4 mins
Timekeeping software is a crucial tool for enhancing productivity in any workplace. At Marbles, we have a digital HR marketplace that offers multiple cutting-edge apps for mobile time tracking and advanced timekeeping analytics. By upgrading to timekeeping software, you can reduce inefficiencies, ensure accurate record-keeping, and improve employee morale and satisfaction. If you are considering upgrading to time-tracking software for your business, you have come to the right place.
In this post, we will take a look at the benefits of a good time-tracking app, explore some of the software options available in the HR Marketplace, and explain the features that can help improve the way your company handles timekeeping.
Benefits of Timekeeping Software
1. Increase Employee Productivity
Timekeeping software is a useful tool that allows you to keep track of data over time and generate reports to improve productivity. Managers can analyze the data to identify inefficiencies that may have gone unnoticed before, and then reallocate resources to create more efficiency and enhance productivity. Automated timekeeping software also helps to reduce redundant tasks for your HR department and employees.
2. Gain Control of Labor Costs
Timekeeping software is a useful tool for the HR department to keep track of employee work hours accurately. By comparing labor costs with time investment, managers can identify new ways to create efficiencies. Maintaining accurate records of employee hours can also help to reduce unnecessary overtime expenses.
Although sometimes overtime may be required, if managers do not monitor the hours carefully, it can lead to a significant increase in unnecessary costs. The time-tracking software enables managers to reduce hours and prevent overtime expenses without sacrificing productivity.
3. Better Oversight of Employees
Companies are moving towards a hybrid employment model where employees work from home. Timekeeping software helps track employee productivity, and managers can allow productive employees to work more hours from home. The software also assists in micromanaging employees when productivity is low.
4. Improve Regulatory Compliance
Ensuring compliance with state and federal regulations pertaining to employee compensation is a crucial responsibility of your HR department. To ensure that employees are paid adequately for their overtime hours and that they are provided with a complete lunch hour and appropriate breaks, timekeeping software can be of immense help. This not only keeps your employees happy but also ensures that your organization is in compliance with labor laws. Additionally, this helps to reduce some of the repetitive tasks that the HR department handles, which frees up their time for more important work.
5. Better Employee Satisfaction
Payroll mistakes are more common than most people realize. According to the National Federation of Independent Business, the IRS fines nearly one-third of businesses every year for payroll errors. Timekeeping software can help reduce the risk of human error when it comes to accounting. Nothing causes employee satisfaction to plummet more than being underpaid for the work they have done. The software can also help employees monitor their own productivity, allowing them to adjust their work schedules to provide more time for more demanding tasks..
Timekeeping Solutions in the HR Marketplace
There are several issues that timekeeping software can assist many businesses in solving. In the Marbles HR Marketplace, we have verified numerous HR products and solutions, including many digital timekeeping options. These applications are all integrated into a cloud-based HR system and can be combined with other business tools through the HR Marketplace.
FROM THE MARKETPLACE
BIGTIME
BigTime helps professional service organizations operate more effectively to better plan, manage, and get paid for client work. Our award-winning Professional Services Automation (PSA) software enables better project, finance, and resource management backed by robust analytics and reporting.
nettime® solutions
Streamline your time and attendance process with stratustime®. Send hours directly to payroll, prevent buddy punching, eliminate paper timesheets, and reduce the potential for errors. stratustime® is an intuitive, user-friendly cloud-based time and attendance solution that works for a wide range of businesses -- from retail and manufacturing to healthcare and hospitality.
TIMECO
Thousands of business owners use TIMECO to maximize their billable hours, eliminate time theft, decrease operating costs, and process payroll in minutes. It’s timekeeping that maximizes productivity and profitability.
Manage Time Better with Marbles HR
If you are a business owner ready for an upgrade, explore the range of timekeeping solutions available on in the HR Marketplace.
Looking to expand your reach as a Time Tracking supplier? Join our marketplace and take advantage of our growing community of potential customers. We're excited to discuss the benefits of listing your solutions with us and how we can help you take your business to the next level.
Get the best Of our content delivered to your Inbox. Monthly.
By clicking “Subscribe”, you agree to Terms of Service
