Boston, MA (PressExposure) November 16, 2009 -- AvidBiometrics.com today announced a new internal report in regards to a skyrocketing demand for biometric time & attendance systems.
With the end of a recession that has debilitated many US businesses, employers have had to make tough decisions in order to remain profitable in a down economy. As employers shed jobs leading to an unemployment rate of around 10% in the 3rd quarter of 2009, many people have struggled to find work and many employers have had to reduce costs in order to maintain profitability.
âWhen it comes to reducing operating expenses, many employers shed personnel; however, what many HR professionals fail to realize is that they can often reduce their payroll expense by simply making their time & attendance system more efficient,â said John Stetson, Marketing Manager at AvidBiometrics.com. âBy making a very affordable investment into a biometric system, even small businesses can cut tens of thousands annually with an accurate solution to payroll.â
Biometric time and attendance systems operate similarly to traditional time clocks and feature a variety of extra cost saving benefits that you wonât find with traditional punch, PIN, or ID card time clocks. With traditional time clocks, HR departments often invest hours in tabulating time cards, keeping track of tardiness, and dealing with payroll disputes. A biometric time clock can eliminate these risks with an almost immediate guaranteed return on the investment in the attendance system.
Biometric time clocks have gained popularity as they eliminate the phenomenon known as âBuddy Punchingâ. Buddy punching is when an employee punches a coworkers time card or password so that they can arrive late or leave early under the radar. Even with a small company with less than 10 employees, buddy punching can cost the business tens of thousands annually.
AvidBiometrics.com released the report and noted the increase in sales of popular biometric time clocks from manufacturers such as BioElectronix, Acroprint, Amano, and Pyramid. The catalog includes popular stand-alone biometric time clocks as well as robust systems including Biometric Hand Punch Terminals.
For more information on purchasing a biometric time clock, visit the following site: