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1 July 2022

Workforce Analytics and Payroll Reporting Just Got Easier

By Lindsay Rose
TCP Staff
Workforce analytics and payroll reporting just got easier

Start working better. Today.

Organizations using TimeClock Plus software have a gold mine of workforce data at their fingertips. Data such as scheduling information, time tracking and even labor tracking and costing. For many customers, our over 70 standard reports are good enough, but for TCP Software, “good enough” won’t do. That’s why we developed a more customizable approach to reporting and analytics to help customers understand their complex businesses better.

With our new Advanced Workforce Analytics feature, your organization can better uncover efficiencies, drive productivity, simplify processes and identify growth opportunities.

Highlights of Advanced Workforce Analytics:


  • Fully customized reporting. You can run the reports you need without paying for separate and expensive 3rd-party analytics tools.
  • Advanced sort and filter options. Eliminate data overwhelm by choosing the relevant or prioritized data for your report.
  • Formatting options. Charts and graphs turn your data into easy-to-understand, actionable insights.
  • Easy integration. Expand your analytics capabilities by integrating your data with current HCM/ERP enterprise solutions.
  • Enhanced security. Encourage collaboration while protecting privacy with customized permissions that assign who has access to what data.
  • Automated reporting. Save time by building your report once and delivering it automatically to your inbox every reporting period.

No matter where you are in the organization, the insights gained from effective reporting can be an essential driver of decisions. With automated tools and easy-to-comprehend analytics, you can make those decisions quicker and more efficiently than ever before, saving critical time and money for your organization.

Advanced Workforce Analytics Improves Data-Driven Decision Making and Increases Efficiencies:


Payroll Team

The old way: You are preparing to run payroll and hoping that everything will run smoothly—this time. But first, you need to spend time, often too much time, checking for exceptions. Items such as missing approvals on time cards, incorrect labor tracking on projects and correcting hours worked by those who forgot to clock out at the end of their shift. The more data you have, the more prolonged and exhausting the process and the more you risk non-compliance.

The advanced way: With Advanced Workforce Analytics verifying payroll reports is quick and easy. You create your customized report once, and our analytics tool can flag the exceptions in minutes, not hours or days. You can even automate your report to send it right to your inbox at the end of each pay cycle.

Supervisors

The old way: The more employees a supervisor has, the more difficult it is to keep shifts and overtime straight, let alone see trends week to week and month to month—the more manual the processes, the more risk of errors and oversights.

The advanced way: TCP’s Advanced Workforce Analytics turns all your employee data into actionable insights. Supervisors can quickly see employee status, shift breakdowns, and who is approaching overtime. Then they can take it a step further and analyze week to week and month to month changes.

Business Executives

The old way: Executives want to make decisions based on data, not gut feelings. They may have a sense that certain employees or projects are running more efficiently than others. However, aside from anecdotes, there is no way to confirm this.

The advanced way: With Advanced Workforce Analytics, executives can see the status of projects, determine overall efficiency within the organization or look at a breakdown of costs across all departments. They can do it all with a few clicks of a button. Easy to comprehend charts and graphs help you identify trends and insights that can lead to improved productivity, better labor compliance or even organizational growth.

At the end of the day, your organization needs a solution that empowers growth and informed decisions. With fewer manual processes, greater visibility into employee labor and accessibility from multiple sources, you are on track to streamline and grow your organization.

Are you ready to make your life easier? Learn more about our new Advanced Workforce Analytics tool.

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