Time theft costs US companies approximately 400 billion dollars per year, research suggests. Employees are guilty of arriving late and leaving early, as well as of engaging in distracted behavior during work hours.
The good news is that new technologies are making it possible for companies to prevent such losses. A fingerprint time clock system, for example, relies on biometric data to reduce issues like buddy punching and time theft. Here’s how it works.
A Fingerprint Time Clock: Reliable Attendance Tracking Technology
A fingerprint time clock has a pretty self-explanatory name. It is based on biometric technology for the purpose of identifying employees reliably and providing adequate protection against time theft.
The device is very similar to a regular attendance clock that workers use to check in first thing in the morning and to check out when work is done. Instead of using a card, however, the clock needs a fingerprint for the identification of the respective employee.
Fingerprint recognition makes it virtually impossible for buddy punching to take place. Every time a worker needs to come in or leave the premises, their fingerprint will be scanned for the creation of an easily traceable log.
Using a fingerprint time clock for the purpose of tracking attendance comes with a range of big benefits for companies.
For a start, time theft will either be eliminated altogether or reduced drastically. Businesses will get to save a lot of money that will otherwise be spent on fraudulent employee activity. In addition, revenue could potentially increase as a result of enhanced productivity.
A fingerprint is very difficult to fake – this is the main difference between the system and a clock that used ID cards or badges. The pattern of ridges on the finger of every person is unique. The system will rely on pre-scanned images to accurately identify employees and track their attendance.
In addition to being a suitable option for preventing time theft, a fingerprint time clock can also minimize the risk of unrestricted access. Only individuals that are authorized to go to a certain part of the building will be granted such rights. The reliance on biometric data makes it almost impossible for unauthorized entry to take place.
Addressing Some Concerns
Ever since biometric time clocks became popular, there have been some concerns about their safety and a potential privacy intrusion. It’s very important to dispel such myths.
A time clock that uses fingerprints cannot be used for any purpose other than attendance tracking and restricting access to certain business premises. It doesn’t store sensitive data or make the information available to third parties.
The systems are very safe and they can’t be hacked effortlessly. The fact that personal information (other than the fingerprint patterns and names of employees) isn’t stored on the machine can also put worries about privacy at ease.
Fingerprint data can be easily deleted from the clock when a person leaves the organization. This is when the pre-scanned image of a new employee will be entered for the purpose of attendance tracking.
One final important thing to keep in mind is that the system creates a number of coordinates on the basis of the original fingerprint scan that’s used for the purpose of identification. The fingerprint scan itself isn’t being stored, which minimizes privacy concerns even further.
Fingerprint employee identification is incredibly accurate and highly secure. If you’re concerned about time theft in your organization, this is the technology to try. Biometric systems are becoming more and more affordable, giving a wide range of businesses a chance to introduce the innovation.