3 Questions to Ask Before Investing in Time Tracking Software
It’s questions, not statements, that help us make great discoveries.
At school, we’re taught the importance of a developing a sharp and critical mind; a mind that’s open and curious—where each thought ends with a question mark rather than a period.
As we grow up, however, our insatiable curiosity begins to fade due to overwhelming pressures to conform and gain acceptance. And while this helps us to maintain the status quo, it also closes the doors to new and exciting experiences.
Technology 101: Asking the Right Questions
All businesses—be they mid-sized or large—understand the importance of adaptation.
This is why they invest in technological innovation, always on the hunt to find the best, most valuable resources in the industry.
One of the most important resources of the modern age is technology, and its role in managing time and workforce. Even in the mechanized perfection of modern devices and software, however, there’s room for error—lest you take the time to understand your requirements before upgrading your system.
Here’s our list of 3 important questions you must ask before investing in time tracking software:
- How do you want your employees clocking in?
This can be assessed based on the size of your organization, and your current clocking in methods. Are you relying on conventional clocks or hand-written entries? The bigger your workforce, the more tedious it is to track time manually—this much is common sense.
A biometric time clock provides a quick and seamless solution to this problem, with popular hardware options that reduce the risk of buddy punching, and make room for mobility during remote work.
- What kind of reporting capabilities do you need?
Are you looking for something beyond basic time tracking tools? If so, what are they specifically and what kind of information are you looking to gather?
Different types of time tracking tools offer different reporting options, with a range of configuration reports and security checks for smooth tracking.
- How long before you pay for your investment?
If it’s your first time investing in time tracking software, you must know beforehand the length of time it may take for you to pay for your investment. Review the company’s payment options and measure the cost against the price of inefficient time management. Then compare how much you will save on your admin and payroll costs bu having an automated system in place. Typically buying a system outright pays for itself within 6-9 months on all the additional savings you get straight away.
As a leading innovator in workforce management, our time and attendance software has been used by a vast spectrum of clients across the world.
When time is against you, don’t walk blindly into the world of technology. Know your options and invest in the best!