NAICS Code 423420-34 - Time Recorders (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423420-34
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Looking for more companies? See NAICS 423420 - Office Equipment Merchant Wholesalers - 3,818 companies, 66,231 emails.

NAICS Code 423420-34 Description (8-Digit)

Time Recorders (Wholesale) is a subdivision of the Office Equipment Merchant Wholesalers industry that specializes in the distribution of time recording equipment to various businesses and organizations. This industry involves the wholesale of time clocks, time stamps, and other time recording devices that are used to track employee attendance, work hours, and other time-related data. Time Recorders (Wholesale) companies typically purchase these products from manufacturers and then sell them to retailers or directly to end-users.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423420 page

Tools

Tools commonly used in the Time Recorders (Wholesale) industry for day-to-day tasks and operations.

  • Biometric Time Clocks
  • Punch Clocks
  • Time and Attendance Software
  • Time Cards
  • Time Clock Ribbons
  • Time Clocks
  • Time Stamps
  • Time Tracking Apps
  • Time Tracking Software
  • Timekeeping Systems

Industry Examples of Time Recorders (Wholesale)

Common products and services typical of NAICS Code 423420-34, illustrating the main business activities and contributions to the market.

  • Employee Time Tracking
  • Payroll Management
  • Attendance Tracking
  • Workforce Management
  • Time and Attendance Solutions
  • Time Recording Devices
  • Time Clock Systems
  • Time Management Tools
  • Time Tracking Solutions
  • Timekeeping Equipment

History

A concise historical narrative of NAICS Code 423420-34 covering global milestones and recent developments within the United States.

  • The history of the Time Recorders (Wholesale) industry dates back to the late 1800s when the first mechanical time clock was invented by Willard Bundy in 1888. The invention of the time clock revolutionized the way businesses tracked employee attendance and payroll. In the early 1900s, the industry saw the introduction of electric time clocks, which further improved accuracy and efficiency. In the 1970s, the industry experienced a shift towards electronic time clocks, which allowed for more advanced features such as biometric scanning and integration with payroll software. In recent years, the industry has seen a trend towards cloud-based time and attendance systems, which allow for remote access and real-time tracking. In the United States, the Time Recorders (Wholesale) industry has seen steady growth over the past decade. The industry has benefited from the increasing demand for automated time and attendance systems, as well as the trend towards remote work and flexible scheduling. The COVID-19 pandemic has further accelerated this trend, as many businesses have had to adapt to remote work and implement new time tracking systems. The industry has also seen advancements in technology, such as the integration of artificial intelligence and machine learning into time tracking software. Overall, the Time Recorders (Wholesale) industry has a long history of innovation and adaptation to changing business needs.