The Case for Automating Time & Attendance Systems

The Case for Automating Time & Attendance Systems

Helping employees perform at their best is one of the many responsibilities managers take on. This support can come in many forms such as encouraging additional training, providing mentorship, allowing flex time and ultimately just providing clear company communication.

There are only so many work hours available per day and people can easily get bogged down.  While tasks relating to time and attendance management may seem simple and even trivial, this is one area that causes stress both for workers and managers. An Ernst & Young study reports that time and attendance errors happen more than once per employee per year resulting in a net loss of $248,735 to individual businesses. Outside of this, the second highest cost associated with time and attendance was for incorrect processing of vacation, paid time off or sick leave requests. This resulted in 721 errors per 1000 employees at a total cost of $219,289 for employers. These errors, whether accidental or on purpose erode trust between the employee and the organizations and waste a lot of time for managers. One way to keep employees and organizations performing at their best is to automate the workforce management process.

Iris ID’s IrisTime™ iT100 has changed the landscape of workforce management and time and attendance solutions by developing a platform that enables automation and customization. No company should have to use a solution that does not fit the needs of the company or how their employees work. Iris ID has developed the IrisTime™ iT100, the timeclock for the modern workforce, and is building an ecosystem for Independent Software Vendors.  This ecosystem showcases the companies that have developed custom integrations that work with the IrisTime™ iT100 and deliver optimum convenience. In developing the multimodal iris face fusion iT100, Iris ID was intentional in its design. This device is the only solution on the market that provides speed, accuracy, flexibility and customizations all while streamlining operations and reducing time theft and buddy punching.

The iT100 is a win-win solution for employees and organizations because it provides:

• Accuracy and Reliability
• Increased Efficiency
• Scalability
• Reduced Administrative Costs
• A More Informed and Productive Workforce
• And more

Continue to learn more about the iT100 on the Time and Attendance Solutions page https://www.irisid.com/productssolutions/solutions-2/time-and-attendance/