3 Advantages of Having an Automated Time and Attendance Software

According to a survey conducted by Wasp Buzz, 80% of workers have admitted to being guilty of time theft. This is an alarming percentage, and chances are your company is a victim. Although completely eliminating time theft is impossible, there are ways to avoid it, or even reduce it. Not using the proper time tracking systems, like using paper time cards, for instance, can lead to “buddy punching”, which contributes to thousands of dollars being lost by businesses every year. The best solution to this problem is to switch to an automated time and attendance tracking system. A good automated time and attendance software is designed to flow directly into payroll, eliminating the need for double data entry. According to the American Payroll Association (APA), 65% of the organizations surveyed said they were either in the process of switching to, or already used, an automated time and attendance software to track their employees’ hours. So what are the advantages of switching to an automated time and attendance software? Read on.

Reasons Why Tracking Time & Attendance in the Cloud is Beneficial for Your Business

Time and attendance tracking is imperative for any business. Accurate data is critical to ensuring that payroll is processed quickly and it guarantees that policies and regulations are enforced. If your company still tracks time and attendance manually, then you are most likely already aware of the inefficiency and inaccuracy of it. In order to benefit from tracking employees’ hours, companies should find the tools that best work for them. Time tracking technology has matured over time, from punch clocks, to time cards, to computer software, and now to cloud-based software. Nowadays, most companies are using online, cloud-based software such as Dominion’s Time & Attendance Software. Instead of having employees use punch cards or a computer software to clock in and out, employees can do it over the internet. One of the best advantages of cloud-based time tracking software is that they don’t require much human interaction, as they work in the background. Not only that, but cloud-based time and attendance softwares have other benefits. Read on to find out more.

Why Small Businesses Should Consider Cloud-Based Payroll Software

To streamline company processes and keep efficiency at its peak, many small businesses have been switching to cloud-based software. One of the more tedious and consistent tasks of every business is completing payroll every pay period. It may be that payroll is something you handle yourself, or it may be a job you hire a CPA, accountant, or in house payroll manager to complete. Whichever process you use, it may be time to consider the benefits of what cloud-based payroll can contribute in the long run.