Repeat after me. Unicorns are NOT real. Unicorns are mythical creatures.
Recently, Replicon teamed up with HR.com to present a webcast on Time & Attendance in the Cloud: What It Is and How It Can Create a High Performing Workplace. Scott Bales, Director of Solutions Engineering at Replicon, presented viewers with an overview of the challenges that organizations face with HR, Payroll, Compliance, and other areas, and provided valuable advice on how to mitigate them.
The major topics covered were:
- What is the cloud and how does it affect your organization?
- How organizations can benefit from a cloud-based time and attendance solution.
- How to use cloud-based time tracking to streamline payroll, increase productivity, and drive visibility across your organization.
- How to evaluate cloud-based providers and what key competencies you should look for in an ideal partner for your time tracking needs.
With corporate managers and business owners looking for savings wherever they can, there is a strong impetus for them to do more with less, or to achieve greater productivity with the same size workforce. These objectives must ideally be achieved without over-extending their employees or falling out of compliance with applicable local, state, and/or national workplace rules and regulations.
How can software solutions help achieve these objectives? Older software solutions—which need to be installed and run on premise, maintained by trained IT staff, and regularly updated with software and hardware upgrades—simply do not have the functionality or feature set to help users get the crucial insights and actionable data that are needed.
With modern cloud-based solutions that eliminate the need for expensive capital expenditure on infrastructure, personnel and maintenance, organizations can achieve huge savings and managers can focus on core business activities. Browser and mobile access to the cloud allows far-flung and busy employees to report time and expenditures in a hassle-free manner. Payroll errors and paid time off liabilities are minimized, while regulatory compliance is enhanced.