Time clock software accurately totals your timecards automatically-no more errors and no more calculator. Some estimates suggest that timecard totaling errors can cost 1%-8% of your annual gross payroll.
Increases accuracy-Incorrect totaling and other clerical errors can cost you hundreds or thousands of dollars a year. Here are a few of the ways that time clock software can start saving your practice money. Employees punch in and out on computers or mobile devices, which allows you to total payroll hours with the click of a button, whenever you want. Time clock software can drastically reduce the administrative burden of preparing payroll by automatically totaling and reporting employee hours. That time can be spent on growing your business instead of getting lost in the details of payroll. Have you ever been reviewing timecards only to find that you can’t even read half of them? Following up with each employee to decipher the person’s handwriting is a real waste of your time. Depending on how many hourly employees you have, collecting and totaling timecards while calculating overtime by hand can take hours every pay period, and that’s assuming you can read them. Let's face it, paper timecards take a lot of time to manage. In this article I’ll discuss five reasons for switching from paper timecards to software-based employee time tracking-save time, save money, simplify paid time off (PTO) tracking, stay compliant with labor laws, and worry less about payroll. Not using it means that you’re missing out on substantial time and money savings for your practice. While thousands of dental offices are still using paper timecards and punch machines to track employee hours, quality time clock software is readily available.
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