Productivity
Prevision Provides Real-Time Solutions.
With labor and benefit costs accounting for as much as 70 percent of direct operating expenses, labor productivity is key to an organization's profitability and success. Whether it's tracking overtime and shift differential on a day-to-day basis, or deciding whether to convert a valued contract employee to regular employee, these issues have a way of quickly snowballing into a big problem. With Prevision Software by HCG, managers are empowered with the necessary labor analysis tools to assess the impact on labor budgets and productivity.
With Prevision Software, the performance analysis module helps managers shed light on the highly complex, yet highly controllable part of your organization — enabling managers to take action and help:
- Control labor costs by aligning business performance to predefined, best-practice workforce categories, like job code allocation, overtime, shift differential, and work load allocation down to the employee level
- Make sound, informed decisions at the department, manager, director, business unit, or whole company level by providing much-needed visibility into your data to find pockets of potential trouble
- Analyze productivity and its effects at the dollar, hour and FTE level, utilizing as much as 10 years of actual data down to the employee-jobcode-paycode level with Prevision's seamless interface. HCG Prevision not only enables access to millions of actual and forecasted labor and payroll records that can span decades it also allows managers to compare and analyze payroll data to key revenue and other operating factors throughout an organization. With HCG you are not limited to comparing labor data with other labor data — you can cross match labor data with any other data source with your Prevision system including financial, sales, inventory, and production volume. No other system on the market allows you this type of complex management tool to drive your organization to excellence.
- Industry specific solutions include HR Performance Management, Employee Cost Monitoring, and HR Planning and Reporting
And because HCG interfaces with every third-party payroll and workforce software on the market today, your organization can have the software installed and staff fully trained on the application in a matter of weeks, at a price that cannot be beat.