For your business to keep running and growing, you need competent people in job positions perfectly suited to them. One impactful factor for your success rate is the quality of your workforce. That said, plan regarding its complexities and help your employees develop their skills and enhance their talents. Simplify the process by taking advantage of workforce planning software. Choose yours in this article.
13+ Workforce Planning Software
7. SAP SuccessFactors
8. Visier People
What Is Workforce Planning Software?
Workforce planning software is a digital solution that assists the management in handling the processes involved in strategizing to fill in talent gaps and meeting the demands for every work shift. With this software, you can centralize tasks and projects that you need to do in a dashboard. It has an accessible database that integrates essential employee information into a single platform.
Also, it has digital tools to streamline staff scheduling, employee tracking, task management, and other employee management activities that come with it. In addition, this workforce planning system allows collaboration between the workforce and the management team for a seamless planning process.
This technology will help you track and monitor the productivity of your employees with their respective assignments in just a few clicks. Also, it automates employee data management and makes the dissemination of information quicker. That said, this software plays its role by helpfully reducing the time necessary and lessening the weight of your workload to complete your strategic workforce planning tasks.
In choosing the perfect software for you, you need to consider several things, from its compatibility to the size of your business to the digital devices it supports. Aside from that, another essential element you should pay attention to is the services it can provide you. Ideal software for you would be the one that can satisfy your needs and fill in the business holes caused by your workforce planning gaps. That said, ensure to study your options deliberately and filter them effectively. Here are essential features that the workforce planning software of your choice should have:
- Employee scheduling tools
- Time and attendance tracking functionalities
- Project management capabilities
- Productivity tracking properties
- Collaborative tools
- Employee performance management features
- Customizable workflows
- Talent management features
- Third-party applications integration
Top 10 Workforce Planning Software
1. ADP Workforce Now
Human resource management and background screening tools are examples of tools available in this software. They have 58,000 employees and have 14 billion dollars in generated revenue.
2. Workday HCM
This software allows its users to utilize activity tracking and competency management tools. They have a revenue of 4.5 billion dollars and have 10,000 people on their team.
3. Kronos Workforce Central
This workforce management software offers data analytics and payroll processing capabilities to its users. Its developer, UKG, has 3 billion dollars in generated revenue and has employed 13,000 people.
4. Oracle Workforce Management
When you utilize this workforce management system, you can use absence management and payroll management features. They have 196,083 employees and have a generated revenue of 2 billion dollars.
Paylocity offers compensation management and benchmarking functionalities to its users. They have 635.6 million dollars in generated revenue and have 3,050 employees in their team.
This digital solution has tools for idea management and for measuring key performance indicators. They have 2,046 employees and have a revenue of 168.3 million dollars.
In this digital solution, you can access a customizable dashboard and asset management features. They have 400 employees and have 84 million dollars in generated revenue.
In this software, you can utilize applicant tracking and 360 degree feedback functionalities. They have 870 people working for them and have 82.5 million dollars in revenue.
Content management and financial reporting are features accessible in Planful. They have 404 people in their team and have 58.6 million dollars in generated revenue.
Rippling has functionalities to streamline applicant tracking and assessment management. They employed 300 people to work for them and have generated a revenue of 34.1 million dollars.
What is talent management software?
Talent management software is a program that helps HR managers in handling employee management activities from the onboarding up to the retirement process. It has digital tools to streamline employee onboarding, employee training, and career management. Also, it offers functionalities for simplifying compensation management and supports you in collecting data analytics to gain better insights on how to develop employees to their fullest potential.
What are the steps to take in workforce planning?
Workforce planning is a lengthy process that involves several tracking steps. First, you need to undergo the goal setting activity. Following it should be analyzing talent supply and identifying current skill gaps. The third step you should take is to develop and implement your action plan. It does not end there. You should also monitor and revise your strategic plan depending on the results.
What are the various types of workforce planning?
There are various plans you should compose and implement in your workforce. One of them being the employee development plan. This process involves incorporating methods to improve employee performance and increase employee retention. Also, other plans you should make include a project staffing plan, cross-training plan, onboarding training plan, and safety planning.
Your workforce is an essential asset of your company. The speed and level of their growth can cause a considerable impact on multiple angles of your business. That said, assess and take strategic actions in training your workforce to prepare them for unexpected what-if scenarios and ensure the highest productivity and efficiency in whatever situations in your work environment. Use robust workforce planning software to assist you with this responsibility.
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