The biggest benefit of any type of workforce management systems is that they allow your organisation to automate all or most of its payroll and timekeeping functions. This is huge because payroll and time and attendance management can eat up thousands of work hours per year for even the smallest business.
When you use time management software, you can see how much time is being spent on each project. You can then compare this data to budgeted projections to see if you are on track.
All executives want answers. And most bosses aren’t willing to wait around to get them. To be an effective HR manager, you need to have systems in place that can cull and analyse huge amounts of employee data and generate helpful, informative reports – using concise bullet points and summaries.
The start of the year is the perfect time to take stock of how far you have progressed in the previous year and equally what mistakes you may have made. It’s also an ideal time to prepare and set goals for the year ahead and decide on some resolutions and goals that you would like to accomplish in 2016.
Time and attendance software can also automatically calculate such things as overtime pay, holiday pay, vacation accrual, taxes, employee benefits, and other calculations that usually have to be done manually under a time clock system.
Clocking in Systems protect against the type of fraud that records employee biometric data, using such things as fingerprints, retinal scans, or even facial recognition scans to verify that the employee is who they say they are.