Do you believe in ghosts? You may not, but you might believe in ghost workers, who are eating up your valuable money. Not only might this be happening at your organization, but also around the world – ghost workers pose a serious threat to the industry. According to the Association of Certified Fraud Examiners, in the U.S., it’s the number one source of accounting fraud and employee theft. In biometric auditing in the federal ministries of Nigeria, departments and agencies (MDAs) revealed 43,000 non-existent workers on the government payroll. In Kenya, a 2014 audit found that at least $1m (£600,000) a month was lost in payments to “ghost workers.” In Ghana, 10 percent of the total amount spent on the salaries of both civil and public servants are lost every month through the insertion of ghost names on workers’ payrolls. So, you can see how fierce the problem is; the whole world is affected by this problem. But the good news is, if you are a Kronos user, you can save yourself from this problem, which means you can save yourself from losing potentially millions of dollars, just by using a robust biometric time clock for Kronos. Here is how RightPunch, a biometric time clock for Kronos, can prevent ghost workers.
What Is A Ghost Worker?
A ghost employee is someone who is recorded on the payroll system but who does not work for the organization. The ghost can be a real person who, knowingly or not, is placed on the payroll, or a fictitious person invented by the fraudster.
What Is RightPunch?
RightPunch is the affordable P.C. and smartphone-based biometric time clock for Kronos. This cutting-edge software is easy to use, easy to deploy, and the perfect software for employee time tracking. RightPunch works seamlessly with Kronos; without any hassle, you can integrate it with your Kronos WFC / WFR / WFD. This robust software uses biometric technology for employee identification, that is, it uses fingerprint and facial recognition for identification.
How RightPunch Can Eliminate Ghost Workers Problem
RightPunch uses biometric technology, which uses unique human attributes that remain unchanged throughout life. So it becomes nearly impossible to forge or manipulate. Moreover, the main advantage you will get from the biometric time clock system is that it identifies a person by who the person is rather than what the person has, unlike most traditional authorization systems such as personal identification numbers (PINs), passwords, or I.D. cards. Unlike these solutions that rely on “what you have,” biometric credentials such as a fingerprint, finger vein, palm vein, or iris image cannot be lost, forgotten, guessed, or easily cloned. Here is how RightPunch can help you from preventing ghost workers from your business.
Eliminate Fake Employee Registration
RightPunch using biometric technology eliminates fake employee registration into the payroll system. Since the technology is nearly impossible to forge, RightPunch leaves no room for fake employee registration.
Accurate Salary Disbursement
The conventional time clock cannot give you accurate results due to its loopholes. Password, pin, and I.D. card numbers can be copied, lost, or passed on; this opens the door for buddy punching and time theft. At the same time, your salary disbursement will not be fair enough since it’s flawed by system loopholes. But in RightPunch, the system uses biometric technology for identification, so there will be no chance to manipulate or forge the system. You can be assured of the result you get from the system. So, during salary and benefit distribution, RightPunch, a biometric time clock for Kronos, ensures accurate disbursement to the right employee.
Time fraud occurs when your employees find loopholes or ways to fool the system and see there is no other system to catch it. No doubt using the conventional system can be an opportunity for fraud, and there is no such way to catch the fraudster. RightPunch, the Kronos time clock alternative, uses biometric technology for employee time attendance. Biometrics leave no room for falsifying their time attendance; it makes each of the employees accountable and thus eliminates time fraud at work.
Difficult to Forge
RightPunch uses biometric technology, which is nearly impossible to forge. You can pass on your password credentials, but you cannot pass your finger or iris or face to others. So, it becomes nearly impossible for time fraudsters to manipulate or break the system. So, when your system cannot be forged, you will be free from all kinds of time fraud in your office.
Success Stories of Using RightPunch Biometric Time Clock for Kronos
U.S. Vision, Inc. uses Kronos for managing their workforce, but they needed to streamline the labor tracking system for thousands of employees at over 700 locations. They installed RightPunch PC-based biometric time clock software on servers at each of their 700 locations. Download this free case study to learn how they integrated RightPunch to set up an optimized labor tracking system.