Will Attendance Management System Rule the world?
Attendance Management refers to the act of managing attendance or presence in a work setting to minimize loss due to employee downtime. It takes place in all educational campuses be they university, college or school. Earlier, taking attendance was a huge task for everyone in an institution. With the introduction, of the attendance management system, it has become easier and manageable. Adapting to modern technology has not only proven effective in handling time but also has the power to transform workplace wellness.
Benefits of using an attendance management system
Most organizations have already started riding the automated payroll wave. According to a study conducted by the American payroll association, 65% of the organizations surveyed said they collected time and attendance using an automated system or were in the process of switching to an automated system.
§ Accuracy – Automated attendance systems ensure accurate time records and minimize the inevitable and costly errors with manual data entry. This accurate data thereby helps to provide accurate performance and payroll data.
§ Productivity / Efficiency – Monitoring and managing attendance manually can be a time- consuming, laborious, and expensive affair. It takes much time to process paper sheets and time cards, create schedules, authorize leave and overtime, and create payroll manually. The time and effort saved combined with data accuracy help in optimizing the use of resources which leads to increased productivity and improves profits.
§ Economics – Have you ever thought that attendance management systems could control costs? It saves money by putting an end to inaccurate time reporting, buddy punching, and overpayment.
§ Visibility – Would you need a quick snapshot of all planned and unplanned absences for an employee or group? Now with just a few clicks, you can generate accurate reports on hours worked, absences, over time, get a monthly summary report for any of the data within the organization.
§ Flexibility – In today's global, well-connected environment, you have employees working from an office, from office, from home, or at remote locations. An attendance management system allows organizations to track employee time using a variety of clocking options, such as smartphones, internet networks, biometric terminals or desktop readers easily.
§ Configuration – You can choose attendance management systems to suit your needs based on the nature of work and policies. There are systems available that can be integrated with any third- party attendance hardware and which can capture GPS- based attendance hardware with mobile applications. You can have individual configurations for each attendance shift, with options to define attendance cycle, mark-in / out rules, leave deductions, and optional holidays.
§ Real-time tracking – Cloud-based attendance management enables real-time tracking and provides automated inputs for payroll processing. This helps in managing alternative payment schedules and makes all information available in real-time.
§ Security – Most Attendance management systems are built around highly secure systems and architecture. These systems are of particular utility to organizations where security is a primary concern.
§ Compliance – Inaccurate records can cost your organization a lot of money in overtime payment, and can also violate labor laws, resulting in expensive legal defense and fines. An attendance management system that integrates with your payroll simplifies this process while making it seamless.
Best Biometric machine For Attendance Management System
The attendance management system is now amongst one of the best biometric machines as its time- saving, can identify the mass of people in very few time and has a high accuracy rate. One such example of the Attendance management system is ID one attendance management system. Such Products are only supplied to India by some of the most reliable companies and translineindia is one of them. It has been providing India with such solutions since the year 2001, and in a nap of the recent few years and has gained huge trust and faith among the people. For more information related to the attendance management systems, you can visit our website Translineindia where you will get all the details. Despite having such a large number of advantages, it also has certain disadvantages which are mentioned below.
Disadvantages of an outdated Time & Attendance Management program
v More time devoted to payroll - With a manual time and attendance program, you spend more time processing payroll. You’ll find yourself faxing, emailing, and tracking down employees to verify hours.
v Time theft - When you track time and attendance manually, you will open up your business to time theft. It can include things like employees taking longer lunches without reporting them, or reporting the wrong clock in or out times.
v Human error – Manual time and attendance processes are at a higher risk for human error. No one is perfect, and that includes your accounting and payroll department. Just one misplaced digit can lead to costly errors.
Therefore don't rely on outdated, time- consuming employee time- tracking methods. These methods are inefficient and costly. No more stress at payroll, no more worries about time theft, quality time and attendance management system will allow you to enjoy the benefits of accurately tracked employees.
In order to enjoy all the above-mentioned features and to know more about them or people who are interested in buying the product can visit our page House of biometrics and can have a look at other products also.