5 Reasons You Need Online Employee Time Clock Software In 2021

5 Reasons You Need Online Employee Time Clock Software In 2021

If you haven’t yet updated to online employee time clock software, then now may be the perfect time to do so. With an ever-changing workforce that blends both in-person and remote work, it is now more important than ever to have an effective means of managing your employees and improving the productivity and profitability of your business.

If you wonder how to track remote employees time effectively, so that your business benefits from it, keep reading. This article will look at the top five reasons you need to implement online employee time clock software for your business in 2021.

Reason #1: Less Wasted Time and Higher Profits

Compared to the way things are done manually, online employee time clock software makes business logistics much faster and less wasteful. For instance, it usually takes a significant amount of time and effort out of an employee’s day to punch in or out using a manual job clock. They often have to leave their station, go to the clock and punch out, sometimes waiting in lines to do so; they must then follow the same procedure when clocking back in.

Even 5 minutes per day per employee amounts to a significant amount of wasted time. That’s not counting the disruption to the workflow, and the time it takes to get back to work after clocking back in.

Not only is clocking in easier, but the team time tracking process is also automated, so there’s no need to worry about filling out time sheets and costly errors.

Reason #2: Ensure Equity

One of the easiest ways to upset employees is to make them feel like they aren’t being paid fairly or that other employees are being given preferential treatment. Online employee time clock software ensures that everything is fair and even so that every employee is paid precisely for their work hours. The process is automatic, and timesheets can’t be altered without a manager’s approval. Even if a sheet is changed, it is recorded by the employee timesheet software if there is a future dispute.

Automatically tracking employee works hours makes it so that your team knows that hours worked are hours paid. This improves employee morale and productivity since they no longer have to worry about being paid fairly.

Reason #3: Identify Issues Faster

Manually tracking employees requires constant supervision and micromanagement to ensure that employees are on task doing what they are supposed to be doing. Employees also have to go to a manager directly any time an issue comes up and wait for a solution to be found before moving forward.

With online time clock software, monitoring and alerting processes are much simpler for both managers and employees. Managers can see in real-time what employees are present for their shift and whether they are working diligently. They can also send out notifications and alerts to the entire workforce if necessary to address potential issues.

Employees no longer have to worry about a manager constantly watching over them and can instead focus on doing their jobs. If an issue arises, they can use the software to leave notifications for managers to address the problem so that they don’t have to stop and find a manager and then wait for a response.

Reason #4: Better Job and Labor Costing

For businesses that bid on their jobs, knowing what you’re spending is vital. An online timecard system stores a large amount of data that can be used to bid on jobs and control costs better so that profits are higher.

The software lets you track labor costs on each job and then stores that data so that in the future, when bidding on jobs, you can see a more accurate estimate of what it will cost to complete a similar project.

You can also see how long jobs are taking and where there may be issues like staffing for a particular part of the job or the need for more training.

Reason #5: Better Payroll

Payroll can be one of the most time-consuming and expensive parts of running a business. Online employee time clock software offers the ability to calculate employee time and wages automatically and send that data directly to payroll for processing. This eliminates many of the problems with payroll, such as human errors, time-consuming calculations, and waiting on employees to submit timesheets.

This lets employees get paid accurately and more quickly for much less expensive than a traditional payroll department.