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The Case for Upgrading Your Employee Timekeeping Systems

Posted on Fri, Aug 31, 2018 @ 07:00 AM

Organizations that use outdated or manual employee timekeeping solutions are at risk for costly errors, compliance issues, and employee productivity and engagement challenges. Plus, since outdated systems fail to provide the user experience today’s multi-generational workforce expects, they typically result in lower employee adoption rates.

These factors can affect an organization’s ability to compete effectively and stay profitable. By leveraging integrated technology to optimize timekeeping processes, employers can boost user acceptance, improve data accuracy, and gain the real-time visibility and insight needed to improve decision making and drive better results.

Relying on a disparate solution that pieces together timekeeping, scheduling, HR, payroll, and talent management components presents significant obstacles to maximizing workforce management effectiveness:

  • Disparate solutions make it difficult to obtain a single, trusted view of data, forcing managers to make decisions based on incomplete, inaccurate, or sometimes even anecdotal information.
  • Lack of unified visibility and control hampers an organization’s ability to operate effectively across a global environment and respond quickly to changing business conditions.
  • Without a single, reliable source of workforce data, employers face increased compliance challenges as well as employee engagement issues — especially among younger workers who expect integrated, efficient technology and processes.

By integrating time and labor management with other critical workforce management functions, modern timekeeping solutions provide centralized information and real-time visibility to help organizations control labor costs, minimize compliance risk, and improve workforce productivity. In addition, leading-edge systems allow organizations to take advantage of the latest technology trends and best practices to keep the multi-generational workforce — from Baby Boomers and Gen X to Millennials and Gen Z — engaged, empowered, and focused on achieving key business goals.

Time Theft

   

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