As indicated by a recently concluded business review, a negligible 20% of small scale businesses put resources into software and tools to enhance operational efficiency of their staff members.
Be that as it may, as technology keeps on reforming the business world, majority of entrepreneurs frequently disregard an essential part of their business model: time and attendance tracking framework for employees. Any businesses, irrespective of its scale or industry, require end-to-end arrangement with accentuation on planning and leave administration. This is where time and attendance software comes into picture.
Here are a few benefits of upgrading to a dedicated time and attendance system.
- The main benefit is that it increases timekeeping data accessibility by a considerable measure. Conventional frameworks were managed and supervised by a HR team that usually did not take the requirements of business owners into consideration. Be that as it may, nowadays more and more organisations are deploying time and attendance software as a channel for strategic management decisions.
- By resorting to these systems, business owners can have access to any staff member’s data anytime required. Besides that, by viewing real-time reports on employees, they can resolve any attendance issues. All that without the assistance of Human Resources.
- All business owners are aware that employees in each organisation indulge in “time theft”.
Using time and attendance software, employers can keep a check on undue overheads ensuing from “time theft”. For instance, a firm that offers office cleaning in Sydney can monitor the timings of their cleaners. On occasions, cleaners report to work before their shift, which could result in unnecessary expenditure for employer, as those additional minutes accumulate.