Tracking worker hours is a critical part of the payroll process. It not only ensures employees are compensated accurately and on time, but it provides essential data when tracking labor costs. For organizations using paper timesheets, the process is not only labor-intensive and prone to human error but causes payroll teams to scramble at the end of every week to collect, review, approve and record hours. Daily time tracking, using a digital time clock app, streamlines the entire process while providing valuable worker hour insights. 

The Hidden Costs of Manual Time Tracking 

Using paper timesheets may seem simple, but it’s often a hidden drain on your resources. Each timesheet requires several minutes to review and process, which can add up to hours—or even days—depending on the size of your workforce. The risks are equally significant: 

  • Illegible handwriting and missing entries slow down payroll processes. 
  • Miscalculations lead to payment inaccuracies, fostering employee frustration. 
  • Time wasted chasing down incomplete or late submissions. 

Digital solutions, on the other hand, eliminate these issues by automating calculations and approvals. And when companies track hours daily rather than weekly, the benefits multiply. 

How Daily Approvals Save Time and Stress and Mitigate Risk

Daily time card approvals transform time tracking from a potentially chaotic, end-of-week scramble to a seamless daily process. Here are three ways this approach is a best practice for businesses: 

  1. Enhanced Accuracy: Approvers can review and sign off on hours daily, catching errors in real-time and reducing discrepancies. 
  2. Compliance Protection: Mistakes in time tracking can lead to violations of the Fair Labor Standards Act (FLSA), resulting in civil penalties, back pay and legal fees. Daily approvals help mitigate these risks. 
  3. Improved Employee Satisfaction: Late or inaccurate payroll can damage your company’s culture. Employees may question your financial stability, leading to disengagement and reduced performance. Daily approvals ensure payroll runs smoothly, building trust with your team. 

In fact, daily approvals is such a game changer, it’s been one of Arcoro ExakTime’s most-asked-for features.  

What Makes Arcoro ExakTime Different? 

Founded in 2000, Arcoro ExakTime is built specifically for the construction and field services industries. We understand the unique challenges these industries face and continuously develop tools to address them. Our daily time card approvals feature is designed to make workforce management even more efficient.  

Key Benefits of Daily Time Card Approvals: 

  • Upgraded Time Card Summary Page: Includes a Daily Summary screen to streamline daily approvals. 
  • Customizable Notifications: Set reminders via push notifications, SMS or email to ensure timely approvals. 
  • User-Friendly Interface: Review, approve and complete time card tasks with ease. 

If you’re still tracking time manually or in spreadsheets, it’s time to see just how much time and money you can save by using Arcoro ExakTime.  

Ready to eliminate payroll errors and streamline your time tracking? Contact us today for a free demo of Arcoro ExakTime and start saving time and money tomorrow.