Time sheets, punch cards, time clocks…whatever method your organization is using, it’s one of the very fundamental HR monitoring duties – confirming that employees put in the hour for which they are paid. Basic time and attendance data recording and number crunching is one of the oldest HR software systems in use and leading-edge organization are now using HRMS attendance management with three core benefits in mind.
Improved Timekeeping/Absence Management
A fully-integrated HRMS attendance module can enable a set of key improvements related to timekeeping. First, timesheets are more accurate. Accidental errors are avoided, thus having the time and effort needed for corrections. Complicated issues, such as time theft and “buddy punching” (one employee clocking in on behalf of another), can be reduced to minor levels. In turn, payroll errors and the cost associated with correcting them are reduced. Finally, paid time off calculations are much less subject to human error and compliance is virtually assured.
Data, Data & More Data
As with all HR software, once the data is in the system, it can be dissected numerous ways. The first advantage of doing this with HRMS attendance is that managers receive real-time alerts. Better-informed decisions on workforce deployment can be made on the fly. Beyond basic scheduling benefits, data can be used in more strategic metrics and analytics reporting, giving manager’s insights into trends and patterns.
Flexible working options continues to grow every year and time and attendance systems have to adapt to those who aren’t in the office every day to “punch the clock.” For many organizations, online and mobile access to time and attendance is increasingly essential.
Modern HRMS attendance software goes far beyond the old school ways – punch cards and time clocks. With integrated data and analytics plus employee and manager self-service, this type of system can greatly enhance the day-to-day efficiency of your organization.
To learn more about InfinityHR’s time and labor management solution, please contact us – firstname.lastname@example.org.