Whether you’re a small business or a large organization, you understand how important accurate timekeeping is to your company’s bottom line.
Chances are you have implemented some form of a time tracking system whereby employees clock-in and out at the beginning and end of their shift. However, without a truly effective biometric fingerprint time attendance tracking solution in place, your company could stand to pay out thousands in unearned payroll.
While rounding up hours and human error can account for some payroll overpayments, the greatest factor contributing to a higher than necessary payroll is employee time theft due to ‘buddy punching.’
How to Prevent Time Theft
One of the most effective tools your company can invest in to combat buddy punching is to implement a Biometric Fingerprint or Face Recognition Time Clock in combination with a time and attendance software solution. By having employees use their unique fingerprint, facial features to clock in or out, you have a virtually foolproof way to track your employees’ attendance accurately.