Benefits
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Employee Management
- If the employee is designated as a sales representative, they are required to record the number of daily prospects/opportunities for later productivity analysis
- Iridium measures the productivity of sales representatives for one location, or across all stores- allowing for the accurate calculation of sales-based commissions
- Productivity of any, or all, retail locations can be determined through sales volume numbers listed in the invoice inquire screen (linking the Productivity Tracking System with the Invoicing System)
Key Features
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Time Clock
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Punching In and Out
- All employees may accurately track their working hours
- Managers and authorized employees may add or modify existing time (for example when someone forgets to punch in or out)
- For auditing purposes, the tool automatically records when these time additions and modifications are made.
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Time Clock Inquiries
- Employees may view the total number of clocked hours through the "view totals" or "punch inquiry functionality of the tool
- Queries may be run for any given locations
- This functionality also generates a list of all employees punched in or punched out for any location on any given day
- Time reports may be generated to show the total number of hours, or total duration, each employee worked within a given pay period ( this is typically the official number sent to the payroll department)
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Punching In and Out
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Employee Communications
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Productivity Tracking
- The tool calculates productivity according to sales volumes, cost of goods, net profits, and profit margins additionally, invoice counts, item counts, average sale, and items/sales are calculated for review and analysis
- If the sales representative uses the time clock, sales per hour and prospect/ opportunities are provided along with sales conversion rates
- The tool provides a detailed list of items sold by individual sales representatives.
- Given the inventory item, a complete list of customer contact information and additional items on the sales invoice is also available
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Productivity Reports
Sales Representative reports may be generated and printed
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Location Sales Inquiry
- Sales productivity may also be broken down across sales regions and sales locations in the sales summary area of the tool
- Financial information is displayed as paid, voided, returned, and net for any given day.
- This information can also be displayed to show month-to-date activity for any one sales location
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Productivity Tracking
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Employee Communications
- The bulletin board area of the tool may be used as an avenue for employee communication
- Information such as location performance numbers, sales promotions, or product recalls may be posted in this area and accessed by any given number, or access level, of employees