How much is your WFM Software really costing you?

Mar 15, 2016 7:31:54 AM

There is a hidden epidemic in organizations all across the world: an epidemic of unused software. U.S. organizations wasted $30 billion — yes, billion — on unused software over the course of a four-year study. The global average came to 37 percent of software unused per company. The cost: $259 per desktop. There are even more staggering statistics, including the fact that over a quarter of software deployed by organizations is unused or rarely used. Studies show that organizations do not have processes in place to accurately manage and utilize software assets. If software is not implemented or utilized properly, it can cost organizations hundreds and thousands of dollars.

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The Key to a Successful Kronos Implementation Audit

Aug 27, 2015 8:00:00 AM

 

How much would you be willing to pay for peace of mind?

Organization’s around the globe pay millions of dollars every year to purchase or supplement the applications that provide support and peace of mind. In 2015, worldwide IT spending is set to total at 3.8 trillion dollars, increasing by 2.4% from last year. Organizations worldwide spent $335 billion dollars last year on software alone!

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Ready for WFC 8? Successful WFM Implementation Strategies

Jun 5, 2015 8:00:00 AM

 

Companies invest substantial labor and financial resources to
deploy workforce management software.

Why do so many projects fail?

Although each Workforce Management implementation has its own unique needs and requirements, WFM projects share certain commonalities: they are complex, require detailed strategy and thoughtful change management. Failure can have catastrophic consequences across an organization. With Kronos Version 8.0 being released, it is time for many organizations to start considering an implementation or upgrade strategy. Strategic planning at the outset of the implementation saves time and money while increasing the likelihood that expected benefits will be delivered on time and on budget.

Software implementation and upgrade projects are prone to failure. Overall, an estimated 74% of IT (Information Technology) projects fail in delivering “the promised functionality on time and on budget.” An average 66% of software projects experience a cost overrun, 33% experience a schedule overrun and 17% fail so badly they can threaten the very existence of the company. In fact, 50% of businesses had an IT project fail in the last 12 months. Workforce Management Software (including Kronos®) implementations face similar threats.

Kronos® implementations can be particularly challenging and complex.

Depending on the business needs of an organization, a Kronos deployment can touch every facet of the company, including employee timekeeping, payroll, benefits and HR administration. From a technical side, HR, Payroll and Accounting systems may be affected through single and dual-feed data interfaces. Not only are employees and systems affected, but compliance with legislative mandates and union agreements can also be major concerns for a Kronos implementation. An organization implementing any Kronos version across multiple locations must also contend with a variety of local, state, federal (and in the case of an international deployment, country) regulations. Failure to adequately meet these requirements can be costly. Intangible aspects of a difficult or failed implementation impact an organization as well - no employee is happy to have their paycheck or benefits miscalculated.

Failure is not an option; strategy is the solution. [Tweet This] 

Too often, organizations will begin an IT project with no clear direction on where they currently are or where they are going. The pressure of a necessary Kronos upgrade can cause decisions without direction. The literature agrees: software project failures are often the result of inconsistent stakeholder involvement and commitment, fuzzy business objectives or a failure to align project requirements with business needs. 

Identifying and mitigating the most common sources of risk or pain points in a Kronos implementation is the first step to ensuring success.  [Tweet This] 

Strategic implementation planning must identify an organization’s Critical Success Factors (CSFs). These factors will vary by organization size, location(s) and industry. To avoid costly overruns or inadequate delivery, a successful implementation plan will include:

  • Strategic Alignment 
  • Strategic Reconciliation 
  • Gap Analysis 
  • Project Charter 
  • Change Management 

To continue reading click below to download our new whitepaper: Successful Implementation Strategies. 

                        

Download! 

 

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Most companies use less than 50% of Kronos workforce management software functionality. How much utilization do you have?

Would you benefit from a process that helps your organization verify your Kronos configuration and associated processes to ensure you are making the most of your Kronos application?

Learn more or download The Case for Gap Analysis.

file_downloadThe Case for Gap Analysis

Companies invest substantial labor and financial resources to deploy workforce management software Why do so many projects fail?

Do you know the best practices - and the pitfalls to watch for - to deliver a successful project?

Our white paper, Successful WFM Strategies, explores effective steps you can take to deliver a successful project.

file_downloadImplementation Strategies

Are you thinking about upgrading? There are different ways to approach an upgrade. Learn more, or download our Ready to Upgrade checklist, to explore your options.

file_downloadReady to Upgrade?

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