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3 Reasons We Love Time and Attendance Solutions

Financial Reporting Services in Tulsa

Can you imagine, no more hand tallying time cards, or worrying about archiving time and attendance data securely? An Automated Time and Attendance System (ATAS) can eliminate many of the payroll preparation irritations and headaches.  Approving time can often be tedious and time-consuming. An ATAS can help automate a paper-intensive process to save countless hours that are better spent on other responsibilities.

There is a broad range of choices when it comes to collecting time and attendance. You can choose from standard badge terminals, biometric terminals, a mobile app, an internet-based solution, or even a combination of these options. 

Tracking time and attendance is a big part of day-to-day business and can have a huge impact on labor costs. You want a system that fulfills your current business needs and makes managing time easier. However, you also want to invest in a scalable solution that will accommodate future business growth.  

Here are just a few of the reasons we love using an Automated Time and Attendance System:

Automation

One of the best gifts you can give your payroll administrator is a time and attendance solutions tracking system that will automatically integrate with the payroll software. By electronically and automatically transferring employment, time, and wage data using technology solutions you can increase process efficiency and data accuracy, as well as cost savings.  

In addition to these great benefits, integrating an ATAS with other HR technology enables you to reduce the number of times an employee interacts with the data. This, in turn, will reduce the possibility of human error.

Compliance

Time and attendance systems are a great way to stay compliant with the wage and hour regulations of the Fair Labor Standards Act (FLSA). Tracking employees’ time at work both accurately and definitively is important for FLSA. Consistency in timekeeping and the ability to quickly run a report and review an employee’s time punch-by-punch can be a great asset. This is especially important if your organization is ever audited by the Department of Labor!

Accurate timekeeping is also becoming a large part of reporting related to compliance with the Affordable Care Act.

Ease of Use

The benefits of an Automated Time and Attendance system are numerous. An easy-to-use tool will empower employees and managers, whether in the office or on the move. There is no more calling the Human Resources department. Employees can access and review information anytime, anyplace from any device with Internet access. 

Managers can access real-time information of time and attendance rather than having to wait for batch data. Forward-thinking organizations encourage their employees to utilize technology both to automate and streamline business processes.

These are just a few of the many reasons we recommend implementing an Automated Time and Attendance Solution for your business. We would love to discuss how this type of system can improve your organization!

LUXA Enterprises specializes in HR services, outsource accounting, bookkeeping, and payroll services. We match up with ideal candidates for services by allowing small to midsize businesses to increase focus on their growth through outsourcing. If you want to know how we can help you, contact us today!

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