From Our CEO: This Timekeeping Software Will Save You Money (Seriously)
This post is a little bit different than my usual HR advice, but I recently opened up access to another piece of software inside our free HR VaultⓇ — our secure employee management and document storage and sharing software — and I wanted to make a case for you to try it out.
Many of you are using timekeeping software that is built into the same system you use to manage patients’ health information. What you don’t realize is that, while it seems like it is free, it is not. That’s because it is not doing all it can when it comes to PTO accrual, enforcement, and saving YOU time.
What Is It?
The software I’m talking about is the PTO & Time Tracking Integration inside HR Vault.
You can try it free for 30 days right now and, I’m telling you, anyone that uses this clock for their office timekeeping knows that it not only pays for itself, but it will end up saving you hours of your time and help you keep more money in your business that is currently going to waste.
With everything going on in the world right now, I know you’re struggling to make ends meet, and understandably so. As a result, everyone is looking for ways to save as much money in the margins as they can.
This one integration is not only going to save you tons of time and hassle from an administrative standpoint, but it’s also going to actually put hundreds, if not thousands of dollars back into your pocket year after year for as long as your business is open.
Why Do You Need It?
If you offer paid time off to your team, as most of you do, you already know how time consuming it is to track that time for your employees.
Then, when someone comes to you or your managers to ask about using that time, it’s a distraction that can really throw a wrench into whatever it was you were focused on at the time.
Not only do you have to stop what you’re doing to answer the question, but then you’ve got to look into how much time the employee has available, if there is anyone else who’s already requested time off that day, and make a decision about whether or not to grant the request.
Well, we did the math, and it turns out that you lose about an hour of your time each year for every employee at your practice just answering those time-off questions.
That means, if you can produce $300 an hour as a doctor and you have 10 employees at your business, you’re basically throwing away $3000 a year, and that’s not even counting any other bookkeeping and payroll adjustments you have to make each time a request or a question comes in.
The Vault’s PTO & Time Tracking Integration automates all of your time-off and attendance bookkeeping, makes it so that employees can find answers to their questions without coming to you or your managers about them, and takes the time-off administration process down from several minutes to just a few seconds. Give it a try and I know you’ll be glad you did.
How Can I Get Started?
You can learn more about that software and sign up for your free 30-day trial at the link below. And, as always, if you have any questions, feel free to drop them into our private, professional Facebook Group, HR Base Camp!
Here’s the link: https://www.cedrsolutions.com/hrvault/ptoupgrade