TikkTakk compliance index

Overview of TikkTakk
TikkTakk is a high-quality service provider that focuses on delivering reliable and effective time tracking solutions. Based in Norway, TikkTakk is geared towards ensuring efficiency in business operations by automating and simplifying the processes associated with tracking employee time. The platform's user-friendly approach ensures that clients have access to accurate, real-time data to optimize productivity.

History of TikkTakk
TikkTakk was developed by the Norwegian company, Norsk Tempoplan AS. Founded in 2006, the company set out to develop user-friendly time tracking systems that would align perfectly with the requirements of diverse industries. TikkTakk is an outcome of this initiative, it is now serving several businesses in Norway and beyond by providing simple yet effective software solutions for time tracking.

The Typical Data Processed by TikkTakk
In line with its core function, TikkTakk processes data related to employee working hours, overtime, leave, absences, and other related work parameters. It is important to note, however, that TikkTakk follows strict data management protocols to ensure the security and privacy of the data it processes.

Operating Regions of TikkTakk
While TikkTakk is based in Norway, its cloud-based software is accessible anywhere in the world. This means that the company effectively provides its services to clients globally ensuring they can keep track of their employees' working hours, regardless of location.

Key Features of TikkTakk
TikkTakk offers several key features that make it stand out as a superior time tracking solution. These include automated time tracking, options for manual entry, the ability to compute salaries based on time tracked, and real-time access to collected data. It is also fully optimized for mobile use, allowing both managers and employees to access the platform anytime, anywhere. Additionally, its reporting functionality enables the generation of comprehensive data reports that provide valuable insights into company operations.

The Importance of Vendor Monitoring and Comparison
Monitoring and comparing vendors like TikkTakk can significantly contribute to the data governance and compliance aspect of a company. It is important to know what type of data a vendor collects, how it is processed, stored, and protected. Adequate vendor management can help in identifying any potential risks or compliance issues that might otherwise go unnoticed. Comparing different vendors also allows businesses to optimize their operations and find the best fit solution for their specific needs. Understanding each vendor’s strengths and weaknesses ensures companies make informed decisions that not only contribute to operational success but also foster regulatory compliance.