With the emergence of web based time and attendance solutions, Financial Institutions can take advantage of automated time and attendance solutions without the use of the traditional time clocks. Banks usually had their employees report time on a timesheet which was given to their manager for approval. Once the timesheet was approved, the timesheets were delivered to the payroll department, which was responsible for keying the hours into payroll to produce checks. This manual process was time consuming and prone to errors and delay in payroll processing.

With NETtime, various banking and financial institutions are able to streamline the entire time and attendance process. These companies are collecting employee time using a PC or telephone that is electronically sent to their payroll solution. This punch to paycheck solution reduces the time to manually track, collect and calculate the employee’s time. It also reduces errors and increases overall productivity. The data that is collected and calculated can be uploaded directly into the payroll solution, eliminating the need to manually enter the employee hours into payroll.

In addition to being able to collect and calculate the employee’s time, NETtime offers employee self service features to further reduce time and increase productivity. These self service features include;

• Visibility to employee’s hours worked
• Visibility to employee’s schedule, both current and future
• Ability to request time off
• Ability to track the requests for time off
• Visibility to employee’s accrual balances such as vacation, PTO and sick

If you are not one of the thousands of companies that are saving money and time using NETtime, give us a call today. We will show you how your company can save 1% - 3% of your payroll dollars every year and gain 80% of your time back by not having to manually collect and calculate employee time.

NETtime Solutions is a proud member of the American Bankers Association www.aba.com