Boost Efficiency With Time Tracking Software - PowerPoint PPT Presentation

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Boost Efficiency With Time Tracking Software

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The strength of any business is often dependant on its most valuable of assets: employees. What they do when they are at work, where they put their energy and what they are strongest at doing can all be important factors in determining the success of the company. – PowerPoint PPT presentation

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Title: Boost Efficiency With Time Tracking Software


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Boost Efficiency With Time Tracking Software
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  • The strength of any business is often dependant
    on its most valuable of assets employees. What
    they do when they are at work, where they put
    their energy and what they are strongest at doing
    can all be important factors in determining the
    success of the company.
  • For this reason, it makes sense for businesses to
    track and understand the time that the workforce
    spends on projects, deadlines and billable client
    hours. Research has also shown that time tracking
    systems can be a great help in increasing the
    productivity of employees, not to mention helping
    companies to create an overall shift in
    efficiency and strategic planning.

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  • Here are a few of the benefits that can arise
    from having a time tracking system in place
  • Payroll errors can be avoided
  • Payroll information that is entered manually into
    the system, can often lead to costly mistakes
    being made. Over time, these errors can build up
    and cost a company dearly. However, when you use
    time tracking software (or the company that you
    outsource payroll to, use the time tracking
    software), time and attendance will be recorded
    accurately and make payroll more productive.

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  • Daily operations can be improved
  • With a time tracking system in place, employees
    are encouraged to better manage the time that
    they spend on projects. The managers of each
    project are given a more accurate understanding
    of why and where delays might have occurred,
    giving them the data to come up with a more
    effective strategy moving forward, and to better
    estimate the time spent on such projects in the
    future.
  • Its important to recognize that employees dont
    spend their entire day in the workplace, working
    and that while they may take legitimate breaks,
    they may also waste a lot of their paid time
    taking unofficial breaks or browsing the
    internet, for example.

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  • Time tracking systems can help to subtly enforce
    the idea of being at work and what it means,
    without the annoyance of a manager of supervisor
    looking over their shoulder. If youre the
    business owner and are paying your employees, of
    course, you want them to work effectively, but
    you must also understand that they need to feel
    comfortable and confident while at work,
    otherwise they simply wont be as productive.
    Time tracking systems gives them the feeling of
    independence that they doubtless crave, while
    also enabling them to better invest their time,
    and not waste yours.

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  • Time theft and payroll abuse can become a thing
    of the past
  • Time can be stolen from a business in a variety
    of different ways, from buddy punching to the
    fraudulent filling out of timesheets, and when
    added up at the end of each financial year, can
    end up costing a company hugely. However, with
    time tracking software, these errors are wholly
    preventable and employees working hours can be
    seen in real time.
  • Companies that use time tracking software, or who
    outsource their payroll to firms who use them,
    will undoubtedly decrease the time spent on
    manual data entry and cut down on human errors
    tenfold. Employees should also feel comfortable
    using a time tracking system and may even feel
    more secure in their positions since time
    tracking systems can help their daily working
    lives improve.

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  • Apollo Payroll is one of the premier small
    business payroll companies in Miami Beach and
    Coral Gables. Apollo Payroll is dedicated to
    delivering expert advice, responsive service, and
    highly accurate payroll processing and reporting
    to ensure the success and growth of the business
    that we serve. Our services include comprehensive
    payroll service in Miami and other cities in
    Miami-Dade County, employee background check and
    group health insurance in Coral Gables Miami.
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