Small business owners have a lot on their plate. For many, when they are initially getting their company up and running, the owner takes care of all executive tasks until they can afford to hire more employees. This can include everything from payroll and bookkeeping, to auditing, managing the work schedule, and overseeing inventory. That is a lot for one person to take on. That’s why many small business owners are turning to helpful software programs such as an Employee Time Clock and Attendance software to assist with various daily tasks.
How Time Clock Software Can Help Your Business
Time clock and attendance software decrease the amount of stress that company owners endure when they must enter crucial details manually into their system. There are many businesses already using an automated time clock and other similar types of software to help them multitask throughout the day. If you are hesitant about making the switch to automated time clock software, consider the following benefits to this modernized business software.
Five Benefits to Using Employee Time Clock Software and Other Similar Programs
Keeping up with a paper time sheet where employees write down their hours worked for every pay period can be time-consuming and cause many mistakes to occur due to human error. The payroll manager may have issues with reading the handwriting, and there is the obvious issue with employee time theft where a worker purposely writes down the wrong time.
With automated software, employees may track their time online, or by using their mobile device. The data collected from the software transfers to the software in real time, and no one can change it except those authorized to do so.
The accuracy of the time clock software means that each employee receives the exact payment they deserve. It eliminates co-workers clocking in for others who are running late, or those who attempt to stay clocked in when they are on an unpaid break.
Companies that are still processing manual time sheets for their paycheck each week use up a large amount of time doing so. The payroll department must gather time cards and enter all the information into the computer. The time that it takes to do this, along with the time that the employee takes clocking in and out each day, can add up. If all the responsibility for payroll is on one person, such as the business manager or a small business owner. This task can take them several hours to complete.
With help from employee time clock software, you can decrease the amount of time it takes to process payroll for the entire company You can go from spending countless hours processing paychecks to having everything completed in a matter of minutes when you decide to use this excellent software.
Employee time clock software collects everything in real time. It allows your data to transfer to the payroll solution for processing. And it eliminates the need to enter data in manually. The result is an accurate system that takes just 20 minutes to complete each payday. That reduces your time to run payroll while it increases the overall accuracy of each paycheck. This can lead to an increase in productivity for all departments.
Boosts Employee Morale
Anything that helps to improve employee morale in the workplace is a good thing. Studies show that when employees are in a good mood, they will be more productive at work, and that can help everyone remain positive. Employee time clock software makes employees happy because the software ensures that they receive accurate pay for their demanding work.
The program eliminates the mistakes made by manually entering time sheet data. It also provides employees with access to their data securely. This eliminates the need to go through human resources or anyone involved in payroll to get this information. This gives employees the feeling of empowerment because they have access to their payroll information and other key details. That level of confidence can lead to improved morale and greater profit for the business.
An Easier Way to Manage Fluctuating Employee Schedules
Today it is not that uncommon to have employees who work remotely as well as in the office. While it is convenient to have your employees work from home so that they can take care of their work duties and personal needs such as taking care of a sick child, it can be an inconvenience when it comes to inputting time sheet information.
Employee time clock software takes the stress out of configuring the amount of time your remote employees work because they can easily track their time using various apps and software programs. The employees can track time for all employees regardless of where they may be working at. Time clock software makes paying your remote employees just as easy as paying those who work at the office location.
Stress-Free Management of Employee Schedules and Shifts
Thanks to employee time clock and attendance tracking software, it is much easier for business managers to develop schedules for their employees. They can assign a specific number of hours to a single employee, or a group. They can assign hours of specific tasks for their employees to work on, assign clients to tasks, and keep track of shift swaps. The time clock software also makes it possible for employers to easily determine the amount of work to assign to each area, the resources needed for each task, and the budget by department.
A Closer Look at Why Employees Appreciate Time Clock Software Programs
When you think about the benefits of having a way to track employee’s time accurately, many assume that the benefit is for the employer only. But that is not the case. Yes, it is a great advantage to business owners who have troublesome employees that take advantage of the traditional way of tracking time. But the main group who benefits from time clock and attendance software is the employees.
Why do the employees benefit the most from software that tracks their time accurately, even on those days when they are late or leave early? Because it also accurately tracks time when you are at work, on time, and work a full day.
The real-time accuracy that works thieves hate will help those who abide by the rules receive an accurate paycheck each payday. With this software, no employees will ever be cut short again on their pay. They also no longer should wait for someone to correct the problem, which can sometimes take days. Now, thanks to this program, everyone receives an accurate check on the same day, and no one will have to wait around for their hard-earned money.
Employee time clock software is an innovative tool that more businesses are beginning to use each day. It can be useful to both the employers and employees by eliminating errors and making it possible for employees to track their own time by logging in to their secure account. This software has improved tracking time for remote workers, and eliminate payroll problems with employees who want to cheat the system. It helps to save companies money and encourages the worker to be more productive.