openPR Logo
Press release

Attendance Tracking Software Market Trends Forecast 2025

07-06-2017 05:27 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Attendance Tracking Software Market Trends Forecast 2025

Attendance tracking software is a sort of business software or application that is designed to optimize and track the periods that the workers or employees spend on the job and preserve records of the salaries and wages paid.

This is a common type of application used almost in business of all sizes. Attendance tracking software delivers management personnel with varied tools to aid minimize waste and maximize cash flow.

The programs is likely to maintain, generate and archive important tax and payroll information. The records ascertain importance during the event of audit by taxing authorities. A good attendance software suite is likely continue to function correctly as an organization advances.

Obtain Report Details:
http://www.transparencymarketresearch.com/attendance-tracking-software-market.html

It also aids to regulate labor costs by decreasing over-payments which are mostly triggered by paying employees for period that are not working, and reduces interpretation error, transcription error and intentional error.

Increasing need for employee efficiency and productivity is one of the primary factors driving the attendance tracking software market during the forecast period. Advanced analytical tools offers employers with enhanced understanding of the behavior of the employees.

Such perceptions have impelled organizations to apply content analytics and predictive in improving operational efficiency. Increasing cloud based solution is also another important factor boosting the growth of the attendance tracking software market across the world.

Switching to a cloud based software application helps in reducing money spent on installing, configuring and maintaining a system. It aids in accommodating organization’s growth easily and have the access to the current updates easily. Apart from this benefits, it is easily accessible from anytime and from anywhere. Increasing emphasis on workforce optimization and mobile applications is also bolstering the demand of the global attendance tracking software market.

Workforce optimization is likely to help improving productivity, service and reduces costs and risks. Increasing adoption of automation is also bolstering the demand of attendance tracking software market across the globe.

Automation of the system is likely to increase the productivity of the workforce since it carries out the repetitive tasks thereby allowing the workforce to focus on other productive tasks. Furthermore, it also increases accuracy and reduces the cost of operation.

Despite of numerous driving factors there are certain factors hindering the growth of the attendance tracking software market globally during the forecast period. Since the biometric system captures all the detail of an individuals’ such as fingerprints, that are possibly be compromised or hacked due to various security reasons. However, this factor is likely to have medium impact during the forecast period.

Increasing adoption of attendance tracking software among the small and medium sized organizations is likely to create opportunities in the global market. Moreover, inclination towards human resource analytics is also an important opportunity in the global market.

On the basis of types the global attendance tracking software market is bifurcated into proximity cards and biometrics. The proximity cards is further bifurcated into magnetic strips, connect less smart card and Radio Frequency Identification (RFID). Moreover, the biometric has been further segmented into fingerprint, facial recognition, hand geometry and iris recognition.

Get accurate market forecast and analysis on the Attendance Tracking Software Market. Request a sample to stay abreast on the key trends impacting this market.
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27017

Based on deployment type, the attendance tracking software market has been bifurcated into cloud and on premises. In addition, the market has also been segregated on the basis of end users that encompasses banking and financial sectors, healthcare, logistics and transportation, IT and Telecom, Retail, Government offices and others. The geographic bifurcation of the market comprises North America, Europe, Middle East and Africa, Asia Pacific and Latin America.

Some of the key companies in the attendance tracking software market includes International Business Machines Corporation (U.S.), Kronos, Inc. (U.S.), SAP SE (Germany), Automatic Data Processing LLC. (U.S.), Oracle Corporation (U.S.), Ultimate Software Group, Inc. (U.S.), Workday, Inc. (U.S.), Workforce Software, LLC. (U.S.), Reflexis Systems (U.S.), Inc. and RITEQ Pty Ltd. (Australia).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Attendance Tracking Software Market Trends Forecast 2025 here

News-ID: 612887 • Views: 403

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Attendance

Biometric Time Attendance Helps to Boost Productivity
In the progressive's world 'Time is money" and it is the essential factor to run a business and most of the recourses Biometric Time Attendance management is most Effective way to track work force. Payroll processing is often observed to be time-consuming and cumbersome in the absence of successful time attendance practices, which can result in dishonest behaviors such as attendance forging as well as employee irregularity, thereby resulting in
Global Attendance Machine Market Research Report 2025
This report studies the global Attendance Machine market status and forecast, categorizes the global Attendance Machine market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=124171 Table of Contents 1 Attendance Machine Market Overview 1.1 Product Overview and Scope of Attendance Machine
Greytip unveils cloud attendance management software
Bangalore, India ― January 28, 2013 ― As a part of their recent release of Greytip Online, Greytip Software had unveiled a comprehensive attendance management module integrated with its cloud based HR and Payroll software. Greytip Online has been well known for its payroll processing, reimbursement, statutory compliance management, and employee information management features. Now, with its new Attendance Management module it’s expected to provide extensive support for the HR team.
Time and Attendance Company Supports FLCMAA
Deerfield Beach, Fla. December 21, 2011 – Gatekeeper Business Solutions, a leading provider of time and attendance software will participate in the Florida Chapter of Club Managers Association’s Corporate Partner Program for 2012. FLCMAA is the professional Association for managers of membership clubs. With close to 650 members across all classifications, manager members run more than 300 country, city, athletic, faculty, yacht, town and military clubs. The objectives of the Association
Free Employee Time & Attendance Resources
Employee time clock software publisher now hosts free time and attendance tools for small businesses. FRESNO, CA – November 18, 2010 – Redcort Software has released new free online resources that provide businesses with handy reference tools. Resources include overtime rules for each state and calendars with the dates of common business and federal holidays. These free time and and attendance resources join Redcort’s free time card calculator that provides employees
RECORD ATTENDANCE INDICATES GROWING INTEREST IN HYDROGEN
Washington DC--April 8, 2009--Interest in hydrogen is greater than ever as evidenced by the record breaking number of participants at the NHA Conference and Hydrogen Expo. Held for the first time in Columbia, South Carolina March 30 to April 3, 2009, the event attracted 2,000 public visitors in addition to the more than 700 registered attendees-nearly twice as many as previous years. "Despite the challenges of working in a tightening