Kronos HCM Transforms Payroll Processing to Drive Accuracy, Efficiency, and Visibility
LOWELL, Mass.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/HCM?src=hash” target=”_blank”gt;#HCMlt;/agt;–Organizations of all sizes and across all industries are transforming
the payroll process with human capital management (HCM) solutions from Kronos
Incorporated. By implementing a unified HCM suite that prioritizes
the day-to-day moments that define an employee’s work experience – such
as accurately capturing their time worked, providing a best-fit
schedule, accelerating time-off approval, and simplifying shift swaps –
Kronos customers also improve payroll accuracy, efficiency, and data
visibility while mitigating compliance risk and supporting the
development of a highly engaged workforce.
News Facts
-
Kronos
HCM simplifies the entire employee lifecycle, empowering employees
with innovative tools to balance the demands of work and life,
unburdening managers from time-consuming administrative tasks so they
can focus on strategic business initiatives, and accelerating payroll
processing with high quality data and automation that mitigates
compliance risk and supports reporting.-
Jasper Group, a manufacturer of high-quality business, community,
and public space furniture, has doubled in size since deploying
Kronos HCM seven years ago. Today, Jasper Group processes payroll
faster with Kronos than it did with its legacy solution when it
was half its current size. -
By deploying a unified HCM suite from Kronos, Kalamazoo
Anesthesiology eliminated the cumbersome, manual process
required to transfer data from its timekeeping system to its
payroll system – a significant pain point that affected accuracy
and efficiency – reducing processing time from approximately four
days to less than one. Employees now know an accurate timecard
will result in an accurate paycheck, which has greatly improved
data quality for real-time analytics and reporting. -
Sprint
Mart, a convenience store chain with nearly 100 locations,
issues more than 1,300 paychecks every single week. Prior to
Kronos, managers were drowning in highly manual, paper-based
processes. With Kronos HCM, administrative work has been digitized
and automated, improving payroll data quality and reducing
processing time – allowing managers to use their
newfound time to focus on cultural changes that have empowered
employees and measurably reduced turnover.
-
Jasper Group, a manufacturer of high-quality business, community,
-
Organizations increasingly recognize the efficiencies of combining
market-leading workforce management with payroll and payroll services,
such as tax and garnishment payments, in a single solution from
Kronos. Kronos
Payroll Services continues to double in size each year, and nearly
all new Kronos
Payroll customers now opt to utilize Kronos Payroll Services. -
Kronos HCM growth
continues to surge, with HCM bookings up 42% over the last 12
months, as more organizations recognize the value of actively
leveraging the rich workforce management data being created every
minute of every day to drive payroll processing efficiencies and make
more informed people-centric decisions across all levels of the
organization.
Supporting Quotes
-
Bob DelPonte, vice president and general manager, HCM practice
group, Kronos
“Kronos delivers more than 40 years of global
workforce management leadership driving innovation, employee
engagement, and customer success. Kronos HCM is rapidly growing
because more organizations recognize the value of putting workforce
management – where the decisions that impact employees most every day
are made – at the core of their HCM strategy. This also simplifies the
complex relationship between timekeeping and payroll, while delivering
innovations such as artificial intelligence and real-time analytics to
elevate payroll to a strategic business partner.”
-
Chris McKinney, director, human resources, Sprint Mart
“What
would you do with more time? At Sprint Mart, Kronos has automated,
digitized, and simplified payroll, increasing employee time capture,
reducing manager timecard reviews, and accelerating the speed our
payroll team prepares for processing each week. We’ve used this
reclaimed time, along with better data visibility, to implement
high-impact cultural changes that have reduced turnover and improved
customer success, propelling our business forward.”
Supporting Resources
-
Learn how Kronos
can simplify payroll at booth 105 during the 37th
American Payroll Association Congress taking place May 15-17 in Long
Beach, Calif. -
Hear Kronos discuss the future of time, attendance, and payroll during
a panel discussion at APA Congress in room 101AB on Thursday, May
16 at 8 a.m. PT. -
Read the “5
Things We’re Hoping to Learn at APA’s Annual Congress” on the
Kronos What
Works blog. -
Kronos CEO Aron Ain shares how to transform employee engagement into a
growth strategy in his new book, “WorkInspired:
How to Build an Organization Where Everyone Loves to Work.” -
Connect with Kronos via Facebook,
Twitter,
LinkedIn,
Instagram,
and YouTube.
About Kronos Incorporated
Kronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations —
including half of the Fortune 1000® — and more than 40
million people in over 100 countries use Kronos every day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works.
© 2019 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
Contacts
Dan Gouthro
Kronos Incorporated
+1 978.947.7310
daniel.gouthro@kronos.com