Six Benefits of Installing an Automatic Time & Attendance System

1. Start Time: 2:00pm EST
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Welcome!
Employer Solutions
Fast and Focused:
Human Resource Topics Explained

2. Webinar DetailsToday’s Presenter
Mark Boutilier | Net@Work
Senior Solutions Engineer
• Over 30 years developing and implementing HR and Payroll solutions
• HR Practitioner for over 10 years
| Employer Solutions

3. | Employer Solutions
Housekeeping
• Session is 30 -45 minutes long
• On-demand video and copies of PowerPoints are available
• All audio lines are muted
• Please feel free to enter questions into the question box.

4. Today’s Topic:
Six Benefits of Installing an
Automatic Time &
Attendance System
This Photo by Unknown Author is licensed under CC BY-SA

5. | Employer Solutions
Six Ways a Time & Attendance System Can Help

6. | Employer Solutions
1. Accuracy
Improving information
accuracy and reliability are
two of the primary reasons
why organizations install a
time and attendance system.

7. | Employer Solutions
• Illegible handwriting on timesheets
• Abuses in documenting hours
• Relies on the honor system
• Often not completed until end of
pay period
• Little insight into true labor costs.
• Exact accuracy of punches
• Reduces or eliminates ‘buddy
punches’
• Capture and correction during the
pay period
• Punch data transferred in real time
• Supervisors alerted to missing
punches etc. during the pay period.
Accuracy: Handwritten versus Automated
Manual Timekeeping Automated Timekeeping

8. | Employer Solutions
2. Increased Productivity
Manual processes require collection
of timecards and re-entering the
data into your payroll solution. This
can take hours each pay period and
is prone to errors.

9. | Employer Solutions
Is This Time Well spent?
• Time spent processing each timecard
can be up to 7 minutes
• Not unusual for Payroll to spend up to
8 hours per pay period
• APA estimates 1-8% of total payroll
spent on correcting clerical errors.

10. | Employer Solutions
A thought from Stephen Hawking . . . .
“The cost to fix a data error
at the time of entry is $1.
The cost to fix it an hour
after it's been entered is
$10.
And the cost to fix it
several months later is
$100+.”

11. | Employer Solutions
3. Bottom Line Savings
•Reduce human error
•Eliminate time theft
•Monitor and reduce
overtime
•Allocate labor resources
more effectively. – leaner
with less padding staff levels

12. | Employer Solutions
4. Decrease Burden on Payroll Department
• Paper records: storage and retrieval
• Sole responsibility for payroll outcome
• Bottleneck around individual
• Greater accountability

13. | Employer Solutions
5. Stronger Corporate Culture
• Engage employees with expected technology
• Empower employees and supervisors with self-service features
• Manage employee scheduling to balance employee skill sets
• Pro-active WorkLife balance leads to greater employee satisfaction.

14. | Employer Solutions
6. Regulatory Compliance

15. | Employer Solutions
Bonus Reason: Integration with HRMS

16. | Employer Solutions
Six Ways a Time & Attendance System Can Help
Brought to you by Sage Time and Sage Time and Attendance by

17. Webinar DetailsQuestions, Thoughts or Comments?
| Employer SolutionsThis Photo by Unknown Author is licensed under CC BY-NC-ND

18. | Employer Solutions
Next Week
“Way Beyond the Time Clock”

19. | Employer Solutions
Future Topics ?
mboutilier@netatwork.com
“Fast and Focused” in the
subject

20. Webinar DetailsThank You For Attending!
Mark Boutilier | Net@Work
Senior Solutions Engineer
(P) 800-719-3307 Ext 4805
mboutilier@netatwork.com
| Employer Solutions
800-719-3307
www.netatwork.com
netatwork.com/blog
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