Biometric Time Attendance
If your company is looking for ways to control labor costs, consider implementing a biometric time attendance system such as the TimeZone™ workforce management solution from ITR.
Studies1 have shown that implementing automated labor tracking software results in savings of 2 to 5 percent or more on every payroll run. But over and above these statistics, choosing a system with biometric time attendance data collection devices can increase those savings by an additional 10 percent.
The reasons for such a dramatic improvement are as follows:
- Eliminate ‘buddy punching’, or the practice of one employee clocking in or out for one another on a badge or PIN terminal. With biometrics, all employees must be present to enter their time, using either their finger or their hand.
- Reduce costs associated with badge-based terminals. Producing, issuing, cancelling, replacing lost or stolen badges – all these activities are costly, in both time and money. With biometrics, there is no need for employee badges at all.
- Improved accuracy. When an employee forgets or loses a badge, his time must be entered manually by a supervisor or manager. Not only is this a time-consuming process, it is error-prone, and subject to abuse by unscrupulous employees
To learn more about the benefits of the TimeZone™ fingerscan or hand geometry biometric time attendance solution, please view our white papers, or visit our FAQ's on biometrics.
1As published by the American Payroll Association and the Canadian Payroll Association