3 Ways a Visitor Management System Can Help You Save Money

Ways a Visitor Management System Can Help You Save MoneyWays a Visitor Management System Can Help You Save Money


Now more than ever, businesses need to be able to maintain their budgets. One way that businesses can reduce their budgets and save money is by using technology at the front door. When businesses use a visitor management system, they have to pay an upfront cost for the system, but over time it pays for itself. In this article we would provide ways a visitor management system can help you to save money.

What is Visitor Management System?


A visitor management system uses a computer system and app to record who enters and exits a business. Visitors sign in and the system records the time. The system can alert key employees when a guest enters the building. The data is stored in the system for a set amount of time.

3 Ways a Visitor Management System Can Help You Save Money


Now let us quickly check various ways to save money using this system.

1) Reduced Employees Costs


Visitor management systems take over the job of a receptionist. While most receptionists are at the lower end of the payroll, all human resources costs are part of a business’s budget. Replacing a receptionist with a computer system does involve an upfront cost, but it does not involve a regular paycheck.

Receptionists need to be at the front desk the entire time that the business is open. Since many offices are open longer than the traditional office hours, receptionists might need to be at the desk for up to 24 hours per day. With a visitor management system, only a computer needs to be at the desk. Someone needs to maintain it, but that does not require the same amount of hours as a receptionist would need.

2) Efficient Search Capabilities


With a traditional reception and logbook entryway, businesses use a significant amount of paper. Usually, when people sign in to a business, they use their handwriting, which is often illegible. Businesses need to figure out how to store this information and how to search it. Digging through hand-written records takes time.

But, if you use a visitor management system, all of the records are electronic. They organize themselves, and they are easy to search. When a record needs to be found, an employee can do it with a few keystrokes. This is more cost-efficient than searching through log books.

Another cost-saving benefit of using electronic records is the reduction in office supply costs. When visitors log in through a computer system, they do not need to use paper or pens. This might not seem like a big expense, but over time it adds up.

3) Honest Client Billing


When the contractors bill by the hour, businesses often have to trust that the time they bill is accurate. With a receptionist and paper log system, it is difficult for businesses to check that their contractors are using honest billing techniques. However, with a visitor management system, it is easy to see when clients checked in and checked out. Businesses can save money by double checking billing hours before they pay them.

When it is easy to check on billable hours, the employees who would dig through log books can do other tasks. When businesses can use their employees in useful ways, they make better use of their budgets. When productivity increases, the bottom line increases, too.

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Team – Myinvestmentideas

Ways a Visitor Management System Can Help You Save Money

Suresh KP

I have done my Post Graduation in Finance. I have over 20 years of experience in analyzing various investment options and money saving ideas. I love doing financial planning, Mutual Fund Analysis, Searching long term Stocks for wealth creation, IPO Reviews, Analyzing Life Insurance and Health insurance Plans etc.

1 Comment

  • Bharatkumar Bhate

    (April 24, 2020 - 1:42 pm)

    I had already asked this question and awaiting answer. (1) I am healthy with no health problems but are of 67. Apart from Tata AIA which company gives term plan at this age. (2) My wife is also healthy but has occasional ventricular premature contractions of heart. Which company will give term plan. Her ECG in medical test will show VPC.
    Thanks,
    Bharatkumar

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