Attendance analytics allows you to take a data-driven approach to workforce management which in turn enables you to make decisions that will propel your business growth. You can monitor, assess, and enhance the behaviour of your employees with attendance analytic tools, just as you do with marketing analytics tools to optimize customer behaviour. This can help you make more informed decisions regarding the workforce and increase productivity in the workplace.

Tracking employee attendance is an essential part of running a successful business. By monitoring attendance, decision-makers can easily keep track of employees’ hours, absenteeism, and punctuality. This not only allows for better management of resources but also helps to ensure that the company is running efficiently and effectively. Additionally, tracking employee attendance can be a great tool for assessing employee performance, developing strategies to improve productivity and optimize workforce management.

So, what basically attendance analytics is and how it benefits organization to optimize workforce management? Let’s get to know in the blog below:

Attendance analytics

The Attendance Analysis Report provides a summary of the performance of the workforce throughout the given time frame. This report can be used to evaluate the effectiveness of the workforce. Businesses may keep a pulse on their team and increase employee effectiveness in general and business outcomes by identifying and monitoring specific employee performance metrics like productivity, engagement, and others.

Employee time and attendance tracking is made simpler by installing an attendance management system. Strategic data are collected through attendance management systems. Let’s see what it can reveal:

• Number of hours worked
• Exact clock-in and clock-out time
• Absences, tardiness and time-theft of employee
• Real-time data of remote staff (read scattered staff)
• Over and under-staffing
• Employee overtime
• Outstanding vacation balances
• Early birds and late-comers

Leveraging data to optimize workforce management

The data you can get from your attendance management system will help you streamline your processes. It will also help you make better decisions. Companies that leverage attendance data are more likely to react to problems before they get out of control.

Here are the benefits of leveraging attendance data:

• Productivity assessment:Regular attendance metrics make it simpler to analyse productivity. Break time, entry time, and exit time can all be recorded with time and attendance tracking. Being productive involves more than simply how many hours a worker puts in; it also involves the calibre of their job and the results they produce.
• Payroll management:Attendance analytics helps streamline the payroll process. The accounting department can quickly compute wages if every employee’s hourly rate is accurately recorded. Thus, ensuring that everyone’s salary is accurate, especially now that flexible work schedules are a more common work strategy.
• Employee engagement:Attendance analytics enables you to identify employee engagement issues before they become major problems. If the individual exhibits disengaged behaviour, such as not interacting with staff communication channels or frequently arriving late, departing early, or calling in sick, it draws from the data. After that, you can make use of this data to address potential issues before they result in lower productivity or even employee turnover.
• Employee turnover:By providing valuable insights into punctuality, absenteeism, and employee productivity, attendance analytics identifies employee patterns and behaviours that may result in employee departure. You can take proactive measures to retain the employee, resolve the issues that prompted them to consider leaving, and prevent them from affecting other people in the future if the employee appears to be at risk of leaving the company.
• Helpful in decision-making:Human resource managers can make important decisions about whether to promote or terminate employees with the help of precise, consistent, and customized attendance analytics.
• No need to worry about compliance: Maintaining accurate records and document management are essential for complying with labour laws. For every industry, attendance management systems make it easier to comply. In the event of a labour dispute, your strongest defence is attendance data.

Time and attendance systems often make it very easy for companies to collect and disseminate data. Whether you’re searching for a simple time and attendance tracking system or a comprehensive attendance analytics solution, truMe attendance system has all the features you need to improve employee engagement, productivity, and collaboration.

15 reasons why you choose truMe for attendance management

1. Option to use App/ QR/ BLE/ Face Recognition Attendance System

2. Touch-free attendance

1. Suited to Work from Home / from office / from Field situations as well
2. Extremely cost-effective, as no hardware is involved
3. Real-time notifications and reports to the HR
4. Leave Management on Attendance App itself
5. A robust roster management in-built
6. Geo-fencing – admin has flexibility to define range
7. Integrates seamlessly with your HRMS
8. A pleasant experience for the employees
9. Ideal for multi-location organizations – no hardware cost & central visibility
10. Great for employee productivity – real-time tracking, random notifications
11. Unlimited capacity as the power of the cloud is harnessed
12. If an organization wants, truMe Attendance App can control access as well
13. The system can also be upgraded to multi-factor authentication or to multiple interfaces for marking attendance.

Managing attendance data can be a challenging task. Despite this, the right tools can be helpful. Your organization can leverage your employees’ attendance data to optimize workforce management and save time, money, and stress by using cloud-based employee and attendance management software like truMe.