For all organizations, monitoring time and attendance are important no matter what scale or strategies are used to assess employee compensation. Having an integrated Time & Attendance management system can help businesses save money and boost operations across all industries.
The productivity of Time and Attendance software, from payroll to HR, affects several departments across an organization. A Time and Attendance software’s key goal is to help sustain an effective, efficient, and cost-effective workforce.
When companies become more complex, workplace optimization becomes more difficult. Hence, a Time and Attendance management device will enable a company to maintain consistent employee timekeeping utilizing detailed reports on attendance, absenteeism, overtime, flexibility, rostering, and holiday leaves.
With the following advantages, a Time and Attendance management system will transform your organization.
1. Reduce Errors
A biometric device for Time and Attendance eliminates human error risk and ensures a simple, unbiased, and orderly approach without any uncertainty to address specific needs.
2. Increase Security and Productivity
‘Buddy punching’, the tradition of one worker clocking in and out for another, is eliminated with biometric data collection systems. When the process is smooth, efficiency improves and makes day-to-day activities more productive and convenient.
3. Cut Costs
By putting an end to incorrect time reporting, buddy punching, tardiness, time misuse, and overpayment, introducing a Time and Attendance system with advanced features like facial recognition technology would immediately help reduce labor costs. It can take a lot of time to gather, monitor, measure, and process time manually for payroll processing. With an automated Time and Attendance solution, businesses can improve productivity and save money in the long run.
4. Reduce absenteeism
Employee absence has a major effect on every organization, and with a Time and Attendance solution, it becomes easier. Attendance requires supervision, and it is important to monitor absenteeism. The device would make it possible for a company to track rates and disclose reasons for absenteeism.
Recording absence allows the appropriate individuals to be alerted, such as line managers, colleagues, HR, and so on. The absences reported can then be totalized and can be used as a management aid. This can be achieved by highlighting workers with exceptional absenteeism levels, comparing how absenteeism differs, how it varies over time, and so on, by the department.
5. Increase Employee Satisfaction
A significant part of maintaining a productive workforce is arranging and managing time-off requests. When employee satisfaction rises, problems such as turnover can decrease dramatically. It is possible to review easily, accept, and answer absence requests with automated systems and manage planned absences to minimize their impact on your business.
A Time and Attendance management system provides workers with 100% visibility of working hours, prevents missed punching, and streamlines attendance tracking. Features used in the office premises’ attendance machine play an important role in the retention of employee information.
Consider secure machines like KENT CamAttendance, which run entirely on touchless technology, while searching for a Time and Attendance management system. This device also runs on cloud apps, among other features, and has a mask detection feature that alleviates safety concerns regarding COVID-19 in your office. They have a greater than 99 percent accuracy rate and work in a fraction of a second. Not only this, but all the employee data is also stored on the cloud in real-time; hence it lets HR process the salary and other data seamlessly. It can also be incorporated with the office’s existing HRMS system so that you do not have to invest in anything apart from the Time and Attendance management device. You can book a free demo and understand the features in detail. Hurry!