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Some years ago, employees would queue for minutes to sign in for work. This process was cumbersome, hectic and full of erroneous data. Even worse, employees would sign in for each other, and companies would struggle to compensate for the time of theft. Thankfully, newer biometric systems have become popular and efficiently streamlined workplace attendance. While this technology has helped companies recover, it directly influences the price of attendance systems. So, let’s take a closer look at how and why using biometric technology affects the cost of attendance systems.
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Hardware and Software
Over the years, the type of hardware and software used on attendance systems have changed drastically. Modern systems require specialized hardware and software to capture, store and transmit data to interconnected systems. Therefore, the cost of these minor components influences the overall biometric attendance system price.
Fingerprint scanners, iris scans and face recognition cameras are expensive, making these attendance systems costlier. In addition, they use high-end algorithms to compare biometric data with individual identities, giving them an edge over traditional systems.
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Development and Customization
Modern biometric systems require additional development and customization to function appropriately in an organization. These steps make the biometric attendance system cost more because they’re designed to make it work better. Unlike old systems that you could use right away, the KENT CamAttendance systems need to be connected to the HR and security systems first.
This allows them to provide real-time actionable insights through reports and dashboards and requires customization to schedule reports automatically to assist with HR functions.
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Security and Compliance
Biometric attendance systems have better security and compliance features than traditional machines. Fingerprint, face and iris scanners are built with audit trails, encryption and access control that limit exposure of sensitive data. They allow only authorized personnel to access various areas of a building or organization, strengthening internal security.
However, the security and compliance features of face recognition biometric attendance systems are costly, and business pay subscriptions for them. For example, KENT CamAttendance offers subscriptions for cloud storage, API integrations and multi-user capabilities.
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Reliability and Accuracy
Modern biometric attendance machines trump other systems because they are highly accurate and reliable. Biometric technology uses advanced features like artificial intelligence to improve employee identification and reduce time fraud. These high-cost AI systems require ongoing development to work seamlessly for any organization.
Therefore, such an advanced system will cost more than one with basic features since they provide an extra layer of safety. Besides, they relay real-time data for attendance tracking and immediate correction.
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Systems Variety
Biometric technology has facilitated the development of various time attendance systems. These include face recognition systems, fingerprint scanners, iris recognition and keystroke dynamics. All these systems use unique technology, which influences the difference in biometric attendance system prices.
Face recognition biometric attendance systems are pricier because they use AI systems that instantly differentiate between a real person and a photo. The other systems without AI capabilities will cost less, as they are less effective and cumbersome.
While integrating biometric technology in attendance systems has enhanced their capabilities, the same cannot be said for their prices. However, the competitive market prices ensure that firms of all sizes can access systems fit for their operations. The hardware, software and features that go into building these machines are more high-performance than standard ones. Hopefully, this guide answers your questions about the correlation between biometric technology and the prices of attendance systems.
