The Time and Attendance industry has gone through significant transformations over the years and the advent of the Internet has been a big part of that; it has changed the way Time is tracked, processed and managed. In years past employee time management meant the arduous task of physically gathering up timecards, tediously calculating each employee’s time, and applying policies and rules manually. That method of time collection and payroll processing came with a high probability of human error and time consumption which translated into increased overhead costs. The replacement of the manual system with a web-based solution has drastically reduced payroll processing time, and improving the overall methods of time capture and workforce management. Additionally, the switch to an online model removes the need to have and maintain complex IT infrastructure in-house, this process can be completely outsourced and data collection can be entirely hosted by a qualified Time and Attendance firm. Some additional advantages are listed below:
- Employee Start, Stop, Breaks, and Time are instantly tracked and delivered to payroll.
- Employee’s Time is not only tracked but also processed in real time through all the requisite business logic, reducing work for Payroll Personnel.
- Payroll Administrators are able to access up to date reports at any time on employee time and view information from almost anywhere.
- The need to make a capital investment on a complex IT infrastructure and hire the requisite Personnel to manage it becomes unnecessary. All data collection and IT management happens off site and users have access to the complete software easily through the web.
- Upgrades are Free and provided automatically.
- Frees HR and Payroll Personnel’s time to focus on more pressing concerns, such as their employee needs.
- Employees will be ensured that their time is accurately calculated and accounted for.
To find out about how a Hosted solution could be beneficial to your company, please feel free to contact a TimeCentre rep at 678-597-8094, or at info@timecentre.com. |