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LATHEM TIME RELEASES PAYCLOCK® EZ Version 5

Vista Compatibility and expanded features and integration with QuickBooks 2008 are key features of Version 5

ATLANTA, Ga. - February 1, 2008 --

Lathem Time Corp. introduced today PayClock® Version 5, an affordable, easy-to-use automated time and attendance system for small businesses.  PayClock Version 5 features Windows®-based software that runs on Windows XP or Vista PC.  PayClock Version 5, an upgrade to PayClock Express, PayClock EZ, and PayClock Pro, can be used with Lathem’s automated timekeeping systems, including the PC50, TouchStation™, the PC400 and the PC100.

New software features include Microsoft Windows Vista compatibility, a new timecard interface, the ability to show benefit accruals, custom fields, an in/out board and QuickBooks 2008 support.  “The new software allows you to input data directly into a software timecard that looks like the real thing, only better since it does all the calculation work for you,” said Philip Seagraves, Director of Business Development, Lathem Time Corp.  “It also uses the new Microsoft Office 2007-style interface, so it’s user-friendly.  Technology changes at such a rapid pace, and Lathem wants to ensure that today’s small businesses have the technology they need to keep their businesses ahead of the curve.”

Prior to the advent of PayClock, an owner or manager had to process time and attendance manually or invest in a highly complicated and expensive system.  But with PayClock Version 5, users can automate this process in a fast and easy way, Seagraves said.  PayClock Version 5 reduces errors by keeping an accurate record of employee attendance, which is then compiled and automatically calculated into finished payroll, factoring in wages, attendance, vacation and sick time, lunch and break deductions. In most cases, payroll preparation time is reduced by at least 50 percent.

One of the most popular features of PayClock Version 5 is the direct interface to QuickBooks®, ADP®, and Paychex®.  The interfaces allow data such as employee hours to be imported from the PayClock system directly into a company’s preferred payroll software, eliminating manual data entry errors while saving time and money. The new interface provides businesses the opportunity to implement true "punch-to-paycheck" systems. This new software upgrade may be obtained through an authorized Lathem dealer or Lathem directly at http://shop.lathem.com

About Lathem Time Corporation

Headquartered in Atlanta, Ga., Lathem Time is one of the world’s leading designers and manufacturers of time and attendance products for small business.  The company specializes in mechanical and automated employee time and attendance tracking systems, including the No. 1-selling automated system for small business, PayClock EZ.  PayClock’s automation reduces payroll preparation time by up to 80 percent and eliminates inaccuracies associated with manual calculations, saving up to 3 percent in payroll costs.  Other products include time clocks, data collection terminals, scheduling software and synchronized wall clocks. 

Founded in 1919 by George Lathem and his son Louie Lathem, Sr., Lathem Time remains a family-owned and operated company with 150 employees.  Over 300,000 companies worldwide use a Lathem timekeeping product for managing their business.  Lathem products may be purchased from Lathem dealers nationwide as well as office superstores, such as Office Depot and Staples.  More information can be found at www.lathem.com.

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Lathem and PayClock are registered trademarks of Lathem Time Corporation.  Paychex, Paylink and Preview are registered trademarks of Paychex Incorporated.  QuickBooks is a registered trademark of Intuit Incorporated.  ADP is a registered trademark of Automatic Data Processing.  Other names may be the trademarks of their respective owners

Media Contact:
Wendy Alpine
Alpine Communications
(770) 321-6386
wendy@alpinepr.com
 



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