The Importance of Time and Attendance Software in Business

Any large company must deal with loads of paperwork that must be completed within a stipulated time. If the paperwork is manageable by one employee then there is no problem but what about the workload that requires detailing and the smallest mistake that can ruin it? Such scenarios are especially common in large firms that have a huge amount of day to day data to take care of.

The Principle of Time and Attendance Software

As important it is to have everything right in the time and attendance, it becomes even more important for this information to be correct. When big companies have to retrieve the time and attendance details of employees, the Human Resource is bound to make mistakes for the simple fact that they might end up making an error which can result in a huge loss. This is why manually sorting time and attendance is not only a tedious and risky task, but it is time consuming. Moreover, there are many instance of a proxy punching. Yes, that happens a lot. Just like you had the proxies for your college classes, you have buddy punching in the corporate world. Where the friend of one of your employers has punched and marked the attendance on his/her behalf so that they don’t lose out on the pay.

To reduce the redundancy of the time and attendance operation, a new, virtual technology has emerged. With this technology we get precise results because it cannot be tampered, and there is no scope for human error. 

  

How it Works?

The time recorded or the attendance clocked is entered in the system with the help of biometrics and proximity machines. It is an accurate way of keeping the data records correct and no buddy punching is possible, because biometrics is indigenous to a person. This technology has evolved over time with fingerprint, hand scan, retina scan and of course the facial recognition.

Another important method that helps in recording the time and attendance is of course the proximity clocking. Every employer has a unique serial number which ensures that there is no fraud in the system and only that particular individual can clock in and clock out with their cards.

So, which technology suits your company better? This can only be answered by you. But it has been proved through recent studies that having a digital time and attendance software can actually help your company in saving up 80% of the administration time.

The digital time and attendance software can give you complete access of whatever your employees are up to. Moreover, you get to track their absence trends without losing the actual information and record. This technology can reduce complex methods to store information and give you every kind of leverage on the functioning of your company.

Today, companies are rapidly adopting this innovative, affordable, and easy-to-install time and attendance tracking software for tracking their employees’ productivity and simplifying their HR operations by managing attendance on a digital platform instead of the bulk paper work.