According to the American Payroll Association (APA), billions of dollars are lost each year through problems with workplace timekeeping. Sometimes the employees are fraudulent; sometimes human errors are made by overworked or under-trained staff. The end result is the same either way: lost profits and an ever-growing issue when it comes to how employers are keeping track of their staff. Employee timeclock software help eliminate waste.
If you own or run a business and are looking to save your company from timekeeping fraud, you’ll need to invest in high-quality employee timeclock software. But how can you know which brands and models are the best? Here are just a few tips for choosing the right timeclock program.
It will take you less than a minute to read this post, and you will gain better knowledge of how this time keeping system works.
Price
Timeclock software can range from hundreds to even thousands of dollars, so it’s important to work out a budget before you go shopping. You should also keep in mind that the software itself will only be a portion of your overall expenses; you’ll also need to factor in things like maintenance, installation and the training of your managers to use it.
Technology
There are two main types of employee timeclock software. The first is designed to work with old-school timeclocks where employees punch in with cards, codes or badges; the second complements higher-end models that come with features like bio-metric scanning and fingerprint identification. Before you start looking for software, make sure you understand exactly what kind you need to suit your existing equipment.
Features
How does the software work? How much can it be customized for your personal business needs? Some programs can track arrivals and departures down to the nanosecond. Others might send you alerts if employees are extending their breaks or reporting the wrong times to the computer. You’ll need to decide for yourself what level of vigilance is right for your business.
Reliability
There’s no use in having state-of-the-art timekeeping software if it malfunctions every other day. When shopping for a program, be sure to read its reviews from other companies and consumers. Pay particular attention to the negatives ones; those are where you’ll find the truth about how accurate, speedy and trustworthy the software really is.
Time Clock Wizard is the Best Employee Timeclock Software
These are just a few things to keep in mind when choosing employee timeclock software. Whether you’re looking for a simple program or a high-end, high-tech software system, these tips should help you make a smarter and more informed choice. Not every business has to be part of the APA’s statistics! Don’t waste your time doing timesheets manually again.