Latest Release of Kronos Workforce Ready, Replete with Enhancements




Kronos has announced the latest release of its cloud-based Kronos Workforce Ready workforce management (WFM) suite for small and midsize businesses (SMBs). Workforce Ready came from Kronos’ late 2012 acquisition of SaaShr, and the SMB cloud business at Kronos has been on a tear of late, being a $22 million business (not much compared to Kronos’ $1 billion total revenues, but impressive for a business that’s less than two years old).
 
Kronos sells its cloud SMB product directly to companies with 100-2,500 users, and since its acquisition of SaaShr has gained more than 600 customers. Kronos’ SaaShr partners sell to those companies with fewer than 100 users, and they have listed nearly 9,000 cloud customers as of the end of last quarter. Workforce Ready is currently available in English (US and UK), French (Canada and France), Spanish, and Dutch, but its further internalization continues.
 
Updates in the latest release of Kronos Workforce Ready include many functions that replicate those from its bigger sibling Kronos Workforce Central, including human resources (HR) workflow templates, benefits administration, and leave of absence enhancements. Workforce Ready now allows for organizations with multiple employer identification numbers (EINs) to hire employees, track their time, process payroll, and run reports for employees that may work in more than one EIN at a time. For organizations not wishing to file their own payroll taxes, Kronos offers outsourced tax filing services through additional providers.
 
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