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Save with Automated Time and Attendance

Calculate your Own Savings

 

AUDIT SAVINGS

Sundial eliminates the cost associated with manually adding up time cards, calculating overtime, adding up tips, advances, commissions, and other items. The ease of importing data directly into your current payroll software can be a significant savings as well.
These savings are conservatively based on this activity taking an $8/hour employee about five minutes per timecard, calculated over a one year period

LOST TIME SAVINGS

Sundial eliminates the cost associated with employees losing time by coming in late, longer lunches and breaks, and leaving a few minutes late to collect overtime.
The savings for this example is are based on an employee wasting 10 minutes per week. However the industry average is 4 hours and 18 minutes.

HUMAN ACCURACY

Sundial's RealTime Time attendance software eliminates the accuracy errors in reading time cards, transposition errors, missed entries, and accurately applying overtime rules and shift differntial amounts.
This savings is based on the low range of error generally found to be between 1%-8% of total payroll. The 1% error factor is calculated over a one year period.

TOTAL COST JUSTIFICATION

In addition to lowering labor cost and eliminating the hassles of manual systems, Sundial Time Systems saves time and money! A 100 employee company will save approximately 38,000 in the first year with Sundial over manual systems. With just 20 employees, your Sundial Time System will pay for itself in about 68 days!
These savings may be significantly higher if no timekeeping system is in place or the current system is based on hand written time sheets.

 

Number of employees:
Hourly rate of manager or payroll clerk who audits time cards:
/hour
Average hourly rate of employees:
/hour
Average minutes per week overpaid for time not worked*:
/week
*The examples given earlier are based on just 10 minutes per day.
Studies show the average is 4 hours and 18 minutes weekly.

Annual Audit savings :
Annual Lost Time savings :
Annual Human Error savings :
Total annual savings :

     * Current studies show manual time calculation to be around 7 minutes per employee. We are using 5 minutes in the above estimates. Human error is generally between 1% and 8%. We use 1% as a conservative estimate for this savings calculation. This tool is meant to provide a conservative estimate only; actual savings will depend on the specific values for your company.

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