Featured Articles

Melbourne Cup Quiz

October 25, 2016 by Arpana Nair

melbourne-cup-bet
How Will You Gamble Against The Odds?
Whether you back the favourite or not this Melbourne Cup, there is another odd to weigh before you make your bet. 

Do you know how race finish times are recorded at the Melbourne Cup and…does the method meet your standard of verification? After all, you're gambling your money on it!


So, how do you think race times are verified at the Melbourne Cup (or how do you hope they are verified!)? 

a) A retired Melbourne Cup winner certified in ‘Horse Management and Coaching’, manually operates a stopping and starting device to record times.

b) Times are recorded using a Fully Automatic Time system, as well as a professional horseracing panel, who use their own time verification system for further validity.  

c) Times are recorded using only a Fully Automatic Time system. The starting gunfire automatically activates the clock and the finish time is automatically recorded through the technology. 

ANSWER

a) A retired Melbourne Cup winner certified in ‘Horse Management and Coaching’, manually operates a stopping and starting device to record times: INCORRECT

Manually tracking and recording race finish times are highly prone to error. With so much money being gambled, this can’t be risked in the Melbourne Cup. 

Bet you’re glad about that!

You wouldn’t gamble your money on the Melbourne Cup if inaccurate finish times were recorded, right? 

So, why are you gambling your profits on inaccurate finish times recorded on hand written manual time sheets?

The gamble of relying on manual time sheets for payroll opens the door to inaccurate and falsified finish times, which you end up paying for. 

Fleetmatics automated time sheets removes the potential of errors, ensuring your employees are only paid for hours worked, with accurate finish times stamped. 


b) Times are recorded using a Fully Automatic Time system, as well as a professional horseracing panel, who use their own time verification system for further validity: INCORRECT

A professional horseracing panel is not required, as the Fully Automated Time system is sufficient for recording finish times. 

It is simply pointless to additionally rely on horse racing personnel to record finish times, when the technology used already automates this. 

Fleetmatics automated reporting for your business, works much the same.


It reduces administrative costs and time required to check time sheets, because Fleetmatics time card reporting system will already automatically stamp the accurate finish times for payroll.


c) Times are recorded using only a Fully Automatic Time system. The starting gunfire automatically activates the clock and the finish time is automatically recorded through the technology: CORRECT

A Fully Automatic Time system is used to ensure accurate finish times are recorded. 

So much money is gambled on the Melbourne Cup, making the risk of inaccurate finish times unacceptable, as the loss of people’s money is at stake. This technology eliminates the risk. 

So, why wouldn’t the same apply to your business? 

Accurate employee finish times recorded for payroll are just as critical in your business, to minimise the risk of overpaying on inaccurate finish times. 

Fleetmatics time card reporting reduces the risk of losing profits on inaccurate finish times handwritten on manual time sheets. 

Stop gambling your profits on inaccurate finish times submitted on manual time sheets and find out how Fleetmatics vehicle tracking system can help your business win big!
 

melbourne-cup-betting