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Payroll Time Calculator- How To Identify Where The Money is Going

If you’re conducting payroll, it means you own/manage a business and have a staff. If you think you’re losing money due to buddy punching, time theft, or payroll fraud; you’re probably correct. Almost every business does, and in America about $148 billion dollars are lost due to inefficient time and attendance methods. That is why MinuteHound developed the payroll time calculator. This way pro-active managers can type in some quick information and actually see where they are losing money. The payroll time calculator also shows how much money you could be saving.

The payroll time calculator takes into account many of the problems every business owner faces: human error, buddy punching, time theft, and payroll processing. Whether you’re a small business owner or manage multiple locations, the payroll time calculator will provide you with an overview of how much money you are probably losing by not using the latest technology to your advantage.

MinuteHound and the Payroll Time Calculator

The payroll time calculator will identify future savings if you switch to MinuteHound. So what is MinuteHound? Great question! The answer is simple: a low-cost biometric time and attendance solution for business. Employees will arrive and leave work by placing their finger on a scanner. This quick and simple process completely eliminates all the common problems most workplaces have. In addition, MinuteHound has text/email alerts to help prevent mistakes and fix errors. Payroll expenses go down, savings and efficiency go up.

The payroll time calculator is one of many features MinuteHound has to offer. Every business needs a time clock or sign-in sheet for employees to record their time. The difference between using biometrics and not using them are huge. Biometrics keep employees honest. Friends cannot cover for one another and times can’t be made up at the end of the week. By using a foolproof and simple system, costs can be reduced. More money can be saved, and management will be efficient.

Payroll Time Calculator Helps In Many Ways

In order to focus more on your business and less on management, MinuteHound has a unique price structure. Each employee is $1.00 and each location costs $5.00. This way, you don’t have to spend hundreds and/or thousands upfront on an outdated time clock. With MinuteHound, you pay per month. No long term obligations. You can cancel at anytime. Over 150,000 users clock-in and out using this system everyday. The payroll time calculator will show you how to save, but it’s up to you to put the plan into action. Upgrade today and use MinuteHound to your advantage!

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