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Factoid of the Month
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The median payroll error rate for organizations in 2006 was 1.24%, and the top reasons were employee/manager errors, late entry, HR data errors, late or missing time sheets, and input errors.
- APA's Payroll Best Practices Benchmarking Study
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Quote of the Month
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"In business, workforce management can be considered one of the most essential aspects of efficient operations. Keeping this in mind, companies of all types and sizes are turning to automated processes to enhance management, analyze data, and promote profitability."
- Norman Heinle, President, Datamatics Inc.
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Is Automating Time and Attendance Right for My Organization? |
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Consider the benefits of converting to an automated time and attendance solution:
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Eliminates manual calculation errors
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Dramatically reduces payroll preparation time and costs
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Provides managers with critical information for making better decisions in real time
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For more information on automating time and attendance, please read the following white paper.
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Welcome to the Premier of our Time Lines newsnote |
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Hello, my name is Marc Nelson and I am the editor-in-chief of Time Lines. This newsnote is aimed at providing you with resources to help you better  manage your most valuable asset: your workforce.
Topics will include choosing the right labor management solution for your organization, trends in the time and attendance industry, and other information that you will find useful.
We are also proud to announce the launching of our new website, www.timeandattendance.com. Whether you are a top executive, Payroll, IT, Finance, or Accounting professional, we trust that you will gain valuable insight from this educational resource.
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Considering a new Time and Attendance system? Which
method of Data Collection should you choose? |
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Data collection? It's a fancy word for "time clock." In your company, what would be the best way for employees to submit their data - to punch in and out? There are a wide variety of data collection options out there today from standard PC's and keypad devices, to badge readers, and biometric clocks; even telephones can be used to log employee time. Furthermore, clocks can act as access control points, facilities for employees to change jobs throughout the workday, or kiosks for looking up employee benefit time and requesting time-off.
Click here to learn more about data collection methods and important considerations for their usage in today's complex business world. As you read through the brief description of each device, consider your business environment, your workforce, and your specific needs as they are related to labor management.
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