Studies show that your company can save up to 2-5% of your annual payroll costs by automating your Time and Attendance system. Whether you are a small or large company, this could save you thousands or even billions of dollars a year.
So you always hear about how Time and Attendance systems can save you money and improve your business, but where do these savings actually come from?
How does automating your time and attendance save you money?
• Decreasing payroll errors
• Decreasing total payroll processing time
• Decreasing unauthorized leave time
• Improving labor reporting
• Decreasing payroll inflation
• Eliminating costs associated with paper timecards
• Eliminating the risks of employee buddy punching or time fraud
As the workplace becomes more and more competitive, every penny counts to your company’s bottom line. Why wouldn’t you want to save thousands of dollars a year?
To find out how much your company could be saving, check out our ROI calculator or learn more from our website.
