CHELMSFORD, Mass. (September 14, 2009) – K-12 schools, colleges, and universities are turning to Kronos® Incorporated to fill time and attendance gaps left by their ERP systems. Kronos automates, centralizes, and integrates critical workforce business processes to help control labor costs, minimize compliance risk, and improve workforce productivity for educational institutions.
News Facts

* Time and attendance products offered by ERP vendors are unable to meet the budgetary requirements of educational institutions. These solutions take longer and are more expensive to implement and maintain as they often rely on custom code and scripting languages. Also, they don’t offer the tools to gain real-time control over payroll data and overall labor costs including overtime, absenteeism, and scheduling problems.
* Rudimentary time and attendance solutions from ERPs can leak hundreds of thousands, even millions, of dollars each year as they don’t detect labor-related problems for days.
* Considering that labor costs represent one of the largest expenses for schools and higher education institutions, often exceeding 70 percent of operational budget, time and attendance data collection is a great place to look for quick payback.
* Educational institutions including Broward County Public Schools, Chicago Public Schools, Cornell University, and Yale University use Kronos time and attendance solutions to extend the value of their ERP investment.

Supporting Quotes

* Jerome Goudelock, acting chief HR operations officer, Chicago Public Schools
“Managing staff overtime and maximizing operational efficiencies can make the difference between meeting or exceeding budget. But you can’t control what you don’t see. Kronos offers high-quality, real-time data about the workforce leading to cost savings. The best-of-breed Kronos solution easily integrates with our existing ERP system and helps us leverage that investment to control labor costs.”
* Kathy Tessendorf, director of human resource information, Northwestern University
“The Kronos solution enhances communication among departments and divisions through easy integration capabilities and provides real-time reporting from a centralized database. As grant funding has become an increasingly crucial part of education budgets, by using Kronos, we are able to total all hours employees work from all of their jobs for overtime calculations as well as giving us the ability to keep accurate reporting for separate grant projects.”
* Kimberly Curtis, PMP, senior project manager, University of North Carolina at Chapel Hill
“Payroll is typically a university’s largest expense, and with a dispersed and complex workforce, they need a system that automates processes and handles multiple and complex pay rules. With Kronos, pay rules are easily configured, tested, and deployed across the entire campus. This helps control labor costs, improve productivity, and achieve greater ROI.”
* Christine Carmichael, director of education industry marketing, Kronos
“At Kronos, we strive to offer detailed workforce intelligence to help our customers take positive action. As a result, they can extend the value of other technology investments such as ERPs to minimize absenteeism rates and control labor costs, ultimately resulting in better service to students, employees, and the community.”

Source: Kronos