The average large company uses 80 applications just to manage HR and administrative tasks. These tools are often used to:
While these functions are necessary, there are often headaches created by a lack of integration between management software, such as information not syncing correctly or duplicative data entry. These problems and more can be easily solved with an all-in-one management software that combines all HR and administrative functions in one place, saving you money, improving workforce efficiency, and promoting accountability.
Here’s how you can use an all-in-one management software to boost your ROI through increased productivity.
Productivity Benefits of an All-in-One Management Software
Share Information in Real Time
Effective communication is more important than ever in an increasingly remote and hybrid workforce. All-in-one management software can fuel productivity and improve workplace culture through features like real-time:
- Meeting notes
- Visibility into work schedules
- Task updates
- Project collaboration
All of these features free up time that would normally be spent going back and forth over email about project statuses or setting up meetings to provide feedback on completed work. This increases the productivity of both employees and leadership.
For example, professionals in the financial services industry can access real-time billable hours reporting for all team members quickly if a client were to ask for a budget update – without even needing to coordinate with their team about work in progress.
Increase Individual Efficiency
Perhaps the most straightforward benefit of utilizing an all-in-one management software is the fact that all of the tools team members need to do their jobs are in one place. This eliminates time spent logging in and switching back and forth between separate systems to find the information that’s needed.
Combining your HR and project management software into one platform enables team members to:
- Do their job faster
- Meet tight deadlines
- Avoid duplicate data entry
- Automate routine tasks
Make Implementation and Onboarding Easier
There’s a lot to learn when starting a new job. All-in-one management software simplifies training to only one system, lessening the technological learning curve to enable quicker onboarding. This also frees up the time of the person who is training so they can focus more on billable work.
For current team members, an all-in-one management software can reduce confusion and time spent chasing down documents and updates, improving efficiency.
Gain Better Insights and Reporting
All your company’s data can exist in one place with an all-in-one management software. You don’t have to worry about making sure data is synced correctly or determining whether you’re using all the data available to you to make smarter business decisions.
Storing all your data in one system also avoids headaches related to continued integration if one software rolls out new features. You can tie your team members’ timesheets directly to tasks and projects for insights such as:
- Which tasks take team members the longest
- Individual productivity levels
- Where most of your overhead money is being spent
- Whether each client is over or under budget hours
A recent survey by Microsoft revealed that the average employee spent 57% of their time answering emails and messages and scheduling meetings. All-in-one management software enables anyone within your company to see:
- Who is working on which tasks
- When tasks are completed
- Real-time budget tracking
- Who is responsible for each client and/or project
This level of transparency simplifies internal communication by weeding out the back-and-forth discussion about project updates, deadlines, and tasks. Managers can easily oversee processes, progress, and their team’s productivity, allowing them to identify issues before they escalate.
Transparency also clarifies expectations and holds team members accountable, encouraging them to take ownership of their work.
Cost Benefits of an All-in-One Management Software
Aside from improved productivity, all-in-one management software can save your organization money in other areas of business.
Having a single system can often cost less than purchasing multiple subscriptions and licenses, and having only one vendor simplifies vendor communication and management.
Many cloud-based software also roll out new features continuously that may already be covered in your subscription plan, so you consistently get new tools at no extra cost.
Boost Productivity With A Single Management Software
Replacing multiple systems with an all-in-one management software reduces labor costs, frees up working hours, propels productivity, and empowers team members with the tools they need to do their best work.
coAmplifi’s all-in-one workforce management software combines collaboration, billing, project management, compliance safety nets, and more into a single, powerful tool to improve all aspects of your business. Schedule a demo now!