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Workforce management solutions help businesses track, monitor, and evaluate business metrics, which in turn help human resources departments and personnel oversee and optimize employee schedules and workloads.
Key Benefits of Workforce Management Software
Workforce management platforms help businesses optimize their workforce efforts by forecasting labor demand, creating and managing employee schedules, tracking employee attendance, and reporting on workforce efficiency. Workforce management solution use and implementation varies from organization to organization; it also differs in terms of scope. Some tools only focus on employee scheduling and time-off requests; meanwhile, the more robust (and more commonly used) workforce management tools provide payroll, time tracking, and reporting solutions.
Forecast labor demands – Many workforce management tools enable businesses to forecast labor demands that help reduce over- or understaffed workdays. This also helps prevent businesses from paying unnecessary overtime pay. Since workforce management tools allow employees to submit time-off requests directly into the software, mistakes such as scheduling an employee when she or he is unavailable are significantly mitigated because all requests are documented in the system.
Employee schedules – Depending on the nature and size of a business, scheduling employees can be a complicated task. One that, when mistakes are made, can result in missed shifts, upset employees, and poor customer service. Workforce management software solutions enable employers to house all employee schedules in one place. The software also allows employees to gain greater insight into their upcoming schedules, while providing communication tools for things like time-off requests.
Payroll – Many workforce management tools have payroll functionality, or integrate with payroll software, to automatically account for employee hours worked.
Time tracking – Through the use of built-in time tracking features, workforce management solutions helps users ensure that their employees are only accruing time worked when they are actually working.
Employee portal– Workforce management products often provide an employee portal. This way, employees can log into the system and see when they are scheduled to work, request time off, and even clock in and out.
Reports – Workforce management software can generate reports based on time clocked. This provides employers with insights into which employees are on time and which aren’t; it also allows employers to identify any missed shifts.
Though workforce management tools can be used by any business, traditionally they are used by organizations with large hourly and part-time workforces in industries such as retail, manufacturing, hospitality, and health care.
Small businesses in some industries, such as retail or hospitality, deal with a larger number of high turnover rates and employees that work part-time. Workforce management systems make it easy to track all employees. Organizations in other sectors have seen the need to track time and work activities for highly skilled and diverse workforces increase, particularly with the increase in remote and contract employees.
Ultimately, workforce management software is great for businesses of all sizes looking to streamline management’s workload while providing more transparency to the entire team when it comes to scheduling.
Labor forecasting – Workforce management solutions help companies predict the number and types of employees necessary to meet anticipated demand and control labor costs.
Shift scheduling – Companies can use WFM solutions to plan employee work shifts according to availability, as well as provide notifications to employees when they are scheduled.
Time & attendance management – Workforce management tools let employees track the hours they have worked through integrations with time tracking products or built-in time tracking features.
Absence & leave management – With workforce management solutions, employees can submit paid time off (PTO) or leave of absence requests that managers can approve or deny within the platform.
Skills management – WFM solutions let businesses organize, sort, and view employees based on skills and qualifications in order to make smarter scheduling decisions.
Succession management – With WFM solutions, businesses can identify high-performing employees with potential to be promoted with minimal development.
Workforce analytics – Workforce management tools are designed to help analyze employee data and develop a baseline for evaluating and optimizing workforce management.
Self-service capabilities – Workforce management solutions provide employee self-service portals through which they can view their schedules, submit PTO requests, configure work availability and preferences, and self-schedule from available work times.
Mobile shift scheduling – Many workforce management tools offer mobile applications or mobile-optimized websites that provide mobile workforce management solutions. Many of these mobile applications facilitate communication between employees and managers around shift scheduling. Managers and employees can use WFM solutions to create or claim available work shifts and receive notifications on their mobile devices. Features such as leave and absence management, as well as time and attendance tracking features, are often included in mobile applications, allowing managers to approve or deny employee requests on the go.
Team communication – WFM solutions provide messaging solutions for team members or managers through built-in text or emailing functions and communicate scheduling or leave requests. Another great function of many workforce management tools is communication between management and employees. If you are managing a team, it can be easy to lose track of individual correspondences with each employee. Many workforce management tools allow you to communicate with employees inside the tool. This way you can make changes to a schedule and notify an employee all in the same tool.
Customization – Workforce management software allows administrators to customize the solution to accommodate their unique processes. This includes the ability to create custom objects, fields, rules, calculations, and views.
Cloud-based solutions – Cloud-based workforce management software lets companies and employees access the software anywhere.
Integrated application programming interface (APIs) – WFM solutions provide specifications for how the application communicates with other software. APIs typically enable integration of data, logic, and objects with other software applications.
Dashboards – WFM software provides an easy-to-read, often single-page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization’s key performance indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance.
Reporting – Workforce management systems enable reporting of all data contained within the system. Typically contains standard reports as well as the ability to create ad-hoc reports.
Analytics – An emerging area of importance in workforce management tools is the ability to provide actionable workforce analytics about people in the workplace. The data collected by workforce management software includes information such as employee skills and time attendance, which can be used to uncover and report on insights into workforce efficiencies. Companies are also able to identify the likelihood of employee success and predict the need for certain skill sets.
Additional features that some workforce management solutions may offer include succession and contingency planning, as well as compliance and risk management.
Workforce management vs. time tracking software – Workforce management and time tracking software are often confused due to their overlap in functionality. These solutions are not the same; workforce management is more concerned with scheduling worker hours, and time tracking software is concerned with tracking the hours that were scheduled. However, given how closely related these two functions are, it’s common for one tool to contain functionality for both tasks.
Here are some of the best workforce management platforms that integrate easily with existing tools and systems.
Here are some of the most user-friendly workforce apps designed to simplify team management and scheduling:
Here are some cost-effective workforce management systems that offer strong value without compromising on features: