As today’s business environment continues to become more complex, workforce management solutions have never been needed more. The goal of any organization is to ensure the optimal balance between labour and demand, while providing a return on investment.
Traditionally, each process of the business cycle requires vast amounts of administrative effort that can be time-consuming and error-prone. Utilizing an automated, effective workforce management solution not only enables businesses to meet their labour needs, it enables them to avoid exceeding them and save money.
Cost Reduction Benefits from Workforce Management Solutions:
Reduce Labour Costs
Reduce the administrative costs of manually scheduling employees
Reduce overstaffing costs
Save 2-5 % payroll costs and eliminate buddy punching
An organization with 5,000 employees and a $300 million payroll would save $6 million a year by reducing labour costs by only 2% through better workforce management
Reduce the impact of loss of productivity due to unplanned absences by monitoring workers’ adherence to schedules in near real time
Reduce cost of payroll errors
Accurate execution and smooth adaptation, all work to save you costs and expenses for maximum cost-effectiveness and system efficiency.
Workforce Management Solutions are flexible in design and seamlessly integrated with your operational systems and provide you with the best return on your investment. Organizations must be responsive, not reactive, to ensure that resources are used in the most effective ways possible.