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Workforce analytics software applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM).
Workforce analytics uses a combination of data analysis tools and statistical methods to measure workforce performance. For example, business leaders can identify major inefficiencies in HR processes and perform matchmaking through workforce analytics to ensure that their operations are smooth and fully staffed. Workforce analytics does not need to replace person-to-person interaction and human input in processes; it can be a supplementary tool for sound business leadership.
In context, workforce analytics are presented along with other kinds of analytics. Broader-level analytics concepts include the use of prescriptive analytics, which provides a plan for a company; predictive analytics, which tries to project future operations; and other kinds of analytics for marketing or other processes.
Features:-
- Access complete, accurate snapshots of your employees’ day-to-day labor activities
- Quickly identify cost-saving measures with greater visibility into workforce analytics
- Build simple, intuitive reports with drag-and-drop functionality and custom views
- Co-mingle data from multiple sources, including your HRIS software, financial applications, and many more
Benefits:-
- Eliminate manual processes, cut payroll costs, and boost employee satisfaction.
- Improve profitability, reduce costs, and increase organizational performance.
- Enable seamless integration with secure, cloud-based solutions.
- Boost productivity and drive financial performance