Percentage of time records that are submitted electronically

This measure calculates the percentage of time records that are submitted electronically. A time record is a single line item on an individual employee's time sheet/card during the course of a single time/payroll period that is assigned distinct coding for application to appropriate budgets, projects, etc. This measure is part of a set of Process Efficiency measures that help companies optimize their "report time" process by minimizing waste and refining resource consumption.

Benchmark Data

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Measure Category:
Process Efficiency
Measure ID:
104487
Total Sample Size:
731 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Compute this Measure

Units for this measure are percent.

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Percentage of time records submitted electronically

Key Terms

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Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.

Measure Scope

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Cross Industry (7.3.1)

  • 9.5.1.1 - Establish policies and procedures (10853)
  • 9.5.1.2 - Collect and record employee time worked (10854)
  • 9.5.1.3 - Analyze and report paid and unpaid leave (10855)
  • 9.5.1.4 - Monitor regular, overtime, and other hours (10856)
  • 9.5.1.5 - Analyze and report employee utilization (10857)