La Exactlly Software Pvt. Ltd.
Home  /  Exactlly HRMS  /  Time-tracking Software and HRMS: A Marriage Made in Heaven
Time-Tracking-Software-And-HRMS-
02 November 2016

Time-tracking Software and HRMS: A Marriage Made in Heaven

Exactlly HRMS Employee Time Tracking, Human intervention, Human Resource Management Systems, Time-tracking program, Time-tracking software, Time-tracking system, Workforce administration 1 Comment

In most organizations, employees’ salary forms the biggest chunk of expenses.  Therefore, it is extremely important to keep a track of employee attendance and productivity.

Time-tracking software enables an organization to improve the accuracy and reliability of attendance information.  The information, thus collected is interlinked with HRMS to generate payroll.

There are heavy consequences for an organization if the data collected is inaccurate and unreliable. It results in payroll errors, low profit, and non-compliance. It also reflects nonchalance on your part leading to reduced employee morale.

Automated time-tracking helps you to minimize the burden of HR administration, save time and cost.

Data collected by time-tracking software is not only useful to generate employee payroll; it is further utilized by HRMS to measure employee performance, commitment, and dedication. This, in turn, assists you to decide upon employee promotion and responsibility.

Circumvent Manual Data Collection:

Manual data collection about employee attendance, entry, and exit time is a lengthy task and an exercise prone to errors.

This method of data collection can be misused by employees. Even honest employees can commit mistakes in recording data. The information collected is then entered into the HRMS system for further processing.

Address Attendance Concerns in Real-Time:

The time-tracking program helps the inaccurate collection of employee attendance data in real-time and it is interlinked with HRMS software.  The information can be instantly viewed by HR executives to address attendance issues before it is too late.

Compute Accurate Payout:

An automated time-tracking system helps you to compute exact labour costs.

It enables HR managers to run reports in the HRMS system to get insight into labour costs. This is important from a strategic point of view because it helps you to understand the health of your business and make cost cuts accordingly.

Empower your Employees with ESS:

Time-tracking software empowers employees to track their punctuality and attendance online. It is common to witness Employee self-service (ESS) functionality in time-tracking software and HRMS.

Employees can fill their timesheets online at their convenience and take complete ownership of their attendance data.  ESS marks shared responsibility between employee and employer and improves organizational culture.

Information gathered by the system is sent for approval to supervisors.  Post-approval, information is processed by HR executives to compute payroll.

It eliminates the need for manual data entry.

Steer Clear of Human Errors:

Delay in salaries is often witnessed in organizations especially where human intervention is more time in payroll computation.

Automated system dodges human-generated payroll errors and saves time and cost. It helps to improve the productivity of the HR administrators so that they can concentrate more on strategic issues.

Conclusion: Integration of Time-Tracking Software and HRMS Boosts Productivity:

With regards to extensive workforce administration, the integration of time-tracking software and HRMS minimizes the level of data interaction between humans and systems. This results in the delivery of accurate information and increased employee productivity.

It helps to process accurate payroll. Employee time and attendance information can be collected and analyzed in real-time. It saves a lot of processing time, cost, and minimizes the risk associated with inflated human resource expenses. Feel free to Contact Us and get a Free Demo.

Related posts:

  1. Global Studies Explore Cultural Impact on HR and Technology Adoption: A Singaporean Perspective
  2. Using an HRMS to Respect Hierarchy at Work
  3. How to Track Employee Expenses with HRMS
  4. 5 Ways Modern Businesses Conduct Their Human Resource Management
Reduce-Cost_with-Cloud-HRMS-Implementation
 Previous Article Reduce Cost with Cloud HRMS Implementation
Sales-Order-Process-Management-In-ERP
Next Article   Sales Order Process Management in ERP

Related Posts

  • reduce employee turnover

    Reduce Employee Turnover Effectively With HRMS Software

    December 15, 2021
  • human resource management system

    10 Functions of Human Resource Management System for 2022

    November 30, 2021
  • hr management software

    How to pick the perfect HR Management Software for an Organization?

    November 19, 2021

1 Comment

  1. Sarah Jason Reply to Sarah to Sarah Jason" aria-label=' Reply to Sarah to Sarah Jason'> Reply to Sarah
    November 29, 2016 at 11:01 am

    Awesome information about time tracking software. It helps in data collection and also has many features and also the techniques provided in this were really useful.

Leave a Reply

Cancel reply

Quick Access

GST
Transitioning under the GST Regime
Applying for a Fresh Registration under the GST Regime
GST Registration Basics – All You Need To Know
Setting Off Input Tax Credit Against Tax Liability
Basics For Availing the GST Input Tax Credit
When Can You Not Avail of Input Tax Credit?
Input Service Distributor as a Positive Boost to the GST
Basics of Input Tax Credit and Its Distribution
Differences between GST and Current Tax Regime
Highlights of the GST Model Law
All You Need to Know about GST
The GST Era – Changes To Bring With Your GST Product
What You Need to Know About Union Territory GST
Read More GST Blogs

Categories

  • Thoughts
  • News & Announcements
  • Exactlly ERP
  • Exactlly HRMS
  • Exactlly CRM
  • GST

Recent Posts

  • What do we need to know about the Global Cloud ERP Market?
  • Reduce Employee Turnover Effectively With HRMS Software
  • Measuring the Potency of Cloud ERP Implementation Methodology
  • 10 Functions of Human Resource Management System for 2022
  • Understanding the Landscape of Integrated ERP Systems in the Future

Popular Posts

Social Media

Copyright © La Exactlly Software Pvt Ltd. All rights reserved.