Case Study: Syber Concrete Forming saves $1 million with SmartBarrel

How Syber Concrete Forming Stopped Time Discrepancies in Its Tracks and Saved $1 Million

Syber Concrete Forming, a concrete forming specialty contractor, faced significant challenges with manual timekeeping. Issues such as buddy punching, time discrepancies, and paper-based timesheets were causing payroll chaos and inaccuracies. The company turned to SmartBarrel to implement its AI-powered biometric time tracking system to gain control over their attendance tracking for 300 employees and subcontractors.

By using SmartBarrel's solution with facial verification and geofencing, Syber eliminated fraudulent time entries and integrated the system with Procore and QuickBooks. This resulted in an estimated $1 million saved in time discrepancies within the first year. The solution also reduced payroll processing time by 80% and cut payroll errors by 20-30%, greatly increasing efficiency and accountability.

Syber Concrete Forming

Patty Horvath

Chief Administrative Officer