Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC principal analyst P.J. Jakovljevic looks at WFM challenges facing organizations, particularly those with large, complex workforces, and how Kronos’ innovative solutions help companies control labor costs, minimize compliance risk, and improve workforce productivity.
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the acquisition of Principal Decision Systems International (PDSI) and the TeleStaff product in May 2011 . The Importance of Mobile WFM As was evident at the conference, Kronos has continued development of its mobile applications designed for both managers and employees (e.g., time-off requests and related approvals). During its breakout session, Accenture stated that global mobile commerce is expected to reach $119 billion (USD) by 2015. In addition, 77 percent of the world population has a mobile