Tired of Time Theft? Can a Time & Labor System Stop It?

by Paul Devlin

Three words. Yes it can. From Geo-fencing to biometric verification, managing employee time and attendance is more than just clocking in and out; it’s about ensuring productivity, compliance, and fairness across your organization. The important thing to remember is that its not just a trust issue, it will also help with compliance and improve the accuracy of your payroll. Here’s what Jay Thompson with Thompson Heating and Air in Dallas, TX had to say about what he has seen since adding TLM to his payroll process:

“We have a team of techs that are spread out all over the DFW Metroplex. We used to rely on paper timesheets, which were not only a nightmare to go through every two weeks, but often led to discrepancies on both sides. Now they simply log in on their phones with the app, when they’re at their job, and those punches are automatically updated to their timesheet. When it’s time to submit payroll, we get a prompt from our friendly CSS at APlus and it’s done. Our savings in time, money and stress has made it more than worth it”.                                                                                                                                                                                                                                                                                                – Jay Thompson, Thompson Heating and Air                                                                          

The Importance of Accurate Time Tracking

Why It Matters:

  • Maximize Productivity: Knowing exactly when employees start and end their shifts helps allocate resources efficiently and optimize workflows.
  • Compliance: Accurate records are crucial for adhering to labor laws and avoiding costly penalties.
  • Employee Satisfaction: Transparent tracking fosters trust and ensures employees are paid fairly for their work.

The Hidden Threat of Time Theft:

  • Costly Consequences: Time theft, such as buddy punching or extended breaks, can cost businesses up to 7% of their payroll annually.
  • Reduced Morale: When some employees exploit the system, it can lead to resentment among diligent workers and lower overall morale.
  • Operational Disruptions: Unaccounted absences or late arrivals can disrupt operations, leading to missed deadlines and customer dissatisfaction.

How UKG Ready Tackles Time Theft and Enhances Accuracy

Prevent Time Theft with Advanced Features:

  • Biometric Verification: Our fingerprint and facial recognition technology ensure that only the right person is clocking in, eliminating buddy punching entirely.
  • Geo-fencing: Ensure employees are where they need to be, with location-based check-ins for remote or field workers.

Boost Accuracy with Automation:

  • Automated Timesheets: Say goodbye to manual errors. Our system automatically generates accurate timesheets, ready for payroll processing.
  • Real-Time Tracking: Monitor attendance in real-time from any device, giving managers immediate insights into workforce status.
  • Mobile App: Login from your phone.

Standout Features:

  • Customizable Rules and Policies: Adapt the system to match your unique business rules, whether it’s different shift patterns, overtime calculations, or leave policies.
  • Integration Capabilities: Seamlessly integrate with your existing payroll and HR systems, ensuring a smooth flow of data and reducing administrative overhead.
  • Comprehensive Reporting: Generate detailed reports on attendance, absenteeism, overtime, and more, empowering you to make informed decisions based on solid data.

If you’d like more information on how TLM could work for you and your Company, please contact us today for a ‘discovery’ discussion.  

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