Tuesday, November 8, 2011

The business of time: Selling time machines

PhillyBurbs.com has a nice profile on time-keeping and biometric time-and-attendance entrepreneur, Michael Hoover.

Those time clocks that punched paper cards are such a thing of the past (phillyBurbs.com)
Biometric readers, machines that read finger or palm prints, make up about 75 percent of the hardware the company sells. The systems eliminate fraud and "buddy punches," in which employees clock in for friends who aren't really working, Hoover said.

"Time and labor management (as an industry) is narrow," he said. "But it's very deep in sophistication of payrolls and schedules."