Tuesday, 30 May 2017

Problems Faced During Payroll Processing || Payroll Software || Star Link

Software manages the salary of employees
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Track Your Employee Holidays With Time Attendance Software

In any company, the employees are the crucial workforce and the strength of the enterprise. It becomes important for the human resources department to track the work record of each and every official. Irrespective of the size of the firm, a company needs to gather resources to streamline its employees' records. These include all the information like payrolls, date of birth, date of joining, incentives, the area of work and number of leaves they are entitled. A time tracking software builds the core of employee management, focusing on the key issues of work schedule.

A time tracking software helps to solve a range of employee tracking issues and creates a uniform database, which enables the management to fill all the information like daily wages, performance appraisal and pay overtime whenever required.

It even helps to sort out daily functions and specified roles of the employees by the company. Large enterprises usually assign this work to first payroll processing organizations, who take care of the company's random time-based schedules.

The biggest benefit of these digital systems is that they eliminate the need for manual time cards. All of the time is collected electronically, with the calculations are done for you. This reduces down on the chances of errors made. Another positive is that these systems manage all your time needs - employee attendance, paid time off and scheduling - in one program.

1. Financial Gains - A time attendance system provides advanced tracking for job-costing and labor distribution. It also provides enhanced views of the organization's key performance indicators, including hours and wages, employee counts and scheduled/working status.

2. Saves Money - This software helps to have a detailed look at labour costs and how it can be used as a cost-saving tool. Businesses can save up to 5 percent of their payroll costs by automating their time and attendance system.

3. Real -Time Information - A time tracking software creates real-time information, giving a clear picture of the number of hours for which an employee is logged in.

4. Employee Satisfaction - This monitoring process are completely compatible not just for employees, but managers, payroll staff, human resources professionals and owners as well. Inaccurate and slow payroll, manual and error-prone duplicate entry and the inability to track performance, labor costs, job-costing and financials is frustrating for everyone within the company," he said.

5. Employee Access - Time tracking software also allows easy employee access, for employees to see how much paid time off they are left with and enable them to submit time-off requests.

6. Insurance Benefits - Many insurance companies ask for the employees total working hours to calculate insurance benefits.

No matter how efficient and dedicated an employee is, they are prone to commit errors while filing manual entries, work data and job codes. Time attendance software is a unique way to update a time sheet. Gone are the days when people used simple punch time clocks. Today's time attendance machines are used various formats like fingerprints, facial scans, bar codes and punch cards. It features an enhanced cloud-based time tracking system that runs an integrated network for greater employee welfare and time management system.

Get the best biometric attendance system from the best biometric devices manufacturer and supplier in India. Visit Star Link India

Article Source: EzineArticles

Monday, 8 May 2017

Global Biometric System Market Promises Growth Opportunities

The days of username and password combinations are coming to an end as next-generation authentication mechanisms come of age. Faced with having to remember old-style credentials for an ever-wider range of applications, most users have resorted to insecure password management practices such as writing down credentials. This is especially the case when using complex passwords or reusing the same credentials for multiple applications.

Acceptance of Biometrics Is Growing

One form of next-generation authentication, now coming into its own, is biometrics. According to a recent Accenture survey of 24,000 consumers worldwide, 60 percent said usernames and passwords are too cumbersome to use, and 77 percent said they would be interested in an alternative mode of authentication. When it comes to biometrics, 58 percent stated they would be interested in using them.

According to that report, a driving force for the growth of biometric system technologies has been the deficiency in data protection and security backward practices, such as passwords and PI codes. Add to that the ever-present threats to security, such as terrorist attacks and aircraft hijackings, have strengthened claims for a more robust global security solution.

A trend has developed with government projects for the implementation of electronic passports, driver's licenses, border management and national identification initiatives in many of the world's largest nations including India, Mexico and Russia.

Biometric Sensors Are Being Built into a Wide Range of Devices

According to an RSA white paper, the future of authentication is about providing a choice for users and the need for secure authentication that facilitates user compliance with security policies. Biometric technologies have come a long way from their original reputation of being inconvenient and expensive to deploy. This is changing as cost-effective biometric sensors are built into the current generation of mobile devices, including in cameras and speakers, making them much more convenient for users.

The latest biometric machine, including the newest generation of smartphones, provide security at the hardware level, while biometric information is validated separately from the core operating system. This enhances security because core operating systems are susceptible to malware. As more wearables and the Internet things come into everyday use, biometric identifiers are expected to be embedded into a much wider range of devices.

Biometrics Hold Promise for Secure Payments

One area in which biometric technology identification holds considerable promise is in making financial payments more secure. According to Biometric Update, voice and facial recognition will greatly help combat fraud that results from lost or stolen credit cards or from data stolen during transactions. Already, biometric identification system has become a mature technology direction of development with many successfully implemented projects worldwide. In connection with this analysis of both general trends and prospects, as well as detailed information about the dynamics of the key segments of the cross-sectional industries and application areas, it seems urgent.

The global market for biometric authentication solutions has entered a phase of active innovation and the intensification of the use of both the government, law enforcement, law enforcement and defense agencies, and in the commercial segment, rapidly integrating into the banking sector, retail, mobile applications, Internet of Things, health, education and so on.

Article Source: Artipot