Businesses Need More than Just Time and Attendance Tracking

Today’s businesses depend on time and attendance systems to do much more than simply track how many hours their employees have worked each day. Today’s employers need an advanced system that can help streamline their payroll process, reduce overtime costs, eliminate time theft and allow managers to easily schedule, monitor and manage employee work hours and more.

A good time and attendance system gives businesses a virtual window into their workplace environment. They produce meaningful reports that include everything from employee work hours and breaks to audit trails with entries, corrections and approvals. Time tracking systems like uAttend make life that much easier for business owners and managers. They also provide key advantages when it comes to finances and productivity.

Let’s take a look at some of the main benefits of today’s time and attendance systems.

1. Automation = Improved Workforce Productivity
Efficient businesses know how to do more with less, plain and simple. One of the easiest ways to accomplish this is to leverage automation. Automated systems can replace tedious and mundane administrative tasks that are inefficient and strain resources. Time and attendance tracking is a prime example. Automated time and attendance systems save hours of valuable time for HR and payroll departments. They no longer have to manually calculate, tally and process employee work hours for things like payroll or performance reviews and have instant, real-time access to work hour data such as missed punches and vacation requests. Through automation, they can do more work in less time and apply their new-found ‘free’ time toward productive tasks.

2. Minimize Compliance Risk
Businesses that use time and attendance systems also benefit from ensuring they are complying with labor laws and regulations such as the Fair Labor Standards Act or the Family Medical Leave Act. Compliance is yet another area that can be costly and time consuming. Accuracy is vital. Automated time tracking eliminates the element of human error and helps businesses safely and easily comply with policies. In addition, these solutions allow access to detailed audit trails should a complaint ever need to be addressed.

3. Lower Payroll Costs
One of the biggest benefits a cloud-based time and attendance system offers a business is reduced payroll costs. With automation comes accuracy and with accuracy comes savings. Manual processes often leave businesses vulnerable to hidden costs like payroll and overtime errors, as well as scheduling inefficiencies. By implementing an employee management system like uAttend, businesses can save anywhere from 1 to 8% on payroll costs. ROI is real.

4. Financial Outlook Window
Automated time and attendance systems open up a whole new window for businesses to peer into how their company is running. Owners and managers gain valuable insight on job costing, performance metrics, project expenses, labor costs and much more. Knowing when and where money is being spent, or possibly even lost, is critical to a successful and financial-sounds business, which is why cloud-based time tracking systems like uAttend are so important.

5. Eliminate Time Theft
Using a time and attendance tracking system that makes sure employees are getting paid on time and properly can save thousands of dollars a year in time theft. Time theft includes practices like buddy punching, rounding up hours or lying about hours on a time sheet. Studies have shown that buddy punching alone can cost up to 7% of a company’s gross annual payroll. Add in things like extended breaks or personal calls and it’s easy to see how time can be ‘stolen’. Time and attendance tracking systems are known for their roles in minimizing and often altogether eliminating time theft.

As always, these are just a few of the many benefits automated, cloud-connected time and attendance systems bring to today’s workplace. To learn more about the advantages of these solutions or for more specific details on the uAttend Employee Management System, the nation’s fastest growing cloud-connected time and attendance tracking solution, visit our website at www.uAttend.com or call 800-518-8925.

Advantages of uAttend Time Clock Software

If you are in charge of running a business, the last thing you want to worry about is constantly checking in on and keeping track of your employees’ time and attendance. The perfect solution to this all-too-common problem is to implement a uAttend Employee Management System. uAttend’s time clock software effectively helps businesses of all types and sizes cut down on costs, improve employee productivity and accurately record work hours for payroll. Below, we discuss three key benefits that these solutions offer.

Improve Level of Accuracy
Trying to keep track of your employees’ actual work hours using traditional time tracking methods such as a punch clock or paper timesheet is inefficient and often inaccurate. In fact, the many loopholes and limitations associated with these methods end up costing your company a good deal of money in the long run. On the other hand, studies have shown that many businesses see savings of as much as three to five percent on payroll expenses after the successful implementation of payroll time clock software.

Save Time
When you implement a system that is able to automatically track, record and store employee work hours and then automatically export these records into your current payroll system, you instantly save valuable time. No more manually verifying and calculating work hours. No more manually entering employee work hour data into your payroll system, and no more worrying about whether or not employees are being paid accurately. Imagine what you can do with all the free time you’ll now have.

Mobility
There is no question that the old-fashioned Bundy time clock that employees punch in and out of each day are in the past. Today’s time clock software does so much more than just record time. These solutions allow employees to punch in and out through a variety of flexible methods including a web browser, cell phone, laptop, Smartphone, mobile application and/or an actual physical time clock or even desktop computer. Employees can literally punch in and out on the go and employers can monitor and manage work hours from anywhere with an Internet-connected device.

No matter what type of business you have, from service-based options where employees are constantly on the move or a business that is spread out over a number of different locations, the benefits of time clock software can be significant for your business. You will be able to focus less on processing payroll and managing your workforce’s attendance and spend more time focused on running your business.

As you can see, there are some major reasons why businesses across the globe are adopting technology like a uAttend time clock system. Not only does it save money, but it also helps companies run more efficiently and be more productive.

What Every Business Owner Should Know About Employee Time and Attendance Tracking