The Benefits of Using Time and Attendance Software
Our Teamspirit Time & Attendance software has been designed to operate as part of a fully integrated system alongside Teamspirit Payroll and HR. Although functionally rich in its standard form, the flexibility of Teamspirit Time & Attendance means that it can be customised to meet any client specific requirements making it an ideal solution for clients with particularly individual needs or processes.
Teamspirit Time & Attendance provides a user-friendly system that allows you to manage your workforce in terms of multiple shift patterns, calculating overtime, tolerance rules, absence monitoring and cost centre transfer. When used in conjunction with Teamspirit Payroll and/or HR, a single database allows information captured in Teamspirit Time & Attendance to be processed quickly and easily avoiding duplicate data entry and improving data integrity.
The Benefits of Using Time & Attendance Software
The benefits of using a Time and Attendance system, particularly one that is fully integrated with additional business functions such as HR and payroll, should not be underestimated. In addition to assisting with the management of multiple shift patterns through use of clocking or similar recording methods, a Time and Attendance system can be used for much more. For example, automated costing of an employee's time in terms of basic hours, overtime hours at various rates and shift premium payments. The system can also be used for acurrate calculation of overtime/rest day working hours and the checking and approval of this information prior to transfer to payroll. The provision of accurate working hours data for flexible/annualised hours schemes, as well as accurate working hours in 'work as required' environments ie: not fixed working patterns or 'casuals'.
Implementation of a proven Time & Attendance system will also allow the control of employee hours to be distributed easily to line managers giving them tighter control of their immediate workforce. Another major benefit is the provision of accurate data for 'working time regulations' monitoring to ensure conformance with legislation. In specific environments such as care homes or where 24/7 cover is required, a Time and Attendance system provides easier management of 'work life balance' environments where contracts are often tailored to employees' specific circumstances.
Have you also considered that implementation of a Time and Attendance system could assist you to monitor employee attendance and reduce staff absence, the biggest cost to UK businesses today? It can help to standardise rules relating to attendance and absence payments across the business and eliminate local informal arrangements. Similarly, Teamspirit Time & Attendance can provide real-time tracking of 'who's in' and 'who's out' information. Access to this type of information will allow you to plan your resources ensuring that adequate cover is maintained at all times for optimum company operation. Furthermore your Time and Attedance data will give you the ability to analyse costs by selected criteria such as, division, department or job, allowing you to effectively manage your costs and cross transfer to the appropriate areas of your business. It could also help you to recognise where cost savings could be made. All of this functionality can assist your HR and payroll departments to become more efficient; by automating often labour intensive processes, the administration time and costs associated with dealing with multiple shift patterns, holiday and overtime etc can ulitmately be reduced.
For a complete list of the functionality and additional benefits provided by our Teamspirit Time & Attendance Software, please download a copy of the factsheet.