Like all successful businesses your company knows the importance of reducing costs and expenditures. You also recognize how critical it is to make the most efficient use of employee time while simultaneously preventing wage fraud. Workforce management software enables your business to streamline management of all of these tasks and more.
It can be very difficult to determine how much inefficiency in the workplace can be costing your business. Very often it is only when you fully implement workforce management software that the true cost of inefficiency reveals itself. The savings become immediately clear. From surveying its own customer base of over 4,000 Advance systems has found that on average, implementation of workforce management software saves $2,134 per employee per year.
As your business grows it is critical to have workforce management in place. During the growth process your company needs to be flexible, allowing for complicated scheduling practices such as increasing the number of employees and employee hours as well as having employees work irregular hours. While these benefit your company and allow it to grow at an acceptable pace they increase the complexity of workforce management. At this point workforce management software goes form being a useful cost saving utility to be a vital component of your business.
As you know the modern workplace is a dynamic place that requires businesses be flexible to succeed. Many companies now have their employees work under flexi-time schedules, work from remote offices or work as they travel. While they allow your company greater adaptability it can be a nightmare for scheduling and payroll staff to keep track of all those irregular hours. Much of the benefits of these flexible practices can be cancelled out if the organisation and recording of the workforce is not well managed. Good workforce management software allows your company to be cost efficient and versatile at the same time.
Mitrefinch’s workforce management software also allows you to implement biometric scanning with your workforce management platform which not only adds to its efficiency but also prevents wage fraud and improves security.