5 Good Reasons to Implement Performance Review Software

The employee review and performance appraisal software make a valuable addition to any organization irrespective of its size and type. No recognition at all makes the employees feel demotivated and less engaged with the workplace. A culture of recognition can strengthen the bonds and provide low productive employees a great way to double their productivity and achieve organizational goals.

In today’s time, performance reviews based on one’s perception can negatively impact any employee’s career growth. Therefore, to bring transparency, revamping the performance review management is necessary using a fully integrated performance review tool with a truly effective evaluation system and other functionalities.

Here are some of the top reasons why performance review software matters to your organizational success, have been rounded up:

1. To improve Morale

The performance reviews not only let the managers have a deep understanding of actual work performance, also give employees a feeling of satisfaction and encourage them to improve and prove their worth. The automated software is designed to value good work and help low productive employees know their flaws & stay focused.

2. To foster open communication 

The real-time performance appraisal software emphasizes on improving communication between employees and managers. The smart solution serves the purpose of fostering collaboration and transferring ratings/reviews to employees in a more convincing manner. Through clear, concise, and evidence-based feedback, the staff can develop a sense of positivity and reduce the stigma of performance reviews.

 

3. To Shape the Performance

To figure out the performance gaps, it’s important to count on a reliable and powerful tool that evaluates an employee’s performance and provides great support at the same time. The cloud-based performance management software does everything from performance planning, tracking, monitoring, assessing, and reviewing- all that within a single application. It systemizes the entire practice and delivers honest feedback to employees.

4. To Increase Feedback Frequency 

 

Sharing feedback with employees annually won’t help them learn much from their mistakes. The comprehensive performance tool increases the frequency of communication by sharing feedbacks to employees at the predefined intervals. It will help improve learning and allow employees to excel at every project.  

 

5. To Automate Performance Monitoring 

 

Achieving measurable results will help organizations track the progress of individuals. With the automated and efficient tools featuring real-time dashboards, the managers can monitor the performance and encourage underperforming employees.  

 

Bottom line

Every employee is a valuable asset and to help them contribute to their best, employee performance reviews and appraisals are vital. Rather than collecting feedback verbally from managers, it’s is the need of the hour to incorporate advanced & customizable performance review software with 360-degree feedback in real-time capabilities.

To fully grasp what employees have performed and whether they have met the set standards or not, get Talygen’s performance review software. Talygen provides Software-as-a-Service platform to effectively convey clear and actual feedback as per employee’s performance within the specified period. The software features automated feedback, training feedback, multiple reviewer chain, improved communication, and more.

For more understanding, schedule a demo online at https://talygen.com/freetrial.

Expense Tracking App: Top 4 Expense Tracking Apps for Entrepreneurs

One of the most important areas of business management, where start-ups and entrepreneurs find themselves scratching their heads, is expense tracking.  

An expense tracker is more of a necessity than a luxury nowadays. The smallest, as well as the biggest, expenses are easily monitored, reported, logged, processed, and shared using modern expense trackers.

Startups have very tight budgets. It’s essential for entrepreneurs to keep track of all their expenses precisely and in real-time.

Expense Tracker Software

There are many expense tracker apps available in different mobile app markets. Here are the top 5 expense tracking apps for entrepreneurs that can very well simplify their expense tracking and reporting hassles in just a few clicks.

1. Talygen’s Expense Tracking App

Talygen, a global leader in business management automation, offers an intuitive expense tracker app for all kinds of startups around the world. This expense tracking app is available on all leading platforms, namely Android, iOS, and Windows. 

Talygen’s online expense tracking app has integrated a lot of productive functionalities, such as easy expense reporting, custom expense limiting, future expense entries, real-time expense monitoring, and so forth, to simplify expense tracking for entrepreneurs. 

The application empowers entrepreneurs for organizing their expenses systematically and helps them in planning budget costing for long term profits.

One of the top functionalities of Talygen’s expense tracking app is its ability to easily manage expenses of geographically scattered employees from a single dashboard. Managers of a startup can monitor the expenses of all their employees or hired freelancers around the world from a user-friendly, centralized interface.

Other top functionalities of this online expense tracker include: 

• Detailed and simplified reimbursement reports
• Easy expense approval 
• Feature-packed dashboard and interface
• Overdue alerts
• Per day limit configuration 
• Timesheets integration
• Desktop web-app 

Talygen also offers a Free Demo of its intuitive Online Expense Tracking App. Give it a try for your startup today!

2. Concur

Concur offers a lot of different expense tracking functionalities for small and medium-sized businesses. The app makes tedious processes like reimbursements, submissions, invoice tracking, and so on, quite simple. 

Available on both the iOS App Store and Google PlayStore, Concur allows you to integrate a lot of additional functionalities into the expense tracker from its suite of business management products. 

3. Clarity Money

A very simple to use expense tracker app, Clarity Money offers you a decent amount of functionalities that fulfill many of your expense management needs.

The app allows you to track, as well as cancel subscriptions very easily. It is a very simple expense tracking app that allows you to track a lot of different expenses from a single interface.

With limited functionalities and available only on the iOS platform, Clarity Money is a good choice to learn the basics of expense tracking before moving on to a premium expense tracker.

4. Mint

A great choice for freelance entrepreneurs, Mint offers almost all the must-have expense tracking functionalities. Available both on iOS and Google App Store, Mint has a lot of integrated features for easy tracking, billing, and storing of personal expenses.

Mint offers a Free Trial for 30 days and offers Sync Transaction features with a lot of banks as well. Mint is a great choice for personal expense tracking for sure.        

Bottom Line

A startup needs to organize its expense tracking processes well in advance. A dollar saved is a dollar earned. As simple as that, make sure you keep in mind your long term objectives while choosing an expense tracking app for your startup.

Online Time Tracker: 8 Instant Benefits for Businesses

Online time trackers help businesses and employees in increasing their productivity and helps them in being more creative in their approach towards the work. 

It has been found that time tracking tools can decrease productivity problems by up to 80%. In the past few months as companies were adapting to work from home style of work, time tracking tools helped them to keep an eye on remote employees and ensure timely delivery of tasks and work. 

Online time trackers offer a lot of benefits to businesses, as well as to their employees. Not just in the long run, but online time trackers have some great instant benefits as well, such as:

1. Improving Estimates and Quotes

Offering quotes and estimates are one of the trickiest and most important part of running any kind of business. Online time trackers can actually tell you how much time a particular task takes to help you calculate an accurate estimate. 

2. Adjusting Priorities 

Adjusting priorities becomes easier for the employees by using online time trackers. Modern online time trackers have features like Timesheets, Manual Time Trackers, Pause/Resume, Bulk Time Entries, and so on that can help employees manage and prioritize work as per deadlines. 

3. Real-Time Performance Review 

Reviewing the performance of an employee becomes much easier with stats and numbers. Using online time trackers, managers can have a real-time glance at the progress of a project and the time been taken by different employees to complete certain tasks. 

4. Time Tracking Tools on the Go 

One of the biggest advantages of time tracking is that employees can track time online from different kinds of devices. Modern online time trackers are offering mobile apps for major operating systems, such as iOS, Android, Windows, and Blackberry. 

5. Work Scheduling 

Online time trackers can help you improve your overall work schedules as you will have much more precise information regarding the usual time taken by your employees to do a particular task. 

6. Track Time Online Across the Globe 

Another very prominent feature of an online time tracker is that you can track the time of your employees residing in some other country with different time zones. 

7. Quick Reports and Insights 

Modern online time trackers offer in-depth details and reports regarding each and every project whose time has been tracked. This can help you improve the flaws in your overall productivity. 

8. Quick Invoice Generation 

Online time trackers can help you make invoices much more accurate than ever before. You can have a detailed report of the time taken to complete a particular task, as well as the variation between the actual and planned cost. 

Concluding 

Online time trackers are there to help you grow your business. With promising long-term goals, online time trackers offer amazing instant benefits as highlighted above. 

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Talygen’s Online Time Tracker offers you some highly-productive features, such as Timesheets, Detailed Reports, Mobile App, Activity Logs, Screenshots, and more. Your team can keep logs and track time online for different projects at the same time.

Sign up now for a Free Demo!

Resource Scheduling Solution: 3 Most Common Resource Scheduling Mistakes

A successful project needs an honest work assessment, an in-depth understanding of the goal, and highly productive & flexible resource management.

Project managers have to simultaneously manage a lot of different resources at the same time. These resources involve almost everything from the workforce to budgets. 

Project managers have to be on their toes all the time to make sure:

1. Everything is planned and organized before the project starts

2. Resource are allocated properly for a particular task 

3. Resource and budget estimations are flexible

4. The complete workforce is capable enough for real-time resource re-allocation   

5. No working hours or resource are wasted for even a second

These are some of the most common things a resource manager has to take care of in a project, irrespective of the niche and type of the project. 

Here are the 3 most common resource scheduling mistakes made by project managers that can largely halt the progress of a project:

1. Casual Employee Management

A very important part of resource scheduling is to monitor the progress and availability of employees in real-time.

Managers need a proper system or an intuitive work schedule software to monitor employee progress and workings in real-time. 

This will not only help the manager in assigning resources easily but will make the workforce much more productive and help the team in completing the project before the deadline. 

2. Failure to Reschedule Resources in Real-Time

Managers need a proper system to reschedule resources in real-time. Rescheduling is the key to increase productivity and to make the most of the limited number of resources available. 

Rescheduling resources in real-time is not an easy task. It needs proper planning, monitoring, and real-time resource management to bring success. 

3. Overburdening of Resource Management on Managers

The dependency on managers for resource scheduling creates management overburden on them and ultimately increases the possibilities of a complete project failure. 

Nowadays resource scheduling software are there to eliminate this possibility. These software are packed with highly-productive and flexible resource scheduling functionalities that altogether allow managers to make the most out of their available resources without any hassle. 

Talygen’s user-friendly and highly-intuitive Resource Scheduling Solutions offer organizations and managers a large set of seamless resource scheduling functionalities. 

Resource Availability Checks, Off Day Scheduling, Graphical Representation, Real-Time Rescheduling, Overburden Highlighting, and more such productive features integrated into one user-friendly resource scheduling solution. 

Sign up for a Free Demo now!

8 Tips To Enhance Employees Productivity

The importance of a well-organized employee management system is a requirement organization shouldn’t ignore. 

From increasing workforce productivity to helping organizations retain customers, employee management strategies are being prioritized globally.

Many global business managers have strived to implement an effective employee management system, but not all have been successful. The reasons are endless.

Listed below are the top 8 recommended tips for employee management that will allow employees to become more productive, irregardless of the industries.

1.  Track Time and Costs Precisely 

Employee time keeping provides for an insight into the employees’ productivity. Decisions can be better made with time tracking when assigning tasks and resources. Organizations should ensure a time tracking system is in place so it doesn’t become a nuisance or distraction.

2. Establish Expectations Clearly

Within the organization, every employee should know what their roles and responsibilities are. This clarity allows them a clear path to be able to achieve their personal growth, as well as the success for the organization. 

3. Scheduling is Important 

Scheduling is one of the first few priorities that needs considerable attention when creating productive employee management strategies. The idea is to create transparent and flexible schedules that can be adjusted along with the progress of a project.   

4. Don’t Always Put Customers Above Employees 

Employees’ morale is one of the most important human element that managers has to deal with. There may be occasions when customers may be right, but siding with your employees every now and then, will boost their confidence and motivate them to work even harder. 

5. Receive Regular Feedbacks

The central idea is to keep employees involved and engaged as much as possible. Ask employees regularly for their feedbacks regarding various subjects, such as updates with any new or recent projects, or any new trends in the industry, etc., to determine if any changes are needed.

6. Award Bonuses

Another widely used program in successful employee management is awarding bonuses to employees who puts in the extra time and effort to accomplish their work, show upward career progression, or demonstrate superior performances. For example, awarding bonus to employees who have worked extra hours or days may help maintain strong relationships with them. 

7. Simplify Approval System 

Managing and dealing with approvals is a constant hassle. A simplified approval system which allows approvers to review time, expenses, vacations, or any other requests quickly, can ease the process.

8. Track Employee Performance

Performance reviews should be a regular occurrence in the employee management strategy. It helps an organization to identify, assess, and address the strengths and weakness, which can be used to improve the employees and company’s overall productivity. 

Bottom Line

Increasing productivity is not a one-time task, but a complete process that involves a lot of subprocesses, such as simplifying talent acquisition, employee task tracking, making training management easier, improving approval systems, employee time keeping, doing multi-level performance reviews, scheduling resources efficiently, promoting transparency, and so on. Businesses in the 21st century are relying on web-based employee management software to boost employees’ productivities.

Talygen’s best-in-class employee management software can offer numerous feature-rich functionalities for many different organizations, regardless of company size or industry type.

The web-based employee management solution provides for an easy, flexible, and manageable process involving performance reviewing, employee task tracking, access management, approval system, attendance tracking, employee time keeping, employee training, talent acquisition, etc., allowing organizations to focus more on its core services or products.  

Sign up for a Free Demo of Talygen’s web-based Employee Management Software today!

3 Unique Benefits of Advanced Screenshot Tool for Small Businesses

Advanced Screenshot Tools go beyond the usual time trackers with a digital timer going on till stopped. Modern time tracking software with screenshot are offering some of the most robust and easy-to-use employee monitoring features for all kinds & niches of businesses. 

These daily work trackers are packed with some of the most advanced features, such as keyword logging, mouse click logging, cloud-storing screenshots, and so forth.

Also, these tools are not just there to keep an eye on the employees. They help in improving the overall productivity of a project as well.

With the emergence of work-from-home and remote work culture around the world, time tracking software with screenshots are making a huge impact on the growth of business organizations around the world. Here are the 3 Unique Benefits of Advanced Screenshot Tool for Small Businesses:

1. Simpler Workflow Determination

An advanced screenshot tool helps in finding flaws and errors in your workflow. A simple time tracker can only give you the numerical figure of the time taken to do a particular task but a screenshot tracker can give you a detailed insight into the complete workflow structure of your organization. 

You can use this information to improve your organization's workflow, as well as it empowers you to eliminate the wastage of time.

Screenshot time trackers also allow you to monitor multiple numbers of employees, at the same time, from one single interface.    

2. Improved User Work Logging

Using regular time trackers or simple excel sheets you can only save numbers and figures about the progress of an employee. 

Using a screenshot time tracker, you can have detailed insights into the mistakes, progress, and workflow of each and every employee in your organization. 

You can also make better decisions in increments, promotions, awards, and penalties. Modern screenshot time trackers can also save the screenshots and related data in the software itself so that you can analyze the captured screenshots later.   

 3. Eliminate Security Threats 

One of the most important features of an online advanced screenshot tool is that you can monitor and prevent any kind of data theft. 

You can build a strong, safer, and much more trustworthy work environment in your organization.

Concluding

Time tracking software with screenshots are making a solid place for themselves, slowly and steadily in the marketplace.

Talygen offers a process-driven, simple-to-use automatic screenshot tracker that not only helps businesses to monitor progress but also helps them in boosting their productivity as well. 

Try the Free Demo of Talygen’s intuitive time tracking software with screenshots today

5 Best Billing & Invoicing Tools for Startups

For a startup company, hiring an experienced person to manage bills & invoices may not be ideal. Managing bills and invoices are one of the trickiest tasks for new and emerging startup companies in any niche. Using Invoice Creator to handle invoices takes a lot of effort, time, and organization.

With Talygen Modern Online Invoicing software, it simplifies the process for businesses to manage their billing and invoicing needs from a centralized, one-window interface without the need for additional specialized resources.

Listed below are the analysis of the top 5 best billing & invoicing tools for startups: 

1. Talygen Online Business Management System 

Talygen offers a process-driven, intuitive Online Invoicing Software that helps startups in generating online invoices in seconds without much effort.

It allows businesses to automate the complete process of invoice generation and management. Talygen offers a feature-rich billing and invoicing module that offers many amazing features, such as Different Billing Rules, Taxes Management, Recurring Invoices, Invoice History, Multiple Currencies, integrated Online Payment Gateway, and etc.

You can obtain a free trial of Talygen’s Online Invoice Management tool by signing up.

2. Bill.com

This cheap billing tool is available for $19/month and allows you to control many aspects of invoice generation. At Bill.com, you can also get unlimited document storage, access to different payment networks, and other add-on services as well.

3. Due

Due is another feasible choice for startups and small businesses. The platform offers access to over 100 currencies and allows third-party integrations, like Paypal as well. Due also offers unlimited invoice creation facility and website embedment.

4. Hiveage

Hiveage is a quick and free online invoicing payment tool. Apart from easy invoicing, the platform also offers other services such as auto-billing, financial reports, and third-party integration.

5. CitrusDB

CitrusDB is an open-source billing and invoicing software. Advanced users who are technically strong can modify it to suit their own specific requirements. It offers service management, billing system, built-in emailing of invoices, and some other features for free.  

Bottom Line

While deciding to choose which Invoice Management tool can assist with their transactions, startup companies need to ensure the workflow doesn’t negatively impact them. With Talygen’s Online Invoice Management tool, it offers complete automation and saves time to focus on other core business functions.

Sign up now for a Free Demo of Talygen’s Invoice Management Tool.