Business productivity is an important benchmark to evaluate organizational performance. It is the outcome of effective workforce management that encourages employees to work hard and contribute to corporate growth.
While increasing business productivity is a key goal for organizations, achieving this objective is not easy. Employers keep considering multiple options to make their teams more productive and efficient such as offering bonuses and increments and transforming traditional methods of staff performance optimization.
Yet, the most effective approach to boost business productivity has been the use of cloud-based WFM solutions, which automate workforce management practices and empower teams while maintaining quality and trust.
Read this article below to learn how automated WFM solutions can increase business productivity and improve organizational performance.
1. Employee Empowerment
Research shows that empowering employees through wellness programs reduces workplace stress and improves organizational performance. Giving your workers the flexibility to reorganize their tasks and schedules keeps them happy and satisfied.
When it comes to employee empowerment, workforce management systems are built to offer flexibility and promote a healthy work-life balance. Shift supervisors and managers can create flexible schedules for their staff members who can access and control these schedules from anywhere.
This feature of WFM software enables employees to work on their preferred schedules and make better decisions to achieve long-term sustainability.
2. Significant Time Savings
Manual processes take a lot of time and limit productivity. Recording employees’ performance data on paper and timecards is highly vulnerable to human errors that can decline operational efficiency.
However, an automated WFM software transforms admin workflows and eliminates the inaccuracy of the manual system. You can make accurate payroll calculations and import real-time data by integrating the time and attendance system with your payroll software. Besides, automated payroll processing can reduce calculation time from hours to minutes and help companies save thousands of dollars every year.
Managers can also download weekly or monthly reports in a few minutes by using workforce management solutions. Accurate payrolls drive further productivity gains and contribute to organizational growth and development.
3. Reinvented Scheduling
Scheduling is a time-consuming activity, particularly when a company has a large workforce. Managers have to create multiple schedules for their staff members and make changes frequently. This process not only takes time but also kills productivity.
A WFM software allows managers to create multi-dimensional schedules for various shifts and employees quickly and efficiently. For instance, a Canadian roadside assistance firm AMA reduced the time required to build a schedule for the entire year from one to two months to less than one hour with WFM software.
Not only that, but managers can also customize their schedules according to the shift locations, employee profiles, job requirements, conflict alerts, hours’ thresholds, and approximate budget to meet clients’ specific needs.
4. Better Staff Recruitment
Every business leader understands the significance of a competent and talented workforce. However, most entrepreneurs don’t know how to find skilled and qualified employees. Mckinsey Global Survey showed that over 82% of organizations don’t believe they have a talented workforce while only 7% can retain qualified resources.
To address this issue, modern WFM systems are offering the automated BS7858 staff vetting feature to help organizations hire dedicated personnel as per the BS7858 standards. These cloud-based solutions cover all aspects of staff screening and perform comprehensive checks into the candidate’s ID, employment and educational history, right to work, DBS criminality, credit, and sanctions list.
Hence, companies can find and retain the top talent using WFM software and access advanced skills & expertise to enhance their business productivity.
5. Improved Performance Evaluation
Performance evaluation is a routine practice across the globe. Companies evaluate the contributions made by their workers throughout the year and make final decisions about their promotions.
Traditional performance evaluation practices are flawed and less efficient. Managers are often accused of partiality and bias when analyzing the track record of their employees. Hence, real-time performance evaluation has become a necessity for transparency and objectivity.
High-tech WFM systems are the best solutions in this regard. They provide managers with real-time insights about their workers’ performances and help them make informed decisions. Even employees can also check their performances for a specific period, service areas, clients, and job roles. This way, automated solutions bring transparency in employee performance monitoring that drives workplace efficiency and boosts organizational growth.
The post-pandemic corporate world has become the most dynamic and competitive than ever before. New trends in consumer behaviour and workers’ needs have identified the need for sustainable solutions to manage today’s highly diverse workforces.
Hence, many companies are now automating their workforce management practices by using cloud-based WFM systems. These fully automated solutions offer powerful features to monitor employees’ performances in real time and make informed decisions based on valuable insights.
With WFM software, companies can automate BS7848 staff screening, employee scheduling and reporting, and payroll management. Managers can save their precious time to focus on critical areas while workers can choose their preferred schedules.
Hence, better workforce management leads to enhanced employee satisfaction and boosts business productivity and efficiency.