Yes it does. A titration test could still be off by as much as +/-0.5 dKH for alkalinity, even if you do everything perfectly. The Hanna will give you 2 decimals, so we’re talking about +/-0.01 dKH.
Yet reality does not work that way. Right now i can do 2 tests with my hanna alk checker using 2 different regeant batches(neither expired). One will be about 30ppm off from the other. All results are consistent when using same regeant batch. At a time I had a third regeant batch that was consistently 10 higher than the lowest and 20 lower than the highest. That batch is now gone.
I used to swear by hanna checkers, but after this experience i got new phosphate regeant to compare and again significantly different results between the batches(though not as much as the alk test).
Now I occassionally use them, but rely mostly on my salifert tests for real values. I use the hanna alk checker only to measure daily change(because again within the regeant batch it is extremely consistent)