Being a few minutes late to work in the past, may have slid by management, even having a fellow employee punch you in ahead of time, but now with biometric technology being introduced into the workplace, this will no longer be the case.
For companies, this kind of lost time can take a significant toll on the bottom line, and requires a solution that more efficiently manages employee timekeeping.
Pyramid Technologies, a provider of payroll time managers introduced today TimeTrax Bio, a biometric system that utilizes fingerprint readers for more accurate management of time clocks and payroll activities.
The solution replaces punch-in cards, paper attendance, badges and other forms of identification and instead uses the swipe of an employees fingerprint to allow access and keep accurate records free of dispute, while also reducing payroll costs.
The solution makes the punch in process faster, and relieves the chances of lost or stolen swipe cards while also hindering the occurrence of costly "buddy punch-ins."
With the TimeTrax Bio, employers are also given tools to aid in payroll and reporting functions including automatic calculation of overtime, holiday, vacation and sick time pay.
Manny Dasilva, Vice President, Sales and Marketing Pyramid Technologies commented in a statement, "Employees clocking in for co-workers can severely impact the bottom line for companies both large and small. Those lost minutes result in lost dollars."
"It's an easy and affordable way for businesses to get started using biometric-enabled technology," he added.
As biometrics enter into the workplace environment, more companies are seeing the benefit of increased security and more accurate management of their employees and their operations.
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