Sponsored
    Follow Us:
Sponsored

Manpower, often referred to as labor is one of the primary concerns of every business. There comes the need of an efficient HR process in place to handle this manpower or labor. When we take HR process, we have two definitions. One part of it is concerned with acquiring manpower which is termed as recruitment and on the other part it is the administrative process that is related to management of this manpower or labor. There are various functions that are related to the HR administration in an organization.

 Your business may be of any size, but there are some vital functions that influence and affect the payroll directly.Due to the advances that the technology has witnessed in terms of workforce management, monitoring the workforce has become more, a strategy rather than a tactic. Tracking time and attendance of the workforce is the prime factor in workforce monitoring and management.

Scheduling and tracking time and attendance of labor has been historically a tactical issue to deal with. This data is integrated with payroll and doing this is very complex for organization which involves much time and with more risks of errors.

During earlier days, time cards were collected from each and every employee and recorded separately in registers. Later these data were compiled to arrive at a cumulative one at a particular report that would be supportive for payroll. This involved more time since many things are manual. This made the entire process cumbersome and monotonous for HR leaders.

Business owners who understand and comprehend the technological advances often try to adapt and cope up with the pace of the business world.  They must be able to understand the fact that if information management is accurate and faster, then it automatically influences all related factors in the ROI of the organization. The decision making process is quicker and efficiency is increased adding great value to the bottom-line of your business.

Productivity can be improved in a very powerful way if there is an automated and quick solution that is being implemented for time and attendance management for your employees. These results can be witnessed without even huge investment requirements since many time and attendance systems are being deployed on cloud. Implementing a robust time and attendance system involves neither more time nor money. It is just how you look at the implementation of these systems for your employees.

Labor expenses are being saved to a greater extent, since, by continuous tracking and monitoring, employees could be curtailed to perform their non-efficient and non-work related tasks. Some employees tend to work overtime for money, but which might not be of any use to the business and productivity. Such costs can be reduced by implementing an automated time and attendance system for employee attendance tracking.

Yet another advantage of having a time and attendance system in place is that the data that is used for payroll can be easily and accurately gathered. The analysis of this data can be done intensely to identify loopholes in the processes. The technology has advanced to such an extent that these time and attendance systems can be a helping for monitoring labor-spend.

———————–

Stella Lauren has made this useful contribution to help organizations grow with the technology advancements and best practices such as opting to outsource HR processes and using Time & Attendance Software  for their functions. Follow Stella on twitter @ stellalauren85.

Read Other Articles from Stella Lauren

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

0 Comments

  1. braden says:

    Time and attendance management software can definitely help in making most of the tasks easier and faster. I would rather say that after using Replicon’s cloud based time and attendance software -http://www.replicon.com/time-attendance, the productivity and efficiency of the organization has increased manifolds. At the same time, comparatively other similar tools such as Toggl, Freshbooks etc it is pretty simple to use and has calendar view interface.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031