Operational FAQ

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What critical function does TC-1™ perform for my business?

What is the typical Return On Investment for this type of project?

Why should our organization keep track of salaried employees as well as hourly?

Who benefits from the information made available through TC-1™?

What type of information can be stored in the database?

What critical function does TC-1™ perform for my business?

TC-1™ saves your organization time and money by enhancing employee productivity, reducing payroll preparation time and minimizing payroll errors associated with manual preparation.

TC-1™ automates business-critical functions encompassing.

Attendance record keeping
Employee scheduling
Benefit tracking
Human resource administration

Labor allocation (job costing)
Project tracking
Expense reimbursement
Security Access

Management is provided with critical labor-related data that minimizes business risks associated with exposure to such government enforced programs as Fair Labor Standards and Family Leave Acts. TC-1™ addresses critical business issues affecting various departments within your organization, for example:

Senior Management:
Do our employees work in a fair and unbiased environment that rewards performance and controls abuses?
Finance & Accounting:
Are the necessary controls in place to ensure sound payroll administration, accurate tax reporting and reliable payroll budgeting?
Operations:
Can we efficiently control labor costs by product, project, division, department, location or other criteria?
Information Services:
Will the data we are collecting be reliable and secure? How easily can the system integrate with other applications on our network?
Middle Management:
Do our managers have the tools they need to effectively supervise, manage and motivate our employees?
Payroll Administration:
Is payroll ready on time and is it error-free?
Human Resources:
Do we have a comprehensive employee database that keeps track of vacation, sick days, tardiness, etc.? Is that data available only to those authorized?
Sales & Marketing:
Are we loosing sales because our cost data is inaccurate or out of date?

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What is the typical Return On Investment for this type of project?

Most TC-1™ systems have a Return On Investment of less than nine months. The savings generated by an automated system are generally divided into hard and soft savings. Hard savings are quantifiable and measurable. They are realized from three primary sources including manual payroll calculation errors, payment of additional overtime and a reduction in resources required to prepare payroll.

* Information Source: American Payroll Association, Payroll Exchange Newsletter, "Taking Time Clocks Out of the Dark Ages." HR Magazine Focus, "Time's Up for Old-Fashioned Time Clocks." Annual survey conducted by Robert Half Associates, one of the largest accounting staffing firms in the United States.

Soft savings principally consist of lost time due to the lack of uniform application of company attendance policies, operational efficiencies, pertinent management reports, instant retrieval of employee records and a positive impact on employee moral due to uniform application of management work policies. These soft savings are said to average more than 25 hours per employee per year.
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Why should our organization keep track of salaried employees as well as hourly?

Tracking sick, vacation, personal, company and other benefit days is a tedious task. Often, the work related to benefit time is incomplete, especially for exempt employees. Graphical calendar presentation of employee activity as well as vacation planning included in TC-1™ provides controls that can significantly impact the financial benefit an organization receives.

Not only is it beneficial to automate labor management to reduce costs and improve productivity, the Department of Labor may require that your organization keep specific records relating to the Fair Labor Standards and Family Leave Acts. For example, if an employee grievance situation arises, it is important to have records easily accessible for government officials. TC-1™ provides immediate access to these types of employee records.
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Who benefits from the information made available through TC-1™?

No matter what business unit to which you belong, labor resources are an essential component to the success of that department. Whether approving time records for overtime or accessing historical data for management's decision making, labor-related data is critical to the bottom line of your organization. TC-1™'s Report Writers feature gives management and employees the tools to perform more efficiently and improve overall productivity.
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What type of information can be stored in the database?

All data relevant to an employee's work history can be stored in the system including personal information such as an employee photo. Benefit records, job cost statistics, overtime, shift differentials, pay rates, exception codes and more are all accessible with just a few clicks of a mouse. Advanced security features let you define how your employees, supervisors and management staff will process their time records. Whether creating data before processing or editing data after approving an employee's pay and benefit data, an audit trail keeps track of every modification.
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