Bryansmith414 Mar, 2023Technology
Did you know, according to Clutch, a marketing and IT business services firm, 25% of small businesses still use pen and paper to track their finances? Moreover, 45% of businesses don?t even have a dedicated bookkeeper or accountant for tracking finances. Considering how much time and resources it requires organizations to track finances, this is a big no-no! On top of that, people involved in computing payroll and finances are rarely supported with the right tools and technologies. For employees whose only source of revenue is their monthly wage, an incorrectly calculated or delayed salary can be catastrophic. It might have a negative impact on employee morale and, as a result, corporate productivity.
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