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Revolutionizing Payroll with Electronic Timesheets
The electronic timesheet has revolutionized the way businesses handle their payroll. With the Internet becoming increasingly easier to use companies no longer need to bother with time clocks or disorganized spreadsheets to track employee attendance.
If you are a business owner or work in your companys accounting department you know that payroll can be a major hassle. Unfortunately it is a necessary evil as you will be hard pressed to find employees who do not wish to be paid. If your company has yet to begin using electronic timesheets to track employee attendance, then the time to switch is now.
Electronic timesheets can eliminate time consuming paperwork and tedious data entry. They can perform such simple tasks as totaling employee hours, but also can highlight missed and late punches to save you the hassle of dealing with employees that are upset over unpaid hours.
Because electronic timesheets are Internet based they can be accessed from anywhere. This is ideal for companies that have traveling employees. If your company has just one employee that goes on the road, even if it is not a frequent occurrence, electronic timesheets will greatly simplify your payroll accounting. You can eliminate the hassle of accurately tracking their hours.
With the Internet becoming more and more accessible from almost anywhere your employees can clock in from anywhere they may be. They can even log in from home to check their hours for the current or previous pay periods. An Internet based payroll system makes your company much more adaptable to your changing needs.
When you put an electronic timesheet to work in your office the ways in which productivity is increased are numerous. From the obvious time saved by your administration or accounting department to the overlooked time saved by your employees.
Your administrators or accountants will have more time to concentrate on the more important aspects of their work. Your employees will also no longer have to type their times into a spreadsheet or go to a central location to clock in on the office time clock. Instead, they can easily clock in with a single click on the electronic timesheet. Your offices overtime and rounding rules will automatically be taken into consideration and hours and pay will be calculated for you.
The benefits of electronic timesheets are diverse and they are becoming more versatile every day.
About the Author:
Kent Fairbourn is a Client Account Specialist for 10x Marketing, an Internet marketing company. Go now to ADP Small Business Services, the business behind small business, to access their free Solution Builder to find payroll solutions that fit your business needs.