If your business is an advocate of spreadsheets for tracking employee time, allocating vacation and statutory holidays, it might be time for you to take a hard look at how this time tracking methodology may be making things more difficult than they need to be. The manual calculation of employee hours and data entry into your payroll, HR or ERP system can cause undue headaches for the even most seasoned Payroll, or HR manager. The end result could lead to, inaccurate pay and missed overtime on employee’s paycheques–or to put it mildly a disaster waiting to happen.
Here’s a break down of some the benefits of what an ATS Time and Attendance Solution can deliver, thus, eradicating payroll day submission headaches:
Capturing Employee Data In Real-Time
Imagine how easy and simple it would be if you could capture employee hours as soon as they punched in out? HR and payroll departments would be doing back flips with joy, because that would mean they now have quicker access to data to make quick decisions and complete tasks. By integrating all data sources into one central source of record with the help of a Business Management Solution, employees can find everything they need, whenever and wherever they need it.
Spreadsheets Inhibits Productivity
Spreadsheets are time-consuming and deprives your company of productivity gains. Various studies report that nearly 9 out of 10 spreadsheets, a whopping (88%) contain errors. A majority of these errors were from human error and could have been avoided. An ATS Time and Attendance solution removes manual time collection of out the equation, and in doing so, reducing errors and streamline your workflow and increases productivity.
On-The-Spot Information That Will Help Your Business Grow
By and large, having access to intuitive business intelligence is the dream of every organization. ATS Time and Attendance embedded business intelligence tools will help you to perform efficiently and make based on the on-spot-information. With ATS Time and Attendance your organization can manage future contingencies and be ready when business condition changes.
As financial consolidation of businesses becomes more prevalent and complex, automating employee time becomes even more important. ATS scaleable Time and Attendance Solution will dramatically improve your decision-making capabilities and support your business growth by helping you to automate, collaborate and analyze all employee data, across multiple locations, countries and the enterprise at large.
To learn more, visit our website and download a demonstration of ATS Time and Attendance Solution. And to reach an account executive by phone, call: 866.294.2467.
