It's no secret; organizations can lose significant revenues by over paying employees through unauthorized absences, leaving early, lateness, longer breaks which can quickly add up to 30 minutes per day or greater. To calculate we have used a factor of 5 minutes per day or 1% of time. Numbers in your organization may vary; try to estimate the numbers you feel are most applicable to your organization.

Market research and analytical firms have identified organizations can save anywhere from 1-3% of their overall payroll costs by implementing an automated workforce management solution. Human error such as miscalculation, bias entry and mistakes recorded through manual processes can account for a minimum of 1% of additional payroll expenses. NIn this calculation, we have assumed a 1% payroll error rate; try to estimate the numbers you feel are most applicable to your organization.

Moving from a manual process to an automated workforce management solution will reduce on average estimated 6 minutes per employee per pay period. To calculate we have used a factor of 5 minutes per period. Numbers in your organization may vary; try to estimate the numbers you feel are most applicable to your organization.

Implementing Biometric reader(s) for Workforce Management can save time and money by allowing a company an overall view and control of labor costs and overall attendance. The scale of potential returns from implementing Biometrics will depend on the number of employees, facilities, and work schedules involved. When deployed properly biometrics can deliver a payback in fewer than 9 months (ROI within the first year of purchase) If using biometrics, enter '10' if not, use '0'.