Introduction

Small businesses often face significant challenges when it comes to managing their workforce. One of the critical aspects includes navigating the complexity of payroll obligations and ensuring compliance with various regulations. An online workforce solution, like Planday, can dramatically simplify and streamline these demanding tasks. As part of a suite of employee management tools, Planday offers businesses an integrated solution that not only tackles payroll issues but also helps improve overall employee management and engagement.

Key Points:

1. Streamline time tracking, rostering, and communications

   • Planday revolutionizes employee management by digitizing the entire process and moving it to the cloud, eliminating the need for paper-based systems and manual time tracking. The software simplifies staff planning using a user-friendly tool that caters to managers’ varying needs.
   • Additionally, Planday’s mobile app offers a convenient platform for employees to enter their availability, submit requests, view rosters, and swap shifts. Communication is made more accessible with the in-app messaging, news, and engagement widget, ensuring that employees stay informed and connected.

2. Integrate with Xero Payroll

   • Planday adds even more value for small businesses by integrating with accounting and payroll software like Xero Payroll. This integration offers a real-time picture of labor costs compared to key operating metrics, such as revenue, allowing for better financial control and decision-making.
   • Advisors supporting clients’ payroll management can also benefit significantly from Planday’s integration with Xero Payroll. This collaborative feature simplifies timesheet tracking and allows for a clear data trail for compliance purposes.

3. Navigate Australian Modern Awards

   • One significant challenge Australian businesses face is navigating the intricacies of over 100 Modern Awards, which regulate employee entitlements. Ensuring correct employee payment is vital to avoid penalties and maintain compliance.
   • Planday addresses this issue with their award interpretation feature, currently compatible with the Retail and Clerks Awards. The tool simplifies the process of calculating employee remuneration and ensures small businesses meet the necessary requirements. Planday plans to release more awards soon, including those for the Hospitality and Healthcare sectors.
   • For businesses not using the pre-built awards, Planday allows manual setup of pay rates and seamless synchronization with Xero Payroll, ensuring accurate and timely data transfer.

4. Forecast with advanced analytics

   • Effective planning and decision-making rely heavily on accurate and insightful data. Planday’s advanced analytics features provide businesses with valuable information on labor costs, revenue, and employee metrics that help make informed decisions in the workforce.
   • By offering customizable reports to visualize key data insights, Planday enables businesses to analyze and optimize their workforce strategy efficiently.

Conclusion

Planday significantly simplifies employee management for small businesses by streamlining time tracking, rostering, communication, and payroll while also assisting businesses in navigating Australian Modern Awards. The software’s integration with Xero Payroll and advanced analytics features ensure that businesses have a comprehensive and accurate understanding of their workforce metrics. By embracing Planday as an all-in-one solution, small businesses can optimize efficiency, reduce payroll-related stress, and enhance workforce engagement.