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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financial analysts and Kronos’ top brass also revealed the company’s continued forays in growing its cloud computing and managed services customer base. Kronos prides itself in being “easy to buy, deploy, and maintain.” To that end, customers have many options for payment (i.e., perpetual license, subscription, or rent to own), deployment (i.e., in a customer data center or hosted in secure off-site facility), and system management (i.e., either maintained by the customer or Kronos). Thus, since