Research Report: Kronos Workforce Timekeeper

July 27, 2006 - Research G45

Automating time and attendance functions enables companies to reduce costly payroll errors, increase payroll staff productivity, and reduce nonstaff payroll costs. Nucleus found 75 percent of companies adopting Kronos Workforce Timekeeper achieved an ROI above 250 percent, while the median ROI for all users was 469 percent. Organizations received payback in an average of 5 months. Most users paid for the solution with only the savings from payroll error elimination.