New York, NY (PRWEB) February 26, 2014
Time theft occurs when employees are guilty of falsifying information on timesheets and basically stealing time, for which they are paid but did not work. One way to minimize this risk is to implement MinuteHound Time Clock, a web-based time reporting system that allows any sized organization, with one or multiple locations, to effectively track employee time and attendance real-time. This revolutionary tool uses biometric fingerprint technology to uniquely verify an employee's capacity for work.
As humans, there is the occasional tendency to either be absent or tardy for work. Buddy punching is when an employee has a colleague clock in on his or her behalf during a period of absence. Alternatively, an employee may arrive on time, sign in, and not begin performing responsibilities first thing in lieu of water cooler talk, breakfast or a bio break. For employees working on a timecard system, improper time reporting can quickly come to management attention. To the employee, this may not seem like a serious offense. However, to the aggregate organization buddy punching and schedule exceptions cost the average business 5% of total payroll. The common person understands the nature of crime and accepts moral responsibility. Why is it easy then to cheat an employer of productivity?
MinuteHound Time Clock is simple to implement. The employee attaches the USB biometric fingerprint scanner to a workstation computer having an Internet connection. The computer essentially becomes the clock-in terminal; however, it is is not required to serve as dedicated. The employee punches in and out by physically laying a finger to the scanner. Patented technology does not save the fingerprint, meaning that the employee is not at risk of identity theft.
The employer is able to register the employee and track all activity from a computer with an internet connection. Once the employee is registered, MinuteHound Time Clock begins running in the background of the employee's workstation, with no interruption to the worker. All data is transferred to the cloud using 128-bit encryption. Managers can login via their smartphone/tablet and check on employees using real time status. Managers can also elect to receive emails reporting schedule exceptions.
MinuteHound Time Clock brings great value to a business. It eliminates employee theft by using fingerprint technology to record an employee's time. It can handle the data for small, medium and large organizations and those with a large workforce volume. Money is saved through reduced efforts to manage payroll and human errors in recording and tracking time. Automated reports of detailed time are available, saving analysis time. Data can be exported to popular auditing systems. Employees are also able to access the online system to check their own electronic time cards.
MinuteHound Contact Information
Phone: (800) 351-7237