Businesses – no matter the industry – benefit from accurately tracking their employees’ attendance, especially the hours they worked. This approach helps managers recognize their top workers while identifying those with regular tardiness or absenteeism. It ultimately plays a key role in improving operational efficiency, leading to higher productivity and a healthier bottom line.
In this scenario, leveraging biometric time tracking systems provides the accurate data your managers need to foster productivity. Managers get valuable and actionable information to ensure each worker contributes to the success of the organization. Let’s examine some of the most important benefits companies gain from biometric time tracking systems. Use these insights to adopt this approach while addressing any privacy concerns from your staff.
What Are The Benefits of Using a Biometric Time Tracking System?
Making Time Theft Obsolete
Using a biometric time tracking solution effectively makes employee time theft a thing of the past. These devices provide accurate audit trails including data on employee attendance and their offsite breaks. It offers more detailed information when compared with card scanners or even security cameras to track your staff.
The fact the biometric tracking relies on facial recognition or fingerprinting also eliminates false or altered data. The unethical practice of “buddy punching,” where one employee clocks-in for another, also becomes obsolete. As a result, you gain the peace of mind and trust knowing your time tracking data remains accurate.
Take Business Productivity to Higher Levels
One of most critical benefits of biometric time tracking system involves a significant increase in business efficiency and productivity. Biometrics saves your employees’ time, especially when compared to punching a card number and password to validate access. They also no longer worry about forgetting their credentials and/or their proxy badge.
When employees understand their attendance and time onsite are being constantly tracked, expect a reduction in tardiness and absenteeism. Additionally, awarding bonuses based on exemplary work focus determined by accurate data also incents higher performance.
Biometric fingerprinting and facial scanning give your managers and HR team the time to focus on more value-added duties. Fast and accurate reporting also helps them keep a finger on the pulse of your business.
Enjoy a Higher ROI on your Company’s Administrative Expenses
Your company already invests a significant amount in its administrative functions, including HR, training, salaries, and more. Leveraging an automated biometric time-tracking solution ultimately helps you achieve a higher ROI on this spending. As highlighted earlier, your HR staff also saves time by not having to manually enter timesheets and calculate overtime hours. The self-enrollment features of these systems also save valuable time.
The inherent inaccuracies of obsolete manual timesheet systems also reduce your ROI and productivity. When combined with regularly replacing lost ID cards and managing passwords, your business ultimately enjoys a significantly higher return. Get the most bang for your administrative buck with biometric time tracking!
Make Payroll Processing More Efficient
Another efficiency improvement gained when automating your employee time tracking involves payroll processing. The biometric nature of this approach improves accuracy while reducing the risk of timesheet fraud. At the same time, having this time tracking data easily integrated with existing workforce management software improves payroll processing.
As a result, your HR team or payroll accountant processes employee pay faster than ever before. This improved efficiency gives them more time to ensure your business’s compliance with employment law and similar regulations. Improving your operational efficiency while reducing waste and fraud results in a healthier bottom line. What’s not to like?
What About Biometric Time Tracking and Privacy?
Using an automated biometric time tracking system naturally causes some worries about employee privacy among your staff. The federal government shared these concerns and introduced the Biometric Information Privacy Act (BIPA) to regulate this area. While that bill has yet to see full passage, a variety of states have adopted similar legislation.
Needless to say, your business needs to take steps to ensure the data privacy of any biometric time tracking system. Additionally, standards as far as employee consent requirements for these biometric tools also need to be considered. The risks of BIPA non-compliance remain numerous and potentially costly.
Note our systems allow employees to self-register their face and fingerprints for future validation. This process also includes a Biometric Usage terms and agreement providing permission for employers to track employee access. Check out our detailed blog on the topic for more extensive information.
Exploring Intelligent Biometric Time Tracking Solutions
Our team at Timerack offers an intelligent all-in-one solution for biometric time tracking. The Intellipunch clock provides both facial identification and fingerprint recognition for biometric access to business facilities. It even supports ID cards as a non-biometric option for identification, providing a measure of flexibility.
The latest Intellipunch clock model offers businesses the latest advancements in biometric technology. Easy integration with existing payroll systems helps your HR team process employee pay fast and accurately. This simplifies the important process of staying in compliance with employee law and related tax regulations.
Timerack’s industry leading support ensures any occasional system issues get troubleshooted before they become problems. All Intellipunch clock models allow for remote support, even older models after installation of the MDM app. Our engineers simply login to your system to track and fix any problems. This feature also highlights the importance of always updating to the latest clock models!
Want to See What a Biometric Time-Tracking System Can Do For Your Staffing Agency?
If you want to make your business’s time-tracking problems yesterday’s news, connect with the team at Timerack. Our state-of-the-art solutions include both top-shelf hardware that seamlessly integrates with our time-tracking application and your payroll processing software. Schedule a demo at your earliest convenience to see how we can improve your business’s operational efficiency!