International Time Recording Company of Endicott, New York.

The International Time Recording Company's business office was located at 50 Broad Street in Endicott, New York, between 1901 and 1924. During this period, this firm continuously expanded its product line, underwent several reorganizations and name changes, and emerged in 1924 as the International Business Machine Corporation, familiar today as IBM. Some of the companies it acquired include the Chicago Time Register Company, Day Time Register Company, The Syracuse Time Recording Company, Bundy, Willard & Frick, and Standard.

As many businesses became larger and wages more competitive, workers' attendance records became very important to their employers. As a result, time clocks were introduced to this environment to help track one's punctuality. Workers were then paid based on the number of hours they had logged in. This became the expected behavior toward the end of the 19th century. This is really a result of the shift from self-employment towards working for others. With this change came the advent of cost accounting. In other words, they analyzed and scrutinized expenses such as labor, materials, and overhead. Time was money. By approximately 1915, nearly every industrial workplace and office had a time clock. By the early twentieth century, several companies, like the International Time Recording Company, supplied an entire line of timekeeping devices, including master clocks and their slave units, various models of time clocks, and time stamps.