Small business owners can spend many hours processing payroll each pay period. And this does not include all the time spent trying to stay current with labor laws and business regulations. Business expansion becomes a double-edged sword as hiring more employees often means bringing on additional payroll specialists to accommodate your company’s growth and monitor increasing payroll compliance. Many companies turn to outsourcing their payroll processing and labor management to help cut costs and leverage revenue. Whether you choose to outsource your payroll processes or keep them in-house, payroll time clock software will help you maintain labor compliance by enforcing employee accountability, ensuring overtime rules are followed, reporting other payroll income, and tracking employee time and attendance.