No more proxies! Get your attendance right

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No more proxies! Get your attendance right

No matter which organization it is, employees are at the core of all operations. They work to achieve the organization’s business goals and objectives. Every organization rewards its employees in various forms, the common one of all being compensation. Thus, it is important for the payroll managers to calculate and disburse the right salaries by considering the accurate attendance data. It is this process of accurately tracking and documenting an employee’s attendance and time records that are taken care of by the attendance management system. Payroll services providers can calculate the accurate wages for each employee and ensure compliance with the work-related regulations by tracking and documenting number of hours/days an employee attended work, paid/unpaid leaves, overtime, and all other relevant inputs on a daily basis.

Different states and countries have different laws restricting the number of hours an employee can work for. In the absence of an efficient attendance management system’s integration, the payroll solutions are unlikely to work properly.

While conventionally, paper attendance registers where employees write their time of arrival and departure or time clocks, etc. did the job for attendance management, such processes are no longer relevant. Employees are working from multiple locations, on the go, on-premises, and often from their homes. Therefore, the best payroll services providers are now using solutions that come integrated with tools such as attendance management systems which automate attendance recording and tracking. Thus, the whole process becomes automated, accurate, and foolproof as compared to any other conventional attendance tracking system. In fact, the best-in-class payroll solutions such as Ramco Global Payroll, offer integration of attendance management systems with real-time data analytics and report generation.

Here are some of the ways through which a modern payroll services solution can document time and attendance:

Online attendance recording – The simplest way to capture attendance is one where the employees log into their mobile or computer devices online using a user id and password.

NFC – An NFC-based solution is integrated with payroll services platforms and it enables employees to mark their attendance within a geo-fencing.

Facial recognition – Facial recognition-based attendance marking is a touchless and nearly fool-proof process that is being increasingly adopted by companies all over the world.

Also Read: Digital Transformation in HR & Payroll – A Complete Guide

Advanced cloud-based attendance management systems and payroll platforms are the way forward for payroll services companies to deliver superior employee experience. Since the attendance management system is free of human error and integrated with the payroll platform, it can be easily accessed by employees from anywhere and on different devices. They can easily mark their attendance and be assured of accurate payroll calculations as well as on-time disbursement of the right salary!

Thus, such smart integration of technology and enhancing the relationship between time & attendance and payroll software can boost an enterprise’s employee satisfaction, loyalty, and productivity.
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Enterprise asset management (EAM) involves the management of mission critical assets of an organization throughout each asset's lifecycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase productive uptime and reduce operational costs.

Enterprise asset management (EAM) involves the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information.

The software helps in effective maintenance of assets through preventive, predictive, shutdown and breakdown maintenance strategies. The system also helps enterprises mitigate equipment risks by enhanced safety standards. The streamlined operations and improved asset performance helps organizations increase their investment effectiveness.

EAM is important because it helps organizations track, assess, manage and optimize asset quality and reliability. Asset intensive Organizations have hundreds, thousands, even millions of assets which needs to be maintained to maximize / optimize life of these assets to increase the return on investment.

The key features of effective EAM are:

  • Work management.
  • Maintenance Strategies (Preventive/ Predictive / Breakdown / Shutdown).
  • Planning and scheduling.
  • Supply chain management.
  • Health and safety.
  • Mobility.
  • Analytics.
  • Improved Asset Health at reduced cost through data driven maintenance Programs​
  • Complete visibilityon entire maintenance data across Equipment, across Models, across Branches to aid in analysis & decision making such as to Repair or Replace the Equipment​
  • Insightful analysis of Inspection Data to improve customer satisfaction​
  • Effective maintenance management enhanced by predictive maintenance and inbuilt analytics​
  • Increased reliability and safety, keeps complete track of all the inspections & calibration schedules​
  • Mobile Application enables users to execute work while “in the field” leading to minimized non-productive time and increased productivity and reduces duplication of work and human errors in recording information.​
  • Quick turnaround time through Actionable Notification & Alerts for every process in real time and accessible anytime and anywhere.
  • Improved Regulatory Part of asset management involves the implementation of better O&M practices, which can significantly improve compliance.

Asset Intensive companies under the following Industries :

  1. Ports
  2. Cement and Mining
  3. Utilities
  4. Fleet Maintenance
  5. Equipment Rental
  6. Other Manufacturing
  7. Real Estate & Infrastructure
  8. Power Generation

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This differs on case to case basis, based on the type of installation and unique industry specific requirements. Contact us for a meeting and schedule a demo.

This differs on case to case basis, based on the type of installation and unique industry specific requirements. Contact us for a meeting and schedule a demo.

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