PeopleGuru Blog

PeopleGuru Blog

3 Reasons to Automate Timekeeping

Posted by Allyson Edwards on Feb 21, 2018 10:11:02 AM

Your people are your most valuable asset and often your largest expense. This is why investing in the right workforce management technology should be a top priority for any organization.

According to a Software Advice study, 43% of employees admitted to falsifying their timesheets, costing organizations $400 billion annually in lost productivity.[i]

In addition to time theft, a countless number HR and Payroll managers are still chasing down employees and supervisors for missing punches, approved time sheets, and accounting for shift differential and overtime pay. Once the time capture is complete, managers then have to ensure that all of the clean data ultimately finds its way into the payroll system for successful payroll runs. 

Read More

Topics: HCM, Time and Labor, Workforce Management, HR