Do your construction project costs seem to always be on the rise, and your timelines are often spiraling out of control more than you’d like to admit? It’s your outdated timekeeping system wreaking havoc on your productivity and exposing you to time theft. Your manual paper timesheets just aren’t hacking it anymore. Those annoying pieces of paper bleed your budget dry and end up costing you big. When workers cheat timecards, your company ends up having to pay the price of increased labor costs and prolonged timelines.
According to the American Payroll Association, the average employee steals approximately 4 hours and 5 minutes every week. That’s six weeks of you having to pay for someone who never even showed up to the site–every year. So, how can you tackle invisible budget drains like this that are taking a toll on your profits? Prevention and elimination at the source.
Here are 5 Money-Saving Tricks for the Construction Industry:
1. Eliminate Buddy Punching
Biometric facial verification time clocks prevent workers from abusing the system and punching in their buddies by matching worker profile pictures with a picture of the person actually punching in. With time clocks that are on the jobsite, there is no ability for workers to trick the system, and they have to be onsite to actually check in and check out. With SmartBarrel, workers earn what they work for, and employers aren’t left footing the bill for time fraud. Eliminating unauthorized clock-ins with Smartbarrel saved LPL Solar LLC $7,500 per foreman a year.
2. Reduce or Eliminate Labor Costs from Time Theft
Time theft causes your labor costs to rise. Having real-time labor logs powered by biometric facial verification time clocks can lower labor costs by eliminating what you pay for people who aren’t on the site. Say goodbye to timesheet inconsistencies. You no longer have to worry that the time being recorded won’t match up with the work being done. Modern software like SmartBarrel helps keep an accurate track record of when workers badge in and out. Learn how Kiewit Saved $5,000 Per Day With SmartBarrel’s Attendance Tracking.
3. Kick Payroll Errors to the Curb
Your paper timesheets are costing you time and money, and manual timekeeping often leads to human error. Our timesheets are updated in real-time, no more sorting through indecipherable handwriting or chasing down missing logs. Get the accurate data you need in the format you prefer. Reduce errors and prevent fraud with SmartBarrel’s biometric time clock. Get 100% Accurate Timesheets. Often, manual timesheet discrepancies lead to payroll errors and disputes between the field and the back office. This can lead to wasted money and time. SmartBarrel can immediately start reducing payroll errors. Curious how CSS Solar reduced their payroll costs by 20% with SmartBarrel? Learn more!
“SmartBarrel revolutionized our workforce management at CSS Solar. With advanced features like facial verification, it’s not just a time-tracking tool; it’s our shield against time theft and inefficiency. Thanks to SmartBarrel, we’ve saved thousands of dollars monthly and gained invaluable peace of mind knowing our operations are more secure and streamlined than ever before.” – Jimmy Lee, President at CSS Solar LLC.
Take Back Control of Your Time Keeping
4. Quick and Easy Hardware Deployment
Traditional time clocks may take hours to set up and onboard workers, or they aren’t as rugged as they should be. The downtime from deploying these first-generation hardware systems reduces productivity and brings down morale. Every minute counts when your construction project is on a deadline, and SmartBarrel can get your team up and running on-site in 5 minutes or less. Our rugged solar-powered time clock hardware with built in LTE-connection capabilities keeps you connected regardless of the type of job site or weather conditions.
5. Mitigate Risks and Stay Compliant
Have you ever faced non-compliance fines for inaccurate wage reporting? Those penalties are no joke. SmartBarrel’s ironclad timekeeping records ensure compliance and can prevent costly legal issues like fines and insurance claims down the line. Our 100% accurate timekeeping records can provide you with the evidence you need to reduce the risk of legal issues. Our detailed timesheets and reports, including work reports and incident reports, keep you in the know and ahead of compliance issues.
“Our Texas pilot was a game-changer. We could see firsthand how SmartBarrel could streamline our processes and provide real-time data. The immediate improvement in efficiency and accuracy convinced us that this was the right solution for all our projects.” – Jordan Deal, Project Controller at Zone 4
SmartBarrel can help you save money by cutting construction costs related to budding punching, time theft, human error, workflow inefficiency, and compliance and risk issues. Don’t wait until the last minute or your next payroll nightmare to make the switch. Book your quick demo and start saving real money.
