Using the Key Performance Indicators (KPIs) specific to your business, Dayforce Workforce Budgeting offers a highly extensible planning tool used to calculate your organization’s labor budget in hours and cost. Dayforce’s allows users to view and adjust data in specific locations in an organization .Edits made anywhere within the organization's hierarchy are automatically distributed throughout, both vertically and horizontally and across all key metrics. Uniquely, Dayforce's products can be configured to accomodate your specific model without the need for customization.
Key advantages of Dayforce Workforce Budgeting include the ability to:
Reduce Labor Costs
- Control wages according to your organization’s labor model
- Improve forecasting accuracy and budget deployment
Enhance Labor Productivity
- Reduce planning cycles
- Increase communication and management visibility
Improve Accountability
- Track performance in real-time
- Compare operational plans with actual performance
- Integrate corporate goals intoall level of the organization
Align Operations
- Consistently integrate operational targets into all workforce performance processes