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by Jen Leigh on May 7, 2018

The Benefits of Modern, Cloud-Based Timekeeping

Keeping track of time is at the heart of your business. By understanding when your people are working and what they are doing, you can gain the kind of insight that saves valuable time and labor dollars and increase your bottom line. 

Cloud-based time and attendance systems simplify the tedious tasks involved with monitoring employee time and attendance, labor tracking, and data collection to help you control labor costs, and minimize compliance risk. These systems also help eliminate late timecard submissions and keep systems in place to improve workplace productivity.

Control Labor Costs with Time and Attendance Systems

Time and attendance systems are designed to make every dollar count. Here are three ways that they will help you control labor costs:

  1. Reduce payroll errors that put you over budget with automation that securely captures punches at the source, consistently applies your time-tracking policies, and accurately calculates hours worked in real time.

  2. Eliminate manual data processing that leads to mistakes, wastes valuable time, reduces employee productivity, and inevitably saps employee engagement.

  3. Make informed decisions with high-quality information that lets you see and control labor costs in real time, manage lateness and absence, and use overtime to your advantage. It’s time to put your labor budget to work for you.

Time and Attendance Systems Minimize Compliance Risk 

Timekeeping Solution Feature List CTA

Today's workforces have modern time and attendance strategies to ease the compliance challenge. Here's how they accomplish this mission:

  1. Create a culture of compliance with the help of centralized labor policy control that keeps pace with changing regulations and protects your organization’s interests.

  2. Enforce fairness with an automated time and attendance solution that takes work rule interpretation out of the hands of local managers and gives your workforce credit for actual time worked.

  3. Gain confidence in your time and attendance process. Our timekeeping data is stored centrally and complete audit trails are at your fingertips. You’ll gain peace of mind — and save time and money if you’re challenged by an audit or lawsuit.

Time and Attendance Systems Improve Workforce Productivity 

Time and attendance management help empower employees to improve your bottom line by improving workforce productivity. 

  1. Empower your employees. Our self-service features let employees check their earnings and accrual balances, request time off and schedule changes, approve their timecard, and more — right from their mobile devices, PCs, or terminals.

  2. Manage by exception. Instead of reviewing every employee’s timecard, in a matter of minutes managers can find and correct missed punches, respond to time-off requests, approve overtime, and monitor compliance.  Plus, you’ll see the results of your changes instantly — so you’ll no longer be waiting for batch updates or slow reports.

  3. Make better decisions. Learn when your employees are approaching overtime, find out who arrived early or punched out late, and quickly and easily identify whether or not all breaks have been taken. The information is real-time, so managers can take action immediately — not weeks later when it’s too late.

If you are an Arizona-based employer and feel like your time and attendance system isn't yielding these benefits then perhaps it is time to switch to a new timekeeping system. Even better, finding an Arizona HR and payroll company may be able to help.

Inflection HR's flexible timekeeping management solution is a completely automated time-tracking software that works in tandem with our data collection devices to help you engage your workforce as you control labor costs, minimize compliance risk, and improve workforce productivity. Review our Time and Labor Solution Guide to find out more or schedule a consultation to find out how we can help drive your business forward. 

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Jen Leigh

Jen Leigh is a Senior Product Specialist with Inflection HR's Cloud Based HR and Workforce Management Solutions. Connect with Jenni and the rest of the Inflection HR Team on Twitter, Facebook, or LinkedIn.