[February 19, 2015] |
|
Kronos Brings the Power of Workforce Ready to Australian Small and Midsize Businesses
Kronos
Incorporated today announced availability of its Kronos (News - Alert) Workforce
Ready software suite in Australia, delivering enterprise-class
workforce management solutions in the cloud to small and midsize
businesses (SMBs). Ideal for organizations in Australia with less than
1,000 employees, Workforce Ready will help these SMBs improve
productivity and agility, providing benefits for both employers and
employees.
News Facts
-
A recent Aberdeen (News - Alert) Group study1 revealed that Australian
businesses lag behind the rest of the working world in workforce
utilization and automated time and attendance. These findings
demonstrate that better management of the workforce is needed to
enable Australian SMBs to retain talent, maintain solid growth, and
sustain their competitive advantage.
-
SMBs face similar challenges as larger organizations, but are
stretched to do more with fewer resources. Simultaneously, employees
are increasingly seeking greater mobility, flexibility, and control.
Findings by Aberdeen about workforce management for SMBs found that:
-
Sixty-one percent of SMBs feel pressure to improve their workforce
planning capabilities;
-
SMBs are seven percent more likely to cite a need to improve
workforce planning capabilities as a critical challenge in driving
their focus on workforce management; and
-
Large enterprises are 31 percent more likely than SMBs to be able
to provide managers with access to real-time employee attendance
data.
-
Australia SMBs are increasingly looking to technology innovations to
help improve productivity and drive business growth. Research from
PricewaterhouseCoopers (News - Alert)2 suggests that transforming
Australia's SMB laggards to leaders through use of technology could
increase the nation's GDP by nearly $6 billion (0.4 percent), raising
revenue in the economy by $11 billion.
-
Key to this is adoption of technologies, such as mobile
communications and cloud computing, to offer SMBs access to
solutions that were previously only affordable to large
enterprises.
-
Workforce Ready is a cloud workforce management solution that provides
SMBs with applications that improve productivity, control labor costs,
and minimize compliance risk by fully automating labor-intensive
processes. Workforce Ready offers SMBs the ability to choose the
features needed today, as well as flexibility to expand as required in
the future. Functionality of Workforce Ready for Australian SMBs
includes:
-
Time and Attendance - Streamlines time tracking by
automating the 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 reducing overstaffing
and understaffing as well as avoiding costly overtime. Allows
dynamic o-the-fly scheduling to easily change schedules as needed
while complying with organization-specific policies.
-
Absence Management - Reduces compliance risk around
absence-related policies and accruals, including federal, state,
and company leave requirements. Every employee's eligibility for
paid and unpaid leave is authenticated based on annual leave, sick
time, and organization-specific criteria.
-
Mobile - The power to access Workforce Ready when and where
you want. Employees can view schedules and request time off.
Managers can approve timecards and manage exceptions quickly and
effectively.
-
Real-time Reporting Tools - Quick and easy access to a
wealth of data with standard or custom reports to support informed
decision-making based on facts rather than guesswork.
-
Capitalizing on its hosted multi-tenant architecture, Workforce Ready
uses a simple Software-as-a-Service (SaaS (News - Alert)) pricing approach.
Applications are available on a per-employee, per-month basis,
accompanied by fixed-price implementation services.
Supporting Quotes
-
Ms. Michael M. Moon, research director, HCM, Aberdeen Group
"According
to our research3, 61 percent of SMBs feel pressure to
improve their workforce planning capabilities. These organizations are
turning to cloud delivery models to enable workforce management
automation and integration to deliver functionality to help drive
organizational productivity, without creating additional burden for HR
and IT departments."
-
Peter Harte, managing director, Australia and New Zealand, Kronos
"SMBs
are one of the growth engines of the Australian economy. From our
discussions with SMBs, we know they are stretched to deliver more with
limited resources. In response to their need for a simple, cloud
workforce management solution, Kronos, the world leader in this area,
is releasing Workforce Ready in Australia. The business environment is
growing more complex for small and midsize businesses. There is
pressure from employers to accommodate more flexibility and provide
more mobile touch points, while, from a business perspective, they are
under pressure to improve their workforce productivity. Kronos
Workforce Ready provides SMBs with solutions that make workforce
management simpler while empowering them with real-time data to make
more informed decisions."
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™.
© 2015 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
1 "Productivity: Managing and Measuring a Workforce",
Aberdeen Group, 2015 2 "Joined-Up Innovation: Making the
right connections across Australia's innovation ecosystem to support our
future growth and international competitiveness," Microsoft (News - Alert) and PWC
Report 2014 3 "Workforce Management for the SMB: Big
Results for Small and Medium Business," Aberdeen Group, 2014
[ Back To TMCnet.com's Homepage ]
|