By Raj Narayanaswamy | March 23, 2018

A 1,000-person business has a total of 2 million employee hours to use or waste. Companies tend to meticulously manage and optimize money, resources, and materials, but fail to similarly optimize and manage their time. To get the most out of their workforce, businesses need to find ways to optimize the processes surrounding their most valuable asset: their employees’ work and time. Here are a few ideas.

Go Mobile
Workforce

Any modern-day workforce should be able to enter hours on the go. Still, too often off-site employees and workers with billable hours have to enter hours after the fact, which is historically unreliable and can lead to billable hour leakage. Updating your time tracking to a solution with mobile capabilities lets employees enter their hours in real-time, and put an end to this variety of time leakage.

Get Detailed

50% of employees claim they don’t know exactly what is expected from them in their current role — this is a motivation problem. Companies need to track time in a way that enables detailed, granular information down to the employee-level — this in turn enables managers to empower their employees with the knowledge of their own specific impact on the company’s bottom line, and consequently set relevant and employee-specific goals in 2018.

Make Little Tweaks Count

The following tweaks by employers to habits and processes they take for granted as standard procedure have the potential to save employees time:

  • Minimize red tape: Do employees need excessive permission to do their jobs? Oftentimes these red tape policies are a relic of managers past — ditch what you can to allow employees to redirect their time into more meaningful tasks.
  • Move past email: Tools like Slack, Hipchat (etc.) help teams communicate at the blink of an eye, and — crucially — in an organized fashion. Companies that rely primarily on email for internal communication lose time trawling through long threads and searching for lost or forgotten messages
  • Automate when possible: Spending days at a time collating employee hours for billing and payroll? There are a variety of solutions that can automate these recurring processes and save companies significant time.

Utilize Artificial Intelligence and Machine Learning

The antiquated time tracking systems of yesterday are steeped in outdated processes that waste employee time. Companies’ time management processes should be as unobtrusive and automated as possible. With features like facial recognition, AI-powered chatbots, and intelligent business process management, modern time management solutions built for this century will mean that employees will have to think even less about tracking time.

For example, facial recognition features for clocking in allow employees to be automatically logged in through facial recognition. This process is not only fast and frictionless, but also eliminates buddy punching, and provides the benefits of biometrics without the additional hardware costs of new fingerprint readers. By utilizing modern solutions and cutting-edge technology like facial recognition, companies can liberate the time employees and managers previously spent on administrative time management tasks, and put it to better use.

Original Source: HRDailyAdvisor.com
Author: Raj Narayanaswamy

Get started today.
Set up a free trial based on your business needs. Start Free Trial

5 Steps to Proactive Resource Management for Services Firms

As a business leader, you do your best to make your service organization successful. You invest in the latest technologies, hire the best candidates, and get all the essential resources…Read More

Calculating the ROI of Your Projects with Time Tracking

Before initiating a project, professional services firms want to know how much profit and revenue they can generate for the company. Return on Investment (ROI) analysis helps firms to evaluate…Read More

Humanizing the Time Tracking Tool

Benjamin Franklin once said, ‘Time is money’ and nowhere is truer than in business. Time is a strategic asset that is extremely limited. Businesses that use their limited time productively…Read More

Time and Attendance Orientation Guide

In a growing business, the day will eventually come when managing time and attendance on paper becomes both inefficient and risky, especially when trying to balance things like overtime, paid…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More

Employee time tracking is dead

iBeacons, Bluetooth Low Energy, Proximity sensing and the obsolescence of time tracking as we know it. Businesses have to track the time their employees work for a variety of reasons,…Read More
  • Polaris
  • Time & Project Insights
  • Time & Projects Solutions
  • Replicon Products
  • Replicon Users
  • Cloud
  • Corporate
  • Professional Services Management
  • Shared Services Management
  • Time and Attendance Management
  • Customer Feature
  • Time Intelligence
  • Industry News
  • Global Compliance Updates
  • Others