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Face recognition attendance systems have become quite popular across global businesses. According to a source, it reached a market of $1.37 billion in 2022 and will escalate up to $4.88 billion by 2030 at a CAGR of 17.2%.
The rising demand for face recognition AMS is also contributing to the overall demand for biometric attendance solutions. The global biometric system market size was estimated at $47.2 billion in 2024 and is expected to reach up to $84.5 billion by 2029, increasing at a CAGR of 12.3%.
However, the demand for face recognition is increasing more than other biometric solutions. Today, biometric attendance systems are replacing traditional solutions like punch cards, manual registers, and paper sheets due to many reasons beyond delivering heightened efficiency.
5 Key Reasons to Choose Face Recognition Attendance System
Eliminates the Risk of Buddy Punching
As per the US Bureau of Labor Statistics, employers accrue a loss of over $373 million per year due to buddy punching. It is a practice where a colleague marks the attendance of another employee during shift hours. The desired employee is not present but receives payment for the non-working hours.
Installing a face recognition AMS eliminates the risk of buddy punching, as it marks the check-in and checkout by identifying the unique facial characteristics of each employee. Moreover, if a face recognition system is assisted with liveness detection, it can eliminate the risk of proxy attendance via video recording or a picture.
Enhances Organizational Efficiency
A face biometric attendance system enhances employee convenience in many ways. For example, it curates accurate attendance timestamps, which can be integrated with payroll and reduce the workload of the HR and Admin departments.
Simultaneously, if the organization uses an attendance app with face recognition technology it can work through a regular smartphone or tablet. As a result, employees can mark their attendance from anywhere.
The check-in and checkout process also becomes simplified and saves the employees time. Moreover, it enhances the employee’s accountability during the shift hours. As a result, the burden of the workload isn’t distributed to the coworkers.
Minimizes the Organizational Costs
A major benefit of a face recognition system for employee attendance management is that it is a cost-saving solution. Primarily, it doesn’t require specialized hardware to function. Today, biometric attendance apps with liveness detection can manage attendance and other HRMS solution aspects easily.
So, organizations no longer require a command center to manage secure employee check-in and checkouts. Simultaneously, the installation and maintenance costs of biometric solutions are far lower than traditional systems.
Secure & Scalable Touchless Solution
Unlike traditional fingerprint or punch card machines, a face recognition system is completely contactless and scalable. It can work seamlessly via a smartphone, tablet, or IP camera. Moreover, the solution is touchless; therefore, it minimizes the hygiene issues associated with outdated systems.
Additionally, the solution can integrate with an access management system and simultaneously grant secure access to employees. Therefore, the biometric system can even enhance security while generating accurate attendance logs.
If it is an app or software, it can even integrate with existing software to streamline payroll and other HRMS functions.
Minimizes the Chances of Identity Theft of Fraud
Intrusion has become a major problem across organizations using traditional punch card systems. Enterprises are resorting to face recognition access control and attendance management systems to manage attendance and grant secure premise access.
Moreover, a biometric attendance system minimizes the chances of identity theft or fraud, especially if the system is equipped with liveness detection. Therefore, it can restrict unauthorized entries into the premises and channel attendance simultaneously.
Conclusion
Face biometric attendance systems have become extremely popular across global organizations. The demand for such a solution has increased because of many reasons. Primarily, a face attendance system makes employee check-in and checkout processes more convenient.
Simultaneously, it is a touchless solution, and since the pandemic, having a hygienic system for an enterprise has become very important. Moreover, face recognition systems are gaining popularity in the market because they can help avoid proxy attendance via buddy punching.
Likewise, a biometric attendance solution can also integrate with existing systems and streamline other processes. In conclusion, a face attendance system reduces the installation and maintenance costs of the enterprise.
Schedule a demo with us to learn more about the reasons to install a face recognition attendance system.