CyberShift Releases New White Paper On Improving Productivity, Mitigating Risk By Automating Absence Management
CyberShift, a global provider of workforce management and expense management software and services, recently announced the availability of its newest white paper titled "Time is Money: How Organizations Can Effectively Monitor and Manage Absences to Improve Productivity and Mitigate Risk." The paper shares insight on how automating absence management can help organizations better manage employee absences, thereby improving efficiencies, reducing operating costs and mitigating risks.
All organizations must deal with worker absences, whether planned or unplanned. In today's economy, with fewer resources available, absences have an even more profound impact on productivity. By utilizing an automated workforce management solution with absence management capabilities, organizations can analyze data and identify frequencies or patterns of absences, determine why absences are happening, and proactively optimize scheduling.
"Employee absences cost organizations money in direct payroll expenses as well as lower productivity and diminished morale. By automating the tracking of absence occurrences, employers are better equipped to proactively ensure the right people are at the right job at the right time. In certain vertical markets such as retail and healthcare, proper scheduling and absence management means customer expectations and patient needs can be met," commented Morné Swart, vice president of Product Management at CyberShift.
Automating absence management can also ensure better compliance with a multitude of federal, state and local regulations, union rules and company guidelines.
"The time and money cost savings associated with properly administering FMLA and other rules and regulations is a benefit to most organizations. A workforce management system, like CyberShift's Workforce Management 3G suite, can track multiple types of leave, centralize absence-related data and help employers to manage policies and effectively comply with laws and regulations," Swart said.
CyberShift's Web-based Workforce Management 3G rules-based platform delivers fully integrated solutions for all aspects of workforce management. Its time and attendance feature reduces costs and lost productivity by managing time, absences, leave balances and automation of all pay and work rules. CyberShift's absence management capabilities include complete management, tracking, schedule adjustment and disciplinary actions associated with absenteeism.
CyberShift's new white paper also examines how, if not managed correctly, employee absences can create benefits calculation errors that, more often than not, do not favor the employer. For example, many employee benefits programs are based on the number of hours worked, not including sick time hours. An employee on unpaid leave may not continue to accrue sick pay or vacation time. By automating the tracking of absences, employers can reduce errors in benefits calculations, ensuring that the employee receives the correct benefits and that the employer funds what is necessary.
About CyberShift
CyberShift, Inc. is a leading provider of workforce management and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. Through its integrated Workforce Management 3G suite, which includes time and attendance, advanced scheduling, absence management and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. CyberShift's Necho Expense automates the processing and facilitates the management of employee business expenses and helps companie s improve compliance; enforce expense policies and procedures and increase visibility into operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. For more information, visit: www.CyberShift.com.
SOURCE: CyberShift