Three Advantages of Automating Attendance Management with Biometric Technology

employees based on their physiological characteristics, eliminates time The business world is rapidly evolving by integrating new technologies to create efficiencies which were once impossible. In Singapore’s modern, competitive economy, where the slightest edge can help you get ahead, many companies are automating their workforce management processes, managing time and attendance of employees using biometric technology. Biometric attendance systems are making their way into both high security private companies and public organisations. Implementing a biometric attendance system in Singapore can help save thousands of dollars annually, due to time saved on payroll management and time theft. Check out these advantages of biometric technology and determine whether it’s right for your organisation.

1. Prevent time theft:Time theft by employees has direct and indirect impacts on your company. In fact, employee time theft costs billions annually in lost productivity. Nearly half of your employees will do their tasks in 75 percent of their shift timing. A recent study has found that employers using a biometric time attendance system experience only three percent of their employees attempting time fraud. It eliminates buddy punching’ so employees can’t come late or leave early. Switching to a biometric system can prevent your employees from "stealing time", and ultimately prevent time theft.
2. Increase employee productivity and accountability:Eliminate the process of manually recording employee attendance and time records. Biometric verification and attendance system can decrease staff overhead and provide accurate labour records to the payroll department. All these things lead to the effective business operations. A biometric attendance system helps employers to identify employees who go on unscheduled breaks and absenteeism and will help to require attendance at the worksite. If you need to ensure employee accountability, biometrics is the answer.
3. Increase accuracy and decrease errors:Many companies in Singapore are still using badges and cards for employee logins. In case of misplaced cards or badges are lost, then HR department will have to spend time re-issuing them. With a biometric time attendance, managers also save time in workforce management as they will not have to spend time manually recording employees’ attendance. With a simple set up and instalment, and no need to issue new tracking devices, payroll can save time in maintaining time keeping of employees. This will eliminate errors, increase accuracy and ensure that complex payroll processes are being followed with precision.

Building a more productive workforce begins with the automation of attendance management. Biometric technology offers the promise of an easy and secure method for efficient workforce management. It can save money and enhance security at your premise as well as reduce costs. Take time to learn more about biometric technology and whether a biometric time attendance system is the right fit for your organisation. At the end of the day, the goal is to maximise your ROI, so plan wisely and execute intelligently.