Effective time management enables businesses to detect wasteful practices and encourage accountability at the workplace. Time-bound activities naturally induce a culture of efficiency and productive engagement at the office.
Workflow management is better understood when organizations are able to figure out where the process flow is getting delayed. Time tracking software helps organizations measure employee engagement by assessing the work output of individual employees.
The software can be deployed as a standalone application to record timesheets and generate employee attendance reports or be integrated with other systems to monitor work output efficiency.
Accounting, project management, payroll, etc. are some of the functions that could use time tracking software to generate reports based on employee work-time and reward pay accordingly.
Employees could clock-in and clock-out through fingerprint authentication, a webcam biometric system, or manually by typing in their hours.
Moreover, integration with mobile applications allows employees to record their attendance from the field.
The system helps firms develop performance metrics that could then be used as a benchmark to assess and appraise employees. As the software solution is deployed on the cloud, no expensive hardware is needed.
Time tracking software helps management leverage their human capital to identify growth opportunities.
Automating time and attendance reduces manual transactions and enables managers to focus on strategic priorities. The Aberdeen 2012 report on ‘Workforce Challenges’ states the inability of 50% of respondents to use workforce data to make better operational decisions.
Another 46% claimed not making good use of a talented workforce. The solution helps integrate workforce management data with business performance data to provide a holistic view of an organization’s capability.
The system ensures generation of accurate paychecks based on time data and compliance with regulations due to systematic scheduling of office duties.
Again, Aberdeen’s 2012 study on ‘Workforce Management’ makes the perfect case for automated time management systems by reporting that organizations were able to achieve 11% greater workforce capacity utilization.
The major differentiating factor between automated systems and other well-managed manual processes is the induction of accountability and mobility through employee self-service. Responsible engagement at the workplace increases efficiency; time tracking software helps achieve this.