Globalization and the development of online businesses have transformed logistics into a dynamic and fast-growing sector. Exact delivery, reliability and punctuality are the significant factors and the key route to triumph in logistics sector. Time and attendance software solutions cater to meet the requirements in logistics sector.
Based on a research, companies devoid of an automated time and attendance solution are liable to overpay employees by 1.5% to 10% of gross payroll, because of time theft and error driven calculations.
For logistics sector, it is essential to track the overall time worked by their employees accurately. Without an employee time management solutions, it is an immense challenge to maintain accurate details of time worked by employees. Time and attendance software helps to standardize and streamline employee attendance management system by reducing operating costs. In complicated situations, time and attendance software applies the correct standards and work rules to accurately capture employee time. These persuade elimination of overpayments and underpayments resulting in approximately 1-6% gross payroll savings in logistics sector.
Reasons to implement time and attendance software in logistics sector
- • Manages remote workforce efficiently and effectively, Manage & reduce absences, Track and enforce employee attendance and improve productivity.
- • Proper shift allocations, reduce overtime expenditures, and keep track of absence practices that are against company policy.Access real-time data so you can view and report on absences, overtime and other issues related to cost and productivity.
- • Eliminates buddy punching and saves money. Putting an end to buddy punching and other fraudulent practices.