Stop losing money on inaccurate timesheets with an easy system upgrade

Relying on inaccurate timesheets can cause you to waste so much money on payroll. Once you upgrade to a better system, you'll avoid time theft and protect your business from legal issues. Your managers don't have to spend hours every month trying to fix mistakes before authorizing payments.

According to QuickBooks, 38% of employees in the US track their time using manual systems like timesheets. If someone on your team enters the wrong time, you'll end up with messy records.

Consider upgrading to a better system, and it will also help with buddy-punching prevention.

What Is the Best Timesheet System?

It depends. Before you spend money on a new tool, you should consider:

  • The size of your team
  • Work location
  • Your payroll process
  • How closely you need to track employee hours

Don't just get a new system because you've seen multiple ads for it online. You also need to ensure it won't give you additional work. If you invest in a biometric fingerprint time clock QuickBooks setup, you can use it to connect verified employee punches with payroll processes.

Listing the main issues you want to address helps you choose the best system.

Should Small Businesses Use Timesheets?

Absolutely. It's easy to assume that only brands with many employees need to track their time. After you start using timesheets, you'll understand your labor costs better. Use smart tools to track overtime so you don't waste money due to errors.

Tips for Upgrading Your Timesheet System to Boost Accuracy

Even if you're trying to improve payroll accuracy, you don't have to buy the most expensive software you can find. Figuring out the features you should focus on helps you avoid paying for those you don't need. Make a smarter decision by not rushing the process, too.

Try to Avoid Manual Time Entry

You might feel like it's cheaper to use paper records and spreadsheets because you won't pay software fees. You'll then incur hidden costs if your records have:

  • Duplicate entries
  • Missing information
  • Incorrect hours you can't verify

When you have an automated time tracking system, it will reduce the risk of mistakes. Your employees won't have the extra work of remembering to clock in and out manually.

Getting such solutions makes your managers' work so much easier. They can just log in to get the records they need instead of building their own using paper records.

Choose a System All Your Employees Can Use Easily

Avoid buying a solution just because it has impressive, complex features. Your employees may struggle to use it and feel frustrated. All the workforce management software you get should be easy to use after just a few tutorials.

If you aren't sure which system to get, don't hesitate to involve your employees. Asking for their opinion can help you spot hidden challenges they might come across. You'll avoid spending money on a system that isn't helpful once you get their input.

Ensure your managers also have a good level of control. If an employee makes changes because they mistakenly forgot to clock in or used the wrong time, someone else should be able to approve or reject the changes.

Improve Employee Attendance Tracking

A basic timesheet system just tells you whether someone came to work. You might even end up with inaccurate records if other employees sign in for those who come in late or miss work.

When you're thinking of upgrading your system, prioritize having more visibility into attendance. You need to be tracking:

  • The rate of late arrivals
  • The number of punches each employee has missed
  • Overtime
  • The length of each worker's break

After you start using a modern system, it will be easier to spot patterns. Knowing which of your employees often come in late helps you identify areas where you might be losing money. Upgrade your system so you don't have to keep relying on guesswork.

Explain the Change to Your Employees

Your employees might start worrying when you say you're changing your timekeeping system. It doesn't matter if they are stealing time or not. Sudden changes could make them think you're trying to monitor their every move because you don't trust them.

Some employees also don't like learning new processes that aren't directly tied to their usual tasks. Instead of forcing them to adapt, take things slow. Explain why the change is necessary. You can give some examples of issues you've come across.

You don't need to mention any names or accuse people of entering inaccurate time records. Just focus on helping them understand how the new solution will simplify their work too. If anyone has questions, answer them to encourage compliance.

Frequently Asked Questions

How Can Timesheets Reduce Payroll Disputes?

They help you ensure everyone has the same records. If an employee believes you've paid them less, you just need to check records. These will show how many hours they actually worked.

Having accurate timesheets avoids the frustration you may deal with when you're relying on memory.

When Should You Replace Your Current Timekeeping System?

The moment you notice you're dealing with many mistakes. Once your team grows, it will be more stressful to verify paper timesheets.

You need solutions that suit the size of your business. Get modern tools, and they'll help your managers focus on their core tasks too.

Can a Timesheet System Support Remote Employees?

Absolutely. Some of your remote employees may start their shifts when still at home or at a customer's site. They don't have to keep sending you messages or emails for record purposes.

Investing in a timesheet system makes it easier to record hours. If you have a remote team, look for suitable tools instead of just buying those meant for traditional office settings.

Protecting Your Revenue With Better Systems

Your inaccurate timesheets are probably one of the reasons your bottom line isn't growing much. Figure out which issues you want to address and get a system meant to help you with those.

If you involve your employees, they are also more likely to adapt to the changes without a lot of pushback.

Focus on getting more visibility into attendance. You'll be able to manage your employees' schedules with less stress. Keep up with the latest business guides by browsing our page.

This article was prepared by an independent contributor and helps us continue to deliver quality news and information.