For any business, managing your labor costs is a key factor in maintaining and improving profitability. However, making sure that your payroll is at an optimum level requires that you have good data.
Fighting with an Excel spreadsheet is always an option. However, what’s the point in spending a bunch of money on your time just to cut costs somewhere else? The key is having a software package that does the hard work for you.
CenterEdge’s Time Clock application allows you to do just that. By combining your labor costs with your sales data from Point of Sale, you can quickly and easily see your labor percentage, sales per labor hour, and other useful metrics.
Better yet, the data can be shown in real-time, with an hour-by-hour measurement. Ever wonder if your labor cost is too high at 10am on Monday’s? We can tell you.
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