For most businesses, payroll is one of the greatest expenses, and this is no different for dealerships. In fact, nearly 70% of dealership expenses in 2008 came from payroll, making your employees one of your greatest investments.*

When you make an investment in payroll and your employees, you expect it to be honored. Simply put, you expect to only pay your employees for the hard work and time they give you.

Unfortunately, some employees abuse the time clock through “buddy punching” or exaggerated time claims. The costs of these actions are real, and combating these losses can make a big difference on your bottom line.

For example, in a company with 50 workers making $15 per hour, a recovery of just five minutes a day from each employee will result in annual savings of $16,250.

If you want to protect your dealership from time theft, or just want additional system security, POWER’s Biometric Authentication application, which includes a biometric fingerprint reader, is the answer.

When used with Time Clock, Biometric Authentication can help you:

• Prevent “buddy punching” and password sharing.
• Eliminate the headaches of tracking employee time and attendance.
• Reduce unnecessary payroll expenses.
• Improve system security within your dealership.

Time theft is a serious issue, but you aren’t powerless. Protecting your investment in your employees can be as simple as using biometric fingerprint readers in your dealership.

* NADA Data, 2009