Benefits Offered by the Mitrefinch Biometric Clock
Modern innovation and technology have led to quite a few advancements that help businesses grow, develop and reach higher levels of productivity. One type of technology many businesses have begun to use is biometric technology. Biometric based attendance and time terminals are becoming more and more popular due to the many benefits they offer. Since the biometrics terminals read each employee’s unique fingerprint, hand shape, iris or face shape, they ensure employees are unable to clock in for one another, preventing cases of employee time theft.
Some of the other advantages of biometrics for time and attendance in the workplace can be found here.
Elimination of “Buddy Punching”
As mentioned above, one of the biggest benefits of biometrics for attendance and timekeeping in a business is that employees will be unable to clock in for one another. This type of time theft can cost some companies tens of thousands of dollars (or more) each year. Biometrics characteristics are unable to be duplicated, which prevents employees from punching in another co-worker when they aren’t in the building.
An Accurate Option
Since biometric credentials are unique for everyone and are unable to be duplicated or forged, biometric identification is the most accurate option to identify an employee. This type of technology will help business’s accurately track employee attendance and time. The benefits of biometrics for accuracy don’t stop there. With this technology in place, it will also eliminate cases of leaving early, arriving late or unauthorized overtime.
With biometric clocks in place, the need to keep time manually is eliminated. This saves employees time, reduces staffing overhead and provides an accurate picture of labor data to the payroll department. This helps to effectively manage the overall business operations and will lead to an increase in productivity.
Increased Return on Investment (ROI)
When a company implements the use of a biometric time clock, it will help it achieve a positive ROI. This is done by eliminating employee theft, eliminating buddy punching and a number of other problems caused by loopholes and inaccuracies in the older types of attendance and timekeeping systems. These old systems cause many businesses to lose quite a bit of money, year after year.
Increase Employee Accountability Thanks to Audit Trails
One of the less known advantages of biometrics for time and attendance tracking is the audit trails they create. With these systems in place, employees are forced to be accountable for the actions they make. Since employees are able to be easily identified and held accountable for taking extended or frequent breaks, unscheduled lunches or other misuses of their time, productivity will be increased significantly.
Enhanced Job Satisfaction
There are some situations where employees must work overtime to address unusual situations. However, putting in hours and hours of overtime, all the time, can wear down even the most dedicated and enthusiastic workers. This is especially true if the employee is unsure whether or not all their hard work is even noticed. When used properly, a quality biometric time clock will allow employers to know of excessive overtime situations and make changes accordingly to balance the workload. As a result, the employees don’t feel as though they are overworked. When overtime is required, they will also have confidence it will be noticed.
Easy and Safe to Use
One of the best things about using biometric time clocks for identification purposes is that modern systems have integrated technology that is safe and easy to use. This provides accurate results with minimal invasiveness for users. Also, the clocks themselves are able to be installed quickly, with minimal training needed to begin using them.
Biometric time clocks are considered to be a convenient security solution because no passwords have to be remembered, no badges have to be used, nor ID cards, documents, etc. This lets employees quickly get to work, without worrying that they aren’t clocked in because they forgot their access badge.
There is no question that biometric time and attendance clocks offer quite a few benefits. While many large businesses and corporations use these systems now, it may be beneficial for smaller businesses to research them as well. Using this type of machine will eliminate cases of employee theft, increase productivity and offers a pretty high ROI. Installing a Mitrefinch biometric clock just makes sense.