Payroll management is essential for companies employing people under the PAYE (Pay As You Earn) system. However, it is a time-consuming task best left to experts, which is why many small-to-medium businesses use a payroll outsourcing service.Payroll management ensures that employees are paid the right salary on time, with the correct deductions made. It is essential to keep accurate, up-to-date records (either written or electronic) for this,...more
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Business intelligence or BI has always been one of the crucial aspects of sustaining an organization. It can be related to business development, operational efficiency and the need of technology upgrading to study the overall growth of a business. Usually decision-makers and top-level management executives of an organization get to use such data for analytics and look into the business operations, be it technical or non-technical, with a "bird's eye view". However, to do so the quarterly, half-yearly & yearly reports are generated and then are provided for analysis. Such technique in BI is referred as Strategic decision-making.Another type of strategy, which is supposed to be more effective with reference to the mid-level managerial activities, is Real-time BI or RTBI. This modern day technique provides the latest and updated information about any operation or event to mid-level decision makers and allows them to act accordingly.While strategic decision-making presents the historical data for analysis purposes, real-time BI provides a comparison context between current and previous data. This helps the manager to analyze and study the current business events to identify the dips...more
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Are you planning to hire services of certified public accountant? In that case, here are some benefits of CPA that will help you take the right decision.A certified public accountant is a vital part of every business. In all the areas of accounting...more
Payroll management is essential for companies employing people under the PAYE (Pay As You Earn) system. However, it is a time-consuming task best left to experts, which is why many small-to-medium businesses use a payroll outsourcing service.Payroll...more
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