M2SYS Releases White Paper on Using Biometric Technology To Eliminate Time Theft, Tighten Compliance

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RightPunch soft clock for time and attendance
RightPunch soft clock custom employee time and attendance data interface

We are proud to announce that we have recently released a free white paper entitled: “Eliminating Time Theft, Establishing Accountability and Increasing Productivity with Biometric Technology.”  This  white paper begins with a look at the problems lack of employee accountability creates for a business and how it negatively impacts efficiency and profitability.  It then examines the increasing problem of employee time theft (offering in depth look at actual examples like extended lunch breaks, lollygagging, etc.) and how it impacts a businesses bottom line, causing billions of dollars of losses each year.  The white paper then studies limitations that traditional employee time and attendance methods pose including; sharing personal identification numbers (PIN’s), replacing stolen or lost employee ID badges, cost of resetting passwords and more.  We then explore monetary and productivity losses from inefficient payroll techniques including detailed charts and graphs that break down the numbers and present alarming statistics on just much these factors can drain profitability.

The white paper then discusses the positive impact that biometric identification technology has on employee time and attendance providing concrete examples on realized monetary savings and the direct links of adopting biometrics to increase risk mitigation.  Next we break down the different biometric modalities (fingerprint, finger vein, palm vein and iris recognition) providing the benefits of each as well as a detailed modality usability and accuracy chart.  We finish up the white paper by comparing a PC-based biometric “soft” clock with a wall mounted biometric time clock.

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Turn Your Any Smart Device to a Time Capture Device for Kronos.

Key Features:

Increase Accountability and Boost Productivity

Eliminate Time Theft | Reduce Payroll Expenses

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Learn More

We hope that this white paper is helpful for our readers to gain a more thorough understanding about the value of biometric technology for time and attendance and the advantages that it brings compared to other more traditional forms of employee identification.  Please fill out the contact form on the right if you would like to receive a copy of the white paper, or click on this link:

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https://m2sys.com/eliminate-time-theft-with-biometrics-white-paper.htm

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John Trader

John Trader is the Public Relations and Marketing Manager with M2SYS Technology, a recognized industry leader in biometric identity management technology. Headquartered in Atlanta, GA M2SYS Technology's mission is to pioneer the high-tech industry by delivering long-term value to customers, employees and partners through continued innovation and excellence in all aspects of our business. M2SYS continues to innovate, build and bring to market leading-edge biometrics solutions that revolutionize the industry and expand the applicability of biometrics technology in our marketplace. You can view their Web site at www.m2sys.com or contact them via e-mail at info@m2sys.com

One thought on “M2SYS Releases White Paper on Using Biometric Technology To Eliminate Time Theft, Tighten Compliance

  • November 11, 2011 at 1:28 pm
    Permalink

    I heard about Biometric technology, but in your post that is clearly described. It’s really valuable piece of information. I am lucky that you shared this info
    with us.

    Reply

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We empower users to customize UKG solutions

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