Using Biometric Time Clocks Can Reduce Payroll Costs

Biometric Time Clocks have seen a revolution in time recording reducing the worries of administrators and FDs. With their advanced features, biometric payroll time clocks are considered a successful addition in organisations through which managers can save time and money. Keeping in mind their clever functionality, the use of biometric time and attendance systems is expanding within nearly all market sectors. Nowadays, from hospitals to grocery stores and from small to large size organisations, people are using biometric terminals to verify people’s attendance. The implementation of Time attendance software will bring a positive change in your organisational processes and growth and the picture will become even brighter if you use biometric terminals. See below for the ways in which biometric time and attendance systems helps in reducing labour and therefore payroll costs.

Eliminates Time Theft culture

Time theft is a well known term in many business organisations. However, it can be known by several different names like buddy punching or buddy clocking, sweet-hearting and wage fraud. Basically, the idea of time theft is to earn money for time you haven’t worked. With inefficient or inaccurate time and attendance systems, employers don’t get the correct details of working hours and they pay their employees for work they haven’t done. This can end up costing a huge amount to the employers.

Time theft is actually lying about the number of hours worked. Generally, it happens when a person runs late and calls their colleague to clock their time card so that they won’t suffer for being late and therefore doesn’t lose money. In return they may also offer the same favour for their colleague whenever they need it. At the end of the day, the employer pays both of them extra and loses money. The worst part is the employers will not know what is going on and will probably continue to lose money in this way.

This is where organisations need biometric time clocks. The implementation of payroll time clocks will introduce accountability among employees for their actions. When employees use time attendance software and biometric time clocks for clocking in and out they need to use their fingerprints. This will eliminate time theft as no one else is able to clock in for their colleague.

Calculates Payroll for actual working hours

Payroll time clocks save money for employers as they make employees clocking more secure and ensure they are authentic. The employees place their fingers on the biometric terminals so that they can be matched with their record on the system and their attendance will get logged in the time attendance software. The same process will follow when the employee is taking a break or leaving the workplace. In this way, an accurate number of working hours will be registered and recorded in the automated system and the employer will not lose money. The payroll of each employee will be calculated accurately according to his working hours.