| [May 13, 2013] |
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Kronos and SuccessFactors Partnership Helps Organizations Manage a Global Workforce in the Cloud
CHELMSFORD, Mass. --(Business Wire)--
Kronos
Incorporated today announced a partnership with SuccessFactors, an
SAP (News - Alert) company, and the leader in cloud-based business execution software,
to allow global organizations to manage their employees effectively. The
partnership will help deliver on integrated workforce management, human
resources, payroll, and talent management offerings in the cloud.
News Facts
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The parties' offerings can help organizations to:
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Leverage a solution for a global workforce - Building on
successful deployments in many countries, Kronos (News - Alert) and
SuccessFactors offer global expertise and the ability to
accommodate complex labor rules, pay policies, and help ensure
successful talent management. Deploying in the cloud enables these
organizations to reduce administrative costs; shorten learning
curves for managers and employees; and expedite system-wide policy
changes. As a result, organizations become more responsive
globally as labor information flows quickly and can be viewed at a
site, area, country, or enterprise level.
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Enable real-time reporting - Companies can extend how they
measure and manage their business metrics with real-time alerts on
potential labor issues that can help improve decision making,
responsiveness, and efficiency.
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Link strategy to execution - The solution links planning
tools to achieve a greater understanding of employee costs,
schedules, and performance. This feature works across functional
boundaries and helps improve the translation of workforce strategy
into business results.
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The intended benefit of information exchange between Kronos and
SuccessFactors is on two levels:
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The synchronization of employee demographics, cost centers, and
pay codes.
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A comprehensive, decision support and analytics offering to help
organizations drive business outcomes and deliver bottom-line
results.
Supporting Quotes
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Aron Ain, chief executive officer, Kronos Incorporated
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"We are excited to be working with SuccessFactors as a global
workforce management partner. Joint customers will benefit greatly
from our unique partnership to offer market-leading cloud solutions."
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Shawn Price, president, SuccessFactors
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"This partnership with Kronos is a win for our customers who are
looking to preserve the investments they have made today as they
move to the cloud. SuccessFactors is unique in the marketplace in
offering an end-to-end portfolio, from recruit to retire,
integrating recruiting, learning, goals, performance management,
compensation and analytics with core cloud HR. And while we have the
broadest set of applications in the HCM industry, HR is not an
island. The Kronos partnership allows integration across the
ecosystem, offering a consistent user experience."
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Lisa Rowan, vice president of HR and talent research, IDC (News - Alert)
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"Human capital management is one of the fastest-growing segments.
The combination of Kronos and SuccessFactors will offer clients a
powerful global solution of workforce and human capital management
together in the cloud."
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Supporting Resources
About Kronos Incorporated
Kronos is the global leader in delivering workforce management solutions
in the cloud. Tens of thousands of organizations in more than 100
countries - including more than half of the Fortune 1000® -
use Kronos to control labor costs, minimize compliance risk, and improve
workforce productivity. Learn more about Kronos industry-specific time
and attendance, scheduling, absence management, HR and payroll, hiring,
and labor analytics applications at www.kronos.com.
Kronos: Workforce Innovation That Works™.
© 2013 Kronos Incorporated. All rights reserved. Kronos is a registered
trademark and Workforce Innovation That Works is a trademark of Kronos
Incorporated or a related company. All other trademarks are property of
their respective owners.
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