Know Your Staff

If you're using a combination of Outlook and Excel to handle typical HR and accounting functions, there's an easier way. Employee Resource Management, or ERM, streamlines employee-centric functions and makes tracking them part of a broader business software system. NetSuite's new ERM module meshes with the company's software-as-a-service suite designed to give growing businesses complete control of their organizations without the fuss of servers filled with enterprise applications.

NetSuite's ERM automates a number of tasks that are time-consuming due to inefficiencies and administrative overhead. In addition to vacation or sick leave and time sheets, these tasks include approving expense reports or purchase requests and tracking employee reviews.

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An ERM module that meshes with a company's spectrum of activities makes for a much more informed company. Being able to review reports from an enterprise software system and see real-time inventory or orders is a powerful thing, but being able to overlay HR and accounting data is even more powerful. Companies can use ERM to discover previously hidden bottlenecks or unexploited efficiencies--all for just $99 a month for five users with a NetSuite subscription ($499 a month).