Our timekeeping package automatically generates payroll hours. It was designed for convenience and to reduce the cost of labor. Each minute an employee spends "on the clock" directly impacts your company’s profits. How well does your company manage employee time loss?

The American Payroll Association estimates human error in time card preparation is between 1% and 8%. A conservative cost using a 2% human error rate on a $15,000 payroll would equal $300.00 in erroneous wages paid per pay period. In addition, the cost to re-issue correct payroll amounts when an error is encountered, adds additional costs.

How does a time management package save you money?

• How long does is take you to handle, approve, and total each employee's time card? Can it be done in a matter of seconds?

• Do employees write down their lunch and break times, providing approximate in and out times? Would a system that tracks it accurately for you be a better way?

• Is your company vulnerable to human error when calculating payroll? If the time reporting was automated the potential for error drops significantly.

• The average payroll clerk spends 7 minutes per time card each pay period. 100 timecards take an estimated 11 to 12 hours to complete. At a clerical wage of $15.00 per hour, time card preparation costs can be an additional $200 plus when taxes and benefits are measured.

It’s not just cost you need to consider; it’s the convenience factor. Payroll should be seamless and simple. The hardest part for the employer should be deciding how much to pay employees, when to give raises and setting a work schedule. Processing the payroll, getting the checks out and ensuring all taxes are being paid should be the easy part.

Your Payroll Department can make that simple and effortless for you, while saving you money.

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