There is no question that having the right time and attendance software and hardware and using it to its full advantage- can put your company on the path to eliminating inefficiencies while improving business productivity. It’s not an understatement to say that some companies underutilize their time and attendance solution and balk at the time it takes to achieve ROI.
Do you have a time and attendance solution in place and if so, are you getting the most out of it? If not, here are some ways to ensure you achieve that rapid ROI that you hoped for when you made your selection.
Vendor Selection-some companies get seduced by vendors who boast about being in business for 100 plus years. And, that’s fine, but make sure there is more substance to the solution offering other than being around a long time. The number of years in business does not always translate to getting the solution that meets your requirements. And, if things should falter-you want to make sure the vendor is not going to vanish but rather, help you navigate through difficult stretches of the implementation. If you shortlisted your vendor of choice, request from them a list of companies who is currently using the system you are about to deploy. And, while it’s tempting to ask for a list of companies that’s only in your industry, that’s playing it safe. playing it safe. While there is nothing wrong in asking for references of companies within your industry, you want to make sure the vendor has a breadth of experience in a variety of industries. In the final analysis, what should consume you during the process is, whether the vendor, you select truly understands your company’s business requirements.
Value VS Price Conundrum-Some companies are so enraptured by the price that nothing else matters until the system in installed. And often times, you do get what you pay for. If you are going to install a time and attendance solution in the hope of it being in place for several years, the lowest price will not cut it. Again, focus on your business requirements-because if a vendor understands your needs, then you should keep an open mind to spending in a little bit more to get what you want. You will achieve two things with that approach; one you will get a company that will implement the type of solution you want and second, your business will achieve operational excellence through the use of a robust business management solution.
Research Using The Right People-At the core of a time and attendance solution are; work and pay policies, employee time capture, employee scheduling, job costing, vacation and other personal time-off requests to name a few. And who knows your company’s pay policies inside out? Payroll and HR administrators! It is amazing how many companies have an IT person heading the search for a time and attendance solution with little or no input from the very people who will be using the system on a daily basis. IT can play an important role in your search but, if the people, who knows your company’s business requirements is not involved in your search, you are already headed down the wrong path.
In conclusion, if your company embraces the concept of the time and attendance solution that you deployed, and is using it in the manner it intended, you will be begin to see the savings. To obtain the white paper on “How To leverage Your Time and Attendance Solution To Improve Efficiency” in its entirety go to our website.
To reach us by phone to discuss your time and attendance business requirements, call 1.866.294.2467.