Time & attendance software automates labor planning, scheduling, time-keeping, availability, and leave administration. Focused on managerial practices, these HR software solutions produce scheduling deliverables that minimize budget variance, maximize efficient staffing, and keep the company within compliance parameters. Because of integration points with payroll, compensation, workforce management, and workforce planning, the software solutions that typify time and attendance can be more complex than simply automating a time clock. Here we track and examine time and attendance software applications.
Time and Attendance Systems
Much like the "core" HR functions of payroll and benefits, Time & Attendance Software solutions aid labor performance with robust planning and administrative functions. Time & Attendance software technology can also keep budget fluctuation in check, compliance in order, and sync up with other operational functions like workforce and compensation management for an integrated HR solution.
TimeTrex is one of the more established time and attendance systems on the market and is open source to boot. Most attention falls to the freeware version, but the commercial options offer a greater degree of support and functionality, thus creating a range of options for all requirements. Here, we take a brief look at TimeTrex's under-the-hood-capabilities to review the good and the bad.
Managing the timekeeping and attendance process for hourly-wage employees can be time-consuming, costly, and risk prone if done manually. Even so, many companies are deciding not to deploy time and attendance software as a solution. Find out the top reasons why you don't want your organization to join those ranks.
Like many specialized point solutions, time and attendance software design is gaining integration momentum for the business benefits that can be leveraged. Taking stats from Aberdeen's report, certain key factors have been discovered that enable new solutions to make more of a difference to the bottom line. Here's HR Lab's compilation of the top 5 of these factors.
Time and Attendance software solutions have been widely adopted and continue to achieve significant organizational gains for those companies starting fresh or renewing focus. Yet the market for these applications has become increasingly saturated, and finding the right solution can be difficult. By following these 7 selection factors though, organizations have a leg up in the process.
With a strategic approach to time and attendance, business performance can be driven by alleviating tactical burdens on managers and HR, while leveraging valuable data to enable better decision-making. A recent survey report from the Aberdeen Group explores how high-performing organizations are using technology and best practices to achieve sustained labor cost efficiencies.
As with any HR application, the selection process for a Time & Attendance software solution can only be successful if it is carefully conceived and driven by an organization's unique and prioritized business needs. Still, the overwhelming number of time and attendance options on the market can be reduced to a manageable range by focusing on these few critical points.