The MinuteHound Fingerprint Time Clock
Have you taken a close look at your payroll expenses lately? Recent studies have indicated that businesses spend well over $1.4 billion on payroll processing. While some of these expenses are due to inefficient timekeeping, much of the extra expense is the result of what’s known in the workplace as time fraud.
Due to the inherent negative stigma on the subject, it’s difficult to know exactly how many people have committed time fraud. Many studies have been conducted on the subject, but not everyone answers honestly. However, it is known that time fraud is a big problem in nearly every industry. According to a Forbes Magazine article that uses data from the Association of Certified Fraud Examiners, at least 27 percent of all businesses are facing this problem right now – and that’s just known cases!
The Answer: Get a Fingerprint Time Clock
A fingerprint time clock is a type of time clock that uses biometric technology. Instead of paper punch cards, employees punch in and out of work with their fingerprint. The goal of this technology is to both make payroll processing more efficient and eliminate time fraud in the workplace. Such systems have been installed in many businesses, and these businesses have enjoyed not only reduced time theft, but lower payroll costs as well!
Access Employee Attendance Data From Anywhere
Because the MinuteHound fingerprint time clock is cloud-based, you can access employee data from anywhere in the world on any wireless device. You can view employee attendance data even if you’re on vacation thousands of miles away.
The MinuteHound fingerprint time clock has an advanced red flag system that alerts you to unscheduled punches. Buddy punching is also eliminated. The system can be set up to send you an Email or text message so that you can deal with the problem.
A Cost-Effective Solution
The cost of installing the MinuteHound fingerprint time clock is relatively small compared to other solutions. Though the actual cost will depend on the size of your business and how many scanners you wish to install, the typical client will pay mere pennies on the dollar, so the system should generate a high return on investment, and in time, it may even pay for itself. Upon installing the MinuteHound fingerprint time clock, you can save between two and eight percent on payroll expenses.
To receive an estimate on how much the MinuteHound fingerprint time clock will cost your business, visit their website at http://www.minutehound.com/price.
If you need more information on the MinuteHound fingerprint time clock, you can view a series of videos here. These videos will give you an in-depth look on how to install and use the MinuteHound fingerprint time clock.
No training required. No Learning Curves. No Long Term Commitments. No Inventory.
MinuteHound Fingerprint Time Clock.
We are confident in our business. Be just as confident in yours.
Call (800) 351-7237 MinuteHound today!