Australian strategic HR workforce management consultancy, Smart WFM, has launched Apitome, a software suite designed to help businesses Align, Prepare, Implement, Track and Measure their workforce programs and processes. Smart WFM launched the software at the recent US HR Technology Conference opening in Las Vegas.
The software suite aims to tackle the increasing prevalence of poor strategic planning and other major issues businesses are facing in the age of digitization, while increasing workforce productivity, compliance, and visibility of cost.
“Apitome epitomizes business software that enables organizations to quickly see what impact workforce changes may have on their business, based on their own actual business data,” said Jarrod McGrath, Chief Executive Officer, and Founder, Smart WFM.
Apitome is an out-of-the-box suite of software modules that can help organizations align their people initiatives with the business strategy to deliver transparent and measurable benefits to both the business and staff.
“Only seven percent of organisations worldwide know how to manage their workforces effectively and only eight percent believe their business model will remain economically viable,” said McGrath. “This is extraordinary; businesses should be able to show stakeholders, from investors to frontline employees, how a workforce plan will benefit business and those very stakeholders.”
Apitome is vendor-agnostic, cloud-driven and enables organizations to develop continually by establishing a baseline for people initiatives using actual business data. The initial module delivers the business case complete with metrics, benefits, and measures.
For example, the suite enables visibility and better control over staffing costs and puts tools in place to enable all levels of staff to see the impact of these decisions on people’s experience and productivity.
“Productivity is an effective and widely-used measure of economic growth,” said McGrath. “Businesses are realizing that empowering people to make informed decisions enables a more entrepreneurial mindset within the business leading to improved people and brand retention.
“Businesses need to invest in their people technologies and empower their HR teams to deliver programs that meet the requirements of the digital age, enable transparency and provide measurable outcomes.”
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