Accurate monitoring of employee time and attendance is becoming more and more important, across countries and industries. Implementing an automated system reduces errors and costs, as well as avoiding very common scenarios in companies that lead to misunderstandings about employee hours.

Have you ever had an employee come to you and say…

“I don’t think I got paid enough for the hours I worked.”

If an employee approaches you claiming that his or her paycheque is not adequate, you would probably give them the benefit of the doubt. The other alternative would be to cross reference old records, which would take up a whole lot of time and effort. If the employee is being dishonest though, it could wind up costing the company in wage expenses. Either way, organizational resources are being used up.

Or, on the other side of things, have you ever had a co-worker say to you…

“Hey, I’m going to be a tiny bit late, can you punch in for me?”

The practice of “Buddy Punching” is a lot more common than managers think. Your friend is going to be a tad bit late, so you say you’ll punch in for him or her; they’ll do it for you next time you’re in a bind. It’s harmless right? Wrong. Buddy Punching can lead to significant losses for companies, as it basically involves paying employees for time that they haven’t been on the job. In fact, studies have shown that the practice can account for up to 5% of payroll costs, which can add up to thousands or even millions of dollars annually.

The Solution?

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