Title: Mike Grzegorek
1Identatronics Time Attendance Value
Proposition
Mike Grzegorek
2(No Transcript)
3What is the most important product you can sell a
businessman?
Any thing that can make them more Money
4What are two ways to do this?
1. Increase Revenues 2. Decrease Costs
5For most companies, what is the single largest
expense?
Employee Compensation
6How many companies are in the Fortune 1000?
7In the US, how many companies are there that
employ 500 or less employees?
8- According to a report from Business Week SBA
2004 - 24,700,000
- Only 17,000 other
9(No Transcript)
10I have a mansion forget the price Aint never
been there they tell me its nice I have
accountants pay for it all!
Lifes Been Good to Me, J Walsh
11That Day, Along with the three martini lunch is
over
Lifes Been Good to Me, J Walsh
12Business Owners
- More accountable than ever
- Need to run a more streamlined and efficient
business - Must control all non-fixed costs
13American Payroll Association
- Estimated time to add approve
- timecards
- 5-7 minutes for weekly timecard
- 7-14 minutes for biweekly timecard
14Decrease Labor Costs
- Labor is Single Largest Expense
- Managing Overtime
- Determine labor component of Jobs Projects
15Decrease Labor Costs Lost Time
- Time Theft (Robert Half
International) - 100 employees- 10/hr-
5 minutes per day - 21,667.00 per Year
16Reduce Time and Errors
- Reduce Time Spent Manually Calculating Payroll
- Lets remember what they look like.
17(No Transcript)
18Reduce Time and Errors
- 100 employees 4,000 transactions (2 week pay
period) - Reported underpayment mistakes
- Reported overpayment mistakes
19Eliminate Paper!
- Intelligent Archiving of PR records
- What time did Alex come in on February 2nd 2003?
- Even 2 weeks ago!
20Accurate and Consistent application of pay
policies
- Remove sporadic interpretation
- Eliminate favoritism
- Reduce time spent with enforcement
21Provide managers with timely and accurate
information
- Provide Managers With Better Information
- Reduce or eliminate unauthorized overtime
- Goals/incentives to control costs
22Track Time Spent on Jobs Projects
- Real-time labor information
- Control costs as they occur
- Know your costs
- Knowledge is power!
23Wage and Hour Compliance
- Ease burden of Regulatory Compliance Wage
Audits - US dept of wage hour recovered more than
212,000,000 in back wages in 2003. 21 increase
from 2002 - Burden lies with the employer
24Tracking Non-worked hours
- Accrual Challenges
- How many do I have left?
- Show me my record
- Attach notes to incident
25Most Powerful Feature
26How Do I Get Ready?
- Talk to every customer you sold a badge to
- Pick a Local First Siteget er done
- Join the local chapter of the APA!
- Profile your Prospects and Customers
- Engage IDT! We have great resources!
- Alex, Scott, Bill R Me!
27Identatronics Time Attendance Value
Proposition
Mike Grzegorek