In the world we are living, there is barely any aspect of our lives where technology is not leaving an impact. In any business organization, the workforce time and attendance system are becoming an integral part of tracking an employee’s productivity and making the payroll system automated. The comprehensive solution provides:
- Real-time visibility in the workforce with electronic employee time tracking for all locations in the cloud-based and single platform.
- Simplified compliance with the local, state and country labor laws around the globe.
- Improved accuracy and reduced payroll errors by applying attendance tracking, pay, and other labor policies in the real time.
- Total transparency by giving the employees direct access to their timesheet. It provides the ability to request time off with unmatched ease.
Here are some advantages associated with workforce time and attendance systems:
Significant Time Saving
The software significantly saves the quality time of both the employees and the Human Resource team in monitoring, tracking and processing the productivity time for every employee on daily, weekly and monthly basis. Previous statistics have shown that up to 70 percent of time spent in calculating the payroll is saved leading to an enhanced productivity and better utilization of any employee’s time in an organization.
Significant Cost Saving
The automated system puts an end to all absenteeism tracking, accurate time reporting, time abuse, buddy punching, overpayment to employees, tardiness and wrong time reporting. Thus a lot of frivolous and fake expenditure is saved for the company. Again the requirement of employees to manually track the worker's productivity is reduced which again contributes to cost saving.
Improved accuracy by reducing errors
The automatic software provides you with access to airtight time records, thereby almost eliminating the inevitable and often costly mistakes that can arise out of manual tracking of data.
Enforcement of the Business Policies and Legal Compliance
Manual workforce time and attendance errors go unnoticed or are caught when it's late. This not only links to exorbitant extra cost to the company but also a violation of the company's laws which can lead to expensive legal defense fines and costs. These time management software send the correct signals to the administration at every occurrence of the clocking not matching the planned schedule or and conflict detected with the company policy.
Easier management of flexible working deals
In the present global business environment, employees are often required to work in varied locations be it home, office, the remote location or even the road. The time tracking software makes it possible for the company to easily track the employee's work hours using various clocking options like swiping technologies, smartphones, biometric terminals, desktop readers and Internet and networks.
Ease of report creation
The software facilitates spontaneous generation of accurate reports on time worked, absenteeism, schedules and all such related reports and even inventory details.
Finally, by installing the workforce time and attendance systems, it is easy to keep track of the exact number of hours that people are working and the days they are off. With the software, you can feel a sigh of relief. It is quite easy to install and utilize.
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