New research conducted by Brandon Hall Group for Kronos Incorporated, a global leader in delivering workforce management solutions in the cloud, finds that the use of technology to improve insight through reporting and analytics is the number one benefit of workforce management. Analysis produced from this research finds that the majority of organizations prefer SaaS/cloud delivery of their workforce management solutions, regardless of their current technology deployment. The report, Four Keys to Realizing a Total Return on your Workforce Technology Investment, highlights that to truly account for the value created by workforce management technology, organizations should consider the categories cost, compliance, productivity, performance, trust and transparency, according to a press release. Gregg Gordon, senior director, Big Data Practice, Kronos, “As this research from Brandon Hall shows, organizations are realising more value out of the data they have already collected as a result of their process automation efforts. Ensuring greater access to information for transparency, reconciling multiple data streams for a single truth and implementing machine learning to better understand policy compliance are all proven methods to increase the return on investment from a company’s workforce management solution.” Michael Rochelle, chief strategy officer and HCM principal analyst, Brandon Hall Group, “Organizations have access to large amounts of data and yet they often struggle to leverage their technology and the data to help the business move forward. This report shines a bright light on how organizations can get the most out of their workforce management technology investment through not only cost savings, but by increasing transparency, creating trust, and maximising productivity and performance.”
