Regardless of size, industry, mission statement or strategy, organizations today face the need to:
- Control costs
- Manage fixed and financial assets
- Respond to their market and the expectations of their customers, employees and owners
If these challenges are not effectively addressed, profitability—as well as the organization’s ultimate survival—is at risk. With the right solutions and a strategic focus, your Personnel function can contribute more to the organization than its traditional information processing and record-keeping responsibilities.
By moving the Personnel function to a Workforce Management and Services function, you equip it to positively participate in achieving the overall objectives of your business:
- Reduce labor costs
- Control benefit costs
- Improve employee retention
What This Means to You
No single solution will address all the major workforce management needs of a business. CedarCrestone’s assessment of the ADP workforce management approach suggests that there are a variety of synergistic solutions that, when combined, offer significant hard-dollar savings opportunities as well as strategic benefits for your organization
CedarCrestone has developed a methodology and tool set to reasonably estimate the potential hard-dollar savings that can be realized through use of advanced workforce management solutions. This value analysis tool takes into account the specifics of your organization such as:
- Number of employees
- Average salaries for various administrative and clerical staff
- Volume or frequency of transactions related to your specific workforce services activities (processing expense reports, tracking time worked, benefits enrollment and maintenance, manual time card activities, etc.)
It then calculates the savings that would be generated by automated and/or outsourced workforce solution.
About CedarCrestone:
Cedar Crestone provides consulting, hosting and managed service for the deployment, management and optimization of Human Capital Management (HCM), Financial Management (FMS), Campus Solutions (CS) and Strategy & Analytics.
Click here to request your complimentary ROI analysis using the CedarCrestone developed Value Analysis techniques to demonstrate the value of ADP solutions to your business.
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