Cutting,Costs,Using,Time,and,A computer Cutting Costs Using Time and Attendance Tracking System
Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc ----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a
Time and attendance tracking are important foreffective employee and organizational performance. Monitoring these importantaspects through automation has made things better and simpler for managers. Ratherthan manually recording and updating time and attendance, automated toolsenable managers to simply glance over a computer and know exactly whenemployees show up for work and how wisely they spend work hours. With the use of time and attendancetracking systems, organizations have been able to cut down costs on manydifferent aspects. Through this system, the resources previously needed for thetracing, monitoring, and updating information on time and attendance are broughtdown. Since this system records to the exact last seconds, previous errors inrecording have been stamped out. Time theft and buddy punching are alsocrashed out from the list of problems organizations face. These fraudulent practices of employees whoarrive late or take long lunches and then bribe time record keepers to cheatmanagement are completely eliminated. Imagine if multiple employees do thisevery single day, then the amount of hours stolen for productive work will costthe organization a lot in figures. Another benefit of using this kind of automatedsystem is the cutting back in all costs necessary for buying supplies like inkand ribbon, which were used for the old punch clock systems. Automated systems likethis use high-technology machines that utilize sensors and identify bar codes inID badges which they electronically record and compile in a central database.This allows for managers to easily view all gathered data by the click of abutton, eliminating the need of sifting through piles and piles of papers andinformation sheets which was typical of the manual recording method. Inlong-term view, a lot of money can be really saved by the company. Another advantage of this system is theirreport-generating feature. Because everythingis captured into the central database, managers can simply be alerted whenemployees are working beyond the required business hours. Then, managers can readily notify thesepersons through a prompt message sent via email. It is also with the support of this systemthat the human resource department can view the time logs of employees and seetheir respective compensation and salary for the hours they have worked. Thus,the organization can justify the salary of all employees based on their jobhistory. Clearly, the long-term benefits of time and attendance tracking systemoutweigh its cost. It is then prudent of organizations to do a one-timespending on this automated system.
Cutting,Costs,Using,Time,and,A