5 Huge Reasons Why Small Businesses Need To Use Modern Technology
If you run a small business you need to take advantage of the technology that’s available today. It’s the only way your company will ever survive. If you ignore it your competitors will leave you well behind as they speed away.
It’s tough to truly understand the power of modern software unless you’ve been using it for years. Do you have any idea what it’s capable of at the moment? You’ll need to catch up with the competition soon, so let’s have a little look at its true power.
Searching For Lots Of New Customers
They say everyone has at least one invention buried inside their head. Unfortunately, most people don’t do anything about it because they lack knowledge. If they knew about a company like InventHelp it would be different.
That would require the company to market their services effectively, which is a lot easier if you use software. The most powerful example is probably email auto responders, because they’ll allow you to build a strong sales funnel.
Taking Care Of Any Financial Matters
There are two huge reasons why software will change your life when it comes to your finances. First of all, if you have a payment processor you’ll be able to accept orders online while you sleep.
It also helps with things like accounting too. Lots of companies are now using software to take care of their books. Everything works automatically and people can concentrate on more important things.
You Need To Increase Your Productivity
Every second you spend messing around when you should be working is money wasted. Sadly, it’s very easy to procrastinate non-stop when you’re running a small business. Software can give you the extra kick you need.
There is software that will stop you from accessing particular websites at certain times of the day. Apps designed to help you work faster are great too. Just ask anyone who has used the Pomodoro technique.
Collaborating With All Your Employees
There was never anything like cloud storage space when you were a child. Everything was stored on computers, but physical copies were a necessity. That changed once everything could be stored in cyberspace.
It’s not the only benefit you get from the cloud nowadays. The perfect example is how easily you can collaborate with your employees. Having the power to access your files from anywhere in the world is fantastic too.
Always Keeping Your Customers Happy
You’ll know how frustrating it can be when you buy a product and something goes wrong. All you want to do is reach out to customer service as quickly as possible. Spending thirty minutes on the phone isn’t very enjoyable.
Now companies have the ability to connect with customers instantly through things like social media. A tweet only takes a few seconds to send out. You can also look for angry customers before they contact you.
You Can’t Afford To Ignore Helpful Software
If you find helpful software you should start using it straight away. Even if it takes a while to get used to you’ll love the return on investment. You can sit back and watch as your profits rise over time. http://bit.ly/2CrNGl2 #SAP #SAPCloud #AI
4 Options for SAP Payroll Customers
What are the 4 options for existing SAP Payroll Customers?
SAP has approximately 9,000 active on-premise Payroll customers today. In 2012, it was announced that support for all on-premise SAP HCM would be guaranteed through calendar year end 2025. The goal of SAP SuccessFactors is to transform its on-premise SAP HCM and Payroll customers to cloud-based solutions, leveraging not only the SaaS platform but also the latest technology available. While the option for core HCM is obvious (Employee Central), the options for payroll can be a bit less clear. In this blog, I want to introduce the four main options available today for existing on-premise SAP Payroll customers.
1. Keep your payroll on-premise
This is a ‘do-nothing’ approach. Customers have invested a large amount of time, money and resources into their Payroll systems to get them to work just the way they want them to. These customers are concerned about the looming 2025 end of support date, but are unconvinced that there is an urgency to move as they believe adoption has been slow and that there may be a change to that published date. It is worth noting that this date has been extended twice already and even if it did not get extended again, there will be additional support models available for SAP on-premise payroll customers beyond year end 2025. You can still leverage the Payroll Control Center in this approach to innovate your processes.
2. Employee Central Payroll
SAP SuccessFactors does not yet offer a new payroll solution. Rather they leverage the world-class multinational SAP Payroll in a hosted “Cloud” environment by SAP SuccessFactors called Employee Central Payroll.
To move to this model customers are required to do five things:
Why do I have to reimplement and simplify to move to Employee Central Payroll?
SAP has long been a system that is completely customizable, wherein each customer has designed the system (including its time and benefits functionality) to support their unique business processes and needs. SAP SuccessFactors, however, is based on a best practice methodology. The ideal customers for Employee Central Payroll are those without any complex time or benefits configuration. SAP has created a decision graphic that basically says if you have complex time and or benefits, this option is not designed for you. Employee Central Payroll has proven popular with customers with a simple payroll or who have net new implementation and not a migration from SAP.
3. SAP SuccessFactors Managed Payroll
SAP SuccessFactors Managed Payroll is an offering, added in 2016, that addresses the needs of customers that have made a large investment in their SAP Payroll and do not wish to change it. This model allows customers to make no changes to their system or its processing. They simply allow a certified partner to host it on its server.
To move to this model, customers are required to do three things:
4. Outsource your existing Payroll (via BPO or another vendor)
If the three options above do not meet your needs, you can consider outsourcing your existing SAP payroll. There are many choices available for outsourced payroll including Business Process Outsourcing (BPO) or working with another payroll vendor. Vendors like Celergo even offer SAP-certified integration between payroll data/processes and SAP SuccessFactors Employee Central.
Table of four options for existing SAP Payroll Customers
Please feel free to reach out to me if you have any questions around the SAP SuccessFactors Managed Payroll Offering.
This blog is cross-posted from http://www.epiuselabs.com/lets-talk-hcm/4payrolloptions. http://bit.ly/2DA6NIQ #SAP #SAPCloud #AI

