Ankit Tanna - Be Prepared to Remain Committed and Keep Working Hard to Stay in the Game (Founder Of Truein From India)

 

Truein is a face recognition-based time and attendance system for a contractual and distributed workforce. The solution helps our customers to plug revenue leakages due to loss of attendance and buddy punching. Reconciliation issues owing to OT calculations, time tracking, days worked, etc., is also taken care of.

 

1. Tell us about your backstory and journey?

During my first business, I often visited customers and met their Admin and HR leaders. During discussions, I learned about the pain areas in attendance management for contractual and remotely deployed staff. There was temporary and frequently changing staff, and one common problem was registering them for attendance. Sometimes workers directly reported at the site, and it was a tedious and error-prone process to keep their onboarding and attendance in sync across multiple locations.

Existing attendance solutions were usually relying on fingerprint biometrics to capture attendance. However, because of the nature of business, many workers’ fingerprints were faded, and their attendance was registered manually. There was also a lack of transparency about employees’ attendance policies and control over those policies. These issues, in turn, affected workforce productivity and resulted in low morale. There was also a lack of employee experience.

After researching the problem, I realized companies worldwide are facing this issue, and there is a better way to solve this problem. We leveraged AI and Face recognition technology and started building Truein.

2. What led you or inspired you to become an entrepreneur?

Becoming an entrepreneur is something that I’ve always been interested in. Taking up a challenging project and working on it with total commitment is something I have always wanted to do.

3. What has been your biggest lesson from being an entrepreneur?

It usually takes longer than you anticipated. Be prepared to remain committed and keep working hard to stay in the game.

 
4. Why should every company use Truein's offering?

Truein is a face recognition-based time and attendance system for a contractual and distributed workforce.

The solution helps our customers to plug revenue leakages due to loss of attendance and buddy punching. Reconciliation issues owing to OT calculations, time tracking, days worked, etc., is also taken care of.

Truein is app-based, so it is portable and can be instantly set up. Face recognition prevents buddy punching. 

You can configure the app on any Android or iOS-based device, and the staff can self-onboard from an approved worksite. 

With this, you can manage the attendance of frequently changing staff and contractual staff arriving last minute at worksites. 

Truein automatically tracks, calculates, and provides error-free reports regarding OT, check-in-checkout time, leaves taken, etc.  

We have an extensive policy framework that can be customized and applied at the group or individual level. 

5. How do you define success for an entrepreneur?

For me, the first criterion of success is to build a business that solves real-life problems and adds value to customers. Another important criterion of success is being profitable. In fact, being profitable is one way to validate that there is a real problem one is solving for their customers.

6. What are your future goals or plans?

We plan to increase the reach of Truein globally and help solve Time and Attendance challenges for enterprises dealing with low or mid-skill workforce.

7. Which is your favourite book & why?

Zero to one by Peter Thiel is one of my favorite books. 

It's a great read that helps me understand the startup world better. The book is about building businesses that create new things.  

It's beneficial for entrepreneurs or investors who want to build or invest in valuable companies.

Bio -

Hi, I’m Ankit Tanna, the founder of Truein. Truein is a face recognition-based time and attendance system for a contractual and distributed workforce. I call myself a product engineer with an entrepreneurial DNA. Before venturing into a startup business, I worked with large software companies in India, Singapore, and the USA for over a decade. 

Website

Interviewed By - Shashank Sehgal