4 Ways Geofencing Benefits Your Clients
Geofencing, a GPS-based virtual boundary technology integrated into time and labor solutions like Swipeclock, benefits clients with multiple locations or mobile employees by ensuring accurate timecards, preventing early or off-site clock-ins, enabling real-time manager alerts for punches outside designated areas or times, and ultimately improving payroll accuracy, labor law compliance, and budgeting.
When your clients have multiple locations or employees who work at different job sites, accurate time tracking can quickly become challenging, especially when using physical time clocks for reporting punches. But a web-based tracking solution or mobile app may lead to concerns about when employees clock in and out. Punching in a few minutes early, while still en route, can add up quickly, impacting the client’s labor budget. Find out how offering a robust time and labor solution that includes geofencing can eliminate this risk.
What is Geofencing?
Geofencing is the solution to this common concern, a solution that is available through a partnership with Swipeclock. Also known as GPS tracking, geofencing involves setting up virtual boundaries that represent physical locations. It utilizes GPS, radio-frequency identification (RFID), cellular, or Wi-Fi data to track the physical location of an RFID tag or mobile device.
Supervisors and managers can define a radius on a map, and then view the actual locations where employee clock-ins and clock-outs occurred. Alerts can also be established, immediately notifying the manager if an employee records a punch outside the defined boundaries or before or after the start or end of their shift.
4 Benefits of Geofencing for You and Your Clients
Implementing a timekeeping solution that includes geofencing functionality comes with many benefits. Explore four of these advantages and how they improve time tracking for your clients and you.
Accurate timecards
Timecard accuracy is vital to correct pay, compliance with labor laws, and budgeting. When employees use manual time-tracking methods, it’s easy to add a few hours here and there, which can result in costly errors. Even a timekeeping app that doesn’t include location tracking is easy to manipulate, as an employee can record a punch from anywhere. Replacing manual or non-location-based tracking eliminates these risks, whether intentional or accidental, ensuring that the time tracked includes only the actual hours worked.
Eliminates buddy punching/fraud
Buddy punching occurs when an employee asks another to record a punch on their behalf. This fraudulent practice might happen if an employee is running late or wants to get a little extra on their next check. However, any type of timecard fraud can wreak havoc on your client’s labor budget, which can leave them scrambling in other areas. With geofencing in place, supervisors can view where punches occurred, ensuring that the hours recorded are accurate.
Reduces unplanned OT
Offering a Swipeclock timekeeping solution can also help your clients reduce unplanned overtime, another budget-killer. Innovative software ensures compliance with regulations and adherence to scheduling, which prevents early and late punches.
Additionally, geofencing with alerts can notify a manager if an employee records a punch outside of the defined boundary. The manager can then discuss this issue with the employee and reduce the risk of it happening in the future. Insights into locations when clocking in and out are highly valuable to you and your clients.
Ensures payroll accuracy
Payroll accuracy is vital to the financial stability of each of your clients, as well as the overall success. Employees need to be paid properly and on time, for the hours worked during the pay period. Proper time tracking determines whether the pay is accurate, and your clients may be struggling to get accurate hours when using manual or outdated practices.
Partner with Swipeclock to provide your clients with access to these and many more benefits. A modern, user-friendly solution ensures accurate time, every pay period. The system integrates with many payroll solutions, which means less legwork and manual effort on your side. When the time data flows into your system, you can process payroll efficiently and accurately, boosting trust and helping to keep your clients happy.
A Swipeclock partnership is a win all around. Learn more about our flexible options and how we can help you provide a better solution to each of your clients. You can also contact us directly at partnerrecruiting@swipeclock.com to get started.
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