Technology has played a crucial role in helping manufacturing companies improve their timekeeping processes. With the arrival of advanced systems and tools, it has become easier for these companies to track the time spent on various activities and tasks, resulting in more efficient and streamlined operations.
The Impact Timekeeping Has on the Business
When timekeeping isn’t done properly or accurately, it will inevitably have a trickle down effect on other important areas of the business. The first and most obvious is payroll. If time isn’t captured properly and most of your workers are hourly – as they largely are in the manufacturing industry, the payroll is not not going to be correct and messy changes after the fact will have to take place. Of course these issues also affect regulatory compliance, which is an even larger problem. Additionally, when time isn’t captured properly, it’s far more difficult to plan properly for employee time off and overtime, build new teams or even accurately engage in predictive analysis for operations.
And finally, poor timekeeping that creates extra work can take away from other valuable activities for an HR team, such as planning benefits, creating training programs and other strategic measures. Another thing that takes a toll is the company reputation among its staff. No company wants to be perceived as out of touch or inaccurate with its employees, because it breaks down trust and potentially the ability to retain or recruit good workers.
Not Your Father’s Time Clock
One of the key ways that technology can help with timekeeping in manufacturing is through the use of time clocks and attendance systems. These systems use biometric data such as fingerprints or facial recognition to track when employees arrive at work and when they leave. This allows for a more accurate record of employee attendance, which can be used to calculate payroll and other important metrics.
Going a step further, technology has evolved to offer an all inclusive software system that brings the clock in and clock out features together with other important HR processes such as scheduling, time off, overtime and even skills to build specific teams to complete tasks, all available in real time. Such HRIS tools in the manufacturing settiing allow for better visibility into the operations of the company, allowing leaders to make more informed decisions about how to allocate resources and improve efficiency.
Overall, technology has played a crucial role in helping manufacturing companies improve their timekeeping processes. With advanced systems and tools, these companies can track employee attendance, monitor the progress of tasks and projects, and make more informed decisions about how to allocate resources and improve efficiency. As a result, technology has helped manufacturing companies become more productive and efficient, leading to improved bottom lines and better outcomes for all stakeholders.
Are you ready to take your timekeeping to the next level? Axiom Human Resource Solutions provides a one-stop solution for all human capital management needs, to take the time and stress out of recordkeeping and save costs by creating efficiencies throughout your organizations. Contact us at email@example.com today for a free demo and to learn more.