In the race to meet payroll deadlines, CEOs get extremely concerned about paying employees on time and accurately. But there is a little secret: while payroll might be posting on time, incorrect or old-fashioned time tracking could be costing your business a high cost every month. Inflated overtime? Missed hours? Or simply good guesswork? Bad timekeeping is quietly eating away at profit margins. If you are a business leader, it is time to move beyond basic attendance to understanding good Employee Time Tracking Software as an advanced move for the next payroll cycle. Why Traditional Time Tracking Fails Modern Businesses Spreadsheets, punch cards, or casual self-reporting are still acceptable in many organizations. Such a phrase is outdated; it would be more accurate to say risky. Here are the reasons why it does not work: The manual entry includes errors that lead to payroll disputes Time theft (buddy punching, late starts, early outs) goes unnoticed Zero real-time vi...
TrackOlap is an Employee Efficiency Platform connecting things to Business.