Small business owners have tons to think about. If you have several employees, human resources should be one of your concerns. Today’s work setup has moved from purely in-house to hiring remote workforces, so keeping everyone on the same page can be a challenge.
In this blog post, we’ll discuss how Peachtree’s complete accounting software, now called Sage 50Cloud, could be one of your business’s favorite HR tools. It handles various HR tasks together with your business’s bookkeeping and accounting needs. We’ll list down the features you can enjoy using Peachtree/Sage HR and how they can help with your business financial management.
Company and Employee Information Center
Get full visibility of your people’s background no matter where they work through the help of Sage HR. The Peachtree software serves as storage for their personal information, job titles and responsibilities, schedules, and more. On your employees’ end, Sage software serves as a portal where they’ll find information about the company from organizational charts, updates, company policies, wages, and even their payslips.
Convenient Schedule Updates
Sage HR makes it easy for business owners to change schedules. Employers can tweak timetables in a few clicks, and staff can check their new shifts online or using the Sage mobile application. With seamless communication, your business operations can run smoothly.
The Peachtree accounting software is also a means for workers to file and get approval for their leaves and information about their timesheets. Both employees and employers can enjoy the stress-free leave filing procedure. The software calendar has all these details. You can even see the hours people render and who's on shift or not.
Address and Recognize Employee Performance
Individuals and teams can stay updated on their goals and progress as these are included in the information Sage HR shares. The software also allows colleague-to-colleague, top-down, or bottom-up giving of feedback and insights. With this, it is easier to work together in setting and hitting goals. Everyone can also stay informed of the team’s areas for improvement and what they should work on.
Expenses Monitoring and Tracking
As a small business owner, you need to keep track of these employee expenses and benefits:
- Travel expenses
- Meals and entertainment
- Pension and retirement benefits
- Office expenses
- Childcare costs
- Communication expenses
Sage HR assists you in tracking and monitoring by letting employees take pictures to submit documents and receipts. You can also set rules on who is eligible for these expenses and benefits.
Access to Recruitment Updates
Looking for software that gives you updates on recruitment? This is another feature Sage HR offers that not every accounting software has. If you want to keep an eye on how your recruitment campaigns are going, you can get updates using this accounting tool.
You can also plot candidate interview schedules on your recruitment calendar included on Sage HR. When these aspirants become your new employees, their data can be easily stored on the Sage HR software too. You can keep employee records from the moment they apply throughout their whole employment duration.
Bookkeeping and Accounting Assistance
When tracked, all these details can help keep your books updated and your small business accounting in place. You’ll have complete information about your current employees and incoming new hires for their payslips. Details inside the payslips can be automatically filled out because of the hours, shifts, leaves, performance, expenses, and benefits that are stored on Sage HR. When tax season comes, your accountant can use the data Peachtree collects. You can also use the data for financial reporting, expense claims, invoice creation, deduction processing, and more!
Expert Assistance From Unloop
Peachtree HR is the software’s feature that can manage in-house and remote employee files and records. It stores all the employee data in one secure system and allows for authorized access to specific information by managers or administrators. It also ensures seamless management of HR processes. For businesses with remote employees, Sage HR ensures everyone is kept up-to-date on company happenings, maintaining a cohesive workforce.
Unloop also uses the best accounting software like Quickbooks, Xero, and Hubdoc to assist you in keeping your books updated and your business finances in place. If you need assistance in this area or in bookkeeping, accounts payable, forecasting, payroll, and taxes, feel free to call us. We’d love to talk to you!