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Attendance Enterprise

Potential for Savings Analysis Using this form:
    First, fill out the required company information. Then, you may change any of the predefined values in each savings section. Finally, hit 'Total' to calculate your savings.

Company Information (Required)

Example
A1. Number of employees:50  employees
A2. Average Hourly Pay Rate:$10.00  dollars/hour
A3. Average Hourly Rate of Supervisor:$17.00  dollars/hour

Human Error Factor Savings

Example
B1. Pay Period Hours:40  hours/pay period
B2. Total Weekly Payroll:--  dollars/week
B3. Human Error Factor:0.01  percentage of error
B4. Weekly Savings:--  dollars saved per week

Auditing Savings

Example
C1. Minutes Saved Per Timesheet:6  minutes saved
C2. Total Hours Saved:--  hours saved per week
C3. Weekly Supervisor Savings:--  dollars saved per week

Corrected Time and Leave

Example
D1. Percent Corrected:0.2  % of timecards corrected
D2. Number of Corrections:--  corrections/week
D3. Minutes Saved Per Timesheet:6  minutes
D4. Total Hours Saved:--  hours saved per week
D5. Weekly Supervisor Savings:--   dollars saved per week

Data Entry Savings

Example
E1. Minutes Saved Per Timesheet:3  minutes
E2. Total Hours Saved:--  hours saved
E3. Weekly Supervisor Savings:-- dollars saved per week

Lost Time Savings

Example
F1. Lost Productivity (Daily) in Minutes: 6  minutes lost per week
F2. Average Wages Overpaid Weekly: --  $ overpaid weekly/ employee
F3. Total Wages Recaptured: --  dollars saved per week

Savings Summary

Human Error Factor Savings:

Auditing Savings:

Corrected Time and Leave Savings:

Data Entry Savings:

Lost Time Savings:

Total Weekly Savings:

Total Annual Savings: