Increasing information accuracy and reliability are two reasons why a timekeeping system is installed into any company or business. An organization’s employees are usually its largest expense. Inaccurate timekeeping can lead to costly regulatory compliance issues, among other things.
Top benefits of a time and attendance systems:
High level of Accuracy
Bottom-Line savings
Increased Productivity
Stronger Company Culture
Less work for the HR Dept.
Regulatory Compliance
Affordable Care Act Compliance
Top features of time and attendance systems:
Employee-Self Service – employees are able to request time off, check PTO balances & review time cards
Mobile app for on-the-go employees and employers
Employers can approve time and employee time-off requests
There are many benefits of a time and attendance system. Being able to manage your workforce and process data accurately and more efficiently begins with reliable data. Timekeeping will also help you reduce overtime and control labor costs. A time and attendance system will be a return on investment and have a positive effect on business results.