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How does the Bioclock help your business and why do I need one?
Electronic time and attendance will automate the many manual processes required with a manual data collection system.
Manual data collection systems can be any of the following: - Bundy clock or time clock, Timesheets both paper and electronic or notepads. All of these manual data collection processes are open to both accidental errors and opportunities for information to be intentionally recorded incorrectly.
In a recent study completed by an Independent Payroll Association it was found that companies saved between 1-3% of their total payroll by moving from a manual system to an electronic system. We say if you could save half of 1% then you experience a Return on Investment (ROI), in most cases within 6 months. There are very few business management tools that will provide such a rapid ROI.
All companies have a requirement under current legislation to record the attendance of all their employees. In some case this is about compliance to work choices legislation, in other cases it’s about compliance under the WorkCover Act …you need to know who is on site in an emergency and a time and attendance system will record that for you.
If you would like to find out more please call 1300 664 254 or contact us if you have any questions.
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