Benefits of Attendance Management Software

People who don’t value at their time usually do not have a good day to go. This is because most of them end up wasting their incredibly valuable and resourceful days. We can surely say this as it is not unknown that time is more important and valuable than money. People should realize that time is much more valuable than the money because with the use of the money we cannot make or purchase time but by utilizing the correct time we can make money. So, good time management is very important in life.

Nowadays, for organizing the system and saving money along with removing the frustrations due to the manual process, a new way named as an automated time and attendance system has been introduced. Accepting attendance management software

has not only proved to be effective in controlling time but it also has the power to convert and change the workplace wellness. By implementing an attendance management software, one can be able to increase the efficiency, manage labour costs, and increasing the profits.

In an organization where all the employees are using this software, they experience the delight of employee attendance management system along with the attendance, leave (vacation), and payroll that impacts the production and profits of the organization.

Let us discuss the different types of benefits of attendance management software.

  1. Reduce Errors:

Using this software, you can easily reduce the human error and without any confusion, it creates an orderly approach in addressing specific needs. As compared to a manual system, this employee attendance software has an accuracy rate of 99% more by deleting errors in case of data entry and calculations.

  1. Reliable and accurate:

As per traditional manual method sometimes employee forget to log in the correct timings and some of the employees also misuse the system. But, in this new software, many such loopholes have been rectified and that helps to give correct inputs and there is no chance of any confusion by keeping the accurate and reliable data.

  1. Increase security:

Employee attendance software along with the time controls the employee access and track the employee entry with biometric data collection devices. These devices remove buddy punching and also reduce costly liabilities.

  1. Save Money & cost effective:

By using these type of modern technologies, companies can certainly help to reduce the labour costs. These systems also increase the efficiency and save money because collecting, managing, calculating, and processing the data for the payroll manually also takes a lot of time. It is a one-time investment because in this case, there is no need to pay a human for doing this task. So without wasting time, you can get an error-free report.

  1. Better regulatory fulfilment:

It gives enough information like accurate data regarding the working hours, leaves, and the net amount which should be paid to the employees which are required for regulatory compliance.

  1. Increase productivity:

This process is unified and makes day-to-day operations more efficient and conveniently increasing the productivity. Not only it frees up the employees time but also it decreases the staffing overhead.

  1. Increase Employee satisfaction:

It gives the quick access by which manager and employees fix the issue without having the hassles every month end.

  1. Real-time tracking:

Cloud-based employee attendance management system provides real-time tracking. For payroll processing, it also provides automated inputs. Because of this feature, all information related to payment schedule is made available in real time. To adjust work schedule manager can also create “scheduled versus actual” reports to adjust the work schedules.

Hope this information proves to be extremely beneficial to you. By accepting this new software and systems, one can make processes hassle-free and provide a flawlessly integrated system for your organization.

4 Compelling Reasons Why You Should Invest in Employee Management Software

Companies today use various kinds of software and technological solutions to make their daily business activities more efficient and easy. From the days of Tally and MS Office, companies now have moved to sophisticated software programs like payroll management. In the current business times, technological advancement is more of a necessity than a choice.

Those times are quickly fading where workforce management is done manually with lots of scope for errors and manipulation. Automation has become the norm and can revolutionize the way you do your business. Taking the stride, investing in employee management software is a brilliant technological advancement for your business.

Here are some outstanding benefits of using employee management software.

Monitor project progress and your human resource

Employee management software lets you have an insight on where and when your employees are. You can easily access an employee’s work location and work hours. With clarity on how your employees are spending their time you are in a favorable position to deal with any issue on an immediate basis. Such information also aids decisions on employee promotions and firing. Businesses with multiple job locations or a mobile workforce can immensely benefit from this built-in functionality of employee management software.

Instant access to contextual information

As a business grows it becomes difficult to keep track of all the information, particularly employee related data. Such information is critical to decision making and project planning. Employee management system effectively sorts out this problem. It makes it very easy to not just collect such regular data but also to access the information as and when needed. Any information including field employees or supervisors’ notes, project costs and work hours can be accessed at the time of resource allocation, project planning, evaluation or any other business decision making.

Flexibility to work from anywhere

With introduction of the cloud based technology, it is but natural that your workforce management system too becomes universal in that way. Such a setup lets you work from anywhere, be it your home, a different office location, or even when you are in transit. All you require is an internet connection.

Smooth intra company communication

Any good employee management system has built in functionality to facilitate prompt communication. Though communication can be done using other mediums too but employing just one program to do everything is far more convenient. HR team can quickly share employee related information and news on job openings or company events.

The system also allows for restricted access. This allows users to choose what information is to be shared with all and what can only be shared with few. So an employee would only see the information that he or she has access to. Moreover, employee management system makes it extremely simple for the employees to keep track of their leave balances and make request for time off.

5 Ways in which Poor Leave Management is Impacting your Business

Leave Management Software

Despite being an important aspect of a company’s payroll, leave and absence does not get the kind of attention it should. Managing it is too big a goal given that many companies do not even track employee absence! Leave management processes hold a significant place in company policies because paid time off significantly impacts a company’s bottom line. Continue reading “5 Ways in which Poor Leave Management is Impacting your Business”