The software proves helpful in saving a lot of your money. Apart from this, the system is also helpful in eliminating the practice of reporting inaccurate time for employees. Some other related benefits are eliminating chances of buddy punching, over payment, time abuse and absenteeism.
A few of the major benefits of automating the time attendance system
1. A few of the major benefits of automating the time attendance system
In the present time, most organizations are getting automated in maintaining attendance and
payroll for their employees. This process proves helpful in saving a lot of time and money. Over
70 percent of organizations around the globe are making use of the automated system by
managing advanced time and attendance software. There a numerous benefits these
organizations get by switching to an automated system for their organizations and employees.
Some such benefits are mentioned here below in this article.
Cost saving
This certainly is one of the main advantages of sing latest system for time and attendance
management. The software proves helpful in saving a lot of your money. Apart from this, the
system is also helpful in eliminating the practice of reporting inaccurate time for employees.
Some other related benefits are eliminating chances of buddy punching, over payment, time
abuse and absenteeism.
2. Organizations that make use of these automated systems save a big amount of money every
year.
Improved accuracy and error reduction
This is another reason why number of organizations are shifting towards using these systems.
The new systems that have been developed recently ensure that time records maintained
cannot be tampered by any buddy employee. This further helps in eliminating the cost errors
that usually does arise the moment data is handled by humans manually in attendance
registers.
Excess time
The moment you have to process attendance sheets manually it becomes more time
consuming for any organization. You may have to spend time in creating attendance sheets and
entering all data for employees. You also have to do a lot of paperwork if you need to authorize
leaves for employees. This further extends the time you have to spend in processing payrolls
every month.
When using time and attendance software you save a lot of time in these activities as
everything is performed with a simple click. You may not have to hire extra employees to work
in administration. You can also design the software to track all employees attendance weekly or
hourly basis. The software will perform the complete task for you. It all becomes easy as you
may only have to import data from your drive.
Legal compliance and company policy
In case you have to file for any claims against time and attendance in the court of law it may be
a lengthy process to retrieve past records. If the records are inaccurate then you may also loose
a big amount of money as claims. The process of explaining claims becomes much easy if you
are making use of the automated system. The software will highlight every data that does not
match the schedule of the employee.
Apart from this using time and attendance software also proves helpful in organizing work
schedules for new employees. So if you are looking forward for implementing this system in
your organization you can check out its benefits at https://genexod.com/payclock/.
Source: https://goo.gl/YPAq3U
Genexod Technology LLC, Chagrin Falls, Ohio 44022- USA
330-474-6155
801-697-6557
contactus@genexod.com