Magazine article The CPA Journal

The Value of Time: Why to Use a Time and Attendance System

Magazine article The CPA Journal

The Value of Time: Why to Use a Time and Attendance System

Article excerpt

workplace solutions

In any business, the biggest requirement for growth is having time to dedicate to it. There are a number of ways that a time and attendance system can help grow a business:

* Time is money. One of the biggest advantages of a time and attendance solution is that it saves time when payroll is prepared. For accountants that provide payroll services, this can boost the volume of business they handle, because less time is needed to process payroll for each client.

* Getting it right on time. A key to providing a consistently high level of quality is having the right data. Implementing a time and attendance solution ensures that data are electronically tracked, and helps limit the possibility of error in data entry and classification of employee time. Employers want to be sure employees are paid accurately.

* Flexibility, Time and attendance solutions can come as a stand-alone module, bundled together with other services, or implemented and integrated with legacy systems. Many of the available time and attendance solutions can integrate directly with a payroll solution, ensuring that data are exported into the payroll system seamlessly. …

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