Labor Allocation is a software tool designed to automate and simplify the process of tracking labor costs across various categories within an organization. It eliminates manual calculations, enhances accuracy in labor dollar allocation, and streamlines compliance with employment laws.

Key Features

Automated Labor Tracking The software automatically tracks labor dollars by job, location, department, and other categories.

• Real-time allocation of funds
• Seamless integration with time and attendance systems

Configurable Allocation Settings Users can customize the software to fit their organization's specific needs.

• Flexible reporting options
• Adaptable to various industries

Compliance Management The tool helps organizations stay compliant with complex employment laws.

• Automatic application of required taxes based on employee location
• Easy generation of audit-ready reports

Benefits

Time Savings Eliminates the need for manual calculations and data entry.

• Reduces administrative burden on HR staff
• Allows employees to easily select allocations when clocking in

Improved Accuracy Automated processes reduce human error in labor cost tracking.

• Real-time allocation across payroll, invoices, and accounts receivable
• Seamless data flow between different modules

Enhanced Decision Making Provides comprehensive insights for better resource management.

• Predefined reports for trend analysis
• Proactive financial planning capabilities