Time- and expense-tracking software provider Replicon has introduced a cloud-based solution that eliminates the hassles and expense of managing traditional time clocks.

The Replicon CloudClock was designed to help businesses that have traditionally been unable to leverage cloud-based solutions, or do not have the time and resources to evaluate complex and expensive traditional time-clock alternatives. The Replicon CloudClock allows employers to instantly validate time-clock punches, ensure that time and attendance records are accurate and report compliance at a moment’s notice.

Available for a flat price of $99 per clock per month, Replicon also provides continuous monitoring of the CloudClocks. These features are vital to businesses operating on slim margins and are dealing with weekly overtime hours that have nearly doubled in the past two years, according to Replicon research.