| [June 11, 2012] |
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Kronos Accelerates Cloud Strategy with Launch of New SMB Workforce Management Suite
CHELMSFORD, Mass. --(Business Wire)--
Kronos
Incorporated today unveiled a new suite of cloud-based workforce
management solutions aimed at small and midsize businesses (SMBs). The
new Kronos®
Workforce Ready™ suite enables SMBs to stay competitive by providing
single-source access to real-time employee data.
News Facts
-
Historically, SMBs have relied on a patchwork of HR, payroll, and time
and attendance products or been forced to work with substandard
systems that have been cobbled together. Built from the ground up and
designed to run in the cloud, Workforce Ready shares a common
technology platform, a universal employee record, and a single user
interface across its entire suite of applications.
-
The Workforce Ready suite provides the flexibility to mix and match
products to meet the needs of any organization:
-
Time and Attendance - Streamlines time tracking with
automated collection of time and attendance information, and
enforces pay and work rules by knowing who is doing what, when,
and why.
-
Scheduling - Controls labor costs by avoiding costly
overtime as well as reducing both overstaffing and understaffing.
Offers dynamic on-the-fly scheduling to easily change schedules
daily as needed all while adhering to organization-specific
policies.
-
Absence Management - Reduces compliance risk around
absence-related policies and accruals - including federal, state,
and company leave requirements. Confirms each employee's
eligibility for paid and unpaid leave based on vacation time, sick
time, and organization-specific criteria.
-
Human Resources - A comprehensive, end-to-end HR solution
that keeps employees, managers, and HR administrators up to date
and compliant. Provides secure management of employee records and
robust performance and asset management tools.
-
Payroll - An integrated payroll engine provides quick
access to data to process payrol correctly. Alerts let multiple
people work on payroll at the same time without causing issues,
and eliminate pre-processing steps. Payroll is continually updated
in real time.
-
Hiring - Comprehensive applicant tracking, screening, and
on-boarding accelerates employee recruitment and hiring.
-
Analytics - Makes sense of big workforce management data
with diagnostic views of key labor metrics and point-and-click
reporting that identifies areas for cost savings, innovation, and
growth.
-
Mobile - The power to access Workforce Ready when and where
you want. Employees can view schedules, request time off, and view
their pay statements. Managers can approve timecards, manage
exceptions, and find replacement workers quickly and effectively.
-
Capitalizing on its hosted multi-tenant architecture, Workforce Ready
uses a simple SaaS (News - Alert)-based pricing approach. Applications are available
on a per-employee, per-month basis, accompanied by fixed-price
implementation services.
Supporting Quotes
-
Aron Ain, chief executive officer, Kronos (News - Alert)
"SMBs are always
looking to do more with less. Workforce Ready delivers
enterprise-level capabilities in an easy-to-use, easy-to-afford,
cloud-based environment. Staying competitive is complex - your
workforce management solution shouldn't have to be."
-
Lisa Rowan, program director of HR, learning, and talent research,
IDC (News - Alert)
"Small and midsize businesses are feeling the financial
pressures of a tight economy and having to compete with larger
organizations with more resources. A workforce management solution
tailored to the needs of SMBs can help them uncover and reduce hidden
costs, leading to improved productivity and smarter decision making.
Workforce Ready is an extremely robust solution that SMBs should
consider."
Supporting Resources
About Kronos Incorporated
Kronos is the global leader in workforce management solutions that
enable organizations to control labor costs, minimize compliance risk,
and improve workforce productivity. Tens of thousands of organizations
in 100 countries - including more than half of the Fortune 1000®
- use Kronos time and attendance, scheduling, absence management, HR and
payroll, hiring, and labor analytics applications. To learn how Kronos
uniquely delivers complete automation and high-quality information in an
easy-to-use solution, visit www.kronos.com.
© 2012 Kronos Incorporated. All rights reserved. Kronos is a
registered trademark and Workforce Ready is a trademark of Kronos
Incorporated or a related company. All other trademarks are property of
their respective owners.
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