Like all enterprise software, time and attendance solutions are sold in various configurations. Typically, pricing is based on four variables.

The server, or program engine, is priced according to its functionality. Specialized features such as a health care module may be extra. The number of employees who will use the time and attendace solution also affects pricing, with differing costs for administrators and and employees. Finally, the quantity and type of data collection devices you use will also affect your total costs. Web-based time and attendance solutions typically have monthly fees instead of an upfront server license but also price their systems by the number of employees.

A small company can expect to pay less than a $1000 for a basic time and attendance solution with scheduling functionality and payroll service integration. Prices can climb swiftly into the tens of thousands of dollars as you add more people and data collection devices to your system. Companies with thousands of employees should expect to pay a bill in the $100,000+ range. Software customization adds significantly to the price tag. To get an idea what you should expect to pay, take a look at some actual prices paid by BuyerZone users.

No matter what your time and attendance solution setup, make sure the vendor itemizes what they are charging you for their technology rather than just paying the full price for a closed box system.

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