Minimising expenditure and costs is a top priority for any company. Also high on the agenda of any company wishing to be successful is the prevention of wage fraud. Every business will also want to make the most efficient use of management and employee labor is another area that every business seeks to improve.
One aspect of company administration can have a beneficial effect on all of these factors, When businesses begin to develop and grow in size they naturally take on more employees, broaden the hours of their operation and require staff to work over time or irregular hours. As a business grows, time management becomes more and more important. When a business reaches a certain size automated time management systems go from becoming a beneficial commodity to a cost saving necessity.
Calculating how much a company is losing by not automating their time management systems can be almost impossible. Typically the only way to find out is to integrate one such as those provided by Advance Systems. If the cost of poorly managed scheduling wasn’t clear before, once time management systems are installed the answer quickly reveals itself on a company’s balance sheets.
Prevent Wage Fraud
Another area that can be difficult to calculate losses in is that of wage fraud. It can be a substantial drain on company resources if not monitored. As well as costing a company money, absenteeism and “Buddy Punching” can demoralize hard working employees. Time management systems from Advance Systems allow for biometric scanners to be integrated, meaning employees can only clock themselves in.
In order to adapt to the ever changing business environment the modern workplace needs to be flexible and dynamic. Flexi-time and remote offices are becoming standard practice across businesses. Using flexi-time and tele-working gives companies more control and versatility. However, they can also increase the complexity of scheduling which can lead to added costs and resource mismanagement. Time management systems from Advance Systems include flexi-time and tele-working operability.