[May 08, 2017] |
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Kronos Celebrates Five Years of Explosive Service Bureau Partner Network Growth
Kronos
Incorporated is celebrating five years of explosive partner network
growth by transforming Kronos SaaS (News - Alert)hr into the Kronos
Workforce Ready Partner Network as it continues its commitment to
deliver a unified human capital management (HCM) cloud platform to
support the growth of payroll and human resources service providers and
national accounting firms.
News Facts
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Since its acquisition by Kronos (News - Alert) in 2012, SaaShr has grown from
a $5 million dollar business to what will exceed $100 million in 2017.
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Rapid growth of the partner network is propelled, in part, by
empowering service providers with a differentiated ability to white
label the award-winning Kronos Workforce Ready HCM cloud platform.
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The Workforce Ready Partner Network will continue to deliver the same
Workforce Ready solution that service providers already deploy;
however, service providers will further benefit from the partner
network's increased alignment to Kronos' ongoing investments and
recognition in the HCM market.
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The Workforce Ready unified HCM platform is built upon a single
database featuring innovative applications for human resources, talent
acquisition, performance management, time and labor management,
scheduling, leave and accruals, compensation management, attestation,
Affordable Care Act management, and payroll, as well as a dedicated
mobile application and complementary online marketplace of ancillary
products and services.
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The top 20 service providers in the Workforce Ready Partner Network
increased revenue by an average of 28 percent last year and have
deployed the platform for an average of eight years.
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Integrated Payroll Services (IPS) has achieved 25 percent
year-over-year growth each of the last two years, experienced a
97-percent customer retention rate, and secured multiple
consecutive placements on the Inc. 5000 list of America's Fastest
Growing Companies.
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Large accounting firms are increasingly selecting the
Workforce Ready Partner Network as the preferred platform to
deliver HCM services to their clients, including top 100
accounting firms BerganKDV and WA Workplace (the HR
consulting division of Warren Averett).
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Partners such as Workforce PayHub benefit from Workforce
Ready's scalability to meet the needs of any client, regardless of
size. Workforce PayHub services many clients with complex needs
who realize significant benefits from deploying an intuitive,
unified cloud platform.
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Service providers also succeed through leading, unique, and innovative
programs delivered by the Workforce Ready Partner Network that are
designed to help grow their own operations:
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The annual Partner Community Workshop, now in its 10th/sup>
year, is the largest payroll provider event in the industry,
featuring more than 20 educational sessions and hands-on workshops
to learn about new trends and technology.
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A qualified lead generation program, free to partners, has
generated more than $3.5 million in recurring revenue for partners
since its inception. The program generates up to $500,000 in
combined recurring revenue for partners each quarter.
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Partners also benefit from industry-leading services and support,
including a partner-only product support team and dedicated
Partner Success Manager, implementation and demonstration
training, educational webinars, white-label marketing collateral,
a learning management system for ongoing training, and an active
online community to connect with other partner providers.
Supporting Quotes
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Bob DelPonte, vice president and general management, Workforce
Ready Solutions Group, Kronos
"Kronos recently celebrated the
five-year anniversary of the acquisition of SaaShr. The
acquisition has grown to become one of the most successful in Kronos'
history, accelerating Kronos' rapid and successful growth into both
the HCM and partner service bureau markets. Introduction of the
Workforce Ready Partner Network will allow Kronos to continue to
deliver the same innovative technology and high-caliber services to
partners while also allowing everyone to benefit from the tremendous
momentum that Kronos is experiencing in the HCM space."
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Darin Alred, president, Southwest Payroll
"One of the best
parts of the Kronos program is the partner community. Other partners
have been an incredibly valuable resource, both when we were first
starting out and now when we encounter complex client situations.
There's always a partner who has been there and done that and can
quickly give us the advice we need. The opportunity to meet with other
partners face-to-face each year at the Partner Community Workshop
helps to strengthen those relationships even more by connecting a face
the names of people I interact with every day."
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David Hanna, managing member, Paystubz
"The fact that
Kronos assigns a Partner Success Manager to each partner is
invaluable. Kronos invests in finding talented people who know the
product and are empowered to get any information you need from any
part of the organization, no matter the complexity of your request. We
think of our Partner Success Manager as our ambassador into the rest
of Kronos, and in our opinion this is a unique benefit of the Kronos
Workforce Ready Partner Network."
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Mike Anderson, president, PayNorthwest
"We've had great
success converting the leads Kronos gives us into meaningful client
relationships. The fact that Kronos provides us with a stream of
pre-qualified sales leads not only helps us grow our business, but
speaks volumes to Kronos' commitment to our success and place in the
market."
Supporting Resources
About Kronos Incorporated Kronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40
million people in over 100 countries use Kronos every day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works.
© 2017 Kronos Incorporated. All rights reserved. Kronos, the Kronos
logo, and Kronos Workforce Ready, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170508006026/en/
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