Using time clocks and attendance softwares makes it easier to check the time employees spend working. According to Aberdeen Group’s 2010 report The Future of Core HR, only 50% of organizations use time and attendance software systems. For some reason, the adoption of attendance software is at odds with similarly positioned HR systems.
Companies that are not using this type of software may be wonder why is it so important. James Holincheck from Gartner says “Historically, time and attendance software was [simply] focused on the time clock and using that to pay people”. Since new software moved beyond just timekeeping, attendance technology nowadays is focused on providing management data through reports, matching the staffing resources supply and demand, expense approval automating time. Here are 5 major advantages of using a time clock and attendance software;
It Boosts Productivity
Collecting time cards and entering the data into a payroll system can be time consuming and tiresome. It can take can take several hours which could be spent in a more effective way. Free time clock and attendance software eliminate the need of wasting time in this way as it considerably reduces the amount of time needed to process your payroll.
Using free time clock and attendance software makes sure that everything is in one place so you can send the data to your payroll solution with no need to re-enter the data manually. This provides you accurate processing and it takes around 20 minutes per pay period. In turn, reducing the time spent on entering the data and increasing the data accuracy will increase productivity.
It Increases Accuracy
Traditional timekeeping needs employees’ reports on their hours worked (per pay period). Manual timekeeping can generate incorrect time tracking which can cause numerous issues including fraud and difficulties to read employee’s handwriting. Use of automated attendance software can decrease opportunities to commit fraud and number of inaccuracies related to entered data. Also, the data accuracy increases employees’ and employer’s trust and provide accurate data they base their decisions on.
It Improves Employee Satisfaction
Employees will be pleased with free time clock and attendance software because they know the attendance will be accurately recorded (as human error is eliminated) and they will receive their pay accordingly. Besides, employees get access to their data via employee self-service portal and they do not need to go to HR department when they need the data. Employees like transparency and they will be content to be free to access the data whenever they like, which can make them more motivated and productive.
Using employee scheduling software and free time clock makes it easy to manage schedules, assign hours to various tasks, follow shift swaps and add clients to tasks. Besides, you can more easily determine workloads, budgets and resources.see info from https://en.wikipedia.org/wiki/Time-tracking_software
Time Tracking is Simple
Nowadays companies employ workers who work from home or other remote location. Using a time clock and attendance software makes it easy to track time regardless of the employees’ location.