8 Best Business Management Software in Canada

manager working on a computer
Stories
Morgane Lança
May 22 2024

Today’s businesses can no longer do without modern solutions to ensure sustainability and productivity. In addition to simplifying all internal processes related to operational efficiency and resource management, these business management software solutions also provide visibility into your organizational and financial performance. Without further ado, here’s a list of the best business management tools you should use in your organization.

1. Folks HR: Powerful, Flexible HR Software for SMBs

HR software (often called HRIS for Human Resources Information System) covers all your human resources management processes to automate repetitive administrative tasks, optimize your practices and improve employee experience throughout the business.

Folks HR is an employee management software designed for Canadian SMBs, offering a powerful, flexible range of features and HR dashboards. Here are some of its key features:

Employee Onboarding

In addition to offering options for customizing onboarding programs by role type and position, Folks HR lets you set deadlines and assign tasks to specific people. All reminders are automated to provide the best onboarding experience to your recruits. Did you know automated onboarding increases new employee retention rates by 16%?

Employee Performance Management

If you want to simplify and standardize your performance management processes while customizing your assessment methods to suit your organizational reality, Folks HR’s performance management platform is made for you. With this tool, you’ll be able to track performance and individual objectives in real-time while adding feedback and new goals to attain directly on the platform.

Absences, Vacations and Timesheets

Employee self-service enables your teams to make PTO or absence requests in just a few clicks and receive validation from their managers as quickly as possible. Moreover, everyone has access to their PTO bank and calendar, thus managing their vacation schedules more effectively, even on the mobile app.

2. Paystub Hero: for Easy Payroll Management

Good talent management also involves payroll management, which needs to be simplified and aligned with employees’ new expectations.

Paystub Hero is a payroll management solution that helps you streamline payroll processes and gain time daily.

Customized Employee Pay Stubs

Easily manage your pay stubs with Paystub Hero and customize your payroll according to your specific needs while upholding employment laws. You will provide transparent pay and simplified payroll document management to your workforce.

Affordable Pricing

Paystub Hero offers affordable pricing based on your needs and reality. Companies of all sizes and industries can choose from a variety of plans, and they can get accurate pay stubs and exceptional customer support.

3. Acomba: Canadian Accounting Software for SMBs

Good accounting management is one of the pillars of a productive organization, and many solutions simplify the associated processes to save you time daily.

Acomba offers Canadian-based accounting software and comprehensive management solutions for small businesses.

Features Adapting to Evolving Needs

Acomba offers a modular business tool, which means you can remove or get additional features as your organizational needs evolve. Moreover, they offer many integration options to build an all-in-one solution.

Unlimited Updates and Support

With Acomba, your accounting information is updated over time for optimized document management and better strategic visibility, and you benefit from unlimited support and resources.

4. Wave: Invoicing Software for Small Businesses

Good invoicing management is essential for all organizations wishing to ensure their long-term success and efficiently monitor their monthly profits.

Wave is Canadian invoicing software tailored to the needs of small and medium-sized businesses.

Receipts, Purchase Orders and Compliance

Wave lets you keep track of purchase orders and receipts to bill your customers efficiently and ensure that all your financial management is tax-compliant. Avoid headaches by opting for an easy-to-use invoicing tool!

Free Version Available

Wave offers a free basic version, which is helpful for companies still waiting to invest in recurring costs. It’s also a good way of testing the essential tools provided free of charge so that you can implement the complete solution in the future.

5. Seigma: Cloud ERP Software for SMBs

ERP software aims to ensure efficient inventory management and helps gain visibility of your business process and overall organizational health.

Seigma is a monitoring and management tool that guides your decision-making.

Multi-lingual & Multi-company Solution

If you have multiple franchises and divisions spread across different regions, Seigma adapts to your organizational structure to ensure efficient and productive operations management across the entire company.

Excel-style Search and Data Extraction

Seigma lets you quickly find crucial strategic information with an Excel-like search and extract data when needed.

6. Centrix One: All-in-one CRM Software

A good CRM tool enables effective customer relationship management and improves sales tracking and productivity.

Centrix One is an all-in-one CRM software package that systematizes your daily sales processes for greater efficiency and strategic visibility.

Centralized Communications and Opportunities

Find your data and history in just a few clicks on a secure database hosted in Canada. You’ll be able to manage your sales pipeline and gain productivity.

Customized Emails and Communications

With Centrix One, you can schedule email templates for your customers and prospects and personalize them according to your target audience. This solution simplifies communication management and email marketing.

7. Asana: Intuitive Project Management Software

A project management tool gives you an overview of your collaborators’ work and makes it easy to track the progress of your team’s tasks.
Asana offers intuitive project management features to help you plan your everyday tasks and adapt to the needs of your remote teams.

Team Workspaces

Asana lets you create workspaces divided by team and department to focus on relevant projects. You can also define sub-categories to refine your task distribution and classification. This way, your collaborators won’t lose track of their progress and the projects they need to complete, and they can access each detailed task and deadline with just a few clicks.

Simplified and intuitive Task Management

Asana offers an intuitive interface that all your colleagues will easily use. Time tracking for each task, deadlines, task descriptions, and prioritization are visible at a glance, and everyone can assign tasks to team members or create their own projects.

Aligning Individual and Organizational Goals

Asana also offers a feature that lets you see how each project contributes to organizational and team goals. It allows you to monitor your productivity and the impact of your work on corporate strategy. Asana also offers a free 30-day trial for this feature, enabling you to make an informed decision.

8. Slack: User-friendly Communication Platform

Online communication between colleagues is essential, especially for remote working teams. If you’re looking for a communication tool that your coworkers will instantly adopt, Slack is the best solution for you.

Customizable Status and Access

Slack lets you customize your status to inform colleagues when you’re on break, in a meeting, on vacation or in concentration mode. Access to each channel is also customizable to create team conversations or more confidential discussions if needed.

Video Meetings

If you need to schedule a team meeting or a quick informal chat with a colleague, Slack is the tool for you. There’s no need to multiply chat and video meeting platforms: all your team communications can be centralized on a single tool, and you’ll never miss an important message again.

How to Choose the Right Management Software for Your Business

Your decision must be well thought-out and follow a pre-established action plan. First, you need to know your company’s strategic priorities and determine how each solution can help you achieve your business goals. Specific selection criteria are also essential to making the right choice. Here are the aspects you need to consider during your selection process:

Features Included

First, you need to consider the variety, flexibility and power of the features included in the solution and their relevance to your specific needs. Don’t hesitate to ask for details on each module during your demos and meetings with the supplier. Some features also consider your industry and organizational reality, which can make all the difference to the day-to-day running of your business and operations.

Customer Support

Whatever solution you choose, it’s essential to have access to an efficient support service available in your language. Some suppliers offer little in the way of day-to-day support, which can be detrimental to the smooth running of your business. Make sure to assess the quality of the contact you can establish with the customer support team before making your final choice.

Integration Options

You probably already have management solutions and don’t necessarily want to implement numerous new platforms. That’s why integration options are essential to your decision-making process. For example, HR software integrated with a payroll solution you already use could be a wise choice for your company, as you will benefit from centralized information, no multiple data entry, and the ability to use a single platform to manage two essential aspects of your organizational management.

Information Security

Remote work and the increasing digitization of work processes make information security more crucial than ever for all organizations. When looking for management tools for your business, pay close attention to security issues and the means to provide a secure and confidential platform. The software you choose must comply with the laws in force in your country and be able to give you concrete answers and solutions to ensure information security.

Cost vs. Budget

Before making your choice, make sure that the pricing ranges proposed by the supplier fit within your predefined budget. Small and medium-sized businesses are not always in a position to invest in all the management solutions we previously mentioned. So be prepared to prioritize the tools most important to your work management and those most effectively supporting achieving your strategic objectives.

Using this list of software solutions and selection criteria, you’ll be ready to request free demos for each platform that best matches your organization’s reality and needs. Some platforms even offer a free trial period. Take advantage of these demos and trials to make the best decision and implement management software tools to help your business grow.

Click here to discover a list of best HR software solutions for SMBs!

Simplify and optimize all your HR processes with comprehensive, flexible software:

Implement Folks HR for effective and engaging talent management!

REQUEST YOUR FREE DEMO

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