05 Dec TAMS – Time and Attendance Solution for the Banking Sector
TAMS – Time and Attendance Solution for the Banking Sector
With distributed employees across locations and even states, banks need to be able to quickly summarize and analyze employee information to make staffing, scheduling and leave management decisions. Pay, Overtime and Holiday reports are also critical. No matter if it′s small retail branch or large corporate banking institute, safety and security is always a concern of any customer. To have satisfied clients, Banks look ahead for a technological Time & Attendance software product that is highly reliable, easy to use and capable to connect all their branches.
Clients participation becomes the key for Banking sector and TAMS Time & Attendance solutions for banking vertical comes in an effort to provide a unique client experience that focuses on improving the relationship with their bankers. Our solutions are tailor-made to meet the standards of the banking firm and to provide the best Time & Attendance system in practice.
TAMS can be used by any Banking organization that requires a streamlined system that saves supervisors the time of gathering, collating and sending this information using less efficient methods like paper timesheets. TAMS offers a comprehensive Time & Attendance solution that will meet the challenges of every bank.
TAMS advanced Time & Attendance solutions are a range of intelligently designed services to meet all the critical requirements of the Banking industry. TAMS offer Time & Attendance solutions for retail, corporate banks and financial institutes. TAMS supports Banking sector to meet their demand of access control, time management, multi-site connectivity, centralized report, leave management, and holiday management.
TAMS TIME AND ATTENDANCE MANAGEMENT SOLUTION
Managing your workforce in an efficient, fast and smart way can significantly improve your business in terms of profit and productivity. One way to ensure you’re getting the most from your staff – and to discover better ways to manage your team’s working hours – is to integrate an employee time and attendance system into your business
We understand the importance of simplified and automated Time and Attendance software. As the pioneers of web-based computerized clocking-in systems, our Time Attendance Management System (TAMS) is used by some of the country’s leading organizations, across a wide range of industries; including manufacturing, transport, retail, health and service centres.
Our reporting solutions empower you with informed real-time decision-making capabilities so you can easily convert data into actionable, valuable information.
WHY TAMS? – CONTROL LABOR COST & INCREASE OPERATIONAL EFFICIENCY
According to research, companies without an automated time and attendance solution tend to overpay employees by 1.5% to 10% of gross payroll due to time theft and error driven calculations, costing businesses billions of naira each year. For a company with 10 employees, that can amount to more than $10,000 a year. TAMS time and attendance solution helps you eliminate calculation errors by helping you accurately calculate hourly totals and automatically applying overtime policies accordingly, and maintaining you in compliance with labour laws
POWERFUL REPORTING AND STATISTICAL ANALYSIS
Gain complete visibility with TAMS Enterprise reporting/statistical analytical features which empower you with informed real-time decision-making capabilities so you can easily convert data into actionable, valuable information. Instant access for managers and executives to reporting, query, and analysis tools enables your organization to proactively manage business needs, instead of just reacting to them.
BENEFITS OF USING TAMS
- Improve employee productivity.
- Avoids the hassle of auditing paper-based employee time cards
- Reduces costly manual payroll & data entry errors
- Minimizes payroll processing time
- Stay in compliance with labour laws by applying overtime policies accordingly
- Reduce the time required to schedule employees
- Eliminate the need to calculate vacation, sick and other paid time off
- Enjoy up to the minute real-time visibility on your time & attendance data
- With our cloud solution, no need to install or maintain software
- Access anytime, and from anywhere using a web browser
- Identify & eliminate time theft (early in, late out, & buddy punching)
- Export time totals in minutes to all payroll providers and software
- Holiday management is easy and simple
- Lower overtime costs by proactively changing schedules quickly