Workforce Management (WFM) software is gaining popularity among organizations that want to develop a strong and efficient employee base. This has encouraged vendors to integrate technically advanced features into their software.
Many pure-play vendors are acquiring small WFM providers to enhance their capabilities and deliver comprehensive and advanced WFM solutions. In addition, the emergence of cloud-based companies is expected to further increase the rate of acquisitions.
Technavio analysts have identified the top 13 vendors in the WFM software in healthcare market that are helping to fuel market growth at a CAGR of 13.18 percent from 2014-2019:
ADP
From basic payroll and helping with Affordable Care Act (ACA) compliance, to managing employees across borders, ADP Workforce Now® is a unified human capital management (HCM) solution designed expressly to help midsized companies improve business performance and gain a competitive edge by increasing operational efficiencies and simplifying compliance.
Atoss
For more than 25 years ATOSS has been revolutionizing Workforce Management with innovative consultancy and advanced, leading edge software solutions. Now and in the future, our capacity for innovation in the field of Workforce Management will act as the driver of customer benefits, productivity gains and growth. Get to know more about ATOSS a trendsetter for Workforce Management solutions and the people behind it.
Cornerstone OnDemand
Cornerstone OnDemand is the only proven provider of on-demand enterprise software solutions for talent management. The Cornerstone OnDemand talent management suite provides fully-integrated solutions for learning management, employee performance management, and succession planning along with over 30,000 online training titles and integrated tools for compliance and analytics. Cornerstone OnDemand’s software is used by industry leaders such as Aon, Honda, Pearson, Pitney Bowes, Smith Barney and Washington Mutual to achieve organizational excellence.
GE Healthcare
Amid industry upheaval, healthcare organizations are under greater pressure than ever to be productive. Only by getting the most out of every tool can you deliver the care patients need with the efficiency the market demands. GE Healthcare’s IT Services are designed to connect productivity with care by increasing usability, enhancing performance, and optimizing a solution’s return on investment.
IBM
Improve population health, quality and outcomes. Using technology solutions that help you integrate evidence-based insights into care processes, support new care models, and coordinate communication across care teams, you can create greater standardization, rapidly adopt best practices, and enable new systems of insights. We call this approach to transforming your systems of care IBM Smarter Care.
Infor
Infor was the second leading vendor in the market. It provides solutions in customer relationship, enterprise asset, financial, human capital, product life cycle, performance, and supply chain management along with enterprise resource planning. Its WFM solutions are aligned with labor management and business strategies. In addition, it includes integrated modules to address budgeting, scheduling, time and attendance, and performance management applications.
Kronos
Kronos was the leading player in the market in 2014. It offers several WFM solutions including timekeeping, attendance, accruals, and leaves. These functions help organizations provide real-time visibility to all aspects of the labor tracking and reporting process. The company delivers WFM software and services that help organizations reduce costs, increase productivity, improve employee satisfaction, and enhance customer service.
McKesson
McKesson was the third leading vendor in the market. Its WFM solutions include a clinically-driven healthcare staffing management system and integrate the company’s Best-of-Breed products. This suite helps empower hospital management by maximizing productivity. It also offers time and attendance applications to improve accuracy, productivity, and compliance to laws and regulations. Timely data integration provides a connection between scheduling and payroll, which shows differences between predicted and current data.
Oracle
Oracle’s healthcare solutions are designed to help you elevate your level of care and your profitability. You can accelerate the adoption of more-efficient health delivery systems and increase your ROI using Oracle’s secure, performance-driven platforms for the rollout of EHR and other informatics applications. The Oracle Health Management Platform Solution, Oracle Health Resources Management Solution, connected health solution, and health insurance applications and payer solutions help meet the challenges facing provider and payer organizations.
SAP
SAP was the fourth leading vendor in the market. The company offers WFM solutions such as in-store workforce and task management, which covers employee planning and scheduling. Its solutions enable healthcare professionals to effectively align business strategies with customer expectations and employee careers.
Ultimate Software
Ultimate’s business is HCM. It’s all we do, and we allocate 100 percent of our resources to our human capital management solution. Since we interact all day long with HR and payroll professionals, we receive constant inquires and feedback about what matters most to them. This page brings together information about healthcare reform that HR professionals have been asking about.
Workday
Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers financial management, human capital management, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies. Hundreds of organizations, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
Workforce Software
WorkForce Software is the leader in workforce management software for organizations with complex policies and compliance concerns. Through its EmpCenter® workforce management suite, WorkForce Software enables organizations to fully automate time and attendance processes, effectively manage employee absence and leave, optimize staff scheduling, gain real-time visibility into labor costs and productivity, and mitigate the risks associated with employee fatigue. Hundreds of leading organizations rely on WorkForce Software solutions to streamline compliance, reduce labor costs, provide more intuitive tools to their employees, and achieve strategic HR on a global basis.
