Best Time Sheet and Attendance Management Software for India
Time and attendance employee software is a package used for tracking the employee attendance and time. This automated time and attendance software enable the organization to manage employee services, hours, pay rates, and locations. An automated time and attendance employee system also helps in implementing and enforcing fair and steady pay policies.
For any small or large industrial enterprise, employee attendance tracking is an extremely laborious and tedious task. Earlier, it was done on paper, which was more time consuming, and wasted money, as well as the time of employees that could have been better spent. This created a need for automated time and attendance employee software, which allows the organization to create a paperless employee check-in and telephony validation system. It also helps in combining real-time employee time and attendance data with the company's employee scheduling program, which in turn results in minimizing the costs and improving efficiencies.
By using the time and attendance employee software, online accrual balances, and flexible labour distribution for projects and work orders can be made easily. Other benefits of the time and attendance employee software include the elimination of time cards, unauthorized overtime, and reporting precisely the employee time/attendance to payroll.
Nowadays, there are many time and attendance employee software packages available on the market. Many of them have a variety of features. Most of these software packages use biometric devices for processing. This type of employee time and attendance software provides tangible support improvements to the operating efficiency of these organizations. The software is also time-efficient -- Internet-based time and attendance solutions can be installed easily.
While selecting the right time and attendance employee software, one has to keep in mind certain things: First, make sure that the applications work on all your operating systems. Second, research the software to decide whether it will serve the business or organization effectively. This can easily be done on the Internet.
Monitoring, collecting and compiling hourly employee time and attendance data can be a cumbersome, labour-intensive part of workforce management for facilities which don't use timekeeping software. Mechanical time clocks often record employee attendance inaccurately due to "buddy punching" or system errors, and this information must be compiled by the payroll department.
Employee time keeping software is a type of workforce management software which not only acts as a virtual time clock but also automates the collecting and compiling of employee time and attendance data into one easy-to-manage source. Inaccuracies, time theft and labour-intensive duties can be eliminated by integrating web-based timekeeping software into nearly any kind of workplace facility.
Eliminate Time Theft and Buddy Punching
Mechanical time clocks allow employees to clock in for one another, also known as "buddy punching", to cover for late arrival or absence. This is company time theft, and it can add up to a significant loss, especially for large workforces. Keep in mind that five minutes is 1% of an employee's daily pay, and five minutes can add up quickly. Time and attendance software can be easily integrated into IP time clocks, ID badge readers or biometric scanners which make it nearly impossible for employees to clock in or out inaccurately.
Automated Attendance History Keeping
Mechanical time clocks and time sheets require payroll personnel to manually enter employee attendance data in order to track attendance, while management software automates this process. Employee attendance history is automatically made available to supervisors and, in some cases, employees. This information is also used to notify human resources when new benefits have been accrued or vacation leave is expended.
Easier Payroll Management
Payroll departments do not need to compile time sheets to perform payroll when time and attendance keeping software is integrated into the workplace. Attendance keeping labour management systems provide precise work schedules and compiled times, which are available from the management software interface, significantly cutting back on the time payroll spends on manual data entry. Both payroll and human resources have ready, real-time access to accurate employee time and attendance data, allowing these departments to spend less time on manual data entry while maintaining more accurate payroll and attendance history records. Companies can use these savings, as well as the money saved from inaccurate records, to invest in helping the company grow.