Steps to cut cost in projects Reduce project timeline Record expenses in all tasks Evaluate project expense reports regularly Reduce waste of items and services in the project Reduce recurrent expenses. Each project comes with a timeline and extending project deadlines causes increase in project cost. Therefore, sticking to project timeline is a vital step that helps to cut cost in projects. The next way to reduce project costs is to keep a detailed record of all expenses under tasks. The expenses may include items, labor and recurrent expense. These expenses may be managed using online project management tools. Using the tools, the project manager gets expense reports, which may be evaluated periodically and ascertained to be within the project budget. Furthermore, recurrent expenses such as transport and office bills add to the overall cost of projects. Thus, cutting project cost involves timeline, record keeping and constant evaluation of the project.

Finclock is the best online project management tools for company with many workers. Each team member gets an online account with a username and password when they are invited by the company admin. The workers in a company are assigned duties and instant SMS are sent, indicating the start date of the task. This way, the workers are aware of the work requirements and can proceed to complete the work. As they progress with the work, they can update status of their task and the team leader or project manager gets instant alert. Furthermore, the requests involved in a project are automatically sent via SMS, enabling the team member to respond instantly to requests. This method improves communication in the company. Moreover, the team members’ actions are aligned to the project goals, including timeline, budget and the quality requirements. Thus, the best online project management tools for a company are provided in Finclock, helping the company to increase profit and productivity. Consequently, companies using online project management tools can grow and scale their operations.

Project planning Project cost management Project reporting Project performance Revenue reports there are 5 main stages of project management. The stages in project management begins with creating a project plan, whereby the work requirements are divided into the subsequent tasks and assigned a start and end date. At this stage, the work description is included, whereby a project manager is assigned and expected to manage the project progress. The second stage is project cost management which involves defining the financial requirements in a project. The project manager creates a budget for each task and the cumulative budget is automatically calculated by the project management software. As the project progresses, the items used are reported online and the project expense reports generated, in comparison to the initial budget. This step requires the knowledge of the item prices, which is initially set when creating the company account for project management online. The third stage in project management is project reporting, whereby each team member makes work report on regular basis. The reports include the tasks performed, the expenses in the task and the overall comments. At this point, online project reporting tools helps you to attach files showing the work done. Once the project [...]

Staff register Job description Shift management Leave management Time and attendance management Task management Work reporting Manage workers online Team communication Work performance reports Best employee management software helps companies and organizations in the following ways, whereby multiple aspects of staff-related matters are taken care of. You can manage workers online in a company using Finclock employee project management software tools. The software tools include a staff register, which records and updates the employee details, such as name, job ID, tax information, social security details, job description, and history. The staff management software also provides you with the tools for the job description, whereby you can create job categories in your organization. These job categories may include manager, supervisor, accountant, and support staff among others. Another important tool in online employee management software is shift management, whereby you can create unlimited shifts and assign the shifts to people in your organization. Furthermore, you can change the shifts and get history reports for each team member. Notably, each company may have variable shift management needs, which necessitates custom shift management software. In this case, the Finclock team can customize the shift management modules to fit the needs of the company. Leave management is [...]

Looking for the best software to manage employee performance?  the best one is Finclock. The best software to manage employee performance is online employee management software. The software is best suited for businesses with more than 5 employees because each employee gets an online account. In these accounts, the employee can view the tasks assigned to them. The employees can make work reports on the tasks and even request the management. Furthermore, the employees can view their performance reports, which include the work performance rating. An employee may be rated as an excellent performer, good, average, below average, and poor performer. The ratings help managers to encourage the employees to improve through the unbiased method.