You work hard to make your business profitable. But are you doing everything possible to maximize profits? If not, electronic rostering could be the answer. Electronic rosters offer many benefits that help save money and increase employee productivity in the office. This article will cover 5 reasons your business might be losing money, followed by profit boosting ideas for your business, ending with key business tools to boost profitability.

Main reasons are:

  • Lack of a planned schedule
  • Loop time – wasting time on tasks with little or no value
  • Inefficient use of resources
  • Ineffective use of employees
  • Lower employee productivity

In business, there are always ways to cut costs and increase productivity. Let’s take a look at how electronic rosters can help you do this by offering 5 ways your business may be losing money, followed by some powerful ways that an automated rostering system could save you money and boost profits for your company!

1.  Company spends too much on overtime

2.  Company loses the expertise of its employees due to staff shortages The Australian Bureau of Statistics reports that in 2002-2003 1 out of every 3 employees reported having experienced a skills shortage in their workplace. This could have been due to tiredness, fatigue, stress, sick leave or other factors, but there are plenty of ways electronic rosters can help reduce these work shortages.

3.  Employee is overworked

4.  Poor quality results due to inadequate resources

5.  Employees need experience to complete tasks that should be automated

The following methods could decrease the number of hours worked per week by your employees and increase productivity:

  • Reduce call times through multiple support staff working on different areas of related products/services
  • Change the way you engage with customers during peak periods for example e-mail or text message reminders about upcoming appointments or deliveries may assist customers in planning around your business hours.
  • Increase the number of operators available at peak times through rostering (automated.
  • Reduce time spent on administrative tasks by using staff to their full potential
  • Find out why employees are taking long breaks or leaving early and advise them on how they can improve
  • Improve Customer Service with Electronic Rostering
  • Improve Employee Morale, Productivity & Job Satisfaction (through availability of more staff. 
  • Reduced operating costs include recruitment, training and knowledge transfer

The following methods might increase your bottom line:

  • Create greater opportunities for collaboration between different levels of work teams
  • Offer training materials accessible via an automated system
  • Your business can reduce recruitment costs e-mail or text message alerts when new jobs arise in your line of work
  • Ability to translate jobs into different languages
  • Reduce time spent on administrative tasks by using staff to their full potential
  • Suitable for remote business operations
  • Increase in productivity could boost profits
  • Staff are more accountable due to rules implemented by automated roster

Electronic rosters may offer you the solution you have been looking for, whether it’s equipping your workforce, improving employee wellbeing or simply saving you money! A successful company requires efficient processes that form a solid foundation for success . There are many ways electronic rosters could shape the way your company operates that go beyond productivity and cost savings.

  • Practice good communication with employees
  • Offer adequate training when new technology is introduced
  • Improve work practices when implementing electronic rosters
  • Ensure health and safety when working extended hours
  • Improve staff wellbeing
  • Increase in productivity
  • Save money
  • Boost Company Reputation

This list is by no means exhaustive, but hopefully can show you how electronic rosters may be able to help you save money, streamline processes and increase revenue for your business!

When running your own business, you are the one who has to do everything. This means if someone quits, you have to take on their work too. If there is a lot of extra work that needs doing in the office, then you might end up having to hire another member of staff. Training someone can take up valuable time and money which could be used towards growing your business. It’s much cheaper to develop employees with internal training programs . If you’re unsure whether or not someone has what it takes for success within your company, run them through an assessment test before sticking them behind a desk . Not only will this save you time and money when hiring people, but it will also increase productivity.

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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