A growing economy has prompted companies to boost employment causing a rise in labor costs. As reported by Bloomberg News, May 5th 2011.
With rising labor costs comes a need for companies to tighten their budgets and lower their bottom lines. Advance Systems Time & Attendance Solution, Mitrefinch TMS (and Mitrefinch is the proprietor of the trademark) will reduce labor and administration costs while improving productivity, efficiency and absenteeism.
Advance Systems Time & Attendance Solution reduces payroll processing time by automating the calculation of hours. See a reduction in Payroll Error rate by an average of 1.2% of total payroll. Eliminate Leave inflation and reduce your overall payroll by 0.48%. Eliminate the duplicate entry of information which will improve productivity with more efficient processing.
Reduce overhead by installing a system that will enable the company to make the most expensive part of the company, the workforce, more efficient.