5 Reasons To Use Automated Time And Attendance System

The biggest expenditure for any business operation is the management of resources; and human resources being the largest resource that any enterprise can have, an accurate and reliable time and attendance system becomes a necessity. Several types of time and attendance systems are available, including manual and automated. Although manual time and attendance systems are bit inexpensive compared to automated systems, it’s always advisable to go for the latter. Read on to find out why.

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1. Reliable

A manual timekeeping system requires employees to report their worked hours at the end of the day, increasing the chances of inaccurate time tracking. Also, there are other problems related to manual system such as illegible handwriting that makes the determination of the actual hours worked difficult, and ethics problem that arises when employees record incorrect hours to hide their inefficiency.

Automated timekeeping systems, on the other hand, collect the necessary data electronically by requiring employees to punch in and out over a secure web server. As the data is collected in real time, the supervisors can also be alerted about early or late punches as they happen, helping them in efficient management of human resources.

2. Increased productivity 

In manual timekeeping process, the task of collecting time cards and re-entry of data into a payroll solution is tedious and laborious. In fact, it’s time consuming enough to take more than five hours of productive hours at the end of each pay period. With automated timekeeping system, these hours can be converted into productive hours. As the collected data is in electronic format, the transfer of data into payroll solution for payroll processing takes seconds.

3. Savings

An automated time and attendance system will help you save on your operational costs significantly by reducing human-generated payroll errors, eliminating time theft and overtime costs, and by increasing productive hours. Through an automated system, indirect cost savings related to workforce management can be achieved as detailed information about the time spent on various tasks will allow you to appropriately and proportionately allocate labor across your workforce.

With accurate timekeeping information at fingertips, it becomes easy to comply with various labor regulations. The compliance rules and regulations vary from state to state throughout the U.S.A. With the consistency in the timekeeping and the ability to quickly pull reports, the chances of being out of compliance becomes slim and very distant. This saves on penalty costs that you might have otherwise incurred due to noncompliance.

4. Streamlining operations

In manual process, human resource management needs to keep huge amount of paper-based employment and timesheet data for each employees. Also, massive amount of time is required to maintain these records. And the chances of inaccuracies and inefficiency in the process remains a distinct possibility. All these issues can be resolved with an automated timekeeping system’s employee self-service functionality, which can be found in most of the models.

5. Better company culture

When employees are aware of their performance, it empowers them to improve their performance – leading to positive impact on the company’s culture. As the engaged employees are enthusiastic, creative and optimistic, the company as a whole performs better.

The additional benefit of having a highly-valued company culture is the successful hiring and retaining of the best talent in the industry.

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Simplify Employee Tracking Activity With Time Clock!

As every company needs to keep track of its employees’ activities, time clocks are used by the businesses since years. There are various benefits of implementing a time clock system.

Benefits of using time clock systems:

  • Allows for precise tracking of hours: The system removes the potential ambiguities in attendance record, and thereby eliminates the chances of frauds. Moreover, as the system is automated, the chances of human error are null.
  • Easy measurement of productive hours: This system will help track the actual productivity of each and every employee. So any employee taking extra responsibility, staying late and or letting go of his/her lunch hour is highly visible to the management.
  • Easier payroll processing: As the time clock records all the information and transmits it to a central file, it removes the chances of transcription errors and delays. This also reduces the workload for payroll staff.
  • Easy enforcement of company policy: Any time clock can be programmed according to the profile of each and every employee. This flexibility of customization leads to better management.
  • Simplifies employees’ life: If your employees have to travel a lot, then sophisticated time clock system is a must for easy payroll.
  • Simpler multi-location record-keeping: If you have multiple office location, a good centrally-programmed time clock system will save lot of your time that would otherwise be used for transferring records. This kind of system will make sense for the employees from all the locations too.

Although time clock systems are beneficial, you cannot simply grab any of the systems available in the market. You have to select the one according to your need. Keeping in mind various types of businesses and their requirements, you will be able to find several types of time clocks.

Various types of time clock systems

  • Punch card locks: This time clock system is based on cards. The employees either have to stamp or punch a card with the time. Please note that the card-based time clocks can either be mechanical or electronic. Although both the time clocks use electricity, mechanical time clocks also use a mechanical wheel to track and stamp or punch the time. The drawback of using punch card system is they are quite expensive and can be easily misused as employees can punch each other’s cards.
  • Badges and pins: This type of time clock system uses badges with bar codes or magnetic strips, or a pin number that’s keyed into a pad. These badges identify the employees individually to the time clock, sending the information about the employees to the payroll system. This system is still prone of frauds as employees can share badges and pin numbers.
  • Biometric time clocks: This system uses fingerprints, facial scans, or iris scans to identify individual employees. Biometric clocks are supposed to eliminate fraud; however, they are prone to error and can be quite expensive. Please note that this time clock system is useful where controlling the access is important like high-security area.
  • Web- and phone-based systems: This system doesn’t have any actual time clock. The employees are supposed to use any computer or any phone to connect to the system and clock in and out. This is quite handy when the employees have to travel a lot to clients’ remote locations.

So study your requirements, the time clock system’s features and then make an informed buying decision.

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