Ben Petersen, CRO
It’s a question that is frequently heard around the workplaces and too often acknowledged with a “sure.” But the effect it has on the cost of a business is alarming. According to a study by the American Payroll Association, buddy punching affects more than 75 percent of the companies throughout the U.S. It costs businesses two to five percent of gross payrolls, amounting to hundreds of billions of dollars annually!
However, an increasing number of enterprises and organizations have started circumventing such scenarios today by employing biometric authentication platforms for recording workforce time and attendance. It’s not only saving labor costs for them but also improving HR compliance, enhancing security, and increasing productivity. Given such benefits, consequently, biometric authentication has been witnessing widespread adoption over the years, and the entry of a few innovative players and platforms into the domain is further making the process of biometric authentication easier, cost-effective, convenient, and lucrative for enterprises.
Findd has emerged as the leading innovative biometric authentication platform. Remarkably, Findd is an intelligent mobile time and performance platform that has an exceptional ability to turn any smartphone or tablet into a sophisticated biometric time clock. The platform combines cutting-edge facial recognition technology along with geofencing and 3D microlocations to help prevent attendance and time fraud. What is unique to Findd’s biometric authentication system is that unlike many other facial recognition platforms that require manual comparison by supervisors in the backend for each and every punch, Findd’s system leverages advanced technologies and includes an advanced learning algorithm that verifies the identity of an employee astutely. If the system isn’t confident in the identity of the employee, then the system notifies the supervisor to look into that specific punch. This saves tremendously in the time spent managing timecards and boosts confidence in the integrity of the time on the timecard! And while managing the time and attendance, Findd also improves the performance of the employees by allowing custom checklists for the employee for when they punch out. Thanks to these innovative features, Findd is regarded as a game-changer by many of its clients.
To top it all off, since Findd does not require any other proprietary hardware or training, it is incredibly cost-effective and easy to roll out. “The learning curve is so small with Findd because it is a simple and intuitive platform while still maintaining the power and feature-set that companies crave. We have implemented our system in organizations that have thousands and thousands of employees in a matter of days,” says Ben Petersen, CRO at Findd.
Once the biometric records and data are captured, the information is transferred to Findd’s cloud-based biometric management platform – Grandd Central. It has an intuitive dashboard that gives the employers a bird’s eye view as well as an individualistic view of their employees’ activity. Grandd Central comes with an advanced payroll module to ensure that payroll is tracked and processed with the highest integrity.
Findd is an intelligent mobile time and performance platform that has an exceptional ability to turn any smartphone or tablet into a sophisticated biometric time clock
The payroll dashboard also provides detailed and customizable views concerning the clocked hours, resource utilization, activities at different locations, and more. It further shows the employees’ and supervisors’ approval of timings through a series of graphs, thereby eliminating any discrepancies. Moreover, Findd integrates with many other time and labor management solutions to provide a personalized experience for each organization.
Interestingly, Findd has an exception-based system for employees as well. “We always err on the side of the employee by always letting them punch in or out. We never want an employee to be left in a situation where they are unable to punch and then need to call their supervisor,” adds Petersen. If an employee is not at the right location or if their facial recognition is below a standard score, Findd still lets them punch in. However, the powerful system notifies the administrators regarding the exception so that they can address the issue.
Another edge that Findd has over its peers is its offline mode functionality. Findd doesn’t require internet connectivity for the employees to punch in and out. “A case in point is one of our client’s service installations across the U.S. which are often in basements of buildings– without access to neither cellular nor Wi-Fi. Our app is on a tablet in the basements, and employees punch in and out throughout the workweek. Once a week, a supervisor simply takes the tablet up to the surface, connects it to cellular and all the punches for the week then upload. Our clients love it,” substantiates Petersen. He also cites another success story as a testament to Findd’s efficiency in time and labor management. When one of Findd’s clients had a sitting with the U.S. Department of Labor, Findd’s intuitive system helped them collate relevant information regarding a particular employee swiftly. What could have been a lingering issue was settled in a matter of hours.
Findd also has an applicant tracking system that seamlessly facilitates hiring tasks, especially for odd jobs and short-term gigs. The applicants can keep track of the job opportunities from their mobile phones, and the system will assign them to the selected job.
Findd thus presents itself as a platform that nullifies the gap between technology and the working class. And in the wake of the COVID-19 pandemic, Findd is the ideal biometric platform for contactless authentication. Also, as the workforce is becoming more decentralized and remote than ever, the platform is providing an excellent opportunity for employers to keep track of their employees’ activity and productivity in real-time. “We make time and labor management a seamless process, which has enabled us to go neck and neck with some of the major players in the industry,” states Petersen. And with that zeal, the company is presently building a lot of strategic partnerships that would allow them to enhance their offerings for the near future.