• MANAGEMENT

    What Will Be the Future of Payroll & HR Outsourcing After the Pandemic?

    When COVID-19 hit several months ago, many entrepreneurs found themselves working on the front lines of various finance and employment issues, from furloughing staff members to handling payroll tax changes. Several operational HR and payroll limitations emerged as the result of the pandemic, especially for small- and medium-sized businesses. As a result, many small businesses recognized that their payroll and HR processes needed improvements. However, since hiring full-time payroll and HR teams who could offer that kind of support wasn’t an affordable option for most, many companies partnered with a professional employer organization (PEO) for their payroll, human resource, and other needs. As companies are starting to settle into their routines again…

  • qmsWrapper ISO 9001 press release img
    Data Security,  MANAGEMENT,  Medical Devices,  news,  Software

    qmsWrapper NOW COVERS AND SUPPORTS ISO 9001:2015

    Over the last few years, it’s a noticeable progressive growth in the global market in the adoption of software for quality management systems. The automation of the Quality Management System significantly eases the potential risks and operational costs of conformance to regulatory requirements in any sector or industry type. The need for effective management of organizational processes are being more and more valued.   qmsWrapper is a software known as QMS for medical device companies That’s why qmsWrapper is recognized as the only tool that successfully helps MedDev startups and small businesses to easily achieve and manage ISO 13485:2016 and 21 CFR 820 for many years already.   qmsWrapper listens…

  • BFSI

    Top Human Resource Management Challenges That You Need to Look After

    The business world is constantly changing, giving rise to a number of human resource management (HRM) challenges. HR professionals have to perform tasks such as workforce planning, training and development, compensation and benefits, while handling legal issues, among other responsibilities. HRM can be a challenge for small businesses because most don’t have in-house HR departments to rely on. Here are eight HRM challenges that startup owners have to face. . 1. Attracting Top Talent: Attracting the best talent takes time, sound judgment and a whole lot of work. This is why this human resource task tops the list of challenges faced by HR professionals. To attract the right people for…

  • BFSI,  Industrial

    What Are the Functions of Payroll Services vs. Human Resources?

    Payroll and human resources (HR) are two extremely distinct functions within a company. While payroll deals with the compensation of employees, HR primarily handles employee relations. However, there are situations where the two roles overlap, and are often performed by the same person, especially in a small company. While this arrangement might look good on paper, since it involves fewer employees to pay and an integrated approach to the functioning of the company, it can cause many problems. A company owner must know the differences in their functions and terminology, but also how the two functions can work together to produce better results. Functions of Payroll Payroll refers to the process…

  • BFSI

    5 Reasons Why You Should Consider Outsourced Accounting Services

    Many business owners find that they save time, money and stress by moving from an in-house accounting department to an outsourced one. While the outsourced company takes care of your financial needs, you can stay focused on value-added, revenue-generating tasks such as business development and making strategic business decisions. Check the following five reasons why you should consider outsourcing your accounting functions. 1. Boost Compliance with the Latest Rules and Regulations Outsourcing accounting services can not only help you manage your growth, but can also ensure compliance with the latest regulations when it comes to city, state and federal laws? A specialized outsourcing company will remain up-to-date with the latest financial…

  • BFSI,  Industrial

    Importance of Payroll Outsourcing Companies and Payroll Software

    Processing payroll in-house can be costly, time-consuming, tedious and prone to errors. In addition, entrepreneurs may have trouble having all the payroll software on-hand to complete payroll tasks accurately and compliantly. Therefore, many business owners have come to prefer the expertise of payroll outsourcing companies. Check out a few reasons why payroll outsourcing and software could help your business enjoy error-free, secure and compliant payroll processing. Save Time and Money No matter how many employees a business has, processing payroll requires a lot of time, as well as tremendous attention to detail. Payroll outsourcing companies can free up that time, which you as the entrepreneur can then dedicate to more…

  • BFSI

    Best HR Outsourcing Services for Small Businesses in 2020

    Your small business is growing and thriving, thanks to your entrepreneurial efforts to cultivate new customers, finalize sales and expand your product line. But one area where you haven’t had time to focus too strongly is in the HR sector. Although this is common for many founders, it’s a problem that has to be rectified swiftly. That’s because if your company isn’t staying up to date on employment and labor laws, benefits administration, new employee onboarding and payroll processes, then you could be setting yourself up for serious issues. One way to ensure that your company is on top of its HR obligations without disrupting your company flow is to outsource…

  • Industrial

    What are the Tips and Tricks to Score 79+ in PTE?

    The PTE is an English proficiency test that assesses your speaking, writing, listening and reading abilities. Many people must take it in order to study abroad in an English speaking country like Australia, or when they wish to get PR visa of such a country. Western Academy hopes to give you detailed information and coaching about how you can prepare for the test and feel comfortable that you know what you’re getting into! The test consists of four sections: Speaking Writing Reading Listening Do you need coaching for preparing for the PTE? Look no further, we have all the tips and tricks that you require for achieving your target scores! Following are some tips…

  • BFSI

    How the Shifting Payroll Market Is Impacting Business

    Today’s payroll processes require a lot more from you than simply reading an employee’s timesheet and writing a check. You must know the patient’s tax withholdings, benefits and much more before you can manage their payroll. In addition, as the compliance rules change rapidly, you have to stay on top of them while also protecting all of the information in your system. These requirements mean that most small businesses must adapt to an ever-shifting payroll environment in which they have to invest hours of time. The ripple effects throughout the business world mean that the impact runs far and wide. Consider these changes that are happening in the business industry…

  • BFSI

    Functionalities of Outsourcing Bookkeeping Services for Small Businesses

    If your business is growing, chances are strong that you spend quite a bit of time managing the books. From paying vendors to depositing checks, bookkeeping can take up a significant amount of your time, but if you want those hours back, you should consider outsourcing your bookkeeping services. Taking this step by outsourcing to a reputable bookkeeping firm will not only allow you to save time, but it can also help you save money. By not hiring a staff member to handle the books, you can save on salaries, office space, technology, benefits and more. In contrast, with an outsourced firm, you only pay for the services you need,…