Businesses in the U.S. lose approximately $148 Billion each year as the result of inefficient time and attendance accounting, as reported by the American Payroll Association. Buddy Punching and Schedule Exceptions cost the average business 5% of total payroll. All businesses, large or small, have the added benefit of protection against certain types of lawsuits as the system provides an irrefutable record of attendance. The MinuteHound™ Time Clock completely eliminates this problem, saving thousands of payroll dollars.