CyberShift Survey Shows Automating Time Entry and Eliminating Payroll Errors Remain Top Priorities for Most Companies

PARSIPPANY, NJ--(Marketwire - September 2, 2008) - A new survey by CyberShift and the American Payroll Association (APA) on employee time entry management showed that maintaining accurate time, attendance and payroll records remain top priorities for most companies' payroll professionals. To coincide with National Payroll Week, CyberShift, a leading provider of workforce and expense management software and services, teamed up with the APA, the professional society for payroll management, to obtain current data on a variety of payroll and workforce management-related elements such as time and attendance, time entry, absence management and automated workforce management.

A majority of those surveyed revealed they still use relatively antiquated methods of recording time, such as manually recording employee hours on paper-based forms or Excel spreadsheets, which can often result in errors. Nearly 20 percent of those surveyed said they experienced errors in a typical payroll cycle. A fifth said that they had between one and five percent of paychecks in a cycle contain errors.

"These survey responses highlight the importance of up-to-date workforce management practices and systems to improve business processes and productivity for American businesses," said APA Executive Director Dan Maddux. "This survey is especially noteworthy as we celebrate National Payroll Week in that it reinforces the need to examine current processes and identify where improvements can be made that enable payroll professionals to successfully do their jobs and impact the bottom line of an organization."

National Payroll Week celebrates the hard work by America's 156 million wage earners and the payroll professionals who pay them. According to the APA, through the payroll withholding system, wage earners and payroll professionals contribute, collect, report and deposit approximately $1.7 trillion, or 64.2%, of the annual revenue of the U.S. Treasury.

CyberShift CEO, Robert Farina, said, "These results validate that many companies have an opportunity to better manage their time and attendance processes by adopting automated workforce software, eliminating human errors and increasing staff productivity. CyberShift is proud to partner with the APA as they celebrate National Payroll Week and recognize wage earners and the hundreds of payroll professionals who work hard to contribute to their individual organizations."

More than 1,500 payroll professionals from companies ranging in size from less than 500 employees to more than 10,000 employees completed the APA-CyberShift online survey which ran from June 3, 2008 through June 17, 2008. Administered by the APA, a diverse mix of payroll and financial professionals such as treasurers, controllers, vice presidents, directors and managers provided responses.

The APA conducts regular trendline surveys focused on industry trends, products and processes that are designed to gauge the opinions and concerns of payroll professionals. Response to the June 2008 APA-CyberShift survey was one of the highest in two years, according to the APA.

About American Payroll Association

The American Payroll Association is the professional society for payroll professionals. Founded in 1982, the APA pursues the following objectives:

--  To increase the payroll professional's skill level through education
    and mutual support.
--  To obtain recognition for payroll work as practiced in today's
    business and legislative environments and as a professional discipline.
--  To represent the payroll professional on the federal, state and local
    level.
--  To provide public service education on payroll and employment issues.
    

For more information, please visit www.americanpayroll.org.

About National Payroll Week -- September 1-5, 2008

National Payroll Week celebrates the hard work by America's 156 million wage earners and the payroll professionals who pay them. Together, through the payroll withholding system, they contribute, collect, report and deposit approximately $1.7 trillion, or 64.2%, of the annual revenue of the U.S. Treasury. For more information, please visit www.nationalpayrollweek.com.

About CyberShift

CyberShift, Inc. is a leading provider of workforce management and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. Through its integrated Workforce Management 3G™ suite, which includes time and attendance, advanced scheduling, absence management and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. CyberShift's Necho Expense™ automates the processing and facilitates the management of employee business expenses and helps companies improve compliance; enforce expense policies and procedures and increase visibility into operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. More information can be accessed at www.CyberShift.com.