In small business structure, time theft is a major concern among the management. The employees might be coming in late, taking long lunches or might clock out early and the management can do nothing about it. One of the best solutions to this problem is implementing an automated time and attendance systems. While many may find it expensive to implement, its cost can be covered within the first year itself and the accumulated benefit will easily outweigh the initial investment.
Here are some of the major advantages of electronic time recording systems –
• Automated system will track all the hours that a particular employee spends on the work-site and allows the managers instant access to the attendance reports.
• The mangers will easily learn what their employees were doing even when they were not present in the office. The automated clocking systems will sent them notifications about late sign-ins, absences and also any errors in time tracking of the employee.
• Time attendance sheets helps in eliminating duplicate work by letting the employees to swipe in and out and sends the data to the payroll department directly. It also helps in eliminating human error that can be costly for the businesses.
• It allows the businesses to process the payroll in less time and with fewer employees.
The paper attendance systems are complicated and can be quite time consuming for the management. Clocking systems will allow the management to gain business insights. They also allow the management to project absences over holiday weekends so that they can coordinate times for training and other events.
Here are some of the major advantages of electronic time recording systems –
• Automated system will track all the hours that a particular employee spends on the work-site and allows the managers instant access to the attendance reports.
• The mangers will easily learn what their employees were doing even when they were not present in the office. The automated clocking systems will sent them notifications about late sign-ins, absences and also any errors in time tracking of the employee.
• Time attendance sheets helps in eliminating duplicate work by letting the employees to swipe in and out and sends the data to the payroll department directly. It also helps in eliminating human error that can be costly for the businesses.
• It allows the businesses to process the payroll in less time and with fewer employees.
The paper attendance systems are complicated and can be quite time consuming for the management. Clocking systems will allow the management to gain business insights. They also allow the management to project absences over holiday weekends so that they can coordinate times for training and other events.
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