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Payroll Savings Calculator

How much could ExakTime save you?

Find out how much you might be wasting on paper time cards every year.

After you run the numbers, it’s clear how fast manual time tracking drains budgets. A 25-person crew relying on paper timecards can lose more than $15,000 a year in payroll errors alone. With 50 employees, payroll teams waste nearly a full workday every week chasing down and entering hours. And at 100 employees, 3% of payroll can vanish to time theft. ExakTime eliminates these losses with accurate, automated time tracking — giving you back control of your labor costs.

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Wasted Time This is what you'd save by not having to manually calculate and check the accuracy of paper time cards. The American Payroll Association (APA) estimates that these steps take a payroll employee approximately 6 minutes* per time card. $0.00

Human Error Save this amount by eliminating the human error that goes with paper time cards. The APA reports an error rate of 1-8% of total payroll in companies that use traditional time cards. We used a 1% error factor for this calculation. $5200.00

Overpayment Late arrivals, long lunches and early departures cost you time and money. Paper time cards mean you foot the bill. According to the APA, the average weekly "theft" of time is 4 hours and 5 minutes per employee! $0.00

Real results in action

Our featured resources explore construction case studies and insights built from real-world experiences across workforce management, compliance, field operations, and more.

What construction companies like yours are saying

My company uses Exaktime for accurate employee time reporting per job, and the report feature makes it incredibly easy to calculate our labor expenses and determine how much money each job earned. For even more in-depth reporting, we've been able to work with the Advanced Analytics team to create custom reports that will save us roughly three hours of labor per week.
Verified ExakTime User (Source: G2)
Construction, Mid-Market Company (51-1000 employees)
I’m thrilled to have finally found an HR management solution that’s agile and forward-focused.
Debora Galchick
HR Director, Bison Gear & Engineering Corp
I love all the reports you can pull. Clocking In and out of jobs are made extremely easy for everyone. I also really like you can set a location clock in within your job. It's been a game changer for our company.
Verified ExakTime User (Source: G2)
Construction, Mid-Market Company (51-1000 employees)
Arcoro is our one-stop shop for employee information. I can access everything about our employees directly from the system.
Jenna Henderson
VP of HR & EEO Officer, Superior Bowen
We wanted a more seamless workforce management system. Arcoro provided that.
Teresa Blamires
Controller, Current Builders
EEO tracking is important to our organization, and Arcoro makes that reporting quick and easy to access.
Kathy Somers
HR & EEO Officer, AM Cochron & Son, Inc.
Read Arcoro reviews on G2

 

Additional insights and resources

Arcoro Year in Review: 2025

How Arcoro Evolved to Better Support Your Construction Business As 2025 ends, it’s important to take a moment to reflect on the progress Arcoro has ...

Manual to Automated: How HR Tech is Saving Crews Valuable Time

Manual processes are hurting your HR teams. Every day staff spend hours completing tasks by hand like:

Why Digital Time Tracking Beats Manual Time Cards Every Time

Remember the days of punch clocks and stacks of paper time cards? For many construction companies and field service businesses, those days aren’t ...