“It is staggering how much waste could be in the payroll processing system you are currently using,” said HourDoc President Dan Smith. “Furthermore, by simply looking at the issue closer, it could help managers get a better handle on it, and even free them up to perform duties more closely related to making money in their company.”
HourDoc.com cites former published reports by the American Payroll Association that show the following:
The yearly cost of using “manual time keeping” (ie: paper timesheets and punch cards) in a company of 50 employees is a staggering $50,950. If the company is comprised of 100 or more employees, that same opportunity cost of using manual time keeping skyrockets to $101,900 or even more.
In the category of “human error,” companies of 50 employees can waste $31,200 fixing mistakes caused by human error. In companies of 100 or more employees? That human error could cost $156,000 or more annually.
Now beginning its push into the international market, HourDoc is still making headlines. Having been in business now for over four years, HourDoc continues to lead the way when it comes to an advanced hr payroll system that offers timeclock integration, advanced electronic scheduling and timesheets, automated overtime tracking, payroll reporting that is 100 percent Internet-based.
HourDoc.com is an easy-to-use, web-based time and labor tracking system that provides companies advanced online tools to monitor and manage their employees. HourDoc.com’
A proven and affordable software-as-
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HourDoc.com is an easy-to-use, web-based time and labor tracking system providing companies advanced online tools to monitor and manage their employees, meeting a growing business needs. For further information visit: hourdoc.com or call 1-877-CURE TIME