Last Updated On June 23, 2018 / Written By Daphne Blake

Business Reporting Tools | Are You Guessing or Are You Forecasting?

Projections and forecasts are not wishes and dreams. Projections and forecasts should be made using concrete numbers pulled from business reporting tools that utilize essential data and sound information to make methodical business decisions.

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According to the FLSA or the Fair Labor Standards Act, any business owner who fails to pay their employees the minimum wage or refuses overtime pay is held liable for shortfall and liquidation damages. In other words, employers have to pay double the damages since it can also fine the officers and directors of a business. In order to avoid such hefty fines, business owners must comply with overtime, salary, minimum wage requirements, and benefits.

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Consolidation

According to the FLSA or the Fair Labor Standards Act, any business owner who fails to pay their employees the minimum wage or refuses overtime pay is held liable for shortfall and liquidation damages. In other words, employers have to pay double the damages since it can also fine the officers and directors of a business. In order to avoid such hefty fines, business owners must comply with overtime, salary, minimum wage requirements, and benefits.

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Customize

Business reporting tools can be customized and flexible to fit your business needs; allowing for growth of new SKUs, new territories, new customers, and more. As your business evolves, so will your business reporting tools. Adapt and amend existing reports to better fit your specific needs.

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Available Anywhere

Most business reporting tools are cloud-based, with the ability to pull data and present it to your mobile device. This allows you to make smart business decisions no matter where you are. Business doesn’t stop because you’re not in the office; mobile applications will enable you to respond intelligently and draw appropriate conclusions from anywhere.

Online employee scheduling software that makes shift planning effortless.
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Simplicity

Business reporting tools are now simple to use with dashboard navigation. You won’t endure a lengthy enterprise consultation or experience downtime in processing sales. Most often, you can be up in the running within a day with your newly found reporting tools. Ease of setup, ease of use, and ease of understanding - you won’t be overwhelmed or underwhelmed with the implementation of new reporting tools.

Online employee scheduling software that makes shift planning effortless.
Try it free.

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