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Time and attendance systems help companies manage payroll automatically and easily. Stream lining your employee's time can save your company a lot of money and headache. Because no one is perfect and there are many people who will round up on their hours worked, many companies are just giving away money. It may seem little when looking at an individual basis, but when you add up every employee who is working their hours add up--it could mean a lot of money for your company.
Time card software packages are a great cheap and effective way to manage your company's time and attendance. These time clocks are very small and don't take up much room--they look like credit card machines you would see at a retail store. The time card's themselves are also about the size of a credit card making it easy for employees to carry in their wallet or purse.
Biometric time clocks are becoming more and more popular. The retail price tag might shock you at first because they are much higher than time card software packages, but they should pay for themselves over time. Buddy punching is when one employee punches in for a co-worker that is actually not at work. These biometric time clocks eliminate that problem because each employee uses their finger or hand to punch in. Another benefit of these time clocks is there is no extra cost of printing additional time cards for new employees or reprinting time cards for employees who lose their card.
Web-based computer log in stations are another great time and attendance option. Most use a static IP address that you specify ahead of time to monitor employees who "punch" in and out. Because each employee uses their own computer to log in, monitoring their exact time they come in is very easy and accessible.
IVR systems are great for companies who have employees who work in remote offices or in the field frequently. Employees simply have to call in using a cell phone or landline to clock in. They can submit time sheets and transfer labor hours in real time all over the phone.
No matter which time and attendance system you choose, it should help you with your company's bottom line. Saving your company money is very important especially with today's economic climate--you should stream line all expenses wherever possible. Most of these systems have very quick installation time and there are some companies that will be able to set you up same day if you go the web-based route. The hardest part is to decide how much you would like to invest and which system will work for your company the best.
Find time and attendance system companies in your area by searching our Local Vendor Directory.