Showing posts with label fingerprint. Show all posts
Lean on Biometrics for Efficient Workforce Management
Biometrics technology measures physical and behavioral characteristics to verify an individual’s identity and the patterns can be anything from fingerprint, facial, voice, palm print, and voice recognition. According to a report by Report Linker, global biometrics market stood at $12.84 billion in 2016 and is projected to reach $29.41 billion by the end of 2022. The increase in biometrics use is observed due to its adoption in an array of recent solutions which include mobile payment, online banking, immigration services, IoT, wearable devices, on top of the existing workforce management, e-Government processes and many more. In general, biometrics-based technology has been largely accepted by the general public due to its feasibility/affordability, and fingerprint technology leads the way by 91% market share as reported by French research firm Yale which finds that fingerprint-based biometrics dominated the $4.45 billion global biometrics market in 2016.
Biometrics Technology Improves Staff Efficiency
Biometrics-based technology such as fingerprint verification and facial recognition has been proven to be user-friendly and more reliable than other verification methods such as cards and password systems, and it was introduced to the workforce management system to streamline the collection of attendance data from manual to automated, in addition to some value-added advantages. Hence, the number of biometrics technology deployment as an authentication method for workforce management solutions has increased tremendously over the last 20 years for one simple yet crucial objective of any company: to improve bottom line profitability with better workforce management.
Biometrics Technology Automates Data Collection
Employees are hired for their different skill sets and this applies to any corporation, organization or government department. Therefore, it’s important for a workforce management system to be able to quantify the amount and types of labor needed to accomplish certain jobs on a daily or hourly basis. By installing biometrics solution that ties to the correct scheduling, employee pay class, and work codes, data collection can be done automatically and accurately thus saving the company not only money but a lot of time as well. With biometrics-based technology, employees can move fluidly throughout the day based on their job tasks or schedule, yet the management doesn’t lose control of the most important matter, time and task performed.
Biometrics Prevent Time Theft
Time theft at work is common and is causing companies annual lost in the billions. Some employees steal time intentionally and some don’t even realize that they are doing it because they always fail to see the value of 10-15 minutes extra break a day to the company’s bottom line profitability. Time theft at work happens when an employer has to pay a salary for the work hours that the employee hasn’t even served. For example, if you have a staff making $10 an hour and he has an average short of 2 hour weekly, that adds up to $960 a year of lost time and company money, and that number could simply multiply if there is no effective solution being placed to curb it. Biometrics is designed to measure the features of the body that are unique to each person. They offer greater accuracy in attendance whereby it eliminates “buddy punching” occurrences automatically.
Higher ROI with Biometrics
With all the advantages it brings, biometrics is definitely going strong for workforce management system, because obviously, biometrics promotes ease of use, accuracy, and efficiency way past its investment value, and as we are looking into the future of cloud solutions, AI and big data, there’s no better system that can capture accurate identity of an individual as good as biometrics.
FingerTec is a global brand in Biometrics for workforce management and door access solution. We offer a range of fingerprint, facial recognition and card products suitable for any type of office and all our hardware comes complimentary with powerful time management software and door access management software. For cloud solutions for time attendance, leave management and many more, visit TimeTec.
Biometrics is Fantastic! So, what are you still doing with punch card?
Seriously, we are in 2017 and punch card system for attendance is so old school, even our grandpa knows with how it works. Undoubtedly with punch card system the process of clocking is simple; you take a card assigned to you, slot it into a gigantic clock that shows your time and push the card inside the clock until the machine stamps the time on the card. There should be nothing wrong with that, should it? You’re definitely wrong. To punch the card is irrefutably simple, but the process that comes after the punching of the card that is going to cost you more money than you wish to admit.
Manual data collection from a stack of paper is a mundane task. Nobody is looking forward to doing this task especially not during crunch time at the end of each month. When one has to take a bunch of information from papers and transfers it into a file, mistakes tend to happen. And it’s hard to confirm the accuracy of the data until it’s being compared to the actual ones, and who has time to do that? The fraudulent and careless staff, at the end of the day, could cost companies a lot of money from attendance alone.
Buddy punching is also a never-ending case in conventional attendance system. The mantra for buddy puncher is, “You scratch my back and I scratch yours; I punch for you today and you punch for me next". Nobody is going to flag anything amiss if the time is punched at the appropriate times. It doesn’t matter who punches the card, what matter is; the card has been punched with a time stamp. The punch card system is absolutely simple, inexpensive and requires no technical know how but the truth is, manual attendance system always put employers and business owners on the losing side due human factors and errors.
Biometrics technology also is not exactly new; it has been around for more than a decade and it has done amazing jobs to businesses far and beyond expectations. The appeals of biometrics system are simply on its accuracy and automation. It’s not magic; the matching technology of fingerprint and facial recognition leaves no room for fraudulent behavior to seep into your organization. No proof of the correct employee, no attendance will be recorded. The world has been buzzing about artificial intelligence, data analysis, IoT appliances, cloud technology, block chain and etc, but if a business doesn’t start automating its process, it might not survive the next wave of change.
Biometrics like FingerTec system automates attendance’s and door access’s data collection and making it easier for the management software to generate, calculate and analyze the data for better assessment and remedial actions. The convenience of biometrics solution is second to none because it can accomplish data collection faster than you can punch a card. It takes less than 2 seconds to verify an identity accurately. Automation is important because it saves time; eliminate errors and opens up efficient collaboration with other relevant third party solution like payroll for better performance and cost effectiveness. And most importantly, when the data is correct, ready and uniform, migration to other technology like cloud solution would be breezy for the future.
So, what do you say we set a date to biometricize your business operation?
Contact info@fingertec.com to find out how.
Saturday, 21 January 2017
Attendance & Beyond with FingerTec
FingerTec has been in the biometrics industry since the very beginning of the millennium and we had witnessed leaps of progress in verification technology over the years. In the early 2000s, people were talking about FAR (False Acceptance Rate) and FRR (False Rejection Rate) of fingerprint verification, and today the questions are shifted more towards the management software that comes along with the system. Biometrics technology definitely promotes honesty subtly, and it has been proven to be effective in eradicating ‘buddy-punching’ occurrences and dishonesty amongst employee because the machine only recognizes the owner of that particular biometrics. And the biometrics technology doesn’t stop at fingerprint; it also progresses to facial detection, iris recognition, palm and also voice recognition.
Apart from the effective method that biometrics features, most importantly, the use of this technology in the office automates the collection of important data required by today’s business. Biometrics system provides an attendance system that is complete with employees’ details and their daily activities, and by having this system, the Company can do more than just look at the attendance aspect of the operation.
In Ingress, TCMS V3 and TimeTec TA, a company can schedule staff’s timetables, manage roster distribution, simple leave management, shift assignments and etc. The data collected by biometrics technology offers companies a lot more to accomplish on the software side, enabling them to use the data to improve the efficiency of their workforce. TimeTec TA, the cloud solution for time attendance and workforce management, for example, is capable of tracing staff attendance even when they are mobile through TimeTec App. The TimeTec TA gives more flexibility to the customers in terms of data collection and access to the data. On top of biometrics, mobile and web clocking, soon we are going to introduce Time Beacon clocking to collect attendance data. And in the near future, there are a couple more cloud solutions suitable for your organization added to TimeTec including TimeTec Leave and TimeTec Hire.
In conclusion, office automation is necessary for today’s business to go into the future because data is one’s biggest and most valuable asset these days. The cost to implement office automation might be a bit expensive but it’d be more costly if a company hesitates because the future demands for it. FingerTec and TimeTec are tuning our solutions to prepare for the future and we hope that you do too.
Tuesday, 22 November 2016
The Automated World We Live In
Change in inevitable and for those who refused to change will be left behind. It’s true.
I just came back from my vacation and everything was done self-service at the comfort of our own home and our own pace. Flight tickets were booked and paid online, visa applications were settled and paid online, accommodation bookings were made and paid online, our car for hire were booked and paid online, theme parks ticket were purchased and paid online; okay you get the drift of the ‘doing things online’ bit.
My point is, nowadays people are so used to doing things on their own, online, without hesitation or worry. In fact, it’s becoming uncommon for people to engage with agencies in traveling related matters these days or they might be labeled as ‘old school’ should they continue to do so. Online stores have seeped into our lives, threatening the very existence of brick and mortar shops, and making all-day shopping dream a reality for many women.
After 8 hours of flight, we arrived at midnight and there was no reception working overtime to wait for us; the cost of labor is too high to wait for a few customers who arrive at wee hours. We were instructed to open a safe and they left us a key to the apartment and a HID tag to enter the building. We did everything on our own without any problems, frustrations or arguments. A big plus point, imho.
My point is, the world has become automated that we are tuned to be independent. Automation in our life and our workplace are unavoidable. In the office, all departments are using Google Drive to connect shared data with relevant team members. Skype has been one of the most important communication tools to connect us with other colleagues effectively, reducing noise and unnecessary awkwardness and waste of time. Many argued that the automation technology reduces human interactions and development, but believe me, in developing these solutions, user experience, and user interaction have been made priorities.
When we first started with fingerprint technology, never have we thought that the solution will be available online and on mobile phones. Fast forward 15 years, the solution is on the Internet and mobile, making things easy(er) for everybody. FingerTec allows its data to be viewed online at the comfort of your own space and pace, and managers in charge can think of the effective remedy if any noncompliance and attendance anomalies occur to reduce cost and increase effectiveness of the operation.
In keeping up with the pace of today's business, FingerTec is offering automation for workforce management with FingerTec biometrics devices and TimeTec TA cloud application. Use our fingerprint and face biometrics product to monitor your workforce and keep an eye on every activity in the paid times without being intrusive with TimeTec TA.
The world is getting older but somehow, unlike us humans, the world doesn’t seem to slow down. The world doesn’t change in size but somehow; it feels smaller and connected than ever. You can now work from any location in the world and be connected to your office with TimeTec TA.
We don’t stop there; we carry on with other workforce cloud solutions to serve our clients in the future.
I know it's cliche but change is truly inevitable and those who resist change will be fixated in time and be left behind.
Mrs Norana Johar
Group Chief Operating Officer
Monday, 28 December 2015
KEYS ARE RETRO, BIOMETRICS IS THE WAY TO GO
10 REASONS YOU SHOULD RETHINK REGULAR KEYS AND SHIFT TO BIOMETRICS ACCESS CONTROL WITH FINGERTEC R3
Biometrics door access solution has been around for more than a decade but because biometrics sounds scientific as compared to the one-syllable "key" term, still many people are intimidated by its advancement when, in fact, biometric provides a more secure and user-friendly solution than the conventional push-and-turn key offers.
Here are 10 reasons why biometric system trumps key for access control.
1. What can you do with your keys except to push it into a keyhole to turn the door open? Unless it’s a key to your heart, almost every key can only just open one door. Well, there’s no hole to turn in FingerTec R3 but it offers not only 1 but 3 methods to open your doors. With R3, you can use fingerprint, card and PIN plus the combinations of these methods for those who prefer things a bit knotty.
2. If you think using a key is fast and easy, let’s see how fast a fingerprint can open a door.
3. Keys cannot stop people from going in and out at certain hours (if it could, teenagers wouldn’t dare jump curfew). FingerTec R3 biometrics can prevent people from accessing a certain area at a certain time through its time zone features. So, if your office is off limit from 8 pm onwards, set your R3 to match.
4. Key system requires you to install a separate alarm system to complete your security system, but FingerTec R3 comes with the built-in alarm to be used during an emergency. This feature could potentially save you money, time and that headache to search for a good alarm system.
5. Key system provides authorized people with appropriate keys to access your premises, but you can’t tell who open which door at what time. FingerTec R3 can provide you with an audit trail, providing you with a reliable door access data at all times, transferable via IP, USB and Serial connectivity.
6. For those who wish to have fingerprint system for in and out readers, FingerTec R3 can be paired with R2c at an affordable price and not double the price.
7. Biometric system like R3 is tokenless (unless you choose to use RFID system along with the fingerprint) You can walk into the office without having to keep any keys because the key is you. No buddy punching is possible because the system only recognizes your body parts.
8. Modern access control like FingerTec R3 comes with fancy multimedia features, where you can broadcast short messages display, feature your company’s slide shows on the R3 when the system is idle. Keys are just keys.
9. When you purchase FingerTec R3, it comes bundled with powerful Ingress software which you can go as set as simple or as complex as your requirements. Keys are just keys.
10. Last but not least, FingerTec R3 has a great design for your office space and it is built with robust material, totally worth your investment.
Learn more: http://www.fingertec.com/images/brochure/R3-E.pdf
Enquire within: info@fingertec.com
Friday, 24 July 2015
Subscribe to:
Posts (Atom)
TRENDING POSTS
TALK ABOUT FINGERTEC
TALK ABOUT TIMETEC
