Save on Payroll: 12 Benefits of an Automated Timekeeping System
Increasing regulatory and labor requirements is causing your payroll cost to escalate and demanding more time to manage your payroll. Healthcare regulations now require you to understand the number of fulltime and fulltime equivalent employees to show compliance to the law.
While a business cannot control the regulatory requirements or laws, they can understand, control and manage labor cost. An automated timekeeping system provides an effective system to help companies track and manage their timekeeping records to show compliance to labor laws including overtime and size of workforce.