Why Businesses Need To Keep Up With Time And Attendance Advances

When you operate a business you know how important it is for your employees to show up on time and stay the entire workday. The problem that a lot of businesses have is they are not sure when the employees are showing up and if they are working the entire day outside of the time clock. When people are using the older punch style clock though, it is very easy for these to be changed to the point that people are clocking others in and out so it looks like they worked. To avoid this the businesses need to know why they should keep up with the changes in time and attendance tracking devices.

The changes that are coming are going to be using the actual person. This is going to make it easier for people to avoid the fraud of others clocking them in and out. When this happens it means that the actual person will have to show up on time to clock in. So this will in turn save the company quite a bit of money to get the work done and know it is going to help them out quite a bit in getting the work done that they need to have done.

The advances are also going to help the company have a more accurate timing of when people are coming in and out. While you may not think about this, some people will find that sometimes a time clock that can be changed will be changed so people are not late to work. With this in mine, the newer technology tends to be more tamperproof and it will not allow the employees to change the time of the clock to meet their needs. This, in turn, allows the business to know that the employees are showing up when they are saying they are.

With the newer technology, it makes it easier for everyone to know how much vacation, sick leave, and comp time they have available. All of these are going to be important for people to know since this will help them know when they can take time off. So this will definitely be one of the main reasons why a company will want to keep up with the time and attendance advances and it will help guarantee that people are able to get the proper help and information for taking the time off.

Being able to find the right reason to come up to the modern technology when it comes to time and attendance can be a good thing for a business. By knowing about why they need to do this, though, it will be easy for the businesses to see that places like TimeTrex will be the best way to go. Then the companies can finally feel good about what they are doing and know the employees will have a reduced level of fraud, not be able to tamper with the clock, but also have some great information on how much leave they have built up.

Reasons To Choose Your Bid Bond From Bonds Express

The company known as Bonds Express is recognized as one of the leading surety bond agencies since 1967. They offer a number of distinct bonding-programs dedicated to contractors that are in need of a bid bond, a payment or performance bond. The performance, payment and bond bonds are all contract specific.

About Preferred Credit Approval

If you currently have a preferred personal-credit which is 700 or higher and you require bonding that is under $350,000 per a job, the sites offer and easy online application that does not require any financial statements. If you manage to meet up to the credit requirements, length which must be under a year and the contract size, you can receive your bid and your performance bond approval within as little as one day.

About Good Credit Approval

If your personal credit score is 650 or higher along with a business credit score of 65 or higher, and your bonding requirements is under $300,000 per a job, there is also an easy online application form available that requires no financial statements. When you match up to the credit requirements, length which must be under 6 months and the contract size, you can receive approval on your bid and your performance bond within in as little as 2 business days.

About Bad Credit Approval

If you have a challenged credit score and you are in need of a bid or performance bond, Bond Express offers a solution. They have a program that is designed specifically for the contractors that have low-net worth, bad credit or no previous bonding experience. The program comes with a number of benefits such as a guaranteed dispersal for drawing your funds within 72 hours when you request it as well as the opportunity to save money on the materials you use. The program is dedicated to the contractors starting at $100,000 up to a ceiling of $10 million per a job. This program will base your approval on your history in the form of a contractor opposed to your credit scores.

Hazardous Bonds, Small Bond Penalties And Credit Issues

If your specific Bid and Performance requirements cannot be met through the standard Surety options, like hazardous bonds such as asbestos abatement, mine reclamation or small-contract amounts or when you have been turned away from other Sureties and you have no other choices. The Bid and Performance program on offer from Bonds Express will usually match up to your requirements as long as you are able to provide an Irrevocable Letter of Credit which does not exceed 25% of the overall contract amount.

Standard Credit Approvals

The approval for this option will depend on a number of factors which usually necessitates additional underwriting compared to the other programs. The reason for the additional underwriting has to do with the fact that this program is on offer to just about anybody. If your financials and credit is good, then your Bid Bond and Performance Bond will be made available to you at outstanding rates.