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.

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4 Features Your Payroll Provider Should Offer

As you may already know, there are many different types of payroll processing: ranging from in-house to outsourcing, to even using a CPA. You’ve probably have heard of many different payroll service companies, but do you know exactly what they do and what they offer? Just like their name suggests, payroll companies ensure that employees are paid on time and that all of the employers stay compliant. Obviously, payroll is more than just writing checks, and a good payroll company will offer more than just that. Depending on the size of the company and the software’s capabilities, there are a variety of different things that payroll companies do for their customers.