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Cut operating costs by implementing Time & Attendance software.

It’s important for many businesses to reduce their bottom line and make the most from their operating budget without sacrificing the quality of the products and services they provide.

One less obvious method to reduce operating costs is by introducing a Time & Attendance system to accurately track the hours employees have actually worked within a period so that this information can be used to process payroll more efficiently with less errors.

 

What is Time & Attendance Software?

Time & Attendance software is an means of accurately capturing the hours worked by your employees via ‘clocks’ and comparing this against a roster to track if employees are working the correct hours or to calculate overtime depending on the rules defined. Some systems can also record employee holidays and absence.

The clock can be a combination of software or hardware depending on the business environment meaning employees can clock in when they enter the building via a bio-metric clock or from their desks via a clock application on their PC.

 

How can Time & Attendance save money?

Whilst there is a cost for implementing Time and Attendance software, this can be recovered due to how much time and money the system will save. Savings can be made directly from say reducing admin time but also indirectly by improving the attitude of the workforce and therefore productivity. Typically savings can be made from the following:

• Increase accuracy when tracking hours worked
• Significantly reduce time spent on admin such as calculating payroll and managing absence requests.
• Eliminate costs to the business from ‘time clock fraud’
• Prevent ‘buddy clock punching’
• Reduce Absenteeism
• Eliminate Payroll errors
• Improve Moral of Staff
• Boost productivity
• Employees can have direct access to their schedule and time-sheets to save issuing them manually*

 

What is People Inc. Time?

People Inc. Time is a powerful, flexible and cost effective Time & Attendance solution that fully integrates into your People Inc. HR software or can be used as a standalone Time Management system.

People Inc. Time provides a wealth of time saving features such as:

• Roster Management for planning flexible work patterns
• Unlimited business rule definitions.
• Electronic Holiday Bookings/Approvals with notifications*
• Choice of Software and Hardware Clocks for accurately capturing employees hours worked
• Access Control
• Automatic email alerts
• Core HR module provided or integrates with existing People Inc. HR system
• Facility to export data for Payroll
• Can be used at multiple sites
• In depth analysis via built in suite of reports
• One central and secure database for all of your HR and Time data.

 

When combined with the HR functionality from People Inc. and the integrated Employee Self Service module, People Inc. Time can have a significant impact on employees attitude to attendance and can actively reduce absence as well as improve productivity and efficiency. 

Read more about People Inc. Time

 

 *Requires Employee Self Service Module

 

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People Inc. Time is a powerful, flexible and cost effective Time & Attendance solution that fully integrates into your People Inc. HR software or can be used as a standalone Time Management system.

Further information about People Inc. Time can be found on our website https://agathonhr.co.uk/time-and-attendance/ or click the button below to leave your details and one of our consultants will be in touch shortly.