Choosing the Right Financial Management Software for Your Startup
When investing in your startup, choosing the right financial management software early on will have a major impact on your long-term growth.
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The success of any business depends on its people and Sage HR software will help you get to know your employees. They represent your company’s greatest asset, therefore hiring the right people is important. This is particularly true if you value strategic workforce planning.
The cost of recruiting, onboarding, and training the wrong person, followed by termination and another round of recruiting, can cost a company as much as three times the first year’s salary for the position in question.
But it’s about more than saving money on human resource management. The wrong hire can disrupt productivity, sour the attitude of your teams, and even cause turnover of other valuable top performers. So, how can you avoid a bad hiring decision and master human resources management?
People management, that is your ability to attract and keep the best people, will determine your company’s future success. But it’s not just about who offers the highest salary. Getting people management right means offering each employee the best training, environment, and experience. You must ensures they’re happy, engaged, and motivated.
Working with hiring managers, plan a smooth recruitment process—for internal employees and applicants. You should also ensure a full and thorough onboarding process and provide regular feedback. Monitoring the progress of your hires and providing support where it's needed will help employee retention.
The good news is with the right human resource management software, you can equip your business with everything you need for a happier, more productive workforce.
An effective hiring process starts with the company approving and posting the position. From there, recruiters or employers must screen and interview applicants. Then, they can check the background and references of candidates before making a final decision and offering a job. The company then determines a start date and prepares the applicant for completing a job orientation. The best HRM software can help with this process.
On our blog, you'll find great articles, advice, and insights that will help you manage your people.
When investing in your startup, choosing the right financial management software early on will have a major impact on your long-term growth.
A new breed of Canadian CFO is focussing on purpose and meaning in their work, says Pamela Steer, President & CEO of CPA Canada, as she looks to the future of financial stewardship and the evolving roles of Chief Financial Officers at Canadian businesses and organizations. Steer’s recent webcast discussion with Sage Canada Country Manager […]
A digital-first approach is essential if CFOs are to be “future focused and future ready”, says CPA Canada President and CEO Pamela Steer.
Finance teams are driving value for their organizations today and into the future—and they’re doing it through digital transformation and financial management modernization. Technology is an enabler. It’s a disruptor. And those organizations who view that as an opportunity can really get ahead of the curve. But there’s more to it than just technology—to achieve […]
Aside from regular employee wages, your employees may be entitled to other compensation such as overtime, commission, and bonuses.
Unlike the paper versions, there’s no need to print off and mail online pay stubs – saving your business money on paper, postage, and labour costs.
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