The "Kronos Guy" Blog

No doubt there’s a lot about Kronos’ new Workforce Dimensions platform that’s grabbed our attention; some of which we outlined last week. But a few of the features that stand out the most in making the platform so powerful for users are its D5 cloud platform and the combination of Artificial Intelligence (AI) and Machine Learning (ML).

Fear is a powerful thing. In business, fear can paralyze and pin us to the status quo. And other times, fear can make us storm into the future with both barrels. Without a doubt, Kronos chose the latter to help fuel its development of Workforce Dimensions, a next-generation Workforce Management (WFM) software that’s positioned to be an industry game changer. 

Workforce Management software is a big investment. With so much on the line, it is crucial that organizations spend a significant amount of time determining how much they should spend on the correct software for their organizational needs. There are many things to consider before making a decision, including: such as scalability, budget, whether you’re buying more software than you need, how the new workforce management software solution will be implemented, etc. Dan Buckhout, a seasoned business management professional and strategic leader at 70kft, spoke on the mistakes organizations make when purchasing Workforce Management software. “The decision about which solution is the best for your workforce is a matter of value, not cost. A lower cost option that doesn’t perform a key function as well as a higher cost option may cause operating inefficiencies that cost your organization far more over time than the initial outlay.” Recent studies revealed that over a quarter of software deployed by organizations is unused or rarely used.  Organizations often 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. How can you prevent lost or wasted resources?

2016 has been quite the year. People everywhere are eagerly waiting for New Years Eve so they can watch the ball drop and finally leave 2016 behind. As we move forward into 2017, there is a hope that this year will be significantly better than the last. Though the world experienced some negative changes, there was still a lot of positive forward movement, especially in the field of Workforce Management. The workforce is continually evolving, forcing organizations to rethink the way they manage human capital. As the field continues to develop, there are some major workforce management trends organizations should have on their radar this year. Here are some of the things to watch for in 2017: