It is not unusual to spend hours collecting and totaling employee time cards each payroll period. Hand written time sheets are usually filled out the day before payroll is due, and time cards from a mechanical or electric time clock are usually full of hand written notes explaining missed or late punches. All of those notes have to be deciphered, interpreted, and corrected before payroll can be processed. This just increases the time and effort required to prepare payroll for input into your payroll software, or sent to your accountant or payroll service. Payroll time clock software makes it easy to go from time clock to paycheck in a few simple steps by automating your payroll process. So whether you choose to outsource your payroll processes or keep them in-house, the best payroll time clock software will help you avoid labor intensive payroll processing by instantly applying your business payroll rules, generating accurate payroll reports, quickly exporting your payroll data, and automatically archiving your payroll records.
The Best Payroll Time Clock Software Instantly Applies Your Business Rules
The best timeclock software will automatically keep track of when the current pay period ends and the next one begins. This allows you to setup your pay frequency one time and your time clock software will keep track of all those dates for you. Pick a time tracking system that allows flexible pay period settings like Weekly, Biweekly, Semi-Monthly, and Monthly. The best timeclock software will even accommodate custom business rules by allowing you to create user defined pay periods. You should be able to set what day of the week defines the start of your workweek in order to accurately calculate weekly overtime. The best timeclock software will even keep track of weekly overtime when the workweek crosses pay periods.