Tuesday 13 November 2018

How to Find the Best Employee Time-sheet Software?



An Employee time-sheet software that might be a good option for one business might not be ideal for the nest one. A negative experience might not only leave you with a horrible taste in your mouth, but also waste your time, financial resources, energy and most importantly, reputation. However, there are a few thing that every effective employee time-sheet software have in common. This software may be used as a productivity too, helping your employees to budget their time, build efficiency, increase productivity and stay organized.
Why Should Every Company Have Timesheet Software?

Software today isn’t the same as even a few years ago. It used to be when you purchased software, you had to upgrade and re-license your software as new versions became available. While searching for the right timesheet software solution for your business, I will tell you why every company must have this software. Today’s technology allows employees to do following: 



  •  Track the quantity of hours they have worked from anywhere
  •  Integrate time cards with invoicing
  •  Approve bills and invoices
  •  Access to all employee’s timesheets

A great timesheet software should be beneficial both for management and employees.

What To Search For In Timesheet Software? 

Number of web-based employee time-sheet software providers can be overwhelming and a person who is a newcomer to this market can easily get lost in this options. But don’t worry I am here to help you to narrow don’t your options and find the best match for your company.
Easy To Use

Electronic timesheet for employees must be very easy to use. Neither managers nor employees should spend hours understanding what is going on. The software must easily integrate in the existing office program system. 

Versatile 

A good timesheet software must quickly become a part of your business strategy. Using the software you and your employees must be able to see the daily progress on every project your run, check out what milestones are already achieved. 

Automatic Calculations

A good timesheet software for employees must be fully automatized. It must calculate overtimes hours, regular hours day offs and other data.

Seeing the full picture

You can improve your employee’s time management skills by seeing the full problem - Timesheets used to help determine payroll, but not much else. Nowadays, they’re used for detailed time organization as well. Data that can be provided using timesheet can be used to measure productivity, the amount of money you should pay your employees and have a sense about what problems they have related to time management. Modern employee timesheets software solutions have advanced time tracking features. This will help your teamwork at its best. No matter how complicated things get, you’ll always remain in control of the situation.

Source: Click Here

Friday 2 November 2018

Travel And Subsistence Expenses

Have you ever been on a business trip? If you have, then you have come across the things called travel and subsistence expenses. As you are traveling some other place from work, all of the expenses you spend, that are usually fully or partially funded by the company itself, counts as travel and subsistence expenses. In this article we are going to list some of the terms you need to know to understand what travel and subsistence expenses mean.


  • Normal place of work: You will find this term in every receipt connected to business trips. Normal place of work is exactly what the name of it tells you. It is the place where the one works every day. This place can vary from company to company. Sometimes it will be the place where the head of the company is, but more often, in case of a bigger company, it is one of the bases of the company. normal place of work should be equipped with the equipment you need to perform your duties.
  • Business travel or trip: Chances are, you can't tell the difference between the normal trip and business travel. Business travel is specially associated with your duties in your work. Business travel does not necessarily mean, that you will be traveling abroad, but usually it will be out of the city, in which you usually work. When you are on a business travel, you will get the information prior to it. The information will include everything you need to know about the trip: destination, distance from your normal work place from, finances for the spending. Notice that travel and subsistence expenses never include personal spending not associated with duties of work.
  • Reimbursement: As we have already mentioned, business travels should be fully or partially funded. Reimbursement rates are constantly changing and different for different companies. We are going to count down some things that are reimbursed in travel and subsistence expenses. Transportation is the first thing that is reimbursed in the business travel. Transportation can be different depending on the distance, from trains to planes. Sometimes, you might be given some amount of money to spend only on transportation, but it is your choice, how to spend it.
  • Other important things: Usually, there will be someone who will be supervising the travel and ensuring that everything goes as planned. They will also provide guidelines, instructions and any advice you might need. Sometimes, you might have some free time, to spend as you wish, or you can stay longer on a travel, but that will not count as a business travel anymore and will not be funded or reimbursed.
Now that you know enough about travel and subsistence expenses. So, next time you go on a business travel, you will not be confused anymore. If you still are, you should not hold back to ask questions to your supervisor or anybody else relatable.

Source: Click Here