Let’s start with a brief overview of the top 5 ways in which T&A Systems will save you money. We’ll go into more detail a bit later for some of these:
- Reduce administration errors: automation eliminates manual work and this both reduces costs and frees both managers and employees to perform duties that will increase productivity.
- Eliminate expensive mistakes: overpayment is the most common human error an organization makes. With an automated T&A system, the data is picked up directly from the readers, processed according to the rules of the company (and subject to appropriate authorisation where required), then passed directly to the payroll system. The data is therefore always accurate and expensive mistakes are eliminated.
- Dynamic workflow: staff absence, overtime and shift changes can be monitored and adjusted to meet operational demands. Businesses can typically make savings of up to 5% of total operational costs by automating such processes.
- Increase employee productivity: you can reduce human errors and duplication of work, and increase management and employee productivity. With a kiosk system that allows employees to view their own data (and in some cases request holidays or to specify whether extra time worked should be paid as overtime or treated as flexitime earned), the improved communication improves attendance and time-management, and also reduces absenteeism.
- Real-time information: with the latest information always available at your fingertips, you can better monitor staff, analyse labour costs relative to budget and reduce absenteeism and overtime.
The top 5 ways T&A Systems help reduce costs