We like to think of the private sector as a dynamic place, looking for efficiencies to boost profits. But that’s not always how it works in the real world. More often than not businesses waste time, because company bosses and their employees are lazy, careless, or incompetent, and it leads to a lot of time-wasting.  Here are some of the biggest culprits:  Not Tracking Expenses In Real-Time Tracking expenses is an essential part of running a business. You need to know precisely how much cash you’re burning so you can calculate your end-of-year tax bill. Most companies diligently collect receipts as they go along, but some decide to leave it to the last minute. At that point, they have a stack of receipts, none of which have been processed. It’s a massive ordeal going through every item, line by line.  Failing To Automate HR With the modern tools available to firms today, payroll accounting shouldn’t be complicated. A combination of software and outsourcing can make even the most complicated payroll structures easy to administer. Most companies, though, still insist on doing things by hand in-house, and it’s holding them back.  Arranging Unproductive Meetings When you run a private enterprise, you…