#PAYROLL SERVICES WITH ONLINE TIME CLOCK SOFTWARE#

#PAYROLL SERVICES WITH ONLINE TIME CLOCK SOFTWARE#

With time clock software, and most software in general, there are two deployment options that buyers can choose from: on-premise and cloud-based (also known as web-based or software-as-a-service). Your subscription price may be a flat fee, for example, $20 per month, or it could be based on how many employees will use the system-something like $5 per employee per month.ĭepending which licensing option you go with, and which deployment option you choose (see below), be sure to budget accordingly. With subscription licensing, you pay to use the software on a monthly or annual basis. Don’t be surprised to pay $10,000 or more with this model.

This requires a considerable investment initially, but costs decrease substantially over time. With perpetual licensing, you pay for the software upfront to use it indefinitely. The cost of employee time clock software depends on what type of licensing model your vendor uses: perpetual licensing or subscription licensing. In addition to the features above, some employee time clock platforms have advanced functionality for things like: Use time clock data to calculate accurate wages and overtime pay. Track the accrual and usage of paid time off (PTO).

See how many hours anyone has worked in a given time period. Track hours with a computer, tablet or smartphone. Looking at the many employee time clock software options, here are some of the common capabilities you can find: Security Features to Look for in Employee Time Clock Apps Common Functionality of Employee Time Clock Software Is This Different From Time and Attendance Software? How Much Does Employee Time Clock Software Cost? If you’re looking into replacing your organization’s time clock system, or are buying one for the very first time, this helpful Buyer’s Guide will take you through what you need to know about employee time clock software and apps before you make a purchase.Ĭommon Functionality of Employee Time Clock Software For example, work hours captured by a time clock application can be automatically entered into an integrated payroll application to calculate accurate wages Time clock software is available as a stand-alone tool (e.g., TimeClick), but is more often part of a workforce management suite with integrated applications such as personnel tracking and payroll. While basic time clock software supports clocking in time using computers, there are also more advanced options that allow employees to clock in using mobile devices such as tablets and smartphones. Time clock software is a tool that allows organizations to capture employee work hours electronically.

Buyers Guide Last Updated: NovemWhat Is Time Clock Software?

Payroll services with online time clock