Biometric Time and Attendance Systems can Help Reduce Payroll Fraud
Biometric Time and Attendance Systems are designed to provide irrefutable proof of attendance and, as such, as the perfect tools to help drive down the payroll fraud phenomenon that costs UK firms around £12bn per year, according to recent research.
The Annual Fraud Indicator 2016, conducted by the UK Fraud Costs Measurement Committee with Experian, PKF Littlejohn and the University of Portsmouth’s Centre for Counter Fraud Studies, found that businesses in the private sector are collectively losing a total of £144bn a year through fraud, with £12bn being lost through payroll fraud.
Simon Dukes, chief executive of fraud prevention organisation Cifas, said HR departments had a “pivotal” role to play in combating fraud and employees should be educated to spot potential scams. “Staff are at the frontline in protecting a business system’s integrity,” he said.
However, in order to be able to efficiently prevent fraud, HR departments have to be supplied with the right tools to support their activity. And this is exactly where Tensor can put its extensive experience to very good use.
Biometric time and attendance systems can help prevent payroll fraud
Biometric time and attendance systems are the future in the field of workforce management and access control, whether we’re talking about a person gaining access to their physical workplace or to the files stored on their computer. In fact, one could argue that the range of applications for biometric systems is only limited by the product developer’s imagination (and, of course, actual market demand).
The Tensor T32xx Biometric Clocking Unit is the best example of a biometric-based access control/time and attendance solution that covers all the bases, offering a huge array of features and functions that will meet and exceed even the most demanding customer’s requirements.
The IP-enabled all-in-one workstation can be used both for access control and time and attendance purposes, but also adds a host of additional useful features, such as Job Booking, Job Costing, Labour Hours Analysis and Security Management including quality CCTV playback.
Moreover, the Tensor T32xx can also be equipped with GPS auto location, speech output, video and mobile phone support, helping customers increase security and eliminate fraudulent clocking (which, after all, is quite an important reason of concern for most companies out there).
Extra features that add even more value to the Tensor Biometric Clocking Unit include USB Flash Stick & SD/MMC Card Storage support and USB & Network Printer Support, as well as a user friendly, multilingual GUI (Graphical User Interface) and a battery backup + Local Fail-Safe Storage for power communications loss.
If you want to find out more about our biometric clocking units, our product team is always ready to answer all your queries.