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Read More >Easy-to-Read Time and Attendance Reports: Making Sense of Workforce Data
- nettime solutions staff
Data is like hidden money. When we stare down a spreadsheet, somewhere in those columns is an indicator on how to make money or save money. But data, unto itself, is brain-dead.
Take time and attendance data as an example. Your employees clock in/out. Your supervisors sign off on time sheets and pass the information onto payroll for processing.
There’s a lot of information in those steps: number of hours, time to approve, and payroll costs. Yet, many companies lack the capability to “mine” that data. An advanced time and attendance system can bring “gold nuggets” of information to light.
An advanced time and attendance system compiles data and turns it into easy-to-read reports. This includes color graphics such as pie charts and bar graphs, as well as other visual indicators (such as icons) that appear on screen.
Let’s say a large number of employees clock out early on the day a big order comes in. Or conversely, the day a big order comes in, everyone clocks out late pulling in gobs of overtime. Are you overstaffed or understaffed?
If your managers have easy-to-read time and attendance reports, they can better identify patterns in the workforce data analysis.
Additionally, an onscreen visual scheduler can help your shift supervisors see –– at a glance –– that breaks and meals are being taken. This intuitive reporting helps your company comply with regulations and increase employee satisfaction.
But a key performance indicator for one company may be meaningless to another shop. Which is why an advanced time and attendance system is also customizable.
A real-time time and attendance system captures quality data and transforms it into easy-to-read reports –– empowering your managers to make better decisions.