As a manager or business owner, workforce management is one of your many responsibilities. As it happens, so is being aware of and complying with all of the latest labor regulations, including the regulations which govern overtime performed by your staff. If you’re still using a mechanical Bundy clock, however, it can be hard to keep track of your employee time and attendance with total accuracy, since there are certain flaws inherent in these older time tracking devices.

However, new technology has enabled businesses to keep their labor costs down while at the same time ensuring that they stay in full compliance with all applicable government regulations. Biometric time clocks and time and attendance software allow companies to maintain a completely accurate and accountable record of employee hours – which in many cases, permits businesses to not only avoid over-payments, but also overtime pay.

Make Payroll Processing Easy and Accurate

When you use a Bundy clock and have your accounting department handle transferring all of the attendance data on the cards manually, errors can occur from poorly written time data or employees inaccurately recording their time worked. With an electronic time clock, you can put a stop to employee time theft and eliminate human error from your payroll processing.

Another advantage of modernizing your business’ time and attendance system is that if your firm currently outsources payroll to another company, you can stop doing so. Using a biometric time clock as part of your workforce management system, it becomes easy for your own staff to handle payroll in a matter of minutes, saving your firm a considerable amount of money over the long term.

A biometric time clock, unlike a mechanical model, can be integrated with your company network so that employee time and attendance information can be sent directly to your bookkeeper’s computer for payroll processing and record keeping. Many models of biometric time clocks also have USB ports, so attendance data can be transferred with ease using a portable flash drive to your time and attendance software.

No employer wants to pay more in wages than they actually need to; employee time theft and inaccurate records of employee hours are one of the leading causes of financial losses by businesses large and small alike. Biometric time clocks virtually eliminate the possibility of employees clocking in for one another, which ensures that you’ll never have to pay overtime for employees who haven’t actually worked overtime hours. There is a lot of money to be saved and with accurate time data you can make sure that your company is complying with the law.