Although business management systems, especially HR solutions, are vital for an organisation’s functioning, not every business can afford these systems. There was a time when only corporations and multinational organisations could afford such management tools. However, advances in technology are making sure that even small businesses can not only implement solutions like time tracking software but also fully justify the acquisition costs.
Why Automation is Needed in the First Place?
Without automation, businesses are left with managing everything manually. Whether it is recording of employees clocking in or clocking out times or the collection of that data, when done manually, it can be extremely laborious and time consuming. There are considerable expenses in terms of resource time that is spent on taking care of these things. In addition, there is also an element of human error that can cost a business significant amounts of money. Automated time and attendance systems from uAttend can help small businesses do away with human error and inefficient tracking, recording, collection and processing of employee time and attendance data.
In addition, small and medium sized businesses end up losing considerable amount of revenues to time theft if they operate with manual systems to record employee time and attendance. It is extremelyeasy for employees to clock in for each other along with engaging in tardiness, unauthorised overtime, and other practices that amount to stealing the time from their employers. Automated timekeeping systems from uAttend are equipped with biometrics and can effectively put an end to any such practice at your workplace.
Justified Acquisition Costs
If you only take into account the revenues saved by automating the time and attendance processes, it alone is sufficient to justify the cost of acquiring time tracking software systems. In addition, the bonus comes in the form of totally eliminated time theft which can be anywhere from 5% to 8% of your total payroll costs. In fact, biometric timekeeping software systems are able to recover their costs within 6 months of their implementation.
Are you an entrepreneur who is overwhelmed with inadequacies of manual HR? If yes, automated time and attendance systems offer the ideal solution. For more information, please visit uAttend.co.uk.