Kronos (News - Alert) Incorporated, a provider of workforce management solutions has expanded its portfolio with the introduction of a new suite of cloud-based workforce management solutions for the SMBs.
The KronosWorkforce Ready Suite, the new solution has been designed to deliver enterprise-level capabilities in an easy-to-use, easy-to-afford, cloud-based environment. and enable them stay competitive, Kronos said in a press release. Workforce Ready delivers enterprise-level capabilities in an easy-to-use, easy-to-afford, cloud-based environment.
The suite stores and shares employee records over a common technology platform. As such, businesses get a single-source access to employee data in real time, via a single user interface across its entire suite of applications. This frees the SMBs from the dependence on substandard systems combining HR, payroll, and time and attendance products in a messy patchwork and enable them stay competitive.
In order to address their unique needs, the organizations can mix and match the capabilities of the solution. For example, the Time and Attendance functionality helps streamline 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.
The scheduling functionality helps control 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.
Using the Absence Management features, the companies can reduce 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.
Using the comprehensive, end-to-end HR solution, the HR departments of any company can keep employees, managers, and HR administrators up to date and compliant. In addition, the HR module of the solution helps provide secure management of employee records and robust performance and asset management tools.
Workforce Ready comes with an integrated payroll engine, which provides quick access to data to process payroll correctly. Alerts let multiple people work on payroll at the same time without causing issues, and eliminate pre-processing steps.
The solution also helps with hiring. With such features as comprehensive applicant tracking, screening, and on-boarding, the solution helps accelerate the employee recruitment and hiring process.
With inbuilt analytics feature, the solution helps build up workforce management data with diagnostic views of key labor metrics and point-and-click reporting that identifies areas for cost savings, innovation, and growth.
Using Workforce Ready, the employees gain access to data when and where they want. Its mobile feature, allows the employees to 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.
“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,” program director of HR, learning, and talent research at IDC (News - Alert) Lisa Rowan commented in a statement.
Last month, Kronos forged a reseller agreement with OCSHI, a provider of solutions and services to the healthcare sector and with this the company continues to extend its reach into the Middle East.