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Why Implement a Time and Attendance System? Lower Payroll Costs, That’s Why

September 8th, 2015 | Posted by Apex Time Solutions in Cloud Based Time Management Solution | Employee Self Service | ERP | Forecasting | Time and Attendance Blog, Workforce Management Software - (Comments Off on Why Implement a Time and Attendance System? Lower Payroll Costs, That’s Why)

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.

Why Implement a Time and Attendance System? Lower Payroll Costs, That's Why

Ah yes, the 80s were all about John Hughes movies, big cell phones, white computer monitors, ripped jeans and the list goes on. Some have argued it was the one of the best eras ever and times were much simpler. And, while this may be true for some things using that old white computer with dos-based software will not cut it in today’s digital era.

For those companies still struggling to grasp the concept of the cloud or why it has such staying power here is a synopsis of a report from a research giant Forrester that reads in part; “Public cloud services continue to drive big changes in the markets for software, hardware, and IT outsourcing, while providing a foundation for age of the customer innovations. How much and when will cloud transform these markets? In this research, we project that the public cloud market will reach $191 billion by 2020, from 2013’s total of $58 billion.”

Still Stuck In The 80s? Well, It's Time To Move To The Cloud

If your company is using a time and attendance solution that is no longer meeting your needs, or worst, is part of the 80s type of technology, here are three reasons to switch to ATS cloud-based solution:

Ease-of-Use, Flexibility and Mobility
One of the largest benefits of moving employee time and attendance in the cloud is the ability to access real-time information from any tablet, PC or mobile device, anywhere, at any time. The adoption of ATS cloud-based time and attendance solution empowers CEOs, CFOs, Payroll and HR managers, by giving them more flexibility to access on-the-spot information.

Rapid Deployment
Who has time to spend on a 12 month software deployment? Unless your company has multiple locations, several collective bargaining agreements, multiple work and payroll rules, and perhaps in excess of 1000 employees spread across various jurisdictions- there is really no reason for long implementation, reminiscent of 15 years ago. And, in this era of cloud computing, it is easy to deploy an ATS cloud-based time and attendance seamlessly and efficiently. ATS cloud-based time and attendance solutions are designed to integrate with every payroll, HR, ERP, Recruitment and CRM application.

Lower Cost and Better Collaboration
At the outset the most obvious benefit in adopting an ATS cloud-based time and attendance is that it will provide business with significant savings. For example, your company no longer has to be concerned with purchasing a server on which to house software, or the use of your IT resources to manage the data. Managers can access the application, using any browser, from any workstation, or mobile device to view attendance, extrapolate data and review and respond to employee time-off requests.

So, is your company thinking about moving to a cloud based time and attendance? If so, it’s not too late. And, if you are a fan of some or everything 80s, you can listen to Def Leppard or AC/DC on your favorite device, while at the same time, access up-to-the minute business analytics on employee attendance.

To learn more about ATS time and attendance you can download a demo. You can also register for one of our monthly webinars, and to speak to an account executive, call us at 1.866.294.2467.

Still Stuck In The 80s? Well, It's Time To Move To The Cloud

ATS TimeWork Helps The Energy Industry Control Processes And Reduce Payroll Costs

April 21st, 2015 | Posted by Apex Time Solutions in Benefit Accruals | Employee Scheduling | ERP | Hosted Time and Attendance Software | Leave Management - (Comments Off on ATS TimeWork Helps The Energy Industry Control Processes And Reduce Payroll Costs)

The energy industry is going through a transformative period, and is facing increasing complexity and greater demands, which is forcing companies to operate in remote and, at times, hostile environments. And if that was not bad enough, the high cost and difficulty of extracting energy is steadily increasing. While trying to overcome all these barriers, the energy industry also has to provide return on investment to its shareholders. So how do you streamline costs and remain competitive?

ATS leading-edge cloud-based time and attendance solution can help oil and gas companies optimize workforce productivity for maximum return on investment.  By leveraging our intuitive workforce management solution, companies can streamline payroll cost and mitigate financial risk, improve attendance and provide a rapid return on investment to shareholders.

ATS TimeWork For The Energy Industry is an award-winning solution that delivers real-time reporting analytic activities that helps to govern and automate the entire process from employee punch to pay. The pay rules library and flexibility allows for 100% automation of rules without costly changes to core code. Hours and wage rule compliance is consistent and automated with alerts when a threshold for violation is approached – providing proactive reconciliation. The solution goes beyond a traditional time and attendance system to provide job costing, accrual benefits, overtime equalization and data integration with; payroll, enterprise resource planning (ERP), human resources management system (HRMS), customer relationship management (CRM), supply chain management (SCM), and more.

Managing a workforce is no easy feat. Today’s growing energy companies require a comprehensive, integrated suite of time and attendance tools. With ATS Time and Attendance, you will be introduce a wide range of the industry’s most compelling cloud-based technology that Now you can proactively help control labour costs, by optimizing your most important resources to drive expansion and profitability throughout your energy related business.

To learn more, join our Time and Attendance LinkedIn group or view a demonstration from our website. ATS has monthly webinars for our user groups and potential customers.

ATS TimeWork Helps the Energy Industry Control Processes and Reduce Payroll Costs