Revolutionizing Workforce Management: How Planday Tackles Payroll, Compliance, and More for Small Businesses
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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:
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.
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.
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.
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.
Casey Jones
Up until working with Casey, we had only had poor to mediocre experiences outsourcing work to agencies. Casey & the team at CJ&CO are the exception to the rule.
Communication was beyond great, his understanding of our vision was phenomenal, and instead of needing babysitting like the other agencies we worked with, he was not only completely dependable but also gave us sound suggestions on how to get better results, at the risk of us not needing him for the initial job we requested (absolute gem).
This has truly been the first time we worked with someone outside of our business that quickly grasped our vision, and that I could completely forget about and would still deliver above expectations.
I honestly can't wait to work in many more projects together!
Disclaimer
*The information this blog provides is for general informational purposes only and is not intended as financial or professional advice. The information may not reflect current developments and may be changed or updated without notice. Any opinions expressed on this blog are the author’s own and do not necessarily reflect the views of the author’s employer or any other organization. You should not act or rely on any information contained in this blog without first seeking the advice of a professional. No representation or warranty, express or implied, is made as to the accuracy or completeness of the information contained in this blog. The author and affiliated parties assume no liability for any errors or omissions.