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Mike Grzegorek

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I have a mansion forget the price. Ain't never been there they tell ... three martini lunch is over. Life's Been Good to Me, J Walsh. More accountable than ever ... – PowerPoint PPT presentation

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Title: Mike Grzegorek


1
Identatronics Time Attendance Value
Proposition
Mike Grzegorek
2
(No Transcript)
3
What is the most important product you can sell a
businessman?
Any thing that can make them more Money
4
What are two ways to do this?
1. Increase Revenues 2. Decrease Costs
5
For most companies, what is the single largest
expense?
Employee Compensation
6
How many companies are in the Fortune 1000?
7
In the US, how many companies are there that
employ 500 or less employees?
8
  • According to a report from Business Week SBA
    2004
  • 24,700,000
  • Only 17,000 other

9
(No Transcript)
10
I have a mansion forget the price Aint never
been there they tell me its nice I have
accountants pay for it all!
Lifes Been Good to Me, J Walsh
11
That Day, Along with the three martini lunch is
over
Lifes Been Good to Me, J Walsh
12
Business Owners
  • More accountable than ever
  • Need to run a more streamlined and efficient
    business
  • Must control all non-fixed costs

13
American Payroll Association
  • Estimated time to add approve
  • timecards
  • 5-7 minutes for weekly timecard
  • 7-14 minutes for biweekly timecard

14
Decrease Labor Costs
  • Labor is Single Largest Expense
  • Managing Overtime
  • Determine labor component of Jobs Projects

15
Decrease Labor Costs Lost Time
  • Time Theft (Robert Half
    International)
  • 100 employees- 10/hr-
    5 minutes per day
  • 21,667.00 per Year

16
Reduce Time and Errors
  • Reduce Time Spent Manually Calculating Payroll
  • Lets remember what they look like.

17
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18
Reduce Time and Errors
  • 100 employees 4,000 transactions (2 week pay
    period)
  • Reported underpayment mistakes
  • Reported overpayment mistakes

19
Eliminate Paper!
  • Intelligent Archiving of PR records
  • What time did Alex come in on February 2nd 2003?
  • Even 2 weeks ago!

20
Accurate and Consistent application of pay
policies
  • Remove sporadic interpretation
  • Eliminate favoritism
  • Reduce time spent with enforcement

21
Provide managers with timely and accurate
information
  • Provide Managers With Better Information
  • Reduce or eliminate unauthorized overtime
  • Goals/incentives to control costs

22
Track Time Spent on Jobs Projects
  • Real-time labor information
  • Control costs as they occur
  • Know your costs
  • Knowledge is power!

23
Wage and Hour Compliance
  • Ease burden of Regulatory Compliance Wage
    Audits
  • US dept of wage hour recovered more than
    212,000,000 in back wages in 2003. 21 increase
    from 2002
  • Burden lies with the employer

24
Tracking Non-worked hours
  • Accrual Challenges
  • How many do I have left?
  • Show me my record
  • Attach notes to incident

25
Most Powerful Feature
26
How Do I Get Ready?
  • Talk to every customer you sold a badge to
  • Pick a Local First Siteget er done
  • Join the local chapter of the APA!
  • Profile your Prospects and Customers
  • Engage IDT! We have great resources!
  • Alex, Scott, Bill R Me!

27
Identatronics Time Attendance Value
Proposition
Mike Grzegorek
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