Online employee time tracking software is invaluable for ensuring compliance with labor regulations regarding proof of attendance, including wage and hour regulations and the ACA. Other benefits include greater insight into labor costs, control over overtime expenses, increased productivity for the HR and payroll departments, more accurate employee time management, elimination of time theft, and more.
A more efficient way of managing your timeOne of the fundamental features of employee time tracking software is its ability to dramatically reduce the amount of time needed to perform routine tasks. Don't ask HR or payroll professionals to manually enter data submitted by employees. This process involves creating new spreadsheets for every pay period and it takes up valuable working hours. A manual system that requires either employees or HR and payroll personnel to input hours worked may get held up by certain personnel who routinely fail to deliver their records on time.
Instead, employee time tracking software can automate this process. It can also administer warnings and reminders to ensure all employees report their information on time or simply track time and attendance itself as it happens so they don't have to remember to send in data.
The time tracking information you need, in one placeThere are inherent advantages to bringing together key elements of your time tracking, human resources, and payroll systems. With automated software technology, you reduce the number of times humans have to interact with the data and avoid the potential risk of human error.
Workforce management integration adds efficiency by easily and securely sharing data from one part of the organization to other parts without manual reentry of data and the associated errors that can result.
By electronically and automatically transferring employment, time, and wage data per employee through technology solutions for each step in the punch-to-paycheck process (from timekeeping through payroll), you increase process efficiency, data accuracy, and cost savings exponentially beyond the benefits of just an automated time and attendance system alone.