CS Time Clock replaces Bundy Clock

The traditional bundy clock has been used for decades in Australia. CS Time Clock has come of age and now more than ever replaces the old style Bundy Clock. Bundy Clocks and Time Clocks can be purchased in hundreds of variaties most of which are imported today.

Many imported electronic time clocks or access control time clocks are produced by electronics companies that do not understand employee time and attendance.

CS Time Clock has been developed with with more than 15 years experience in time and attendance behind the time clock.

Traditional Bundy Clocks have always been built well and did the job of stamping a time card week in week out very well, so long as you have a supply of bundy cards and your bundy machine ribbon has not run out you will get your bundy cards weekly ready for manual calculation.

CS Time Clock requires no bundy cards, does not need a bundy ribbon replaced several times a year, requires no maintenance and will look after daylight saving. CS Time Clock will collect, calculate and process the employee clockings giving good employee daily and weekly hours reports.

CS Time Clock has software built in so there is nothing else to purchase to collect employee clockings and get daily and weekly employee hours reports. 

New to CS Time Clock in 2009 are the following features.

• Green & Red visual arrows showing who is "IN" and "OUT"
• Add basic employee schedules
• Add and track employee leave
• Round clockings eg: a 6.48am clocking can round up to 7.00am
• Export direct to some payrolls including "WAGE EASY"
• Day light saving settings
• Easy Installation

To see some screenshots or download and watch a six minute video click here

Click Here to watch on YouTube

Companies are only spending money where a return on investment (ROI) is clearly visible.

Tough economic conditions are around us all not only in business but also personally. There are very few who have not been affected recently with most people invested in property and shares losing value in wealth. Nearly every working Australian has been affected with superannuation funds losing in some cases up to 40% of the value of your wealth.

We are all affected and we are all thinking much more than we have in the past 20 years. Business is not spending without good cause. Investments from several thousand dollars and up are required to show a ROI or no spending will take place.

In today's tough economic times $1000 saved in spending when your company has a 5% profit equates to $20,000 in sales. As existing sales slow down and new sales are harder to come by saving $1000 in costs will mean $20,000 less in sales you need to achieve.

Automating your time and attendance (employee time collection)  is one area where there are clear ROI opportunities. If you are running a manual time collection system in your business then this is costing you money every week.

An example 50 employee company with an average wage of $35,000 has $1,750,000 of annual wages. With so many ROI calculators on the market showing so many different results we will work on a very conservative 1% saved in three areas of your business associated with manual time collection.

Saving 3% of an annual wages bill of $1,750,000 can equate to $52,500 per year.

Many companies in today's tough economic conditions that are not expected to improve for as much as 12 months will be noticing a slowing down in sales, a saving of $52,500 to your business on a 5% net profit margin is the equivalent of $1,050,000 in sales.

What do you think will be easier in 2009?

• Getting an additional $1,050,000 in sales OR
• Implementing an automated time and attendance package from $4,000 for a 50 employee company.

A manual time and attendance system could be any of the following

• Manual bundy clocks
• Manual timesheets
• A simple sign in book

It would be fair to say in Australia we are at a point in time where we need to make very important decisions for our business's to survive through these current tough economic times.

As the economy shrinks cash flow means everything. What can cause cash flow issues in your business?

• Customers (debtors) Payments go from 30 to 60 days or 90 days or more
• Suppliers (creditors) payments increase as debtors payments slow
  
• Holding to much Stock (poor stock control)
  
• Over selling (selling more than you are collecting in payments from existing customers)

• Start asking for part payment or payment in advance
• Stop purchasing everything and anything only purchase critical supplies
• Do a stock take and lower stock levels
• Monitor closely new sales
  

• Employees with less productivity can start to arrive late and leave early
• Employees less motivated will start to take more sick days
  
• Employees can clock each other in and out
• Employees can fill in each others time sheets

Click here to join our weekly online "live" demonstration and watch from your PC how TNA5 Time and Attendance software with electronic time clocks or electronic time sheets can help you to better measure and control your workforce.

 Example of Cost Savings

A small business with 30 employees with an average wage of $35,000 per year will have a payroll of  $1,050,00. If you could save 2% off your payroll costs you could save $21,000. This could be the difference between surviving this downturn we are currently experiencing. 

Business on average will save between 1% and 5% off total employee costs by moving from a manual bundy clock, manual time sheet system or any other manual employee time collection system when moving to an electronic time and attendance employee management system. 

Student attendance in TAFE, colleges, training schools and schools for international students now being measured for attendance levels across Australia. Students and Colleges requiring attendance records include:-

• International Students
• Flying Schools
• Governement supported TAFE programs
• Any private or professional training school receiving government funds 
• Medical students

Government to crack down on training school, trainees payments in 2001 - Has anything changed?

A Sydney-based trainer in the retail and fast food industries had only four people complete training out of 378 who began training. It claimed continuing payment for trainees who had dropped out months ago.

The actual attendance requirements can vary. Some colleges post attendance requirements onto websites like Victoria University for TAFE students
"All students that are enrolled in a TAFE program at Victoria University are required to achieve a minimum 80% course attendance, as required by their student visa. Students who fail to attend 80% of their classes can risk having their eCoE cancelled and their student visa revoked"

Minimum student attendance requirements can vary depending on the course students are undertaking and include

• twenty hours per week
• 4 days per week
  
• 80% per term
• 85% of the full year 
• 18 months