Sentric, Inc., a leader in cloud-based workforce solutions, announced today the availability of SentricTime, a turn-key, auditable time management solution that will support Affordable Care Act compliance while minimizing administrative burdens for HR staff. Built on the same platform as SentricTLM(R), the company’s flagship time and attendance solution, SentricTime delivers an easy to implement, quick deployment option that
includes a free time clock and low monthly cost.
“SentricTime has two great benefits,” said Jim Devaty, Time and Attendance Implementation Manager at Sentric. “It’s a great option for businesses that want to have more automated and auditable controls to help manage employee time, but may not need all of the capabilities in SentricTLM(R). It’s also a fast deployment for businesses that are looking for immediate ways to make ACA compliance easier.”
July 1, 2013 will be the last day employers can begin gathering data to determine whether or not they meet large employer status under the ACA. The law mandates specific calculations to determine employer size and the data for those calculations must be gathered over a six month period in 2013, beginning no later than July 1st. Recognizing some employers might not be prepared for the administrative work facing them, Sentric created SentricTime to be up and running in just a few days.
After speaking with clients, and surveying attendees at a recent webinar hosted by Sentric on Employer Shared Responsibility, “The Next Steps in Health Care Reform: What you need to know about the July 1 deadline,” Devaty said he believes as many as half of mid-market employers are still trying to figure out their options for health care reform and how they will be gathering pertinent data. “There was no question that we needed to offer a solution,” he confirmed. “And it had to be a cloud solution to make it as quick and easy as we wanted it to be.”
Penalties for non-compliance of the Affordable Care Act can be up to $3000 per employee. “With the new features being offered by Sentric, we hope this is a no brainer,” said Devaty. “For less than $35 per employee per year, employers can protect themselves from penalties that can go as high as $3000 per year.”
Included in SentricTime will be overtime, rounding and holiday rules, the most commonly used time and attendance features, employee self service, and the ID Punch 7 Proximity Reader or a Web Clock. Of most interest, SentricTime will also include reports specifically designed to aggregate key ACA data with the click of a button.
In order to make the transition to a time application quick and easy, Sentric has waived its implementation fee, will provide a free clock and has created a low per employee, per month cost.
Current SentricTLM(R) users are still able to use their current solution, but will see that an already powerful solution now includes the new ACA reporting features of SentricTime at no additional costs.
Additional clocks are $.75 per employee per month with a minimum $35.50 per month fee. Additional badges are also $50 per lot of 50.
New and existing customers can contact the Sentric Sales Team at 1.888.729.7654 for any questions about the new SentricTime product.
About Sentric Inc.
For 20 years, Sentric has serviced the middle market with HR, time and attendance and payroll solutions. Today, we deliver integrated workforce applications in the cloud. Our mission is to secure clients for life by ensuring software and service work together to solve real business problems. We think our 97 percent customer satisfaction and 96 percent customer retention rate are pretty darn good, but we’re always improving. Learn more at www.sentric.net.
CONTACT: Colleen Stroh, [email protected]