A biometric time clock is an essential investment for companies with high security standards. In addition to making sure that no unauthorized individuals enter your workplace, biometric time clocks can also cut down on insidious practices like buddy or ghost punching, in which friends cover for one another's absences by clocking in for each other.
According to Nucleus Research, 74 percent of organizations report payroll losses from buddy punching. By adopting a biometric identification system, businesses can save more than 2 percent from their payroll annually by making such practices close to impossible.
By verifying individuals through fingerprints, hand prints, eyes or faces, a biometric time clock also allows high-security environments to avoid both time fraud and unauthorized entrance. Face recognition software makes it easy to identify exactly who is clocking in and when.
Since a biometric system identifies individuals based on body features, the software also eliminates the need for employees to hold on to magnetic cards, badges and keys. While this makes for a lighter load to carry around day by day, it also prevents forgeries that may allow access to secure facilities. Perhaps even more importantly, a biometric time clock eliminates human error that may result from forgetting a password or identification number, thereby saving time and energy for employees and increasing overall efficiency.
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