The demand for a single suite for human capital management (HCM) solutions continues to grow. Kronos recently announced increased growth in the Kronos Cloud Payroll solution, and the demand for this solution is another indicator of the value that customers see in using a fully integrated HCM solution. The Kronos Cloud Payroll solution works with both the Kronos Dimensions suite and the Kronos Workforce Ready suite.
Kronos customers have indicated time savings of 75% when moving from a paper-based solution to Kronos Cloud Payroll. Coupled with the mobile time and attendance application, the payroll solution works in an integrated fashion and removes the need for dual entry. In addition to collecting the information used to calculate payroll, Kronos Cloud Payroll allows users to access their own information, such as pay stubs and tax forms.
A recent survey from SoftwareReviews.com for the Kronos Workforce Management Ready and Central suites ranked Kronos Workforce Management second in likeliness to recommend and third in plan to renew (see image below). With the increased adoption of the integrated payroll functions in Kronos, the likeliness to recommend and the plan to renew values are well-positioned to increase as customers continue to drive the demand for integrated HCM solutions.
Source: Kronos Workforce Management Reviews at SoftwareReviews, Report Published June 2019
Info-Tech’s members are reporting the need to explore best-of-breed solutions that are easy to integrate. Using one vendor that offers strong capabilities under one platform increases the value of the offering and the value that customers can experience by reducing costs of maintenance and building partnerships with vendors.
What is changing in the HR technology space as a result of COVID-19? Some organizations are seeing an uptick in interest and customer support, while others are providing free access to their product.
ADP is offering updates and webcasts to keep customers informed during the COVID-19 response. There’s a significant impact anticipated for employers, including complex compliance, financial, and strategic issues surrounding workforce management.
Culture Amp has enabled a new feature to increase employee confidentiality. With this launch, administrators can no longer identify participants indirectly.
Can a vendor management initiative influence organizational performance? The concise answer to this question is yes. However, this influence doesn’t occur overnight.
JDA’s Workforce Management and Warehouse Labor Management software functions are now offered in an integrated manner to drive productivity gains in the warehouse.
Robots have achieved sufficient autonomy to enter semi-structured retail environments. But there’s still a gap in their capabilities, and an ex-Google employee wants to address it with his new robot observability platform startup, Formant.
Customers of Workforce Software – a leader in workforce management software – can expect to see a new and expanded customer experience due to a new wave of investments by Evergreen Coast Capital Corp. (“Evergreen”). The new equity investments into Workforce will go towards the development of new features and expanding the customer experience. The new investments will also allow Workforce to serve existing customers and expand into new markets.
Looking at software vendor capability through a single lens may result in a limited view of a vendor. Using at least two dimensions of comparison will provide a more accurate view of a vendor’s ranking. A recent independent study ranked JDA Workforce Management highest in usability while showing JDA Workforce Management as 8th in the features category.
The time for fully integrated workforce management software (WMS) is now! Recent launches, collaboration, and international partnerships by leading software vendors have further secured the place of the WMS segment as a core business need.