LAS VEGAS (November 10, 2009) – Based on its ability to uncover hard-dollar savings during these challenging economic times, Kronos® Incorporated is seeing an increased demand for its Optimization Services offering.
News Facts
* Kronos Optimization Services are delivered by experienced Kronos consultants who assess an organization’s workforce management processes through a series of consultative interviews and technical reviews and make recommendations that help them derive more value from their existing Kronos solution.
* By uncovering inefficiencies due to lack of complete automation, absenteeism and overtime abuses, Optimization Services save organizations money; help them make better, more informed decisions; and position them for long-term cost savings and success.
* On average, customers who take advantage of Kronos Optimization Services uncover an additional $1.4 million in direct savings.
* More than 100 organizations ranging in size from less than 1,000 employees to more than 70,000 employees have taken advantage of Kronos Optimization Services including Levy Restaurants, Ocean State Job Lot, Pacific Alliance Medical Center, and ProHealth Care.
* Kronos offers a comprehensive portfolio of services designed to solve critical business issues and maximize performance and ROI throughout the lifecycle of an engagement.
Supporting Quotes
* Chris Todd, vice president of professional services, Kronos
“We know that once an organization installs a Kronos solution, they don’t always have time to think about whether or not they are using it to its fullest potential. With Optimization Services, we do it for them, providing organizations with actionable advice they can follow to better control labor costs, minimize compliance risk, and improve productivity.”
* Allan Shubin, chief financial officer, Pacific Alliance Medical Center
“The Optimization Service from Kronos showed us that our payroll staff was spending too much time verifying and correcting timecards. It also uncovered a need for managers and employees to be re-trained on how to effectively use the system to monitor and control labor costs. Finally, it identified areas of significant cost savings which ended up virtually paying for our upgrade to Workforce Central® 6.1. We anticipate that we will continue to see reductions in labor costs as a result of the re-training and more effective use of the Kronos system overall.”
Supporting Resources
* This announcement was made from KronosWorks(TM), the industry’s largest venue for exchanging ideas on how to effectively manage the workforce. KronosWorks is taking place this week in Las Vegas.
Source: Kronos