Return on Investment
Automated Time & Attendance vs. Manual Calculation
Many companies only consider the potential cost savings from the elimination of manual calculations, when their total return on investment is generated from three different areas: reducing processing time, eliminating human errors in calculation, and preventing time theft.
Your largest savings may come from hidden costs that may not have been considered. By targeting only the savings possible by eliminating manual calculations, a small company of only 10 employees would most likely elect not to purchase. This decision would cost the company thousands of dollars annually!