Importance of Time and Attendance in Managing and Measuring Workforce

Every business owner has a different perspective on what employee management looks like. For some, it’s onboarding and development. For others, it’s the reporting side of hours worked and the amount of output in productivity and sales. For every definition and application, though, time and Attendance play a massive role in each one.

An automated attendance system will help companies across all industries save money and improve performances.

Many departments across a company are influenced by the effectiveness of Time and Attendance software, from payroll to HR. The primary importance of Time and Attendance software is to help maintain an active, productive and cost-effective workforce.

As companies become more vibrant, optimisation of the workplace becomes more challenging. The general use of mobile devices means that many irregular work hours happen outside the office and regular work hours. Frequently more employees are working from home. Even though this allows a company to be more productive and flexible, it can also make keeping track of employee work time problematic.  

HRMatrix Time Management Software empowers an organisation to develop a clear understanding of employee time-keeping through comprehensive reports on Attendance, absenteeism, overtime, flexi-time, rostering and holiday leave.

Automated Time and Attendance software can improve your company by providing the following advantages;

1. Reduce failures

Time and Attendance software decreases the risk of human mistakes and guarantees a straightforward, unbiased and systematic approach in addressing specific requirements without any confusion.

2. Improve security and productivity

Biometric data collection devices eliminate ‘buddy punching’, the habit of one worker clocking in and out for another. Productivity progress as the process is seamless and make day-to-day processes more productive and beneficial.

3. Lower costs

Executing a Time and Attendance solution with face recognitional devices will quickly help reduce labour costs by ending inaccurate time reporting, buddy punching, absenteeism, lateness, time abuse, and overcharge. It can take a lot of time to assemble, operate, calculate, and process payroll manually. Still, with automated Time and Attendance, organisations can increase performance and save money in the long run.

4. Improve employee satisfaction

Scheduling and handling time-off applications are a necessary part of keeping a satisfied workforce. When employee satisfaction increases, problems such as turnover may dramatically decline. It is likely to review, approve immediately, and address absence applications and manage planned absences to reduce their effect on your business with automated systems.