One of WorkAxle’s first enterprise customers (a major player in retail pharmaceuticals) came to us with a problem that was holding them back from going public: time theft
Despite already using geofencing and biometric solutions like fingerprints and iris scans, employees were still manipulating the system. And once one person figured out how to do it, it quickly became common practice. Those few extra minutes clocked in every day were quietly inflating payroll costs across the board.
“Even if it’s just 5 minutes a day, the difference on payroll is massive.”
In this short clip, Mat Diab, Founder at WorkAxle talks about how WorkAxle tackled the issue by introducing beacon-based time capture which is a new and improved method to precisely track employee hours in a tamper-proof way. The result was a 31% payroll cost reduction in the customer’s very first pay run post-implementation!
You’ll learn:
- Why traditional time tracking tools like geofencing and biometrics are vulnerable to misuse
- How small-scale time fraud can lead to large-scale financial impact
- What makes beacons a more accurate and secure alternative for time tracking
- How upgrading time capture technology can unlock immediate payroll savings
- Why innovation in WFM software doesn’t need to be complex to be impactful
This is a practical example of how modern workforce management tools can drive measurable results. Watch the clip to learn how better time tracking translates directly into stronger operational efficiency and cost control.