NETtime Solutions
| File:Nettimelogo.png | |
| Industry | Software |
|---|---|
| Founded | 1996 as Vitrix, Inc. |
| Founder | Bahan Sadegh |
| Headquarters | Scottsdale, AZ |
Key people | Bahan Sadegh, CEO Jonathan Weiss, VP of Business Development Tom Klitzke, CFO |
| Products | stratustime, netone, nettime |
| Parent | Paychex |
| Website | www |
nettime solutions, initially established as Vitrix Inc., is a software firm headquartered in Scottsdale, Arizona, that specializes in time and attendance management systems. Their offerings enable organizations to handle labor data in real time while ensuring adherence to labor regulations. By the year 2010, their cloud-based platform had processed payroll exceeding $3 billion.
History
The company was founded in 1995 by entrepreneur Bahan Sadegh during his senior year at Arizona State University. The original mission was to create biometric software for employee time tracking. Officially incorporated in 1996 under the name Vitrix Inc., the company’s early products included biometric timekeeping applications and management solutions for daycare centers.
By 1997, the focus shifted primarily to time and attendance software as it became the main source of revenue. In 1998, Vitrix expanded its market presence by acquiring Time America to capitalize on its established brand.
In 2000, the company introduced NETtime—a groundbreaking SaaS time and attendance solution accessible through web browsers. Given the nascent state of SaaS adoption at that time, NETtime was initially available both as a hosted service and an on-premises product. The platform gained increased acceptance in the late 2000s by reducing infrastructure expenses and offering enhanced scalability and cross-platform support.
Following the sale of Time America in 2007, nettime solutions fully committed to its SaaS offering starting in 2008. This strategic direction led to its acquisition by Paychex, a leader in payroll services, in 2014.
Products
NETtime operates as a cloud-based time and attendance system compatible with Windows, OS X, and Linux environments, supporting all major browsers including Internet Explorer, Firefox, Safari, Chrome, and Opera. It features "dynamic billing," which charges clients on a per-employee-per-month (PEPM) basis exclusively for employees generating timecards. As a hosted platform requiring no local software installation, NETtime is also available as a white-label product tailored for large enterprises. The solution caters to professional employer organizations (PEOs), payroll companies, and HRIS providers.
The netone clock device developed by nettime solutions utilizes "true push technology" to communicate directly with the NETtime platform. This design eliminates the need for dedicated computers to gather punch data and enables immediate data capture, reporting capabilities, and employee self-service options.
Impact on time and attendance industry
Automated systems such as NETtime help mitigate compliance risks associated with labor laws by reducing errors inherent in manual tracking methods. The platform streamlines HR and payroll operations, improves workforce morale, prevents wage losses due to off-the-clock work or buddy punching, eliminates unapproved paid time off, and enforces uniform company policies consistently across the organization.
Affiliations
- Better Business Bureau (BBB)
- American Payroll Association
- International Facility Management Association
- National Association of Professional Employer Organizations