Services sector set to grow, CBI report reveals

Activity in the services sector seems to have picked up in the three months leading to May 2013, a new survey by CBI suggests.

However, we’re not talking about a sector-wide trend, unfortunately, since just the consumer services actually recorded a serious turnaround over the aforementioned time interval, both business and professional services sector actually recording significantly lower growth levels than expected.

However, according to a news report on the matter, the level of optimism regarding the business situation actually rose, with the expectations for the following quarter being quite higher than expected.

Stephen Gifford, CBI director of economics, said: “While activity has been pretty flat for business and professional firms, the outlook is much stronger. What’s promising is that consumer services have seen growth in activity, and expect this to continue pointing to a greater willingness from people to go out and spend. But there is concern around getting access to finance, so it’s vital that growing firms look at the full range of funding options out there on the market.”

This prospective for further growth in the services sector also translates into the need for implementing a new extensive workforce management and access control solution, and the various solutions developed by Time and Attendance UK could certainly play a major role in attaining any firm’s targeted results.

Our system, a complete smart card time and attendance system, includes European Working Time Directive checking and reporting, Access Control, Fire Roll Call, and also makes good use of mobile and wireless technology so that your time and attendance information can be accessed from anywhere.

Smart card technology allows your employees to quickly clock in and out, with the time and attendance software accurately recording attendances. The proximity read method of the cards and fobs means that they will never wear out, and dust and residue picked up from the working environment presents no risk of clogging the reader.

Plus, our all-in-one, Smart Card Time & Attendance recording workstation incorporates such features as job booking, job costing, labour hours analysis and security management.

Moreover, our specific position within this market segment, as well as proven experience in the field enables us to thoroughly customize our systems in order to meet all of your requirements, whether you’re an enterprise customer with multiple sites or a smaller business.

So, if you’re already planning to make an investment towards increasing your company’s overall productivity, please consider one of our Time and Attendance solutions and contact us for more information!