A company’s workforce works like an ecosystem: Everything is connected and every species is dependent on one another to provide the necessities to sustain the ecosystem. For example, a coral reef provides food and shelter to many small fish. The small fish act as food for medium-sized predator fish, which, in turn, serve as a food source for larger-sized fish and so on.
Likewise in a business organization, every department or division of labor is dependent on each other to survive and reach their goals. When one division isn’t pulling their load of the work, then the other departments start to falter.
So how can a workforce management system benefit your business? Well, that’s a loaded question, since a workforce management solution can perform a plethora of tasks for any department you may have. To help you, we’ll look more in depth into the functions of a workforce management system and then see what the top vendors have to offer.
What Is Workforce Management?
In a nutshell, workforce management deals with HR operations to ensure the efficiency of a company’s workforce. A workforce management software solution has multiple core functions to help you organize your workforce and ensure that every department is balanced and performing their duties. The most important of those features include HR management, payroll, talent acquisition, time and attendance and employee lifecycle.
Each software platform brings something different to the table. To help distinguish what makes each platform unique, here are some of the top workforce management tools in the industry and what they have to offer:
Zenefits
Another important feature Zenefits brings to the table is its reporting and analytics tools. With this feature, you can create reports and input data into different kinds of charts and graphs. Having data organized in a visual representation is beneficial to any company, as you can use it to easily make budgets, understand trends and oversee efficiency throughout the company.
Ideal User Size
Small to medium-sized businesses
Unique Features
- Insurance management
- Benefits administration
- Retirement planning
UltiPro
UltiPro also has a payment servicing feature that really comes in handy for a growing organization. Dealing with taxes can be a drag for anybody, and it’s certainly not the most exciting part of a business. What UltiPro does is maintain all of your deposits and tax liabilities (federal, state and local), deliver multi-worksite reporting and file all of your tax returns for you.
Ideal User Size
Medium to large-sized businesses.
Unique Features
- Employee lifecycle management
- Succession planning
- Onboarding
Greenhouse
After the interview is over, Greenhouse will provide a scorecard for you to rate the candidate on their criteria (skills, traits, etc.) Lastly, the Greenhouse platform comes equipped with a plethora of reports as well as a flexible APIs for customers and partners.
Ideal User Size
Businesses of all sizes
Unique Features
- Career site A/B testing
- ROI tracking
- Social media job posting/sharing
iCIMS Talent Platform
The iCIMS Talent Platform’s Onboarding Wizard tool, also known as “The Wizard,” helps your new employees get acquainted with the company regarding policies, culture and operations by using multiple media forms such as welcome images, videos and tasks based on job type. In addition, The Wizard automates all aspects of the onboarding process for you such as filling in employee fields and forms so that your HR department doesn’t have to fill them in manually. Lastly, the iCIMS Talent Platform offers a reporting center that provides custom reports as well as a file library that contains universal employee forms for different countries.
Ideal User Size
Businesses of all sizes.
Unique Features
- Career Site Search Engine Optimization (SEO)
- Recruitment Marketing
- Applicant Tracking
To Sum Up
Workforce management works in a variety of ways. You can use it to recruit prospective employees as well as manage your current workforce from cradle to grave. Each software vendor offers something different as some focus more on the interview process while others tend to gravitate towards maintaining a happy workforce. If you want more information on workforce management software, you can check out our HR software solutions page.
[Photo courtesy of Flickr user Malcolm Browne.]