Ichip Corporation

Business Case

VeriTime/Veri Access is a Management Tool and not merely a time recording
solution.

VeriTime/Veri Access is cost effective due the fact that no annual license fees
are payable, and future upgrades are available free of charge.

The VeriChip tags are the latest development in RFID tags that have
anti-colluding capabilities that enables the user to read high quantity bundled
tags effectively to enable their management systems to import raw data for
further manipulation.

Average Payback and ROI is mostly within 12 months (increased productivity
becomes visible in your payroll expenditure). Global savings due to automation
of T&A systems recorded is 4 - 7 % and potential losses due to bad time
keeping can be up to 20% of your payroll bill.

Maximization of human capital - It enables your staff to focus on your core
business instead of spending valuable hours on wage calculations and general
control activities carried out by management and supervision from day to day.

For further information please feel free to contact us today.

We have expanded our products
and services, by including
Biometric and a wide range of
security products as part of our
peace of mind drive.
We have our own IT and
Instalation teams because we
believe in offering our clients with
a one stop solution.
We have the solutions to offer
true peace of mind to each and
every South African by using
technology. We need to act and
take responsibility for our own
protection and that of our children