As Q4 pokes its head around the corner, you’re looking for big ideas to streamline your business to usher in the new year. The minutes turn into hours while you ponder new products and different processes that will make your company happier and more productive.
You’ve heard about how automated timekeeping in Sioux Falls, SD make things easier.
Seeing the minute hand shift over gives you a brilliant new idea.
Automated Timekeeping for Sioux Falls, SD
Employee payroll can make up 30 to 50 percent of your company’s expenses. If there’s any place that could use a new, more efficient process, it should involve your most important resource—time.
Seeing the old, trusty time clock on the wall, your nostalgia turns to nausea as you remember a figure you read recently…
Updating your time tracking software can save you $1,600 per employee!
That’s right, if you’re using ye old time clock from yesteryear, you’re leaving a fortune on the table. It doesn’t have to be broken to need fixed. Just because the old workhorse is still running, it doesn’t mean it’s running like a racehorse.
Out With the Old
Just to put things in perspective, here’s a little food for thought to show you how common and problematic outdated timekeeping systems are.
- In the United States, 38% of small businesses still use paper timesheets and punch cards!
- 29% of timekeeping systems currently used are over 10 years old.
- In 2011, the U.S. Labor Department found over $225 million of unpaid wages from payroll errors.
Shake the Dust Off
It’s not merely the fact that they’re older that makes outdated methods and systems inferior. A lot of the issue is actually how much better the newer systems are.
Getting a brand-new, cloud-based, automated timekeeping system is just a no-brainer.
Manual systems are incredibly prone to errors and take extra time out of your day to complete. Automated timekeeping allows tracking in real-time, which increases efficiency and allows employees to better manage their workday. This leaves more time for employees to do their jobs—and less time filling out schedules and timesheets.
- Employees who track their time daily are only 66% accurate! If they do so weekly, that figure drops to 47%!
- 18% of workers have their timesheets filled out by managers, who could be doing other things.
Let’s not forget the dinosaur hanging on the wall—the time clock. If your business still uses this piece of hardware, then you still run the risk of it producing glitches, having broken buttons, or ceasing to work entirely. This will definitely wreak havoc on your ability to keep time accurately!
A Brave New World
Usher your timekeeping system into the 21st century with one of our automated timekeeping systems! With these cloud-based systems, hardware is optional—as long as you have internet access, you and your employees can use this excellent business tool from any computer or smart device.
- 31% of companies cut their payroll expenses with time tracking software.
- Businesses that use automated timekeeping software are 44% less likely to make errors.
- Automated systems like timekeeping can make your business 30% more profitable.
Automated Timekeeping Sioux Falls, SD
Your search for an innovative way to improve your business ends now. However well your faithful time clock served you in the past, you’re sure to find a new friend in automated timekeeping in Sioux Falls, SD. Don’t waste any more of your valuable time filling out timecards manually…or worse…having to correct timekeeping errors.
Are you ready to get started?
Get in touch with us at (605) 231-4906 to find out more about how a newer, better timekeeping system can improve your business!