One important element of NetSuite’s ERP system is its employee management capabilities. Here is a look at how you can use NetSuite ERP software to make managing your employees easier and simplify your payroll processes.
NetSuite ERP is built to make back office business practices easier than ever before. Through your ERP system, you can build an employee portal for everything from time tracking to expense management. You can use the software to build complex commission plans, manage payroll, and maintain employee profiles. These tools, used together, make it simple to track your employees’ workflow, manage the cost of salaries and other forms of compensation, and monitor expenses.
You can use this information to make cash flow projections, determine accurate costs of jobs you perform for clients, and set salaries for your staff. Your employees will appreciate the control they have over tracking many of their own transactions, which can boost morale and increase your employee retention.