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Time Spot Inc. A Vitrix Company

in this issue

message from the VP of Corporate Sales

Dear Subscribers,

There are very few business decisions that can simultaneously address organizational goals of greater return on investment, increased profitability, risk mitigation and increased compliance.  And once these goals are established, how do you strike a partnership with an organization to support them when that organization does not excel in your core competencies? It is done by letting that organization focus on their core competencies of course.  Ladies and Gentlemen, I give you Workforce Management.

Workforce Management, Time and Labor Solutions, Time & Attendance…pick the name you like, but the end result is the same; a unique opportunity when one partnership delivers multiple, tangible and predictable top tier results. The reasons why large organizations select Workforce Management to support them are often varied but tend to still satisfy the aforementioned goals:

- tighter controls; Sarbanes-Oxley, Overtime, FLSA, etc.
- greater accountability
- employee self service
- direct and indirect labor costs savings
- operational efficiency

Because money is always a popular topic, many companies preach ROI ad nauseam, pointing to sometimes obscure supporting statistics. The results are seldom there as promised when all is said and done. However, Workforce Management is drastically different. The American Payroll Association (APA) estimates that a well-deployed Workforce Management Solution can save an employer, on average, 1% - 8% of their gross annual payroll. Time Spot, for instance, has a Fortune 500 client that has enjoyed an $11M, three year savings directly attributed to its roll-out of an automated Workforce Management solution.

There are many choices to make in this area. It is important to choose a partner who is:

- Willing to commit to uncovering your needs
- Spends time understanding your processes
- Whose unique focus is Workforce Management
- Is nimble, professional and experienced (providing applicable solutions       and who have been around over ten years usually fits the bill.)

Time Spot continues to seek innovative ways to support our current
and future clients in the specific niche of Workforce Management solutions. We are a unique organization, not only because we develop our own software and manufacture our own hardware, but because our size puts us in a special category of not-too-big and not-too-small, but just right to back up the statement “We want to be your Partner”.


Greg Fioriti
VP of Corporate Sales
Time Spot, Inc.

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customer announcements

Phoenix Elementary School District

ExtendTimeTM Running on Cisco IP Phones Enables Tracking of Workforce Data. Read More

Pemiscot Memorial Hospital 

Time Spot Provides Customized Payroll Interface and Reporting System To Help County Hospital Manage Time and Attendance. Read More

Wright Express

NETtime system selected to manage the time and attendance of  employees nationwide. Read More

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industry article

Learning to Love Sarbanes-Oxley: A few companies have discovered that compliance actually helps to cut costs

Overview: Companies large and small are investing a significant amount of time and dollars to ensure that they are compliant with section 404 of the Sarbanes-Oxley Act, which deals with accounting errors. Some companies are discovering, to their surprise, that taking inventory of internal controls can do more than unveil accounting issues. Read Article

What do you think about this article?  We want to hear from you!

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upcoming events

Attend a NETtime Demonstration

Please join us Wednesday, December 14th for an introduction of our web-based time and attendance system that can provide administrative relief to your payroll process, IT resources and bottom line. New to NETtime? Attend the Webinar and also receive a complimentary coffee card - register today!

Click here and hit the "Enroll" button to register.

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survey question

Does your company use IP phones to track time & attendance?

Click here to answer!

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about us

Time Spot, Inc. is a leader in web-based, client-server and desktop time and labor management solutions. The company's family of software and data collection products automates employee time and attendance tracking, the management of labor resources and payroll processing. The Deloitte Technology Fast 500 honored Time Spot as one of the top fastest growing technology companies in North America for 2004 and 2003.

Contact Time Spot for more information:

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