If someone said, “Hey, toss me a dime, and I’ll give you a dollar back,” would you take the deal? You’d find all the dimes you can and back up a truck. You can get this deal if your business uses handwritten timesheets to track employees’ time. Labor costs are your single highest monthly business expense (especially if you use handwritten timesheets). A small investment will put money back in your pocket.
Handwritten Timesheets Are Killing Your Business
A study by the American Payroll Association estimated that small businesses could cut labor costs up to 6% in payroll by switching from handwritten employee timesheets to a telephone time tracking system. Employees call a toll-free number to clock in from the job site building or use a mobile app instead of writing their time down on timesheets. Maybe you think that you can’t afford to track employee hours with a system like Chronotek, and what’s 6% anyway? You’d be surprised.
Here’s an example of a 4% savings at $13 an hour, the national average for janitors.
This estimate is not fake news. Handwritten timesheets are killing your profits. That 4% savings represents the difference between your employees’ time on handwritten timesheets and the time accurately captured by our employee time clock system. Our system is not a cost; it’s an investment – with benefits. The return on investment is only part of the savings.
I Can Cut Labor Costs By 6%, and There’s More?
Yes, there are many other benefits to automating your timekeeping process:
- Save time by not collecting and processing manual time cards
- Eliminate time theft
- Receive alerts when employees are no-shows for jobs
- Prevent buddy punching with Random Voice Verification
- Send voice or in-app messages your employees must listen to/read
Put another way, approximately every $1 invested in Chronotek could yield a return of $10. Can you afford to wait any longer? Cut labor costs, work smarter and stay ahead of your competition by implementing proven technology. Get your truck, and we will load up your savings!
We’ll give you 30 days free to try it.
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