Last week Replicon exhibited at the 31st Annual APA Congress in Grapevine, TX and in between breaks from our booth, I had the pleasure of attending some of the sessions and walking the Exhibit Hall floor to check out the latest trends. APA Congress is the world’s largest payroll and accounts payable conference and expo with more than 2,500 attendees and over 100 exhibitors. Over three days, we talked to several payroll managers and directors at our booth, and here are some of the key takeaways from what we heard and saw on the show floor.
Earlier this week, Replicon hosted a webinar featuring industry analyst and technologist Barry Wilderman on “Time Tracking in the Cloud.” Wilderman covered the art of “being resourceful,” including the critical importance of understanding different roles in a business organization and department requirements to more effectively manage time tracking for various needs. In managing project work, for example, bridging the gap between what clients want in contrast to what the consulting firm wants is key to determining what data you need to track, removing any complexity out of managing various projects and your resource planning. Wilderman also covers technology considerations and provides guidance on setting up more effective ROI models to determine which solution is best for your business needs.
If you haven't heard, Yahoo’s CEO Marissa Mayer informed employees this year that if they work remotely, they need to start coming into the office or they should leave Yahoo. This mandate is intended to help build a stronger corporate culture, as Yahoo struggles reign in its workforce. Marissa’s announcement has caused journalists to start writing stories about the pros and cons of working remotely, and whether or not employees need to be onsite to build culture.
Data privacy is a concern wherever confidential information exists. In the cloud, it’s even trickier, because distributed resources make knowing where data is located and who has access to it—well, tricky.
Last night, I had the privilege of attending the 6th Annual Women of Influence Awards by the Silicon Valley Business Journal as one of 100 women executives changing the business world. It was an impressive event, with nearly 900 attendees gathered at The Fairmont in San Jose to honor the professional accomplishments of women in tech, legal, finance, education, healthcare, non-profit, hospitality and construction/real estate.
What is Biometrics, and what is it used for? According to the United States National Science & Technology Council:
Biometrics is a general term used alternatively to describe a characteristic or a process. As a characteristic, a biometric is a measurable biological (anatomical and physiological) and behavioral characteristic that can be used for automated recognition. As a process, a biometric is an automated method of recognizing an individual based on measurable biological (anatomical and physiological) and behavioral characteristics.
These are difficult times, and organizations need innovative measures to stay relevant. We have just emerged from a double-dip recession (at least on paper), and the economic scenario is that of cautious optimism, where organizations are looking to cut down on any kind of wasteful expenditure, while focusing their investments on what is absolutely necessary. Organizations need real-time visibility into spending and quick insights into any cost-saving opportunities that may exist.
The most recent recession has had greater implications for the organizations than any other event in the last 50 years. The recovery has been slow, with widespread uncertainty adding to the problem. Additionally, recent legislation around healthcare, minimum wage increases and FLSA compliance is likely to add to the financial woes of organizations.
Your business is growing very rapidly and your auditor is asking to capitalize labor costs for R&D and IT strategic projects. To secure an R&D tax credit, your tax consultant may need you to track R&D costs. Your executives want a better understanding of what projects are eating up the budget, and where resources are allocated. In fact, you may be performing project time and cost management for more than one of these situations, and the process has become cumbersome and complex.
Effective time management is critical to the success of any company, but employees aren’t always thrilled about having to track their time. Fortunately, advances in time tracking software make it easier, but there are other ways to get buy-in from your workforce and motivate them to get timesheets completed consistently and on time.
A key tool for eliminating much of the transactional, manual activities related to payroll is time tracking software. APA estimates that 7 minutes is spent entering each employee timesheet, and more time is wasted tracking down late submissions and fixing timesheet errors. But historically, people have been resistant to time tracking, for a number of reasons:
Replicon makes the best cloud-based timesheet and expense management software in the world. It helps more than 1.5 million people in companies of all sizes track employee time for projects and attendance.