BioStation with TrueTime™ Software allows precise, fast and effective employee biometric Time and Attendance management.

Manage the entire employee Time and Attendance (T&A) relationship with the touch of a finger. Users will clock in and out quickly and securely with TrueTime. 'Buddy punching' and 'ghosting' will be completely eradicated to dramatically increase security and decrease the expenses that stem from these and other similar fraudulent behaviors.

According to the American Payroll Association*, automating Time and Attendance processes for payroll saves an estimated $1,000 per employee, per year. These savings are the result of a reduction in the cost of processing payroll, reduction in human errors in recording time, elimination of unauthorized overtime, and reduction in the time spent on employees’ information requests.

In 2003, the average payback time on the cost of implementing an automated Time and Attendance system was 5 months. The median ROI of the system was reported as 469% overall, with 75% of those who automatedachieving an ROI of more than 250%.

But the report says even these substantial savings can be increased significantly – by almost 10%, using conservative estimates – by choosing a system that uses biometric technology. The main reason is that biometric authentication of employees eliminates deliberate time fraud from "buddy punching", "ghosting" and other fraudulent practices, which alone is estimated to cost employers from .025% to as much as 5% of total payroll costs.

* From “Trends in Time and Attendance”, presented at the 22nd Annual Congress of the American Payroll Association, April 27, 2004