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Put an End to
Workforce Time Theft
INTRODUCING EPAY SYSTEMS’ FACIAL RECOGNITION FOR TIME
CLOCKS AND MOBILE APP
Our
Featured
Speakers
for Today’s
Webinar
Michelle Lanter Smith
Chief Marketing Officer
EPAY Systems
John Gaudiuso
Sales Engineer
EPAY Systems
2WWW.EPAYSYSTEMS.COM
Agenda
What We’ll Cover in Today’s Discussion
• Common forms of time theft and best practices to prevent it
• Pros and cons of various biometric options
• An introduction to EPAY's new facial recognition time clock
and mobile app
• Ways to identify potential time theft and operational problem
sites
3WWW.EPAYSYSTEMS.COM
EPAY Systems Overview
CHICAGO BASED
TECH COMPANY
FOUNDED 2001
SERVING HOURLY
WORKFORCE
ENVIRONMENTS
PROVIDER OF INTEGRATED HUMAN
CAPITAL MANAGEMENT
TECHNOLOGY 75,000+ WORKSITES
FREE PREMIUM CUSTOMER
SUPPORT
24 HOURS/DAY
7 DAYS/WEEK
365 DAYS/YEAR
INDUSTRY LEADER
THE MOST FLEXIBLE CLOUD
BASED TIME & LABOR
MANAGEMENT TECHNOLOGY
99%
CUSTOMER
RETENTION
4WWW.EPAYSYSTEMS.COM
EPAY Human Capital Management
WWW.EPAYSYSTEMS.COM 5
BENEFITS
ADMINISTRATION
PAYROLL & TAX
MANAGEMENT
TIME & LABOR
MANAGEMENT
HR
MANAGEMENT
APPLICANT
TRACKING
PERFORMANCE
MANAGEMENT
The Big Cost of Time Theft
Time Theft and
Loafing Cost to
U.S. Companies
$400 Billion in
Lost Productivity
$
Forms of Time Theft
Long
Breaks
Early/Late
Arrivals
Buddy
Punching
$98B
The average employee steals 4 hours and
5 minutes of work time every week.
4 lost hours per week =
16 lost hours per month =
2 lost work days per month!
2 lost work days per month =
24 lost work days per year =
nearly 5 weeks of lost work time
per year . . . PER EMPLOYEE
Do the Math
What Does This Look Like for You?
5 x your weekly payroll = lost to time
theft every year
A. < $50,000 per year
B. $50,000 - $250,000 per year
C. $251,000 - $1,000,000 per year
D. $1,100,000 - $5,000,000 per year
E. > $5,000,000 per year
Best Practices
Create clear, specific time and
attendance policies
Create procedures for enforcing your
policies
Use time collection devices equipped
with biometrics
Utilize good reporting and analytic tools
How to Crack Down on Time Theft
Clear Communication is Key
Use employee manual to outline
consequences of:
▪ Tardiness
▪ Cell phone use
▪ Unauthorized breaks
Have employees sign manual as
acknowledgement of understanding
Update policies as new challenges arise
Communicate Oral and Written Time & Attendance Policies
Enforce Your Policies
Put firm procedures in place when time and
attendance policies are not followed
Consider implementing Employee Points system
▪Automatically tally points for absences, late
arrivals, early departures as compared to the
schedule
▪Can accumulate points positively or negatively
▪Can customize based on your companies policies
Use Workforce Management Technology
Biometric Time Clocks
▪Fingerprint recognition
▪Facial recognition
Mobile Time Tracking App
▪Facial recognition
▪Geo-tracking
Workforce Analytics
▪Get a quick way to identify punch exceptions
across your sites including potential forms of
time theft
Polling Question
A. Fingerprint biometrics
B. Eye or retina biometrics
C. Facial recognition biometrics
D. We currently don’t use any form of biometrics
What form of biometrics does your company currently use
and for what purpose?
14WWW.EPAYSYSTEMS.COM
Mix & Match
Time
Collection
Options
Or for Just a Few
Employees (IVR)
BIOMETRIC TIME
CLOCKS
MOBILE TIME TRACKING
APP WITH GPS
TELEPHONE (INTEGRATED
VOICE RESPONSE)
ONLINE TIME
TRACKING
Time & Labor Payroll
EPAY HCM
3rd Party
ERP,
Financial,
Accounting
Systems
Integration
15
WWW.EPAYSYSTEMS.COM 16
Pros & Cons of Fingerprint
Recognition
Pros Cons
• Cracks down on buddy
punching
• Works for the majority of
the workforce
• Fingerprints act as a
unique identifier
• Registration takes a long
time
• Only one person can clock
in at a time
• 7% of the population
doesn’t have a fingerprint
• Obstructed fingers will
create an error
WWW.EPAYSYSTEMS.COM 17
The Answer? Facial Recognition
Technology
• Speedy registration
• Fast clock in and out
process
• Clock more than one
person in at a time
• Cover 100% of the
workforce
WWW.EPAYSYSTEMS.COM 18
Introducing EPAY Facial
Recognition Solutions
Mobile App Version 5.1 WalTer T16 Time Clock
Introducing T16 Biometric Time
Clocks
Next generation processor with expanded memory
Plug & play—no IT required!
Facial recognition
Fingerprint reader, Magstripe card reader,
HD camera, thermal printer
Built to withstand harsh environments
Multi-lingual: English, Spanish, Polish, French
Touchscreen and keyboard
Wi-Fi, Wireless, LAN, Dial-up/Analog
19WWW.EPAYSYSTEMS.COM
Time Clock
LIVE DEMONSTRATION
WWW.EPAYSYSTEMS.COM 20
From Smartphone to Time Clock
21WWW.EPAYSYSTEMS.COM
Mobile Punch Features
GPS location verification and geo-fencing
Time/task allocation
Employee timesheet sign off
Fields for mileage, tips, supplies tracking
Bar code and QR code scanner
Offline punch mode and group punch option
Facial recognition
22WWW.EPAYSYSTEMS.COM
Two-way messaging
Real time
integration with
EPAY TIME
AND LABOR
Also available
in SPANISH
Mobile Time
Tracking App
LIVE DEMONSTRATION
WWW.EPAYSYSTEMS.COM 23
Time and Labor Management
System: Feature Overview
WWW.EPAYSYSTEMS.COM 24
Mix and match data
collection options
Flexible pay rule set
up for real time
labor tracking
Scheduling
Employee
performance
tracking
Track and
Manage Staff
Control Labor
Costs
Get Insight and
Compliance
Out of the box and ad-
hoc reports
Compliance reports
and alerts
ACA reporting
Workforce analytics
and actionable
intelligence
Budgets and job
costing
Overtime monitoring
Real time alerts and
messaging
Employee self-
service (no more
printed paystubs)
Workforce Analytics…At Your
Fingertips
Greater Visibility at Senior Management Level:
See trends across worksites from your HR/financial data and CRM/ERP systems—
no need for an additional business intelligence tool.
Improved Compliance with Labor Laws:
Pinpoint areas of potential compliance risk and identify work sites that would
benefit from additional training.
More Accurate Timekeeping:
Quickly identify “punch exceptions” which could be indicating time
theft at your worksites and drill down into specific details.
WWW.EPAYSYSTEMS.COM 25
No Additional Software Required!
WWW.EPAYSYSTEMS.COM 26
See site(s) performance against
KPIs.
Receive alerts to potential
compliance, performance and
budget issues.
Mitigate issues proactively and
put improvement plans in
place.
Workforce Performance Indicator Dashboard
Time Changed Punches
Time Correction Lag in Days
Punch Exceptions
Overtime Hours
Timesheet Rate Modifications
Manual Punches
WWW.EPAYSYSTEMS.COM 27
Workforce Performance Indicator Scorecard
Rate
Changes
Missed
Punches
Time
correction
lags
Grade the Performance of Your Sites
• Compare performance across all work sites
• Pinpoint areas of potential risk/performance problems
• Identify common factors among high and low performing
Sites/Employees/Managers
• Put action plans in place
Weighted
Sites Score
Site A
Site B
Site C
Site D
5
3
2.5
1
}
Scorecard
Workforce
Performance
Indicator Dashboard
LIVE DEMONSTRATION
WWW.EPAYSYSTEMS.COM 28
Summary of Features
29WWW.EPAYSYSTEMS.COM
Reports that discover, visualize, and analyze operational KPIs
Assign filters, conditions, and sequences and allow clients to isolate and
analyze subsets of their analytics data.
• Drill down to view data by week; day
• View data across one site or multiple site
Identify operational KPIs – develop performance scorecards at the
organization, site, manager, and personnel levels.
• Give only certain users access
• Ability to push out to middle managers
16.1 Months*
*Average ERP implementation
6 Months or Less
Average EPAY implementation
for under 25,000 employees
✓ Flexible Training
✓ Automated Integration
EPAY vs. Other Leading Providers
Bluespeed Makes Implementation and
Deployment a Breeze
30WWW.EPAYSYSTEMS.COM
•Automated
Integration
with Payroll,
ERP, HRIS
Systems
•24/7/365
•On-Demand
Training
•Private Cloud
•Dedicated
Servers
▪ Up to 68%
Lower Cost
Per User
▪ Up to 97%
Lower
Implement-
ation Cost
▪ No Upfront,
Maintenance
or Upgrade
Costs
▪ Automated
Integration
with Payroll,
ERP, HRIS
Systems
▪ 24/7/365
▪ On-Demand
Training
▪ Online Case
Submission
▪ Dedicated
Client
Relationship
Manager
▪ Capture Split
Shifts, Pay
Differentials,
State Regs,
Union Rules &
More
▪ Private Cloud
▪ Dedicated
Servers
▪ 99.95% Server
Uptime
▪ Encryption
▪ Monitoring
More
Affordable
Free
Premium Support
Pay
Rule Flexibility
Top Tier Security
& Infrastructure
EPAY vs. Other Leading Providers
Fast
Implementation
31WWW.EPAYSYSTEMS.COM
Schedule a Personal
Demonstration of EPAY Time
and Labor Management
Contact:
sales@epaysystems.com
See More EPAY Time and Labor
Features in Action
32WWW.EPAYSYSTEMS.COM
33
Connect with
Us on Social
Media
Send me the eBook
Take the survey
Request today’s slides
Visit Our
Website
www.EPAYsystems.com
WWW.EPAYSYSTEMS.COM
Thank you for joining us today!
34WWW.EPAYSYSTEMS.COM

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Put an End to Workforce Time Theft

  • 1. Put an End to Workforce Time Theft INTRODUCING EPAY SYSTEMS’ FACIAL RECOGNITION FOR TIME CLOCKS AND MOBILE APP
  • 2. Our Featured Speakers for Today’s Webinar Michelle Lanter Smith Chief Marketing Officer EPAY Systems John Gaudiuso Sales Engineer EPAY Systems 2WWW.EPAYSYSTEMS.COM
  • 3. Agenda What We’ll Cover in Today’s Discussion • Common forms of time theft and best practices to prevent it • Pros and cons of various biometric options • An introduction to EPAY's new facial recognition time clock and mobile app • Ways to identify potential time theft and operational problem sites 3WWW.EPAYSYSTEMS.COM
  • 4. EPAY Systems Overview CHICAGO BASED TECH COMPANY FOUNDED 2001 SERVING HOURLY WORKFORCE ENVIRONMENTS PROVIDER OF INTEGRATED HUMAN CAPITAL MANAGEMENT TECHNOLOGY 75,000+ WORKSITES FREE PREMIUM CUSTOMER SUPPORT 24 HOURS/DAY 7 DAYS/WEEK 365 DAYS/YEAR INDUSTRY LEADER THE MOST FLEXIBLE CLOUD BASED TIME & LABOR MANAGEMENT TECHNOLOGY 99% CUSTOMER RETENTION 4WWW.EPAYSYSTEMS.COM
  • 5. EPAY Human Capital Management WWW.EPAYSYSTEMS.COM 5 BENEFITS ADMINISTRATION PAYROLL & TAX MANAGEMENT TIME & LABOR MANAGEMENT HR MANAGEMENT APPLICANT TRACKING PERFORMANCE MANAGEMENT
  • 6. The Big Cost of Time Theft Time Theft and Loafing Cost to U.S. Companies $400 Billion in Lost Productivity $
  • 7. Forms of Time Theft Long Breaks Early/Late Arrivals Buddy Punching $98B
  • 8. The average employee steals 4 hours and 5 minutes of work time every week. 4 lost hours per week = 16 lost hours per month = 2 lost work days per month! 2 lost work days per month = 24 lost work days per year = nearly 5 weeks of lost work time per year . . . PER EMPLOYEE Do the Math
  • 9. What Does This Look Like for You? 5 x your weekly payroll = lost to time theft every year A. < $50,000 per year B. $50,000 - $250,000 per year C. $251,000 - $1,000,000 per year D. $1,100,000 - $5,000,000 per year E. > $5,000,000 per year
  • 10. Best Practices Create clear, specific time and attendance policies Create procedures for enforcing your policies Use time collection devices equipped with biometrics Utilize good reporting and analytic tools How to Crack Down on Time Theft
  • 11. Clear Communication is Key Use employee manual to outline consequences of: ▪ Tardiness ▪ Cell phone use ▪ Unauthorized breaks Have employees sign manual as acknowledgement of understanding Update policies as new challenges arise Communicate Oral and Written Time & Attendance Policies
  • 12. Enforce Your Policies Put firm procedures in place when time and attendance policies are not followed Consider implementing Employee Points system ▪Automatically tally points for absences, late arrivals, early departures as compared to the schedule ▪Can accumulate points positively or negatively ▪Can customize based on your companies policies
  • 13. Use Workforce Management Technology Biometric Time Clocks ▪Fingerprint recognition ▪Facial recognition Mobile Time Tracking App ▪Facial recognition ▪Geo-tracking Workforce Analytics ▪Get a quick way to identify punch exceptions across your sites including potential forms of time theft
  • 14. Polling Question A. Fingerprint biometrics B. Eye or retina biometrics C. Facial recognition biometrics D. We currently don’t use any form of biometrics What form of biometrics does your company currently use and for what purpose? 14WWW.EPAYSYSTEMS.COM
  • 15. Mix & Match Time Collection Options Or for Just a Few Employees (IVR) BIOMETRIC TIME CLOCKS MOBILE TIME TRACKING APP WITH GPS TELEPHONE (INTEGRATED VOICE RESPONSE) ONLINE TIME TRACKING Time & Labor Payroll EPAY HCM 3rd Party ERP, Financial, Accounting Systems Integration 15
  • 16. WWW.EPAYSYSTEMS.COM 16 Pros & Cons of Fingerprint Recognition Pros Cons • Cracks down on buddy punching • Works for the majority of the workforce • Fingerprints act as a unique identifier • Registration takes a long time • Only one person can clock in at a time • 7% of the population doesn’t have a fingerprint • Obstructed fingers will create an error
  • 17. WWW.EPAYSYSTEMS.COM 17 The Answer? Facial Recognition Technology • Speedy registration • Fast clock in and out process • Clock more than one person in at a time • Cover 100% of the workforce
  • 18. WWW.EPAYSYSTEMS.COM 18 Introducing EPAY Facial Recognition Solutions Mobile App Version 5.1 WalTer T16 Time Clock
  • 19. Introducing T16 Biometric Time Clocks Next generation processor with expanded memory Plug & play—no IT required! Facial recognition Fingerprint reader, Magstripe card reader, HD camera, thermal printer Built to withstand harsh environments Multi-lingual: English, Spanish, Polish, French Touchscreen and keyboard Wi-Fi, Wireless, LAN, Dial-up/Analog 19WWW.EPAYSYSTEMS.COM
  • 21. From Smartphone to Time Clock 21WWW.EPAYSYSTEMS.COM
  • 22. Mobile Punch Features GPS location verification and geo-fencing Time/task allocation Employee timesheet sign off Fields for mileage, tips, supplies tracking Bar code and QR code scanner Offline punch mode and group punch option Facial recognition 22WWW.EPAYSYSTEMS.COM Two-way messaging Real time integration with EPAY TIME AND LABOR Also available in SPANISH
  • 23. Mobile Time Tracking App LIVE DEMONSTRATION WWW.EPAYSYSTEMS.COM 23
  • 24. Time and Labor Management System: Feature Overview WWW.EPAYSYSTEMS.COM 24 Mix and match data collection options Flexible pay rule set up for real time labor tracking Scheduling Employee performance tracking Track and Manage Staff Control Labor Costs Get Insight and Compliance Out of the box and ad- hoc reports Compliance reports and alerts ACA reporting Workforce analytics and actionable intelligence Budgets and job costing Overtime monitoring Real time alerts and messaging Employee self- service (no more printed paystubs)
  • 25. Workforce Analytics…At Your Fingertips Greater Visibility at Senior Management Level: See trends across worksites from your HR/financial data and CRM/ERP systems— no need for an additional business intelligence tool. Improved Compliance with Labor Laws: Pinpoint areas of potential compliance risk and identify work sites that would benefit from additional training. More Accurate Timekeeping: Quickly identify “punch exceptions” which could be indicating time theft at your worksites and drill down into specific details. WWW.EPAYSYSTEMS.COM 25 No Additional Software Required!
  • 26. WWW.EPAYSYSTEMS.COM 26 See site(s) performance against KPIs. Receive alerts to potential compliance, performance and budget issues. Mitigate issues proactively and put improvement plans in place. Workforce Performance Indicator Dashboard Time Changed Punches Time Correction Lag in Days Punch Exceptions Overtime Hours Timesheet Rate Modifications Manual Punches
  • 27. WWW.EPAYSYSTEMS.COM 27 Workforce Performance Indicator Scorecard Rate Changes Missed Punches Time correction lags Grade the Performance of Your Sites • Compare performance across all work sites • Pinpoint areas of potential risk/performance problems • Identify common factors among high and low performing Sites/Employees/Managers • Put action plans in place Weighted Sites Score Site A Site B Site C Site D 5 3 2.5 1 } Scorecard
  • 29. Summary of Features 29WWW.EPAYSYSTEMS.COM Reports that discover, visualize, and analyze operational KPIs Assign filters, conditions, and sequences and allow clients to isolate and analyze subsets of their analytics data. • Drill down to view data by week; day • View data across one site or multiple site Identify operational KPIs – develop performance scorecards at the organization, site, manager, and personnel levels. • Give only certain users access • Ability to push out to middle managers
  • 30. 16.1 Months* *Average ERP implementation 6 Months or Less Average EPAY implementation for under 25,000 employees ✓ Flexible Training ✓ Automated Integration EPAY vs. Other Leading Providers Bluespeed Makes Implementation and Deployment a Breeze 30WWW.EPAYSYSTEMS.COM
  • 31. •Automated Integration with Payroll, ERP, HRIS Systems •24/7/365 •On-Demand Training •Private Cloud •Dedicated Servers ▪ Up to 68% Lower Cost Per User ▪ Up to 97% Lower Implement- ation Cost ▪ No Upfront, Maintenance or Upgrade Costs ▪ Automated Integration with Payroll, ERP, HRIS Systems ▪ 24/7/365 ▪ On-Demand Training ▪ Online Case Submission ▪ Dedicated Client Relationship Manager ▪ Capture Split Shifts, Pay Differentials, State Regs, Union Rules & More ▪ Private Cloud ▪ Dedicated Servers ▪ 99.95% Server Uptime ▪ Encryption ▪ Monitoring More Affordable Free Premium Support Pay Rule Flexibility Top Tier Security & Infrastructure EPAY vs. Other Leading Providers Fast Implementation 31WWW.EPAYSYSTEMS.COM
  • 32. Schedule a Personal Demonstration of EPAY Time and Labor Management Contact: sales@epaysystems.com See More EPAY Time and Labor Features in Action 32WWW.EPAYSYSTEMS.COM
  • 33. 33 Connect with Us on Social Media Send me the eBook Take the survey Request today’s slides Visit Our Website www.EPAYsystems.com WWW.EPAYSYSTEMS.COM
  • 34. Thank you for joining us today! 34WWW.EPAYSYSTEMS.COM