Ask any human resources professional: what is the most difficult task he/she has to perform, and the answer is tracking employee attendance/time and payroll processing using some sort of stand-alone system. The situation becomes more tedious when it comes to tracking employee attendance and time manually, often in spreadsheets.
Now for a startup or small business, it’s certainly not lucrative to outsource your payroll operations because of the costs involved. So, what could be the perfect solution that could solve all the points related to attendance management and payroll processing? Can a cloud-based automated attendance management system be the answer here? Yes, it can, and to a large extent. Here’s how cloud-based HR payroll software can simplify attendance management.
- Centralized administration of payroll
- Automated schedule management
- Accurate and timely accrual of wages
- Powerful and intelligent reports
Manual tracking of employee attendance and time is prone to errors and delays, resulting in inaccurate payroll calculations. Note that improper payments are cited as the most common cause of employee accidents. An attendance management solution solves this critical problem by automating the entire process of tracking employee time, attendance, and leave.
Here are four key benefits of equipping your HR department with cloud-based time tracking software:
Centralized personnel management
Obviously, one of the biggest advantages of empoyee’s cloud-based attendance management system that it automates all of your payroll operations. That way, people in HR and payroll don’t have to worry about inaccurate time tracking, erroneous attendance/leave records, etc. etc. Most importantly, it eliminates those painful and tedious payroll terminations that result from inaccurate time tracking.
Simplified schedule management
Meeting these looming deadlines, especially during payroll week, is undoubtedly the worst nightmare for any human resources department. Employees, on the other hand, expect to be paid on time after working hard for an entire month. Delays or scheduling discrepancies can delay the pay date. Having automated time tracking and attendance management software can prevent all such doubts. Since all of your critical hr data is stacked on cloud servers, instant, real-time access to the data you need is not an issue. Talk about on-demand access to schedules and attendance reports.
Error-free payroll processing
No more payroll layoffs. Payroll, as we all know, is one of the most judicious and integral processes for any organization. Payroll discrepancies or delays can irritate employees, disrupting the culture and environment of the workplace. You certainly wouldn’t want a code of conduct to go under the wire, would you? Having a cloud-based attendance management system opens the door to error-free and timely payroll processing because it automates time/attendance tracking, freeing your HR people to do the same thing manually. Prepare for timely and accurate payments with cloud-based payroll software.
Powerful and intuitive HR reports
Keep track of work deadlines, sick leaves, unauthorized vacations, etc. etc. It’s much easier with an automated attendance management system. Best of all, all of your critical HR reports are just a few steps away. Create reports from a single point of contact. Talk about synchronized reports in real time.
Other relevant benefits include reduced administrative costs, increased revenue, a productive HR department, and zero duplication of data.
These are a few notable benefits of using a cloud-based and automated attendance management system for your business. Not only does it pave the way for error-free attendance management, but it also simplifies the time-consuming process of payroll.