4 Effective Ways to Improve Your Business’ Productivity

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Having a productive business translates to increased profitability, which will positively impact your organization’s bottom line. However, long working hours is not a veritable factor for productive work or high profitability. As a business owner, if you find that that you’re always busy but still have piles of work left at the end of the day, it’s time to rethink your productivity strategy. Besides, it’s good to be adaptive and willing to implement the solutions required for optimal productivity. Continue reading to discover some practical ways to enhance your business’ productivity.

1. Automate your HR processes.

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Human resource management is an integral part of every business. Many business managers no longer look at an HR department as a manual department, since automation is gradually taking over. Automating your HR processes translates to reduced errors (due to less paperwork), reduced HR costs, and increased HR efficiency.

The human resources management system (HRM) and human capital management (HCM) are viable automation options. HRIS is also another useful software that businesses use to handle HR functions such as hiring, managing payroll, storing employee data, tracking competency, and employee performance management.

At this point, you’re probably wondering to yourself, ‘what is HRIS?’ Simply put — HRIS means Human Resource Information System.

Finding the right HRIS system can be a tedious and time-consuming process as many types are available on the market. Besides, several vendors are offering a wide range of HR solutions. Notable among these is Arcoro, a company that creates effective HRIS solutions to meet current and future requirements.

Whether it’s talent management, time and attendance tracking, onboarding, or performance management, Arcoro helps companies maintain strict compliance. Over 10,000 businesses across the globe use Arcoro’s cloud-based software. Besides being a proven brand, Arcoro has been on the receiving end of several prestigious recognitions, including the 2020 Gold Award for Sales & Customer Service and the 2020 MIP Award.

2. Implement an effective employee wellness program.

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Introducing initiatives that promote healthy behavior among employees optimizes productivity. An effective wellness program addresses and promotes the core dimensions of employee wellbeing. Some examples include physical, social, emotional, financial, intellectual, occupational, and environmental wellbeing. Your organization needs to adopt a custom approach to improve employee wellbeing across these dimensions.

The good news is that various companies like Wellable can help to develop unique solutions for your company. Their dedicated team of account managers will design and execute effective custom employee wellness programs. What’s more, they can carry out frequent evaluations on your wellness plan to discover areas that need adjustment for better optimization. Wellable also offers a flexible pricing plan that covers all company types and sizes. To top it all off, you can synchronize your company’s wellness data via a direct app and device integration.

3. Incorporate enterprise resource planning solutions.

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ERP software can help businesses effectively manage their entire operations to improve productivity. Such software comes packed with many features that help with better accounting, human resources management, supply chain management, and customer relationship management (CRM). ERP tools also help to streamline business processes and enhance efficiency. Following the advent of SaaS and cloud-based software, many businesses, irrespective of size or type, can adopt ERP solutions. There’s a wide range of options to choose from, including Oracle NetSuite, SAP Business One, and Sage 300.

4. Offer rewards for completed tasks.

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You’ll likely agree that business productivity is mainly dependent on employee efficiency. Every organization should have a strategic reward system that encompasses recognition, appreciation, benefits, and compensation. The best way to reward employees is to appreciate individuals who attain goals or complete tasks regularly. This will further enhance employee loyalty and performance, which invariably leads to increased productivity.