SaaS Employee Time Tracking – Does it Pay?
As today’s economic challenges continue, winning companies stay profitable with cost-effective solutions.
Time Tracking with SaaS
When it comes time to scheduling and tracking your employee’s labor, a new generation of Software-as-a-Service (SaaS) solutions helps reduce operating costs and improve the effectiveness of staffing and labor management.
Traditionally, “on premise” or licensed employee time and attendance solutions mean a company must invest in costly hardware systems, and require sophisticated technical skills to fully deploy and utilize them.
Pay-As-You-Go
Today, SaaS solutions like Attendance on Demand offer a pay-as-you-go subscription pricing model to pay for software incrementally, based on actual usage levels. This represents a cost savings over having to pay upfront for a perpetual software license that may not be utilized right away because of long deployment cycles or slow user adoption.
Eliminating upfront perpetual license fees works to reduce financing requirements.
Real Savings
Attendance on Demand automated employee time tracking solution provides additional savings:
- No costly license or software upgrades.
- Reduced costs related to IT servers, infrastructure, support, version control.
- Reduced data entry and time card calculation errors.
- Reduced time spent handling paper time cards, re-keying pay period totals, interfacing with payroll.
- Less chance of retroactive calculations and error correction process.
- Less chance of costly over- or under-staffing levels.
SaaS time tracking solutions like Attendance on Demand are also easier for a mobile workforce. Workers clock in/out using just a web browser for anywhere, anytime accessibility.
Employee Self Service features further reduce administrative costs by encouraging workers to check balances, manage time off requests and other tasks themselves. |
