Workforce management solutions specialist CyberShift and the American Payroll Association (APA) conducted a joint 2008 survey on employee time entry practices. The study, reported by Manufacturing Business Tech in September, 2008, revealed that outdated time entry methods such as manually recording employee hours on paper records or Excel spreadsheets remains a common practice but results in too many errors.
Almost 20 per cent of those surveyed reported that they have experienced errors in a typical payroll cycle. CyberShift CEO Robert Farina says “These results validate that many companies have an opportunity to better manage their time and attendance processes by adopting automated workforce software, eliminating human errors, and increasing staff productivity.”
More than 1,500 payroll and financial professionals, including a mixture of treasurers, controllers, vice presidents, managers and directors from large and small companies, participated in the survey. According to APA's Executive Director Dan Maddux, “These responses highlight the importance of up-to-date workforce management practices and systems to improve business processes and productivity for American businesses.”
Source: CyberShift and the American Payroll Association (APA)