Roster Budgeting
RosterElf provides business and staff management solutions including basic, pro and enterprise accounts catering for a range of different businesses and industries.
Many businesses across different industries develop and implement set financial budgets. Sticking to strict budgets allows businesses to grow and generate revenue for the business and its shareholders.
RosterElf incorporates a clever budgeting tool which shows managers live costs including shift cost, hourly cost, hours and break allocation. This allows managers to understand what each shift and the week’s roster is costing the business and make changes accordingly.
Depending on your industry and award, your business can factor in penalty rates to improve the accuracy of your rostering budget. RosterElf includes an award interpretation tool that factors in ordinary hours, weekend loadings, and public holiday loadings across different levels of pay.
If your business is sales focused, managers can enter sales targets for each day and when processing payroll, managers can also enter actual sales figures. This provides a greater outlook on labour % and how efficient your business is towards labour and revenue.
Budgeting your labour costs and getting the best performance by all of your staff is a challenge faced by many businesses. RosterElf allows managers and business owners to visually see their true labour costs and track against their set budget.
