www.dealerbusinessjournal.com/articleview.php?id=135-71 -
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Published on: 2/1/2007
Last Visited: 8/9/2007
Chris Knox, owner, Auto Company of Dallas, Dallas, Texas
Auto Company of Dallas is a small buy here-pay here operation with 480 accounts and a $3 million principal balance.With six employees, including himself, Knox is always on the lookout for cost-saving ideas.
"We needed a time clock and I almost fell over when I saw how much they cost," Knox said.
He found an Internet based service that will keep track of an employee's time records.
"The service costs jut $5.99 a month if you have five employees," he said."We've been using the service for seven or eight months, and it has worked very well."
He said the system is handled completely over the Web, from the set up, to his automatic payments, to the employees who "punch in" over the Internet.
"It's set up so they can only punch in from our ISP," Knox said."You wouldn't want them to have the ability to punch in from home or the beach."
Knox said he receives a complete report each month, and he uses the reports to submit the employee's time records to his payroll processor.