The app automatically generates summary letters that are printed and mailed weekly to each employee detailing their compensation breakdown and 401(k) contribution amounts. With time card data logged in to the app, Cameron can pull up an employee record and see the exact hourly rate that an employee was paid for a job, plus fringe wages and benefits applied as compensation. Since 2009, the app has logged approximately 28,000 time cards.
Because Quickbase is an online app, project managers who are out of the office can access the information using any device from any location. And Coopers Spanish-speaking employees can input information and receive letters in their native language.
Success Measured in Dollars and Time
The excellence Cooper achieved in its time card app saves the company staff time and eliminates the need to manually calculate employee compensation and fringe wages in spreadsheets. Cameron estimates that his company saves about $20,000 a year in payroll taxes because he can accurately estimate employee fringe compensation across all job sites and deposit overages into 401(k) accounts for employees instead of paying them in cash.