For employees and employers, modern innovations can save time and money through redundancy elimination, while simultaneously increasing productivity. The internet is a huge game changer. For those who aren’t on the bandwagon yet in 2015, it’s time to wake up. If you’re not using the tools available to you, as the economy declines, you too will be swept away with the coming changes. Money is being turned into digital bits of information sent from account to account. Soon you won’t even be able to function in a monetary sense without some digital connection–or at least that’s what the futurists have been predicting since the eighties. But here’s the truth: there’s no reason to complicate things with a paper bureaucracy when the internet is readily available and easy to use. One of the greatest examples where modern innovation has managed to transcend such bureaucratic redundancies is in the realm of time sheets.
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There now exists an innovation allowing employees to track time using any computer or mobile device. Why would you manually add up timesheets if there’s a system that can not only do it for you, but provide you with statistical data you couldn’t get any other way? Consider this. Clocking into work five minutes early and leaving five minutes late is an extra 50 minutes a week, or an extra 200 minutes a month; or an additional 3.3 hours. When you multiply that figure by twelve, you get 40–or an additional work week. If you’re getting paid, as an employee, fifteen dollars an hour, then that’s $600 you could have in your pocket simply by clocking in five minutes early, and clocking out five minutes late on a daily basis. Likewise, if you’re an employer, you stand to save substantially on a yearly basis by consolidating the time of employees. If you’ve got twenty employees who are clocking in early and leaving late, over a year you could be losing as much as $12,000, at the rates discussed in this paragraph. If in addition to that you’ve got three staff-members whose job it is to add up the time-sheets, now you’ve got to factor in their weekly and monthly earnings as well. Shoot, there are entire occupational positions which can be excised with a simple internet timesheet transition; and it is worthwhile to excise them. Fifty thousand dollars a year is too much to pay for something that can be had at a fraction of that cost. Implementing internet time-sheets saves money through additional redundancy erasure.
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Online timesheet solutions often offer free fifteen day trials for their services. Most pay-periods are two weeks, so this gives potential clients an idea of just how much they stand to save on the yearly with such an internet service. As this article demonstrates, it makes sense to get on board with such timesheet innovations. There are a lot of big ticket organizations that have done so already. Liberty Tax Service, H&R Block, Pepsi, State Farm, Panera Bread, and Comcast; to name a few.
Finally, online timekeeping technology allows things like payroll and paid-time-off to be consolidated in one place, rather than through multiple departments. Payroll sheets can also be checked on the internet at any time, meaning you can have a gander at Suzie Shoemaker’s clock-in/clock-out habits and see whether or not her excuses match her actual performance. Sometimes the bureaucracy of the office makes it so that employees and supervisors can get away with things because of the time it takes to process what they’ve done. But with a reliable internet time-keeping paradigm, it’s harder to slip through the cracks.
Most purely digital companies like Youth Noise and Digital Marketers Institute have figured this out a long time ago, but brick and mortar companies with mobile workforces are figuring it out too. Anything that can be done online is usually faster, easier, more trackable and overtime, cheaper.