• When small and medium businesses are trying to grow today, they are integrating as many innovative solutions as they can. And as relying on paper sheets has long been gone, Smart Attendance systems come as a natural next step in our world. An Attendance system is not only an innovative green solution with:
• 
  Electronic tags
• Magnetic stripe cards
• Biometrics (hand, fingerprint, or facial)
• Touch screens instead

It doesn’t only replace paper sheets where the employees touch or swipe in order to identify themselves and to accurately input the entering and leaving time to calculate working hours. . It is one of the most cost effective technologies today from many aspects and I’ll explain why.

Accuracy of Smart Attendance systems

Smart Attendance systems ensure accurate time records. Therefore, they decrease the inevitable and costly errors with manual data entry. This accurate data thereby helps to provide precise performance and payroll data. 

Efficiency

It is time consuming and laborious when a Human Resource department is manually managing paper sheets .it’s also hectic to manage time cards, create schedules, authorize leave and overtime, and create payroll. When this process is automated, this once lost time can be put to good use. Such as planning and coordinating the workforce to best use employees’ skills.

Money Saving

A Smart Attendance system puts an end to false time reporting, buddy punching, absenteeism, tardiness, time abuse, and overpayment. In fact, a study done by the Axsium Group reports that large organizations save around $1,600 per employee after implementing Attendance Management systems.

Security in Smart Attendance systems

Attendance systems are built around highly secure architecture. Specifically, biometric systems are highly reliable and secure and can help prevent time theft, buddy punching and reduce administrative costs coming from forgotten PINs and lost ID cards.

Lawsuits Prevention

With accurate data at hand, as company you can provide evidence you remunerated workers for the hours that they labored. Additionally, in the occurrence of a safety audit, the employers can prove they had the right combination and number of employees on-site at the proper times.

Given these aforementioned benefits, I believe that you would agree with me when I say that attendance management systems are one of the most cost-effective and efficient new office IoT technologies. In conclusion, don’t waste time and money waiting to integrate a Smart Attendance system in your company.