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Rampant Time Theft:
It is very easy for employees to report time on their
time sheets they did not work, and then get paid for working
that time! Such time theft if dramatically reduced with time
sheet software. |
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Inaccurate Finished Payroll:
Even an honest employee can be underpaid or
overpaid when payroll cannot read the employee’s handwriting,
the employee makes an honest error, or payroll makes computation
errors. These are not issues with time sheet software. |
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No Benefit Time Accruals: A time sheet cannot track vacation,
sick and other benefit days while time sheet software will track
both earned and used benefit days. |
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Unauthorized Overtime: Payroll cannot tell from a paper time
sheet if the employee was authorized to work the overtime he
or she claims, while time sheet software reports if the employee’s
overtime was authorized. |
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Automatic Computations and Rounding: Manually computed time
worked from a time sheet is labor-intensive and error-prone.
Time sheet software does all the math and applies rounding uniformly
and automatically. |
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Allocated Labor Costs: Some time sheet software enables employees
or their managers to allocate time worked by location, project,
customer, product line or any other criteria so labor costs
can be accurately allocated or billed out to customers. |
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Remote Access: Employees in the field–such as sales
reps and technicians–or knowledge workers at client locations–such
as consultants, attorneys, accountants and engineers–can
log into their electronic time sheets from any location any where
in the known world 24 hours a day. |
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Employee Scheduling: Time sheet software also often includes
scheduling and other modules to help managers better manage
their most valuable resource, their people! |
