Can A Fingerprint Time Clock Eliminate Attendance Fraud?
Payroll fraud and attendance activities are a common occurrence. Even when companies enlist the help of ID badges and secret pin codes, it’s estimated that attendance fraud costs employers more than $400 billion dollars in lost productivity each year. Thankfully, with the installation of a biometric fingerprint attendance system, employers are recuperating lost money usually wasted on deceitful activities.
What Exactly is Time Fraud
Payroll fraud occurs when an employee accepts payment from their employers for time they haven’t worked. Also known as attendance fraud, this phenomenon can manifest itself in various forms including buddy punching, taking excessively long breaks from work and employees being dishonest about their hours. MinuteHound’s biometric fingerprint attendance system put a stop to all of these simultaneously. Since employees need to touch the scanner to verify their identity, it’s impossible for co-workers to cover for one another.
MinuteHound’s biometric fingerprint attendance system functions on biometric technology. It functions exactly like a conventional time clock, except your employees provide an added level of security through fingerprint verification, thus eliminating the possibility of attendance fraud. Every time your employees enter or exit the workplace, they scan their fingerprints to track their attendance.
How Does it Compare to Traditional Time Clocks?
MinuteHound’s biometric fingerprint attendance system captures employee’s distinct fingerprint characteristics to identify them. Not only is it customizable to match your specific requirements, but a biometric fingerprint attendance machine can’t be lost or tampered with and employees must be present to punch in and out. A MinuteHound’s biometric fingerprint attendance system is easy to install. Simply plug in the USB into any computer in your office and register your employees. There are no learning curves to master or training sessions to sit through.
MinuteHound’s biometric fingerprint attendance machine offers the following advantages:
Accuracy: Each fingerprint is unique, so it can’t be duplicated or forged. A biometric fingerprint attendance machine offers employers a more accurate way to track employee attendance. MinuteHound’s biometric fingerprint attendance system then converts the fingerprints to a numerical code, which is safely stored in 128-bit encryption.
Increased ROI: By transitioning to a biometric fingerprint attendance machine, businesses will have an increase in their ROI by eliminating time theft, buddy punching and payroll fraud. Furthermore, human error simply doesn’t exist as there are no paper time sheets to complete.
Regardless of your physical location, MinuteHound’s biometric fingerprint attendance system is so precise, it allows you to verify your employees presence at work. In addition, you are also able to set up alert system via text message or email. MinuteHound’s biometric fingerprint attendance system brings the workplace up to a level of impeccable efficiency. By quickly and accurately capturing employees’ punches, fraud is nonexistent. Now is the time for your business to adopt a biometric fingerprint attendance machine as the solution to time theft and payroll and inaccurate time sheets.
No training required. No Learning Curves. No Long Term Commitments. No Inventory.
MinuteHound Biometric Fingerprint Attendance System.
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Call (800) 351-7237 MinuteHound today!