Studies conducted by industry giants IDC, Gartner, Aberdeen and others have consistently revealed that most executives do not have an effective time and attendance solution with the capabilities for; forecasting, data integration, workforce planning, job costing, and up-to-the-minute reporting. So what kind of benefits can these executives derive from implementing an effective time and attendance solution?

They include:

 Greater understanding of employee overtime, absenteeism and payroll costs.
 Uncover patterns, trends and analyze labour costs, and identify areas of potential risk.
 Improve the speed and quality of decision making gained from instant business intelligence capabilities.
 Giving employees the freedom to view their hours, request vacation and other approvals via any workstation or mobile device.
 An integrated workforce management solution that encompasses; talent management, payroll, enterprise resource planning (ERP), human resources information system (HRIS), and customer relationship management (CRM).

Companies that deploy a time and attendance solution say they have increased their net profit margins, often by 10% to 30%, while reducing payroll costs, and increasing workforce productivity. And, these same companies say that a few months after the deployment, they noticed improved employee relations—and morale. Maybe this has something to do the eradication of the time-consuming paper time-sheets.

To learn more about ATS Time and Attendance, register for one of our monthly webinars, or you can download a prerecorded demonstration from our website. And to reach us by phone call; 866.294.2467.