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The Biometric Revolution

Company Profile

247 Technologies presents the ultimate “Sabre Rental” solution for Access Control and/or Time and Attendance right through to payslip.

  • Available to small, medium and large businesses
  • From 5-5000 employees
  • Unlimited access to administrators, sites and clocking devices.


Has your business ever experienced??

  • Buddy clocking
  • Late arrivals / early departures
  • Frequent & extended smoke breaks
  • Frequent & extended toilet breaks
  • “Planned” sick-leave
  • Unauthorized overtime
  • Loss in production due to time lost


WHY LEAVE YOUR MONEY ON THE TABLE??

The solution: A 36 Month Rental Contract

HAVE YOU EVER CONSIDERED?


  • What your business is losing daily through lack of proper time and attendance controls?
  • How your productivity is affected by the irregular attendance of your staff by way of theft of time especially extended smoke breaks, tea and lunch breaks, toilet breaks, late arrivals and early departures.
  • The productivity lost as a result of buddy clocking.
  • The combination of minute’s stolen and lost productivity, giving a two-fold monetary loss to your business.



Benefits of
“Sabre Rental”:

  • Unlimited real-time remote training and support via the internet, saving you time and money
  • One year warrantee on all hardware
  • Sabre Software through to pay slip or through to existing payroll such as VIP or Pastel.
  • Full time and attendance, including normal time, overtime, and night shift allowance etc.
  • Remote sites can be controlled from your head office via the internet.
  • Hardware ownership passes to you the client at end of the 36 month contract.
  • Some products support GPRS for remote sites where internet access is not available. Setup and Hardware rental will apply (Monthly cost is between R1 to R10 per staff memeber per month depending on volume per site) See remote data collection for pricing
  • No escalation of interest rates
  • Use of Enjoyment - The Rental concept allows the full use of the equipment, but does not confer right of ownership. A “Rental” may be defined as the uninterrupted use of equipment for a period of time at an acceptable cost to the user.
  • Tax Effects - Rentals are 100% tax deductable as an operating expense. The budget is therefore not affected by Capital Expenditure constraints and allows the user the flexibility to upgrade within the rental period, or within a fiscal year. Value Added Tax is not capitalized on the agreements but paid monthly on the rental. This provides savings at the time of upgrading as VAT is only paid for the period the equipment is in use.
  • Terms - Our Standard agreement is for a 36 Month period and is escalation free.
  • Accounting - As a rental is an operating expense, it is not reflected on the balance sheet in any way. Rather it is shown as an operating expense in the income and expenditure statement and noted in the accounts as a commitment.
  • Using Sabre Rental will eliminate the loss of time of admin staff having to manually capture old clock cards, or record data from register books.
  • Using Sabre Rental will eliminate the human error associated with this practice or the deliberate changing of data to benefit friends.
  • Using Sabre Rental will eliminate Buddy clocking and manual entry by the employees relating to time worked.


THE COST TO YOUR BUSINESS (Components for Case study)

  • Number of employees
  • Clocking’s per day 8 (start of day, start tea, end tea, start lunch, end lunch start tea, end tea, end of day)
  • Average hourly rate of pay
  • Total minutes lost per day per employee
  • Cost of hourly production time per employee
  • Total minutes lost per day per employee
  • Combination of 4 and 6


Download the full document to get example calulation of savings based on staff complement


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