Workforce management is crucial because it creates a framework your team can use to manage projects, budgets, and resources. With integrations and automation, your enterprise workforce management software can handle every aspect of your business, often with little work on your end.
With WFM tools' increased visibility and improved metrics, teams can increase efficiency and meet KPIs and other strategic goals.
Here’s what you can expect from a WFM tool:
Gain actionable insights: Managing remote team members' workloads is difficult without a glimpse into their work. With a WFM tool, managers gain insight into how much time team members spend on projects.
Reduce manual work: Manual workforce management won’t cut it. Enterprise-grade businesses are too large to function without automating things like time tracking and project management — that’s where your WFM tool comes in.
Improve compliance and security: Address complex regulatory requirements and reduce compliance risks with one comprehensive solution.
Meet project deadlines: Understand how your team spends each day and look for areas to improve. Coach teams, flag risks, and prevent overwork and burnout.
Improve the employee experience: Increasing employee retention and overall experience is critical for profits and productivity. Increased trust and transparency can help.
88% of organizations use time and attendance workforce management applications. Using a tool to manage your workforce planning is no longer a luxury — it’s a necessity.
Workforce management software use cases
Let’s take this discussion into the real world and examine WFM use cases for specific industries. We’ll address major issues plaguing each sector to see how enterprise workforce management software can help.
Software development teams need help staying aligned on projects
Software development teams can use WFM tools to align their QA, DevOps, and Product departments with project and time tracking features. They can also reduce the need for manual check-ins by providing visibility into project status.
With reporting and analytics based on time tracking data, managers can see how much time their team spends fixing bugs, reviewing PRs, or sitting through meetings.
Workforce management solutions help developers identify task dependencies and assess workloads across teams. With these tools in their tech stack, developers will always know what stage a project is in and who to contact with questions.
Real estate teams want to identify their most profitable teams, locations, and clients
WFM tools help real estate teams view activity, website and app usage, and other insights to see which teams, projects, or locations are the most productive and profitable.
Organize real-time insights by client, location, or team to pinpoint what is working and what isn’t. Then, use task management features and budget limits to keep projects on track.
Staffing and recruiting agencies need help with their unique payroll needs
WFM tools can function differently for staffing and recruiting teams. These teams fall in the same industry category, but their needs differ.
Staffing agencies: WFM can help you accurately record recruiter hours and create custom invoices for contingency searches or RPO clients.
Corporate recruiting teams: Recruiters can use WFM to focus on succession, retention, and requisition with time tracking, employee scheduling, and automated payroll.
Both staffing and recruiting teams can use timesheets to pay employees accurately. They connect time tracking data to payroll integrations and quickly pay freelancers and global teams in their preferred currency and payment platform.
Marketing agencies need to be able to track client budget limits
Whether you're a boutique firm or a global full-service network, WFM tools can automate budgeting to ensure you don’t have to dip into your contingency fund.
With workforce management solutions, agencies can set client budgets and get automatic alerts as you near them. You can also access detailed breakdowns for:
WFM tools also help you sort billable from non-billable hours and create automated client invoices. Linking that back to your workforce data makes it easy for an agency to understand the profitability of projects or clients.
E-commerce teams require advanced support
You can manage global e-commerce teams using WFM tools with real-time productivity insights, invoices, and secure payments.
Most importantly, e-commerce brands need 24/7 global support for shoppers and logistics partners. WFM tools can provide that while also ensuring accurate payroll — and adhering to PTO compliance standards around the globe.
Use WFM tools to get real-time insights from account creation to the customer’s doorstep, so you’re never left guessing.