In today’s corporate world, workforce management is time consuming and expensive. Payroll management and time management account for around 50% of the budget of these companies. To reduce these costs, corporations often cut the salaries of their employees and are also forced to make layoffs to maintain and increase their return on investment. Others try to increase employees’ normal office hours to meet their goals on time. This could lead to worker resentment. To avoid all these lapses in timekeeping and payroll processing, companies are now adopting a biometric fingerprint attendance scanning system.
Manual payroll processing methods are often tedious and time-consuming. Time control is a big headache for administrators as there are powers of attorney and theft of time by workers, costing the organization millions of dollars. This is something no organization can afford if it is to survive in this competitive market. Biometric scanners can record employee time in and out and there can be no time theft as the scanners work with fingerprints and fingerprints cannot be duplicated. These scanning machines are highly accurate, and along with timekeeping, they also record lunch times, meal breaks, the department the employee works in, the type of work being done, and much more.
At the end of the month, manual payroll processing can consume almost a day or two, depending on the size of the organization. Whereas in the case of biometric technology, all the feed time and work and output details are directly transferred to the system and all the work is completed within about 20 minutes. So no more collecting time cards from employees. Also, there is the possibility of error when doing things manually, but all employee details are automatically stored and sent in electronic format for processing. This leads to higher productivity, cost reduction and time savings.
Many experts believe that biometric technology is the future, as it will eliminate sharing altogether. Employees no longer have to mess around with passwords and swap cards, as biometric scanning uses human traits, like fingerprint scanning and retina scanning, that are unique to each individual and cannot be duplicated. So no more proxies and time errors as the fingerprint scan cannot be tampered with, saving a lot of money for the company.
Many are deluded that there might be some privacy issues, because fingerprint images can be hacked and then used for various bad practices, thus violating people’s privacy, but it actually enhances anyone’s privacy, since fingerprint images are not stored but these fingerprint images are converted into encoded binary data which cannot be inferred in any way.
Therefore, fingerprint scanning is the employee authentication process of the future, as no one will trade, share or steal time or credentials. This ease of use, accuracy and payroll cost savings will increase the productivity of any organization.
