This is a question many small and
medium-sized business owners ask themselves. If a business has been functioning
without a time
clock for employees, owners tend to
believe their business can continue to grow without one in the future as well. Unfortunately,
this train of thought fails to recognize the incredible difference between an
average organization and an efficient organization. If you want your business
to be efficient, you should consider an automated time clock.
Automated workforce management solutions
bring an unmatched element of productivity and accountability that is simply
impossible to attain with paper time sheets or mechanical Bundy clocks. Automated
workforce management systems are run by cloud-based, online attendance
software that streamlines your payroll operations, making your
business more profitable.
If your company uses paper time sheets
or mechanical time clocks to manage employee time, you could be a prime target
for time theft, absenteeism and other workplace malpractices. Some automated
time and attendance systems can identify your employees with unique biological
features ensuring there is no possibility of time theft whatsoever. This alone
is a great case for automation.
The
Question of Investment
Now, onto the question of whether or not
it’s worth the investment. The answer is a resounding YES! An automated time clock for employees often saves enough revenue
within the first month of its implementation to recover its total cost. This is
accomplished in two steps. First, your business is able to save money by
eliminating unauthorized overtime, tardiness, buddy punching and other forms of
time theft. Second, the cloud-based software eliminates human error while tracking
and processing time and attendance data transforming your payroll operations. You will only pay for hours worked.
A third, less noticeable yet tangible
benefit, is that your business will become more streamlined and efficient. Your
employees will be more productive because they know they are accountable for
their actions and hours. Furthermore, the introduction of automation helps in
saving your valuable time that was previously required to manually manage employee
attendance and process payroll.
