Tracking and managing time and attendance used to be a labour-intensive, time-consuming process, and much of the data wasn’t adequately utilised because there was no good way to analyse it. However, advancements in the software industry makes it possible to track, manage, and generate reports on an impressive amount of data, lowering losses in payroll, improving regulatory compliance, and making the work faster and easier.
Advanced Automation
Things like payroll, that are incredibly labour-intensive, can now be automated and integrated with other systems to make data available from one system accessible in another. Payroll no longer has to depend on clock cards or other manual methods, which cost the average worker about 18 minutes per week to fill out. Automation can lower this time spent to just 2 minutes per week.
Compliance With EU Working Time Directive Rules
The data necessary to remain compliant with the Working Time Directive is already available within your payroll systems. Innovative software, however, can extract and analyse this data so that you can identify employees who are close to the limit of weekly service or have already exceeded it. The software should also allow you to identify workers who have opted out of the directives so that they can be taken care of separately.
Auditing Trail
Frequent editing of an employee’s time sheet is always a concern, but it’s necessary to have a method for tracking these exceptions and disallowing certain edits. Choose a Time and Attendance solution that tracks edits and notates any changes made, when changes were made, and by whom, so that patterns of problematic behaviour can be identified and addressed.
Identifying Short-Term Absences
The most costly time and attendance problems for most companies involves frequent, short-term absences. It is estimated that this problem costs the majority of businesses £666 per employee every year, and a total of 3.5 percent of all productive work time. Look for a system that includes Bradford Factor reporting, which identifies and tracks such short-term absences so the issue can be addressed.
Are you searching for time and attendance solutions for your workplace? Contact us for an innovative solution that will save your company time, money, and extra effort.