Press release

Kronos HCM Transforms Payroll Processing to Drive Accuracy, Efficiency, and Visibility

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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.
  • 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

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.

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