Biometric time & attendance relies on biological and behavioral characteristics to validate a person’s identity. This technology is convenient, secure and its use is increasing globally. For instance, just five years ago, most people wouldn’t even consider using fingerprint scans on their cell phones. However, today this feature is present on most smartphones.
The use of biometric time & attendance technology is significant in many industries. Listed below are seven uses of biometric technology:
1. KYC - Know Your Customer
You’ve probably seen this technology being used by banks. KYC is a way for businesses to improve customer loyalty and satisfaction by providing personalized services and products. To be able to do so, a company needs to know about a customer’s needs, buying behavior and past purchases. By implementing biometric tech to identify and track each customer’s behavior, companies amass a large pool of data which they can use to offer personalized services.
2. Biometric Time & Attendance
“Time is money” in the business world. Companies strive to make every second count. As a result, biometric clocks are implemented to eliminate time theft and buddy punching. This increases accountability, prevents financial losses, boosts productivity and minimizes payroll errors.
3. Workforce Management
Some organizations must have accurate workforce data handy in order to comply with several external and internal policies. Biometric workforce management is a solution that maintains accurate demographic data, facilitates shift administration and maintains names/records of skilled, semi-skilled and unskilled employees.
4. Visitor Management
Does your establishment use ID cards or log books to track visitors? These are unreliable methods of tracking visitors which can potentially put your secured data and areas at risk for breaches. With biometric-based visitor management, you can quickly identify visitors using their biometric details. After collecting this data, you may send them digital badges which can be displayed each time they visit.
5. School Management
From maintaining academic records, identifying students to attendance tracking every day or during examinations, biometric technology can facilitate these processes. This system can free up time for school administration staff and maintain accurate and consistent records.
6. Patient Identification
Biometric technology is a necessity in hospitals and healthcare facilities in order to identify patients and maintain secure access to their demographic data and medical history. It also helps to prevent the repetition of medical records and provides security for storing personal medical details of patients.
7. Financial Services
With biometric technology, financial institutions and banks can provide convenient and secure service quality. This technology makes it possible to accurately identify account holders and non-account holders; can potentially save banks millions of dollars in theft and identity fraud. It also sets up a firm concrete trail which improves operational efficiency and accountability.
Are you ready to implement biometric time & attendance technology in your firm? Contact Time Labs today to discuss your options.
The use of biometric time & attendance technology is significant in many industries. Listed below are seven uses of biometric technology:
1. KYC - Know Your Customer
You’ve probably seen this technology being used by banks. KYC is a way for businesses to improve customer loyalty and satisfaction by providing personalized services and products. To be able to do so, a company needs to know about a customer’s needs, buying behavior and past purchases. By implementing biometric tech to identify and track each customer’s behavior, companies amass a large pool of data which they can use to offer personalized services.
2. Biometric Time & Attendance
“Time is money” in the business world. Companies strive to make every second count. As a result, biometric clocks are implemented to eliminate time theft and buddy punching. This increases accountability, prevents financial losses, boosts productivity and minimizes payroll errors.
Some organizations must have accurate workforce data handy in order to comply with several external and internal policies. Biometric workforce management is a solution that maintains accurate demographic data, facilitates shift administration and maintains names/records of skilled, semi-skilled and unskilled employees.
4. Visitor Management
Does your establishment use ID cards or log books to track visitors? These are unreliable methods of tracking visitors which can potentially put your secured data and areas at risk for breaches. With biometric-based visitor management, you can quickly identify visitors using their biometric details. After collecting this data, you may send them digital badges which can be displayed each time they visit.
5. School Management
From maintaining academic records, identifying students to attendance tracking every day or during examinations, biometric technology can facilitate these processes. This system can free up time for school administration staff and maintain accurate and consistent records.
6. Patient Identification
Biometric technology is a necessity in hospitals and healthcare facilities in order to identify patients and maintain secure access to their demographic data and medical history. It also helps to prevent the repetition of medical records and provides security for storing personal medical details of patients.
7. Financial Services
With biometric technology, financial institutions and banks can provide convenient and secure service quality. This technology makes it possible to accurately identify account holders and non-account holders; can potentially save banks millions of dollars in theft and identity fraud. It also sets up a firm concrete trail which improves operational efficiency and accountability.
Are you ready to implement biometric time & attendance technology in your firm? Contact Time Labs today to discuss your options.
