TimeLink Sponsors Aberdeen Report on Evolving Time and Attendance
Research validates importance of automated time and attendance to maximize operational efficiencies
Purchase, NY (PRWEB) April 4, 2008 -- TimeLink, the premier provider of enterprise workforce management (EWM) and data collection solutions, today announced its sponsorship of Aberdeen Group's research benchmark entitled "Evolving Time and Attendance: Foundation for Workforce Management Improvements." The report includes survey responses and interviews from a diverse cross-section of organizations globally, and identifies time and attendance strategies that drive the highest value and greatest benefits.
In the report, Aberdeen's research reveals how the automation of workforce management-related business processes can reduce administrative costs while also increasing operational efficiencies. Specifically, Aberdeen found that organizations that have implemented automated time and attendance solutions have improved the accuracy of time collection, increased revenue per employee, decreased overtime as a percentage of overall labor costs, and decreased their total labor costs.
In addition to revealing current and emerging trends in time and attendance systems, the Evolving Time and Attendance report looks at the common characteristics of Best-in-Class organizations when it comes to collecting, analyzing and acting on time data. It was found that organizations that automate time and attendance data collection, centralize data, integrate multiple systems, and standardize processes for collecting time and attendance enjoy Best-in- Class performance. The best practices outlined in the report mirror the critical success factors that TimeLink identifies for all of its client implementations.
"With a focus on delivering real-time information and maximized payroll accuracy, TimeLink is well positioned to support the types of best practices we have uncovered through our research of Best-in-Class organizations," noted David Weldon, research analyst at Aberdeen Group's Human Capital Management practice, and author of the report.
In supporting some of the world's leading organizations, TimeLink solutions leverage technology to uncover the value of the workforce, streamline existing business processes, and provide tools to enhance productivity. TimeLink's solution set includes: time and attendance, workforce scheduling, employee self- service, and analytics. Open integration standards offer the flexibility to integrate to virtually any ERP or HR/Payroll system. TimeLink also offers a diverse range of time collection technologies to provide flexibility and ensure a consistent fit with your organizational needs, including badge-based devices, biometrics, touch-screen, mobile/wireless, and IVR.
"Aberdeen's research reinforces the value of deploying a workforce management solution like TimeLink," stated Edward M. Rizzo, Jr., CEO and President of TimeLink. "The best practices outlined in Aberdeen's report are consistent with TimeLink's vision for enterprise workforce management, which includes process standardization, systems integration, and real-time visibility to mission critical information."
As a sponsor of the Aberdeen time and attendance report TimeLink is offering complimentary copies of the research report. Please visit: http://www.aberdeen.com/link/sponsor.asp?cid=4641.
About TimeLink
TimeLink is the premier provider of enterprise workforce management and data collection solutions that enable organizations to both enhance employee productivity and leverage their investment in technology. Its powerful application functionality includes: the most robust employee time and attendance calculation engine available, leave management, benefit accruals, employee scheduling and labor activity tracking. TimeLink also offers products that can directly integrate base data with existing mission critical systems, such as an Enterprise Resource Planning (ERP) system.
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