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yongwei hao

What is HRIS? Human Resources Information System Explained - 3 views

  • software solution
  • help automate and manage their HR, payroll, management and accounting activities
  • HRIS also facilitates communication processes
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  • Most are flexibly designed with integrated databases
  • allows companies to manage their workforce through two powerful main components: HR & Payroll.
  • Selecting the right HRIS is important
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    This article is an overview of Human Resources Information System. First of all, it introduces that HRIS is a software solution for small to mid-sized businesses to help automate and manage their HR, payroll, management and accounting activities. Secondly, a HRIS would provide the capability to more effectively plan, control and manage HR costs. Besides, a HRIS also facilitates communication processed and save paper by providing an easily-accessible, centralized location for company policies, announcements, and links to external URL's. Last but not the least one, an affordable Human Resource Information System (HRIS), allows companies to manage their workforce through two powerful main components: HR& Payroll.
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    This article provides a general understanding of human resources information system. A HRIS generally offers the capability to more effectively plan, control and manage HR costs. Besides, it helps achieve improved efficiency and quality in HR desicion making as well as improve employee and managerial productivity and effectiveness.
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    "A HRIS, or Human Resource Information System, is a software solution for small to mid-sized businesses to help automate and manage their HR, payroll, management and accounting activities."
jfuen093

Hospitality Accounting Software, Hotel Accounting Software | Sage Intacct - 1 views

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    Cloud-based systems are a great way to keep track of a business anywhere you are. They are also great to keep people connected and informed of what they need to know. Sage Intacct is a cloud-based accounting software that is great for hotels, restaurant chains, entertainment venues, resorts, clubs, or other hospitality businesses. It automates hospitality accounting and financial management to give greater visibility into one's business and help make decisions to boost profitability. With the system, your staff can enter and view information for specific properties and locations, without seeing the financials for other sites and businesses. It has features such as franchise operations, fractional ownership, global business units, and other complex holding structures. The greatest part of this system is that it helps keep up with evolving revenue recognition requirements. The system is also great for different ways of measuring performance by viewing accounting and finance information of individual locations, groups of locations, concept, region and/or other dimensions.
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    This article gives a solid overview of hotel and restaurant accounting systems and presents the vender's perspectives.
Nivia Butler

Accounting Software for Restaurants | Chron.com - 1 views

  • ff-the-shelf checkbook software through tightly integrated point-of-sale restaurant management systems
  • Restaurant accounting systems vary from simple
  • At the foundation of every accounting system lies a general ledger listing assets and liabilities (what the restaurant owns and what it owes) and accounts to track profit and loss
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  • These bookkeeping functions can be performed with a checkbook and a ledger pad (not recommended), a general-purpose accounting package like QuickBooks or Sage 50, or with special-purpose financial systems designed specifically for restaurants. High-end packages include point-of-sale terminals, menu planning, cost accounting, inventory, payables, receivables and other food service-specific features.
  • A general-purpose, off-the-shelf package like QuickBooks costs several hundred dollars and covers all of the basics: general ledger, profit and loss, cash flow, basic inventory, payables and receivables. The software takes little time to learn
  • Point-of-sale terminals or software act as cash registers, transmit orders to the kitchen, track inventory and monitor costs
  • full-featured point-of-sale system may look attractive, the same amount invested in kitchen equipment, fixtures
  • point-of-sale system, the vendor can also provide software that posts the results to a number of standard accounting package
  • ordered over the Internet or through restaurant supply stores, it makes sense to pay a little more to find a contractor who can install the system
  • With all the choices and such a wide range of costs, it may be difficult to determine what a new restaurant really needs. Start by looking at the business plan
  • Talk with an accountant to find out what will be needed for tax reporting, license renewals and other legal requirements. Ask what others are using and how much they spent up front and each month.
  • "middleware" merges the details tracked by point-of-sale and lets you know when it's time to reorder supplies, alerts you when menu item costs get out of line and keeps the restaurant profitable
  • every restaurant must turn a profit and control costs to stay in business.
  • yet every restaurant must turn a profit and control costs to stay in business
  • surroundings. Few will mention finance or accounting,
  • dly
  • yet every restaurant must turn a profit and control costs to stay in business .
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    The article I read was called "Accounting Software for Restaurants" in the article it said that many restaurants owners opened their business for their desire of food or their love for friendly surroundings. Most restaurant owners highly ever talk about their finances or accounting systems, yet they all should know how much money they are making and what percent of that money is profit. Every accounting system has a general list of assets and liabilities for the restaurant, which in other words means what the restaurant owns and what it owes. "These bookkeeping functions can be performed with a checkbook and a ledger pad (not recommended), a general-purpose accounting package like QuickBooks or Sage 50, or with special-purpose financial systems designed specifically for restaurants. High-end packages include point-of-sale terminals, menu planning, cost accounting, inventory, payables, receivables and other food service-specific features." Accounting software's allow you to see the general ledger, profit and loss, cash flow, and basic inventory. These software's are not only easy to use but they also save you a lot of time in the long run. When choosing software for your restaurant, start by looking at the business plans and see what your business can afford. It's best to talk with an accountant to find out what will be needed for tax reporting and license renewals, they will help you find out how much to spent up front and each month.
Yi Sun

Conventional wisdom that fails for IT - 0 views

  • Conventional wisdom that fails for IT
  • I’ve done several posts featuring what I call “Peterisms”, which are basically aphorisms I’ve adopted that encapsulate hard-earned IT lessons. Let’s turn it around this time, and talk about two sayings that sound equally folksy-sensible, and that I hear again and again, but which I feel are actually dangerous to apply to information technology work. And, of course, I’ll discuss why that’s so.
  • As with so many things, that situation represented a management failure too. It reflected a willingness, whether explicit or implicit, to live on borrowed time, hoping to stave off as long as possible the certain-to-come outage that would then take much longer to resolve.  It showed a willingness to tolerate unnecessary inefficiency and risk. It embodied an ongoing refusal to insist on (and prioritize) the necessary hard work to keep the clutter out of the equation.
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  • For information technology, the usefulness of insisting on the primacy of the individual, as an approach to making key decisions on systems-in-the-large, actually runs counter to my practical experience of what works.  An individual operating in a vacuum, even if extremely brilliant, informed, and motivated, tends to have occasional or frequent biases, tunnel vision, and pride of ownership. He misses errors and issues that the scrutiny of multiple eyeballs, not to mention the careful discussion of pros and cons, can easily catch.
  • The people who toss off this old chestnut also often smile triumphantly as if it were both unanswerable and as if they themselves had just invented the clever saying. The aphorism embodies a belief that only a single individual, making all the decisions, can do an effective design.  Note that aside from its humor, the saying doesn’t even make logical sense: a thoroughbred wouldn’t last long in the desert, while a camel is of course a highly optimized creature for its environment.  In addition, people generally apply the aphorism widely, refusing to acknowledge the usefulness of group involvement altogether, in anything. They trot out extreme examples where consensus-gathering has paralyzed action.
  • An example of the usefulness of committees is the Project Portfolio Management (PPM) process I’ve described frequently here on this blog.  Having a sole individual, even the CEO, decide on project inclusion simply isn’t viable over the long run in many corporate cultures–it creates classic problems of lack of buy-in and participation, for example. On the other hand, instituting a suitably chartered and well-facilitated steering committee, composed of senior individuals from the major business areas of the company, forces everyone to put on their “big company hat” as they consider priorities, rather than doggedly insisting on their own department’s parochial perspective. When that’s done well, everyone moves forward with a common understanding and solid commitment, one that’s much less likely when there’s an on-high fiat from a single person.
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    I know of very few aphorisms that tend to be repeated as smugly as this one, particularly by scared people. The implication is that action is generally to be avoided, that the status quo is probably just fine, and that one should wait for a true crisis before intervening. And, of course, that it's your fault if you've ignored this sage advice and intervened anyway. It's ironic, then, how IT departments themselves end up complaining endlessly about how they're always in fire-fighting mode. This prevailing attitude evolves among (and is a telling symptom of) burned-out sysadmins and developers, especially those who are stuck maintaining systems they didn't themselves write or engineer. It can be equally summed up as a "don't touch it, don't breathe on it" kind of superstition. Or, perhaps, it's akin to the proud but defensive statement that "we've always done it that way."
Marcos Oliveira

Mobile Restaurant POS Technology Helps Payment Flexibility - QSR magazine - 0 views

  • With smartphones getting smarter, smaller, and speedier all the time, concurrent advances in mobile point-of-sale technology are presenting restaurants with the opportunity to make their POS systems mobile.
  • There are now numerous POS platforms that leverage the iPhone and other mobile devices, including Android-powered smartphones and tablet computers like the iPad, so that restaurants can process payments in the field with a credit-card reader
  • Traditional POS has been very regimented and costly, but mobile is very adaptable, not only in terms of payment but in terms of marketing tools from an ever-growing number of third parties.”
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  • While mobile POS is often touted as a boon to full-service restaurants—it can allow customers to pay at the table through a credit-card reader attached to a mounted iPad, for example, and waiters can log orders on a smartphone that zip back to the kitchen at 4G speed—the technology also has service-oriented benefits for quick serves
  • Beyond mobile POS’s value as a portable cash register is its potential as a conduit for invaluable consumer insight. Whereas restaurants are able to glean very little personalized information from credit-card transactions, they can learn a lot when customers use the mobile payment apps or opt in for an array of alerts and updates via their smartphones.
  • The mobile POS … allows us to capture valuable data that gives us a better idea of our customers’ spending and buying habits
  • mobile POS platform called Sage Payment Solutions for processing credit cards
  • Smartphones open up very exciting opportunities when it comes to business-consumer communication
  • As mobile POS technology evolves, an operator will be able to send coupons to opted-in customers’ phones based on their shopping habits or geographic location.
  • the potential of mobile POS far outweighs the peril. The technology is in its infancy, and new developments are on the horizon. These include near-field communication, which allows smartphones to share data with other devices that are in close physical proximity, and EMV cards, which have microchips that allow them to interface with mobile phones.
  • “mobile technology is in the first inning
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    With smartphones evlving and getting smarter, smaller and speedier it is allowing for advances in mobile point-of-sale technology especially in the restaurant industr. There are now numerous POS platforms that support both iPhone as well as android. Tablets and iPads are also supported so that restaurants can process payments in the field with a credit card reader. Traditionally POS have been very costly and structured; now with mobile technology the flexibility is convenient, fast and user friendly. New applications allow restaurants to store customer spending patterns without retaining their personal credit card information. the use of smartphones also opens up very exciting opportunities when it comes to business-consumer communication. Restaurants can send text messages containg discounted coupons to their establishments. The key is to not over do it as customers may become annoyed with too many text messages. This article delat mainly with the restaurant industry but did mention the evolution of technological advances with the use of smart phones. Form personal experience I have used my iphone and ipad to conduct credit card transactions utilzing squareD which provides free of charge a mobile credit card swiper that is connected to the microphone port of either the iphone or Ipad. there is not monthly contract or fee. The only charge is 2.5% per settled credit card transaction and the amount is automatically deducted from the batched amount and within 1-2 business days the funds are deposited directly into ones checking/savings account. This is convenient, fast, and easy. I have been able to secure payment right on the spot instead of either handling cash which is always a ahzard or the risk of accepting checks. the use of smartphones and tbalets have revolutionozed the way business is being conducted making it fast, easy, and convenient to both cutomer and busoness owner alike.
angelamenoher

Viva Las Vegas and Automated HR a Case Study by Ascentis Corporation - 0 views

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    Cancun Resort was growing beyond past the ability to hand enter employee data. They needed a HRIS. They needed a system that could scale up with their growth but could not afford the expensive People Soft which based on my search of articles is a problem for most small to midsize companies. Typically companies buy a HRMS like Ascentis, Epicor HCM, People Strategy Inc or Sage Abra HRIS to name a few software companies. Its seems that HRIS systems can cost anywhere from a couple thousand to a couple million. Pricing costs increase with the number of employees. In this case study the Cancun Resort needed a reasonable priced system and Ascentis was their answer for a scalable system that was user friendly, produced automated reports like EEOC, sent employee birthday and anniversary alerts, automatic inputs of time and attendance, handled payroll benefits, and captured absentee trends. On the Ascentis website there are also other case studies and a video of the Mandarin Oriental HR director.
Jouvens Jean

POS: Point of Sale Systems & Software - 0 views

  • With so many different options for POS systems, it can often be hard for business owners to figure out which systems are the best. BusinessNewsDaily's sister site, TopTenReviews, has done extensive research on POS systems. The site ranks AccuPOS as the best POS System and POS services provider. They earn high marks for providing increased accounting capabilities, as it is the only software that is line-item compatible with QuickBooks and Sage accounting software. Additionally, AccuPOS is easy to use and requires minimal training.
gulsevim

Cloud Software Allows 700-Acre Resort's Financial Team to Regain Significant Man Hours ... - 0 views

  • When Tetherow, a now 700-acre resort in Bend, Oregon, first opened as a golf course and clubhouse in 2008, we were a small business with big ambitions.
  • Today, Tetherow is made up of twenty individual entities rolled into one wholly owned subsidiary, including a 50-room boutique hotel, a pool, two restaurants, vacation rental homes, an events pavilion, a recreation center, a golf academy, and various residential neighborhoods, as well as the 18-course golf course that started it all. In addition to our leadership team, our rapid growth has been led by our financial team’s investment in a technology that allows us to grow fast, under pressure, and with limited risk.
  • We came to realize that the technology and accounting systems that we had added piecemeal over the years to support our burgeoning business, a combination of Jonas restaurant software, QuickBooks, and Excel, didn’t allow us to scale and sustain growth.
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  • After doing some thorough research, we decided to invest in Sage Intacct, a cloud-based financial ERP, because we felt its features – particularly automation – could take on our day-to-day tasks, and give our finance department the time in their day to provide trusted strategic advice, rather than mostly crunch numbers.
  • Our finance team was able to shorten our consolidations process from more than a week to less than four hours per month, cut our monthly close in half – from twenty to fewer than ten days – and regained 24 hours a week – previously spent on cash analysis.
  • Most importantly, a cloud-based financial ERP changed our culture. The finance team saw productivity gains that made us better business partners across the organization. We could provide advice on strategic business decisions
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    Security has always been an issue for financial services which led to avoidance of some new technology systems. Due to advancements in cloud systems, I think it is time for financial services arms of hospitality organizations to reap the increasing number of benefits of cloud computing. Also, cloud-based financial Enterprise Resource Planning (ERP) helps companies enter new markets, explore new opportunities, and strengthen their business processes. Cloud-based financial ERP has certainly helped Tetherow Resort by reducing costs and allowing their finance department to concentrate on their strategic business matters rather than dealing with IT and infrastructure issues. By switching to a cloud-based system, Tetherow Resort was able to reduce the amount of infrastructure stored onsite, reduce costs of the process and develop new strategic plans. In my view, there is a huge potential in cloud-based financial ERP in for financial and even non-financial companies, because through this system companies' finance departments are able to increase the efficiency of their operations.
smones

Square for Restaurants Gets Plate IQ Tool | PYMNTS.com - 0 views

  • Plate IQ has cozied up with Square, announcing on Tuesday (May 15) an integration with the new Square for Restaurants service.
  • The deal involves Plate IQ’s daily sales software, which enables restaurants to “automatically input guest payment data from Square for Restaurants into many existing accounting software platforms and create valuable summaries of daily transactions, alleviating the typical manual-entry demands placed on general managers,” according to a Plate IQ press release.
  • The integration also will let restaurant workers “automatically attribute daily sales to the correct general ledger account for more accurate and detailed bookkeeping,” review revenue from various locations on a single screen and see real-time sales and purchasing data, allowing restaurant operators to estimate their cost of goods sold.
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  • In addition to creating room for error, these outdated practices place burden on already busy managers,” said Bhavuk Kaul, co-founder and CEO of Plate IQ. “Plate IQ’s integration with Square for Restaurants gives owners and operators access to last night’s sales accurately accounted for, automatically, by morning.”
  • Plate IQ said its software Daily Sales integrates with existing accounting software including QuickBooks Online, Sage Intacct and Xero accounting software
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    Plate IQ has formed a partnership with Square announcing an integration with Square's new Restaurant service. Plate IQ's daily dales software enables restaurants to "automatically input guest payment data from Square for Restaurants into many existing accounting software platforms and create valuable summaries of daily transactions." This integration has multiple benefits including more accurate, faster and detailed bookkeeping and more efficient cost of goods sold management. At my restaurant, we use a very similar software to this called Avero. Avero is integrated with our Aloha POS system and the information is automatically inputted every morning from the day before. As a General Manager, I find software like this necessary to day to day operations. It enables me to generate reports on product mixes, individual server sales, categorical sales and even enables me to monitor labor compared to my revenue.
jordanfernandez

A Brief History of Air Travel Distribution | Business Travel News - 1 views

  • The story goes that a chance meeting on an American Airlines flight between an IBM salesperson and then-American Airlines CEO C.R. Smith resulted in a pitch for IBM to build an airline reservations solution based on learnings from SAGE technology.
  • By the early 1970s, all the major carriers experimented with bringing the CRS to travel agencies.
  • 1990s: Global Distribution Systems Emerge & the Internet Changes Everything 
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  • GDSs offered travel agencies internet access and the software necessary to build and maintain their own websites. GDSs also targeted consumers directly through new online travel agencies: Sabre launched Travelocity in 1996, and Worldspan provided content for Microsoft's Expedia startup that same year.
Angelica Saez

Accounting for Hotels | Small Business - Chron.com - 0 views

  • The amount of money a hotel makes from its rooms depends on the average daily rate and the occupancy. Not only does a hotel's occupancy vary by time of year, but the daily rate also fluctuates.
  • Primary features of this software include recording all financial transactions, accounts payable for vendors and specialized forecasting. The hospitality accounting software is also designed to share information between franchises and their partners.
  • The Securities and Exchange Commission and Public Company Accounting Oversight Board regulations require that hotels — both independent and franchise — establish set processes to record revenue and expenses.
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  • Aside from the basic revenue and expenses, staff must take into consideration the varying room rates, late charges, vendor contracts and charges made to a room.
  • Different-size companies typically require different specs from the software, with larger companies typically requiring more complex features due to the broader nature of their business. QuickBooks and FreshBooks are popular options for smaller companies because of their intuitive interfaces and relative ease of use. For larger companies that may need more elaborate features, NetSuite and Sage Intaact are attractive options because of their capabilities.
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    Hospitality Accounting Software is the primary function of the hotels daily functions. This department helps to predict the revenue and expenses of the hotel while maintaining company standards. Many developments over the years has allows many features to be added in software that specialize in accounting. Features such as financial transactions, accounts payable for vendors and labor tracking. With the due and growing stress of accounting daily challenges many properties have now upgraded their systems where many departments can help take the workload off the accounting department.
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    This article explains the accounting process in the hotels. The article goes in great detail of how the training goes for the employee in charge of the accounting of the hotel and the different softwares and technology they use to help them. With these different types of softwares it helps them record the accounting of the hotel.
nellyvero71

How to Keep Accounting Records for a Small Restaurant | Small Business - Chron.com - 1 views

  • operators of even the smallest restaurants can improve their odds of success by keeping careful accounting records
  • Good record-keeping can show you where you're doing well and where you aren't, even if you're more at home behind the grill than with a ledger, but you'll need to have an efficient system to record and track that information.
  • it frees up time you need to actually run your restaurant, and that has a definite value as well.
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  • Depending on your budget and personal preferences, there are many proven ways to keep your books.
  • Small-business accounting software: Popular small-business accounting programs such as QuickBooks, Sage or Xero work well for restaurants when they're set up with a suitable set of accounts. The accountant or bookkeeper you work with will probably already use a specific program and will set you up on it unless you have a good reason for using something else. 
  • You can think of your accounting system as providing two different kinds of information: Things you need to know periodically such as how much tax to remit and things you always need to know such as your food cost and labor cost and how they relate to your sales.
  • you can calculate the most important indicators of your restaurant's financial health.
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    The article talks about the importance to keep accounting records. Which are the reasons to do that. The ways depending on the budget to keep the records. Accounting software is one of the ways.
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    This article on Chron can be viewed as a general guide for people who are willing to improve accounting in their businesses, especially restaurants. It has discussed different ways and steps of keeping accounting records, along with some important indicators of the health of the restaurant.
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