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Time & Attendace Overview

Why Time & Attendance

In the quest for increased revenues, and thus, viability, businesses often look outward, rather than inward. Adapting to modern technology has not only proven effective in handling time but also has the power to transform workplace wellness.

 
According to a survey, the State of Small Business Report presented by Wasp Barcode Technologies, 20% of small businesses will invest in tools to improve employee productivity this year. 57% of companies plan to make a major new HR software purchase in the next 18 months, as per the survey results published by SelectHub.

Workforce dynamics are constantly evolving today and there is a need for the organizations to adapt to these changes quickly. Considering the multi-cultural, multi-located workforce, nature of work, travel, work from home options, shifts, flexible time, overtime, paid time off policies, etc., managing time, cost and productivity can be overwhelming for employers.
 

According to an anonymous survey by Kessler International, an incredible 80% of workers admitted to “time theft.” Yet, even as we are witnessing a technological revolution, small business owners often neglect a critical aspect of their model: an employee monitoring system.

Benefits of using a time and attendance management system

Most organizations have already started riding the automated payroll wave. According to a survey conducted by the American Payroll Association, 65% of the organizations surveyed said they collected time and attendance using an automated system or were in the process of switching to an automated system.

 

Why should your business be anxious to exit manual/outdated attendance processes?

Accuracy Time & Attendance

1. Accuracy

Economics Time & Attendance

2. Economics

Productivity-Efficiency Time & Attendance

3. Productivity / Efficiency

Visibility-Insights Time & Attendance

4. Visibility / Insights

Hassle-Free-Workflow-Managemen

5. Workflow Management

Given these tremendous benefits, do you now want to choose a comprehensive time and attendance management system that can make processes hassle-free and provide a seamlessly integrated system for your organization?
Countless cloud HR products catering to the diverse needs of small and medium businesses are available in the market today. So, what are you waiting for?

“it’s|in|the|detail”

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