When it comes to time tracking software in Ireland, the country does not look to be kept in the past. What do we mean by that? If a company implements paper tracking, then it is inefficient with its methods of tracking time. With a punch clock, you run the risk of not having the appropriate hours for each employee logged in. This means an incorrect method of timekeeping that could cause a weekly problem with payroll. The yearly audits may become your company’s worst nightmare, but that is why having time tracking software is essential for running any successful business.
To give you an example (or examples) of the advantage that time tracking software offers, let’s explore what goes into having a punch clock system.
What Are the Advantages?
There have to be some advantages to the punch clock system. That’s why some companies still use them. For one, they are cheaper to install, and when you run the risk of computers becoming corrupted, a paper timecard does sound sturdier.
The Disadvantages of a Punch Clock System
Let’s start with how the last part of the advantages section is also a disadvantage. Take into account that yes, a computer may be corrupted by some reason, but what if you lose a timecard? What if you misplace one? Or what if, in the chance of an emergency, all of the timecards become compromised? Then you have no backup data, whereas most computers back up to a cloud-based system and can do so with ease.
The reason why time tracking software is used in Ireland is that Irish companies do not want to have an inefficient time tracking system. When you use a punch clock system, you are running the risk of employees taking advantage. It is possible for one coworker to punch in for another, thus making it seem like that other worker was there earlier than they were. With so many offsite workers, this could become a problem. This is why time tracking software in Ireland is essential.
Whether you have a construction business, a healthcare facility, or any other business in between, time tracking is essential to keep everything operating smoothly. For example, with the benefits that the software offer, it is easy to see why time tracking software is used in the healthcare sector.
Another disadvantage to the punch clock system is that it is very time-consuming to implement all of those hours into a computer. You have to do this in order to process payroll, so why not cut out the middle man and go with a time tracking system instead? You will be able to cut down on errors and costs for the constant paper that is needed for paper time cards. Also, think about the economic aspect as you will not be using up as many trees.
Why Should You Use a Time Tracking System?
The advantages of using a time tracking software really should be pulled from all of the disadvantages from paper time cards section. But, in case you didn’t know, there are many advantages to be had when you use a time tracking system.
- With this kind of software, you eliminate the use of time theft. Employees will not be able to clock in and out for their friends; therefore, a more accurate way to monitor time is put in place.
- You cut down on the need to spend money on paper and therefore, are helping cut the expenses made by the company.
- A time tracking system can be used anywhere: in the office and on your mobile device. This is good news for companies that have mobile workers who do not frequently get to the main office. They can be out in the field and still be able to clock in and out for their shifts.
- Time tracking software in Ireland is easy to install and has a slew of other benefits for you to enjoy as a company.
- When someone is late for their shift, you as the manager will be notified so to know that if an employee is claiming to have gotten there on time, it can be marked down that this is false.
A Time Tracking System Can Help Move Your Business Forward
Just think about how easy it would be to have a piece of software that is easy to use and can track everything properly. You don’t need to worry about crunching the numbers or misplacing timecards when you are doing payroll. A time tracking system is efficient and should work like a well-oiled machine. If you are looking to move away from the old-time methods of a punch clock system for a better way to do payroll for your company, then a time tracking software is something to invest in. With the right one, you can cut out so much time and effort from your payroll department.