Time and Attendance Solutions Overview
Number of
Employees
-


10

25

50

100

500

1000
Either Solutions Will . . .
  • Drastically Reduce YOUR Payroll Department's  LABOR and OVERHEAD Costs

  • Drastically Reduce or Eliminate YOUR Payroll Department's HUMAN ERROR Costs

  • Drastically Reduce of Eliminate YOUR Organization's TIME THEFT Costs

  • Drastically Reduce or Eliminate YOUR  Payroll Department's ROUNDING UP Costs

  • Produce a Rapid & Positive RETURN ON INVESTMENT
Is your business or organization still tracking and tabulating time and attendance manually? 

It's been proven in countless studies that this labor intensive approach to Time and Attendance management is not only adding unrecoverable overhead expense to your operation but  is also costing your organization potentially $100's of thousands of dollars through miscalculations, theft of time and rounding errors!   The days of manual timekeeping are gone.
Labor
Savings
1


$541

$1,354

$2,708

$5,417

$27,083

$54,167
Human Error
Savings
2


$2,600

$6,500

$13,000

$26,000

$130,000

$260,000
Time Theft
Savings
3


$650

$1,625

$3,250

$6,500

$32,500

$65,000
Rounding Time Savings
4


$2,656

$6,640

$13,281

$26,563

$132,813

$265,625
Estimated
Ann. Savings
5


$6,447

$16,119

$32,239

$64,480

$322,396

$644,792
Return on Investment Illustration
These examples are based on WEEKLY payroll frequency
and an average hourly wage of $12.50
1.  Studies show that manual totaling of time cards take approximately 6 minutes per card, per pay period.  In this example we used a savings of 5 minutes per card, per employee, per pay period to determine savings.
2..  This factor relates directly to the mis-calculation of time when manually computing time cards.  studies have shown this to be in the range of 1 to 8%.  In this example we use a conservative factor of 1%.
3.  Time theft is defined as extended lunches, breaks, tardiness, late starts, early departures, intentional missed punches, manual clock resets, etc.  Our system recaptures this time theft based on programmed auto rounding and restrictions established by you and pre-programmed into the clocks.  To calculate this lost time, we assumed a conservative 6 minutes each day (1/2 hour per week).
4.  In order to simplify manual time card tabulations, minutes are often rounded up to the net quarter hour.  In this example we use a conservative 5 minutes per employee, per pay period.
In response to this need, we offer two "seamless" automated and extremely affordable solutions to employee Time and Attendance Management, Labor Management, Labor Distribution Tracking and Employee Scheduling.  Both solutions, ABC's Simple Time or our more robust offering, ABC Web Time, provide cost-effective , fully integrated, easy to use systems that will provide a postive Return on Investment in just a few short months.