Businesses Make Better Decisions with HCM Technology

CHARLOTTE, N.C., March 26, 2015 /PRNewswire/ -- Human capital management technology, covering payroll, benefits, time and attendance and core HR, is making it easier for executives to obtain and review the workforce data essential to making decisions that will drive the business forward. HCM technology is well known for its ability to create efficiencies and cost savings, but an often overlooked benefit includes the access to real time analytics that guide decision making.

Infinisource's iSolved, an HCM technology for the small to midsized market, includes an executive dashboard that provides visibility into critical workforce intelligence, allowing executives to stay on top of trends and make informed decisions.  The dashboard eliminates the need to export multiple spreadsheets or build exacting reports, increasing efficiency and enabling effective decisions in a timely manner.   

"The iSolved executive dashboard was created to provide business leaders with the data they need in snapshot form, while allowing drill down capabilities when necessary," said Trish Stromberg, Vice President of Marketing.  "The iSolved executive dashboard is a unique tool to help today's organizations more quickly assess their workforce data trends in an on demand manner." 

One of the iSolved executive dashboard features is financial analysis, a review of the company's gross payroll by month over any length of time.  This makes it easy to check for positive or negative trends and can help with forecasting future expenses.  By having company data in one easy to view location, monitoring the dollars spent on labor and how it changes over time, analyzing overtime, PTO and other pay type trends allows rapid corrections when needed, providing real time action items instead of a best guess.   

Executives can also review a demographic analysis of the gender, age and ethnic makeup of the organization, data needed for various reporting requirements.   

The dashboard also provides a visual view of full-and part-time employee counts to ensure alliance with budget and managing Affordable Care Act (ACA) compliance.  Organizations from seasonal companies to large organizations need to track employee types, hours and how their labor dollars are being spent.

The executive dashboard streamlines analysis of indispensable management information such as overtime, PTO, departmental growth and company growth.  Human resources can view turnover trends and review retention of top talent across the organization or where changes may need to be made.

About iSolved
iSolved is Infinisource's comprehensive human capital management solution for payroll, time, benefits and HR that manages an employer's most important asset – their people.  The cloud-based platform is delivered through elite, regional payroll providers who provide best in class service to their clients. This unique approach gives small to midsize employers access to a cutting edge HCM solution, while retaining the local service relationship they prefer.

Logo - http://photos.prnewswire.com/prnh/20140825/139367

SOURCE iSolved Network