Automating a time and attendance solution helps companies better manage labor costs, improve operational efficiencies, and control compliance risk. Key benefits include reduced payroll errors and processing time, eliminated costs of timesheets and timecards, reduced overtime costs, improved payroll accuracy and control, and real-time workforce information for better planning and productivity. Automation improves accuracy, reduces human errors that account for 1.5-8% of annual payroll costs, and saves an estimated $0.03 per timesheet processed.

1. Why Automate your
Time & Attendance
Solution?

2. Why Should I
Automate?
• Workplace becoming increasingly fast-paced and
competitive
• Companies looking to better manage labour costs,
while improving operational efficiencies
• Automating workforce management helps
• Control labour costs
• Minimize compliance risk
• Improve workforce productivity.
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3. Benefits
• Reduced Payroll Error Rate and Processing Time
• Eliminate Costs of Timesheets and Timecards
• Reduced Overtime
• Control Payroll Increase
• Real time information
• Better Planning
• Improved Productivity
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4. Reduce Errors & Time
• Human error can account for 1.5-8% of annual payroll costs
• Approximately 5 minutes to manually process each employee
timecard
• Example: If your company has 100 employees, over 8 hours
is spent in processing time!
• Automated time and attendance can:
• Increase accuracy
• Reduces re-work
• Reduces payroll overpayments.
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5. Eliminate Costs
• Reduce costs in terms of storing, archiving and
restoring of timesheets and timecards
• Save approximately $0.03 per timesheet 
multiplied by number of employees and pay periods
• Decreased risk of records being lost, damaged or
destroyed
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6. Reduce Overtime
• Assign work more cost-effectively
• Scheduling based on who is least likely to incur
overtime rates
• Automating rules and regulations ensures payments
are made according to employee schedules,
preventing unnecessary payments of overtime due
to unauthorized early arrivals and late departures
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7. Control Payroll
• Eliminate increases associated with rounding
• 2-5% of annual payroll costs can be saved through
automation
• 3 out of 4 companies experience losses from buddy
punching
• Automated time and attendance and biometric terminals can:
• Improve payroll accuracy
• Eliminate risk of buddy punching and time fraud
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8. Real Time Information
• Generate real time reports for:
• Labour assignments
• Progress of work
• Labour costs
• Analyze and identify key trends, opportunities and threats
• Identify gaps and monitor trends that could affect the
organization, and take immediate corrective action
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9. Better Planning
• Extract data and transform it into presentation forms
• Effectively predict and plan labour
• Become proactive in matching resource supply and demand
• Focus on topics that require attention to ensure continuous
improvement
• Identify trends and problem areas to respond by immediate
corrective action
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10. Improve Productivity
• Improved monitoring, recording and managing time and
attendance information
• Employees can rapidly view data and submit changes when
needed
• i.e. Request absences, book vacation time, check work
schedules, etc.
• Managers can easily monitor and approve requests and
retrieve information without HR/payroll intervention
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11. Summary
• Control Labour • Minimize • Improve Workforce
Costs: Compliance Risk Productivity
• Reduce • Centralized policy • Automate
overpayments administration productivity killing
• Eliminate manual • Local policy processes
processes enforcement • Match labour to
• Reduce over- • Detail audit volume
scheduling tracking • Understand the
• Provide visibility impact people
and control have on their
business
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12. Visit www.synerionwfm.com for more information
on Time & Attendance and Workforce Management
solutions!
Thank You!