MinuteHound has developed new software that assists small businesses with payroll accuracy today that will help them in the short and long-term
New York, NY (PRWEB) January 16, 2014
In today’s economy, small businesses are working harder than ever before to compete and keep up with the giants in the industry. Unfortunately, they are losing money in the process due to inaccurate payroll practices. Because of this, it is often impossible for them to face the competition and make a mark in the world of business.
With the release of MinuteHound’s newest time clock software, companies can effectively end these bad payroll practices. Aside from that, it provides a unique way to manage staff and helps to develop new strategies to increase employee efficiency.
A Unique Technology
In order to help small businesses handle their payroll more accurately, MinuteHound utilizes an improved biometric fingerprint technology that allows employees to clock out and in with a simple swipe of their finger. This effectively helps eliminate fraud when it comes to the number of hours that an employee has rendered services.
This also helps small businesses pay their employees accurately using the number of hours that they have worked thereby eliminating payroll errors. MinuteHound’s innovative system keeps track of time through the use of the Internet.
This is a fresh approach that many small businesses are using in order to accurately handle their payroll and stay afloat. With a simple swipe of their thumb or finger on the scanner, an employee can check in or out in less than a second. This information is then transferred offsite with the use of secure 128-bit encryption.
A state-of-the-art system helps improve accuracy. This is not the case when a company utilizes an old fashioned time system. This is because employees tend to spend a lot of their time calculating hours and filling out payroll sheets.
What is worse is that some employees take advantage of this system in order to increase the number of hours that they have worked when, in reality, they were absent or took a break. This in turn results in a huge increase in payroll accuracy that not only affects the company’s revenue but also the way they perform business.
Fortunately, payroll accuracy can be achieved with MinuteHound. This is because managers and bosses know exactly who is present and who is not. Aside from that, this streamlined process allows more accessibility and ease for everyone who is working in the payroll department.
When the time has come to do their job, all of the information is neatly arranged in front of them. There is also no need to collect timesheets from other departments. Employees also do not need to spend hours figuring out if an individual was present or not.
The Bottom Line
Quickness and efficiency are the keywords of small businesses in the 21st century. MinuteHound’s new system responds to these needs in a convenient way. Throughout the process, MinuteHound’s new fingerprint clocking system makes it easier for small businesses to do payroll accurately thereby increasing both their revenue and employee productivity while minimizing losses.
MinuteHound Contact Information
Phone: (800) 351-7237