Many organizations are looking to workforce management solutions to be integrated with their ERP system to deliver the greatest value.
Organizations want workforce management tools to provide visibility into the capabilities within their workforce, help identify gaps within their talent pool, and steer decisions about how to deploy their workforce in a way that balances optimization with employee experience.
In its January 2019 HR Impact and 2019 Workforce Management studies, m.Research found that leaders of organizations of all sizes and across multiple industries indicated they were focusing their efforts on delivering great leaders and a strong workforce, while simultaneously managing costs. They also indicated the need for the right tools, data, and accessibility to help them do so effectively. Many of these organizations are looking to workforce management solutions integrated with their ERP system to deliver the greatest value.
Some key points from the studies include:
- The average ROI time for an ERP implementation was 20 months
- 55% of organizations indicated an ROI on the implementation of their time and attendance solution and 49% on the implementation of their employee scheduling solution in less than 12 months
- Organizations automating workforce management processes were 7% more likely to cite average or above average levels of employee engagement
- Organizations automating workforce management processes were 28% more likely to cite above average workforce utilization rates
Download this research brief today to learn more about how integrating your workforce management solution with an ERP can be a game-changer for your organization.