Monthly Archives: January 2014

A new activity stream in Google Drive to show you what has changed

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Drive makes group projects easier because everyone can share files and work together. But in today’s busy world, it’s tough to track the changes to all your shared to-do lists, budgets and presentations, especially when content changes so often. So starting today, you’ll notice a new activity stream in Drive – a single, easy-to-view place to review every action taken on your files and folders.

When you open Drive, click the ⓘ button in the top right corner and the activity stream will appear, showing you who has taken action on files and folders in My Drive. You’ll see a rundown of what your team has been doing, such as editing and commenting on team notes, adding a new spreadsheet, renaming a presentation, sharing with your boss.

Some Pros and con’s of using Microsoft excel for your payroll

By | Business, Cloud Computing, Human Resource, Payroll | No Comments

Many small and medium businesses use Microsoft excel for their payroll. Using excel is easy and can save you from clerical errors which you may end up while doing payroll manually.

excel-large

Pros

Data entry:- Saves you from entering redundant data. You can copy the sheet from previous month and you are saved from entering data for current month.

Accuracy:- Calculations are accurate.
Fast:- You can do your payroll in minutes. Making changes is easy.

Con’s

Sharing:- you cannot share the data with your employees. Only solution is to mail payslips to your employees. If you have to make any changes later on you have to mail the payslips again. Hence you end up sending multiple versions.

Consolidation:-As you end up having different sheets for different months. Consolidating data is very difficult.

Overlooking:- Since you usually copy the sheets from previous month for the current month payroll, you end up forgetting rolling back the changes which were specific for the previous month. Some of the examples are loans, taxes deductions, incentives and commissions.

Benefits of Payroll Automation for SMB and Startups

By | Business, Cloud Computing, ESI, Human Resource, Payroll | No Comments

Whether you are a start up or SMB, automating payroll brings lot of benefits to your organization.

Reliable System: – Its important for any organization to have a system in place which both employer are employees trust, which is transparent. Having a trusted payroll system in place will keep everyone happy at the end of the month.

Accuracy: – Automating payroll keeps you away from embarrassing moments. Off course you have to setup the system right as per your needs and give it the right inputs.

Statutory Requirement: – Another important benefit of automating a payroll will save you from taxman. It helps you stay compliant with the latest rules and regulations.

Sharing Information: –Once you are through with the payroll calculations, you need to share this with your employees. Having a cloud based payroll enables you to share this information easily. Employees can simply log in and check their payslips and other details.

Save Time: –Moving to a automated payroll system requires one time effort to set it up as per your needs. As you have to pay your employees every month, automation does speeds up your work allowing you to focus on your business, rather than running the payroll.

How Important is Cloud Computing for Startups & SMB

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How important is the cloud for startups and the general small and midsized business (SMB) community? How they can utilize the cloud to actually help increase their overall bottom line. Here are few ways your startup or small business can leverage the cloud for business growth.

1. Huge Time Saver: Start using the application in minutes you signup. You don’t have to worry about installing the software and other hardware issues. Focus on what you want and get it fast.

2. No upfront Investment: You enjoy the best infrastructure without having to invest on it. All you need to pay is a subscription fee and you are ready to go.

3. No Vendor Locking: You don’t get struck to one vendor as you do when you buy a software outright due to your financial commitment. When you are on cloud, you don’t like them, switching to other vendor is easy as you have only paid for what you have used.

4. Get the best: Most cloud apps can be integrated with other cloud apps. So you can use the best of Accounting, Payroll, CRM, Email and much more integrated with each other.

5. Work anytime anywhere: Cloud applications can be accessed anywhere anytime and on any device. This brings more collaboration in your team and speeds up your work.