Even though few employees were computer savvy, they easily learned the system and were eager to participate in the new “high-tech” part of their job. In addition, employees have embraced the additional information the complete solution provides. Employees have instant access to view and print their “hours-worked” and “personal time off” balances — information that was never before available at their fingertips.

The right choice saves money
Since implementation, our client has seen their labor (as a percent of revenue) decrease from 42% to 38%.

While larger organizations struggle with the costs and compliance relates to complex policies, involving multiple passwords, small and medium sized businesses have the opposite problem – they don’t have the IT infrastructure or dedicated security resources to enforce strong policies. They are vulnerable, and they know they are vulnerable.

80% of security attacks investigated by Computer Emergency Response Team (CERT), are password-related.

35-50% of all help-desk calls are password related and password issues cost approximately $150 per user per year. - SC Magazine, “Passwords Exposed” June 2003

In addition, with the growing reliance on technology many companies are struggling to balance security and regulatory concerns (like HIPAA) with true ease-of-use for easy adoption by employees. Although there are many options to blend these requirements, the use of biometric (fingerprint) authentication is the most successful. This solution eliminates the pain of end users having to remember (and change) their username and password, and eliminates the potential for defrauding the system – as duplicating another person’s fingerprint would be extremely difficult.

IT Powered and its partner, Digital Persona, have implemented solutions which, cost effectively, solve the security and ease of use problems.

IT Powered has engineered a unique solution using check image scanners to capture the check image and a web front-end to present the image and collect the few other required elements. A back-end process then converts the data into an ACH transactions and imports the collection information into the billing and accounting application.

One client company estimated that it took five to seven days before checks they received were translated into cash in the bank; now it only takes one to two days. They also estimated that they gained an hour each week using the simplified cash receipts process with the automatic accounting imports – that’s time they can now devote to their residents!