How to Prevent Time Card Fraud with CloudApper AI TimeClock
From handling employee queries to ensuring accurate payroll — HR professionals have to do a lot of things. But there is one problem that always gets everyone riled up, and that is time card fraud. An activity that employees often do to earn more with minimal work. The worst part is that it’s very hard to identify if anyone is stealing time or not. Even if you identify the people who are doing such fraudulent activities, it’s even harder to prevent them from doing the same thing again in the future. This is where CloudApper AI TimeClock can come to the rescue.
What is Time Card Fraud?
Employees intentionally falsify their time cards or time sheets to get paid for time they did not work. Employees can commit timesheet fraud in a variety of ways. It could be buddy punching for someone who is running late, or it could be employees themselves falsifying punches by checking in early or exiting late. Even seemingly simple activities, such as misrepresenting the time spent on a task, can pile up.
The Consequences of Time Card Fraud
Time card fraud can have serious consequences for your company. The most immediate impact is financial loss, as paying for unworked hours reduces your revenues. Beyond that, time card fraud can lower staff morale. When honest employees see colleagues taking advantage of the system, they develop a sense of injustice, which can lead to lower productivity. Finally, if your business is proven to be careless in dealing with timesheet fraud, it may face legal issues in some areas. All these problems can be solved with the help of CloudApper AI TimeClock.
CloudApper AI TimeClock: Your Shield Against Timesheet Fraud
CloudApper AI TimeClock can help you prevent timesheet fraud thanks to its AI features. First, there’s the multi-modal authentication function. Employees can clock in and out by verifying their identity using biometric authentication, such as face ID or fingerprints. The CloudApper AI TimeClock can easily be configured to include NFC/PIN/QR code verification. This provides an additional layer of security for your company. The AI TimeClock also includes geofencing. The Geofencing tool allows you to set a radius around the workplace. Employees can clock in and out only from that zone.
Read the rest of the article to learn how you can prevent time card fraud with CloudApper AI TimeClock.
