work, improves sourcing strategies, and expands social reach – to name but a few advantages. We will show you the five most important reasons why integrated HR software benefit businesses.

4 Reasons Personalizing Benefits Communication Assists Employers

4 Reasons Personalizing Benefits Communication Assists Employers

With the rise of extensive heath, savings, and wellness programs available to employees, it’s more important than ever to educate new-hires and existing staff on benefit plans. Because of technical terminology and overwhelming options, the process of choosing the right enrollment plan can create frustration and confusion, which means it’s more important than ever before to provide a personalized communication strategy for benefit plans.

The Importance of Diversity in the Business World

The Importance of Diversity in the Business World

Think about all the people you work with. Do they all look the same? Do they have the exact same beliefs? Probably not. Over the years, the demographics of the American workforce have changed dramatically. Before, the workforce was comprised of mostly white males, whereas today, we are able to see a mix of genders, race, religion, age, and so on. Diversity is probably one of the most common buzzwords that make employers nervous. Why? Because nowadays, it seems that diversity is wrapped up in legalities and controversial issues, making it a hard topic of discussion.

The Three Disadvantages of Working With a PEO

The Three Disadvantages of Working With a PEO

Of all the reasons your company might work with a Professional Employer Organization (PEO), the most prominent of those are probably to save money on benefits, reduce your “employer liability,” or to simplify your day-to-day business operations. The idea behind a PEO is to allow employers to outsource their employee management tasks, such as employee benefits, payroll, recruiting, and training. As great as this might sound, there are a lot of disadvantages with PEOs that are important for business owners to be aware of. Weighing the pros and cons of a PEO is necessary to ensure you’re making the smartest decision for your company.

How to Determine If Unlimited PTO is Right for Your Company

How to Determine If Unlimited PTO is Right for Your Company

Now that Millennials are making their way into the workforce, companies are looking for new ways to beat the competition and attract the best talent. They offer great benefits such as health, vision, and dental insurance, 401K match, flexible schedules, volunteer time off, and paid time off. Paid time off (PTO) is one of the main benefits young people look for when applying looking to start their careers, and unlimited paid time off has become even more popular. But, despite its popularity, only approximately 1% of U.S. companies have established an unlimited PTO plan. Some of the companies included in that 1% are Netflix, GE, Duo Security, and LinkedIn. Offering unlimited PTO has its pros and its cons, and these can help you find out if implementing an unlimited PTO plan is the right move for your business.