Business Tools and Strategies to Maximize Efficiency

accounting-infographic-bizsoftwareIf you are thinking about utilizing Intuit Online Payroll, you’ll be taking payroll matters into your own hands, but with peace of mind, payroll and tax professionals are there to assist you every step of the way. Intuit’s Online Payroll services are a great choice for larger companies.

For smaller business, OnPay may be a better choice. Their payroll services are fast and efficient, and you can use them anytime, anywhere, since OnPay is available online.

Paychex is a well-known, gold-standard payroll company that many businesses rely on for the processing of millions of dollars worth of paychecks. Paychex offers many payroll and financial handling options for all types of companies.

For Philadelphia-based companies, consider Pay USA. Pay USA is Philly-based, and has been in business since 1969.

No matter which payroll processing company you ultimately decide to go with, be sure to check into all of their services, and pick the ones that you need — and want — the most. Ask about prices, and if there are special contract rates available, as oftentimes payroll companies will offer a discount if you agree to use their services for a minimum period of time. And if you don’t see a payroll service that you’d like, simply ask — the company may be able to incorporate it for you.

As a business owner, you know how important it is to make the most of your time. With a few simple changes and the help of modern business tools, you can maximize efficiency and reduce waste in every area of your company.

Analyze Processes

Before implementing any changes, take the time to do a little business analysis. Look at the processes and systems that you have in place. Are they as effective as they could be? How long does each step of a process take, and how many channels does information have to go through before it reaches its intended destination?

Streamline Task Management

The answers you get from your analysis will help you to make daily tasks more efficient. For example, if you find that your shipping department has to re-enter information from the sales department to complete an order, try implementing a system that automates the process. Automating tasks that rely on related data gives employees in every department access to the information they need in a user-friendly, streamlined environment.

Stay Up-to-Date

Outdated information of any kind slows business productivity. If your product descriptions, sales databases, or customer contacts are no longer valid, employees will have to spend time searching for the right information and fixing it while they work. Utilizing technology as necessary to input and organize new data as it comes ensures that you’ll always be up-to-date.

Invest in Software

Accounting, planning, and managing customer information are all tasks that take a long time when done by hand. Today’s technology offers solutions for all of the most tedious business tasks. There are even programs that can track how long you spend on each type of job, offering valuable feedback on where you can make changes to increase productivity.

Add Remote Accessibility

Remote computer access can be an invaluable tool for businesses in modern competitive markets. Giving employees the ability to access company information, update customer databases, and make sales even when they’re not in the office offers many opportunities for growth. It can also help to improve efficiency by allowing employees to work from home and connect with colleagues even when traveling.

These management strategies help you to improve efficiency in your business and maximize time use. When you and your employees commit to smoother operations and greater productivity, you’ll begin to see growth and positive change within the company.