Time tracking sounds like a smaller job than it is. Time tracking is not as simple as recording how many hours each employee works. It also involves scheduling, tracking overtime, managing paid time off, and maintaining compliance with labor regulations.
Time tracking management is a time-consuming, labor-intensive process, and mistakes can be costly. Many small businesses choose to outsource time tracking to save time and money. Here are some of the time tracking functions Expert Payroll LLC offers.
Many companies are moving away from a manual time clock that simply records the time employees punch in and out. Software that tracks time and attendance captures and records more data and prevents fraud. We offer this service through automated time clocks, mobile devices, and computers.
Our time tracking software tracks:
- Who is late or absent
- Time in and out
- Total hours worked, including remote hours
In addition, this software prevents timecard fraud because users must be logged in to track their hours. This eliminates “buddy punching” that is so easy with a manual time clock. Our time tracking software provides another layer of accountability for your employees.
Manually creating schedules is time consuming and prone to errors. Our time tracking software allows business owners to create and manage schedules. The software speeds up the scheduling process, highlights gaps and errors, and prevents overstaffing.
Businesses may select software that sets scheduling rules, such as setting a maximum number for consecutive workdays or daily hours. Another option provides an overview of scheduling costs. Owners may also choose interactive scheduling that allows employees to provide their availability, swap shifts, and see manager requests online.
Our time tracking services automate and track management data, freeing up time that could be better spent focusing on your business. Some functions include:
- Paid time off requests and approvals
- Vacation time tracking
- Maintenance of paid sick leave balances
Our time tracking services also help keep businesses compliant with labor regulations such as the Fair Labor Standards Act (FLSA). We can classify employees according to the FLSA and track who is approaching overtime. Business owners can see the potential overtime costs and make scheduling adjustments as needed.
One benefit of the time tracking services we offer is that all timecard data automatically sync with payroll. Some of the features we offer include:
- Calculating hours worked, including overtime and meal breaks
- Application of pay rules
- Timecard approval for payroll
Automating these features means that businesses no longer need an employee dedicated to manually sifting through timecards, making the necessary calculations, and approving each one. Automation improves productivity and reduces the chance for errors. In addition, Expert Payroll LLC maintains timecard data should your business ever undergo auditing.
Outsourcing the many tasks that go along with time tracking is worth the investment for many small businesses. Turning these tasks over to experienced professionals reduces your administrative burden, saves on labor costs, and allows you to focus on the aspects of your business that you know best.
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