In order to quantify the benefits of a time and attendance solution, you first have to know what to look for. ATS time and attendance solution can help your company cut payroll costs and, at the same time, enhanced employee productivity.
If your company is using paper punch clocks or paper time sheets, and you are interested in automating the process, here are some key benefits you can expect after implementing an ATS Time and Attendance Solution:
Reduction in the use of paper and fraud
- ATS time and attendance solution will reduce the cost associated with creating and distributing paper timesheets
- No more transferring of time sheets from employee to supervisor for review and then onto payroll and HR department for processing.
- Employees can fraudulently increase the number of hours they get paid for by having a coworker punch them when they are late or not at the work site.
Improved Data Quality
- Through the use of ATS time clocks, Employees can find out how much overtime they have accumulated during the week, review schedules and request time-off.
- Employee hours can be sent automatically to your payroll software with the click of a mouse.
- By eliminating the administrative tasks of paper time sheets you improve workforce productivity, and your employees are now free to focus on more value-added activities.
Let’s face it, how many employees complain if they get overpaid? If a small fraction, of your workforce is consistently getting over paid, it will affect your company’s revenue. And, when employees get underpaid they will complain, thus, resulting in the company having to make adjustments, and that in and of itself is costly.
Employee pay is one of the biggest controllable expenses in most organizations. As an organization, you should have accurate information about; employee attendance, vacation eligibility, the ability to schedule accurately to meet customer demands, the number of projects your company completed in the last two months, and access to real-time analytics to help you make informed decisions. Manual time sheets will not help you with those objectives and will waste time and take a bite out of your profits. In an ever increasing global and competitive business landscape, wouldn’t it be better to identify and eradicate manual time and attendance bottlenecks?
So why go with ATS? Because our time and attendance solution is easy-to-use and they deliver, up-to-the-minute and high-quality information you need to make better decisions
To explore our solutions, you can download brochures; sign up for one of live product demonstrations. You can also reach us by phone at; 1.866.294.2467.