TIMATE is the proud recipient of the European Medal, awarded annually by the Business Centre Club along with the European Economic and Social Committee. This prestigious honour is granted to enterprises which meet the highest quality standards required in the European Union.
The European Medal is a Poland-wide initiative which aims at recognising and promoting Polish companies, also in the international arena. The honorary patron is one of the European Commission’s key institutions for entrepreneurs, i.e. the European Economic and Social Committee. The medal is also a mark of approval and recommendation given by the Committee.
It is a great honour to be among the companies which the Business Centre Club recognises as role models in terms of the best practices that should be followed and promoted in other member states of the European Union. The BCC has appreciated our product, the TIMATE system, and our drive to make the solution available to entrepreneurs and employees in Poland and other countries, says Sebastian Młodziński, CEO at TIMATE.
It was the 32nd time that the European Medals were awarded.
TIMATE has been invited to collaborate with the European non-governmental organisation that supports and promotes technologies which enhance the quality of life and help societies develop. TIMATE and the EU Tech Chamber will join forces for the period of at least two years.
The goal of the European Technology Chamber is to bring together people and organisations which share the vision of building a common future based on technology. The role of innovations is to solve problems, reinforce the position of citizens and help the natural environment.
EU Tech extends invitations to companies which share this vision of social development. Through collaboration, they exchange knowledge, experience and contacts. Representative of the EU Tech promote technologies which can enhance welfare and drive the spread of the digital transformation in Europe.
TIMATE is absolutely ready to enter foreign markets. Our system has been adapted so as to work in a multilingual environment and it can meet the needs of global companies that want to improve the quality of people and process management, strive to save time and money, decide to automate their operations and seek ongoing insight into the work of particular teams. The collaboration with the EU Tech Chamber will help us reach potential customers as well as business and technology partners outside Poland, says Sebastian Młodziński, TIMATE’s CEO.
EU Tech observes technologies developed in various European countries and chooses those which provide the opportunity to increase the European Union’s global competitiveness.
I am excited to have TIMATE joining us. They represent what we always look for in companies to join the Chamber: European innovation, technology and entrepreneurship. I am very much looking forward to working with TIMATE, says Manuel Gonzalez Villavecchia, Director of the Finance Commission at the EU Tech Chamber.
EU Tech has been operating since 2015 and it supports international collaboration between governments, the private sector, civil society, organisations, universities, technology companies and other entities interested in building the digital era.
Audit. This word often gives rise to anxiety, because it is associated with control and punishment. But it is a misconception. First of all, an audit verifies whether a company functions in such a way that it can achieve all of its goals, whether its operations are cost-effective and optimal. An auditor is the entrepreneur’s ally and advisor. Usually, companies hire external entities for such tasks or they establish an internal audit department. However, several people checking on how the company functions in selected areas may not notice problems which grow and make it impossible to reach optimal results.
But what if all employees were to take part in the audit process? What if they were to identify and report errors in production, logistics and business processes and, thus, give the company an opportunity to eliminate irregularities just as soon as they appear? TIMATE makes it possible on a daily basis!
How an employee becomes an auditor
TIMATE puts each employee in the shoes of an internal auditor. This happens, because the system makes employees notice and report errors and processes and the work organisation. How does it work?
TIMATE collects data on how employees do their job in six areas: time and attendance, use of the working time, safety, task performance, plan performance and management (this function is available to managers). At the end of the working time, each employee is assessed on the basis of such data. Emoticons with a smiling, neutral or sad face are assigned to particular areas. Employees know right away how efficiently they performed the tasks on the given day, whether they used their working time well, if they adhered to the OHS rules and if they completed all of the assigned tasks.
Importantly, the assessment system can be correlated with the bonus system, i.e. positive assessments turn into points which, later on, get converted into financial bonuses. As a result, employees treat the assessment they get seriously and react when the system gives them a negative evaluation.
What will they do when that happens? If the reason for the negative assessment is a late arrival at work, no helmet on the employee’s head in an area where it is required or slow performance of tasks, the employee simply needs to improve.
However, it may happen that a sad face is not due to the employee’s fault, but it results from errors in processes. When a task is left unperformed, this may be causes not by an employee’s laziness, but by problems in logistics or the work organization. An employee fails to work effectively, because he waits for a delivery of components, for a machine to be repaired, for the assistance of the team whose members do other things at the moment. In such a case, the employee can tell the superior what did not work in the processes and caused downtime or safety violation.
Benefits of auditing
Such an ongoing internal audit performed by all employees brings huge benefits. First of all, enterprises obtain immediate information about any irregularities and can respond right away. As a result, problems do not grow slowly month by month, as it happens when the audit is performed once or twice a year. Errors are eliminated instantly, which improves the company’s performance.
Such a type of audit is also effective, because all employees want the information about errors in processes to reach their superiors so that the errors are removed as soon as possible. No one is happy getting a negative assessment with no fault on their part.
Finally, this audit is much cheaper than a regular audit performed by external companies or by designated employees.
No company performs at 100% of its capacity every day, because business performance depends on multiple factors. The key to success is rapid identification and elimination of errors. In consequence, the organisation will be more effective, while its employees will be satisfied and motivated.
If you want to learn more about how TIMATE automates business processes, write us at: contact@timatesystem.com.
TIMATE has developed a tool which allows every company to check how many minutes per month its employees spend on ineffective actions and how it affects the budget. The calculator is available on TIMATE’s website: https://timatesystem.com/kalkulatoren/index.html.
The surveys conducted in enterprises using the TIMATE system indicate that the implementation of the new method for recording and monitoring time and attendance allows to save up to 80% of ineffective working time for which companies pay their employees. This means real money.
The survey we were carrying out in large production and logistics businesses show that each employee wastes 460 minutes per month on ineffective actions. If we assume that one minute of work costs the average amount of PLN 0.47, it turns out a company employing 500 people loses more than PLN 100,000 per month on wasted working time, says Sebastian Młodziński, CEO at TIMATE.
Based on the surveys, TIMATE could identify the sources that generate the greatest losses in this respect. These include: cigarette breaks, running private errands by employees outside the company premises, meals, leaving work early. They have been included in TIMATE’s calculator tool.
We are aware that entrepreneurs do not normally reflect on how many precious minutes of a typical business day are actually wasted. The scale of the problem is revealed once you make the additions and convert them into money. Our calculator can do just that, adds Sebastian Młodziński.
The Internet of Behaviours (IoB) is not a widely known term, though it actually impacts the way enterprises are operating today. One of the examples of how IoB changes businesses for the better is TIMATE.
First of all, what is the Internet of Behaviours? It is a technology that allows to explore how its users behave and then to influence their behaviours. IoB is based on the data received from the sensors used in the Internet of Things (IoT). The value added of IoB consists in the analysis and interpretation of such data, which allows to gain insights and suggest different patterns of behaviour to users.
This may seem familiar to companies which already use TIMATE. Why? Because our system works on the basis of the data collected by sensors, including the information about movement and location of employees. Furthermore, TIMATE makes it possible to structure and understand the data via the analysis module, while the messages sent to the users’ cards influence their behaviours, providing a simple and effective motivational system.
What information does TIMATE get from the employee actions?
The TIMATE cards and devices are equipped with sensors which obtain a lot of precious data. For example, they indicate the employee location (i.e. the zone) and the routes that employees use around the company premises. The system also monitors whether employees move only within the permitted areas and whether they use personal protective equipment. It verifies how much time employees devote to particular tasks as well as whom they meet and where (which is of special importance now, during the pandemic). The system can also detect accidents (falls and loss of consciousness).
Such data provide the basis for the employee behaviour analysis and allow to make conclusions about how the enterprise functions. It may turn out that business processes are not fully optimal (e.g. employees wasting their precious time while waiting for the delivery of items they need for work; employees covering long distances many times everyday, because their workstation is exceedingly far from the locations they need to reach to get their job done, e.g. warehouses). The observation of how the TIMATE card users behave helps to better understand business operations. Moreover, it allows to identify the areas that need improvement.
How does TIMATE influence the behaviour of employees?
The second aspect of IoB is the way it can change behaviours. TIMATE also does that.
Who benefits from IoB?
IoB is a new technology, so it is no wonder it gives rise to doubts. Does an enterprise really need all the data it collects? Is it actually lawful to influence the behaviour of employees?
As for TIMATE, it is clear and simple. The system does not collect any sensitive data, but only information about employee movement and location. In addition, the changes based on such data are beneficial to both employees and employers. It is a win-win model. The enterprise improves its operations, which is good for everybody.
IoB is at the starting point of its development. However, the appropriate use of this technology can help many businesses enhance their activities here and now. Check it out. It is worth it!
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