Investments Insured with Employee Time Tracking Software

Jul 15
08:33

2011

April Dee Barredo

April Dee Barredo

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Employee time tracking software is an automated method of monitoring employee’s number of hours served as well as attendance. It keeps records accurate and up-to-date, which limits the chances of fraud and cheating of company records.

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In the business arena,Investments Insured with Employee Time Tracking Software  Articles each second spent in work is penny gained. With time playing one of the biggest roles in the development and movement of business enterprises, organizations make sure that the people they employ make use of their time wisely and efficiently. And to ensure that time is properly used, the conception and invention of an employee time tracking software – one that monitors attendance and time worked by employees – has proved to be a towering accomplishment in the trade industry.

 

A couple of years before, a manual method of checking and recording employee arrival and departure was used. A person or team of persons was purposely hired for the job of recording, updating, and reporting the attendance register of employees. For an organization with a small number of employees, this method could be feasible. But for those companies that had thousands of employees as well as numerous branches locally and internationally, this system of keeping track of employee activities was impossible. The scheme of keeping time and attendance was very difficult to maintain and required too much time and other resources. Fraud and bribery had also become an issue. Late comers and absentee employees tried to bribe attendance and record keepers to alter records and to report that they have come on time or have been present even if it was not the case.

 

In the matter of employee productivity, managers and supervisors had no way of knowing if their subordinates are utilizing business hours for real work. For all they know, their staff and subordinates could be discussing the latest gossip for half of the day’s work, idling in their seats playing crossword puzzles or napping in their desks and waiting for the clock to strike 5 o’clock. With these office practices, companies suffered tremendous losses.

 

Fortunately, with the improvement of technology and innovation in business methods, tracking employee attendance and time management have become easier, faster, and more cost-effective. With an employee time tracking software, the risks of time theft and non-productivity are minimized. Accurate records of attendance are reported and cannot easily be altered. Employee performance can also be easily tracked and monitored. Automated reports provide managers a clear view of the productivity of the organization. Employees who do not perform well and cannot meet certain deadlines of projects and tasks can easily be viewed through the software. On the other hand, employees with flawless records and good performances may be given their deserved recognition or bonuses.

 

Through this automated employee time tracking software, companies can now amply manage its most important resources.  Time is not misspent or squandered. Employee output and work rate becomes more pronounced. Thus, this system proves to be a great investment towards a successful company.

Manage employees and time better with Freckle time tracking. It has all the features needed to ensure effective time and employee management. It also comes with an easy web-interface for everyone's convenient use.