Does your company manufacture products, develop software, or create any kind of technology? Does your company have a Research and Development (R&D) department, or conduct any proprietary product design and development? Do you provide design, engineering, or testing services to your customers? Has your firm recently applied for and/or received patents? If your answer to any of these questions is “yes,” then your company may be eligible for R&D Tax Credits under Section 41 of the U.S. Internal Revenue Code.
Earlier this week, Replicon presented an exclusive webinar with attorney and compliance expert Brian Dixon, co-chair, Wage and Hour Practice Group at Littler Mendelson, one of the biggest and best-known law firms in the United States. Praveen Krishnan, Replicon’s senior director of product management, also took part in the discussion and fielded questions from more than 600 attendees.
Memorial Day signals the start of the Summer vacation season, and millions of Americans are already planning their vacation getaways with their families. While the challenges of vacation planning and coordination of family members’ schedules are sometimes formidable, they pale in comparison to those faced by HR managers and administrators. That’s because managing employee time off is a complex and sometimes arduous task for most organizations.
You’ve probably heard of the phrase “Throwing good money after bad” before. Most people would hate to knowingly waste their money, and would regret having done so. However, due to the “sunk-cost fallacy,” many people would put more money and time into a venture with an uncertain outcome or result, rather than look at it from a logical and economically sound viewpoint, and admit they were wrong. When analyzing business decisions, the idea of sunk costs often comes into play. Most economists consider it an emotional decision, driven by the all-too-human desire not to waste something that has already consumed a good deal of resources and time. From an economic viewpoint, looking at sunk costs is inefficient due to the dependence on irrelevant information to arrive at a decision.
Are you in the market for a Project and Resource Management solution to help you track costs and expenses, improve project execution, boost resource utilization and skills, and bill your clients? If so, here are 10 key things to consider when searching for the best solution:
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.
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.