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Home > How Much Can I Save?
How Much Can I Save?
 How does tens of thousands of dollars a year sound?
The vast majority of companies using time clocks rely on paper punch card
systems. These antiquated systems require people to manually count the
number of hours for each day, for each employee, for each pay period.
It's a slow system that's prone to error and abuse.
A study published in the January 2002 edition of the American Payroll
Association's magazine, PayTech, reports that:
- Reading a time card and calculating an employee's work hours
isn't a simple process. The human-error rate associated with manual calculation ranges between
1% and 8% of
your gross payroll. For most companies, that's a minimum of thousands of dollars a year. A computer
doesn't make math mistakes.
- Manual time card calculation takes about 7 minutes per card. TimePilot does it in milliseconds. Remember: You're paying an
employee to do the math. Isn't this a perfect job for a computer?
- An electronic system is less likely to be abused. No
"buddy-punching," no altering of time cards, and because it's
password-protected, employees can't alter their hours as they can with
a pen or pencil on their time cards.
Those errors and inaccuracies add up fast! A punch card system's hidden
costs--errors, employee time and supplies--add up fast and far outpace the cost of a TimePilot system.
Your company can be up and running on a TimePilot system for as
little as $249.
If time is money in your business, can you
afford not to have one?
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