Time and attendance data is vital for HR teams, yet data availability is still an issue
Time and attendance data is vital for making informed business decisions, but the information is still not easily available, with over 40% of British HR teams finding it difficult to provide, recent research has been able to suggest.
Research conducted by SD Worx highlights that many organisations are now embracing the power of payroll analytics, historically seen as an administration function. In the UK, 89 per cent of the respondents say that payroll and HR data is used in their company to inform business decisions. The Netherlands comes top of the list (94 per cent), with Ireland second (93 per cent), whilst companies in Austria (80 per cent) are least likely to use HR and payroll data in their business decision making.
Despite the fact that 89 per cent of British respondents say that payroll data is used in their company to inform business decisions 42 per cent of them find it ‘difficult’ or ‘very difficult’ to provide this HR and payroll data.
When it comes to international payroll, the biggest challenges that UK businesses cited were compliance (51 per cent) and multiple systems (42 per cent), followed by confusing data (26 per cent). Although it’s positive news for HR and payroll professionals that powerful data is now elevating the function within the business, it’s still clear that they face technology challenges.
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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.
The Smart Card Time & Attendance recording workstation incorporates such features as job booking, job costing, labour hours analysis and security management. If you want to find out more about the range of affordable, reliable solutions provided by Time & Attendance UK, just contact our dedicated product team, they’ll be more than happy to answer any question you might have.