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Timesheet for Time and Labor

Track Time with Efficiency and Speed

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Business Challenge of Time and labor ManagementBusiness Challenge of Time and labor Management

  • The largest corporate expenditure today, managing employee time, is often performed using a combination of manual and decentralized processes or multiple disconnected information systems that can lead to substantial inefficiencies and a lack of effective internal controls
  • Up to 3% of payroll imprecision is caused by human error - American Payroll Association
  • Cutting just $1 of operational costs could have the same impact as increasing revenue by $13 - Randy Myers Survey 
  • Manual or spreadsheet-based time reporting creates an administrative nightmare, lack of real-time reporting, and constant after the fact corrections and adjustments
     

Tenrox Timesheet for Time and Labor Software

Tenrox Timesheet is a powerful, 100% Web-based workforce management software. It automates time tracking, eliminates payroll imprecision, improves reporting, and reduces administrative overhead. Designed to provide a fast return on investment, its intuitive user interface and highly configurable, proven and scalable capabilities make Tenrox Timesheet, for Time and Labor, a must for organizations that require an enterprise workforce management solution. Data can be exported to financial systems such as ACCPAC, Great Plains, Navision, QuickBooks, PeopleSoft, Oracle, and SAP.
 

Benefits of Tenrox Timesheet for Time and Labor Software

  • Workforce management solutions can reduce labor costs by 5 to 10% in organizations with a large number of hourly workers - Gartner
  • Reduce timesheet review time by 80%. Average timesheet review takes six minutes; with an automated system, timesheet review takes approximately one minute
  • Reduces time misappropriation (e.g. long lunches, early departures, late arrivals), which accounts for up to 4.08 hours per week - American Payroll Association
  • Reduce payroll preparation time by 80% - American Payroll Association 
  • Automatically report on tardiness, absenteeism, and erroneous entries 
  • Highly configurable time policies, workflows, alerts, and notifications 
  • Pre-integrated bi-directional interface to HR and payroll systems

Compliance

Refer to the Tenrox Compliance section for more information on how Tenrox Timesheet for Time and Labor software helps you achieve and maintain compliance with regulations, standards and guidelines in your industry.

Governance

Refer to the Tenrox Governance section for more information on how Tenrox Timesheet for Time and Labor software helps you achieve and maintain accountability and corporate governance.

Hosting

Tenrox Hosting provides a convenient alternative for implementing and maintaining Tenrox Timesheet for Time and Labor software in-house. 

 

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