Last week, Kronos announced the signing of a global agreement with SAP. The agreement allows SAP to resell Workforce Dimensions, the next generation workforce management solution by Kronos, across its worldwide customer base under the name “SAP Time Management by Kronos.
SAP Time Management by Kronos is a multi-tenant cloud solution which enables managers and employees to leverage modern technologies such as artificial intelligence, machine learning and embedded analytics to make predictive recommendations, reduce the time-consuming burden of routine tasks, and offer an empowering employee experience. This integrated solution will provide SAP customers with the best-in-class workforce management capabilities that extend and complement the SAP SuccessFactors HCM Suite.
According to the agreement, Kronos will support SAP Time Management deployments, leveraging its proven Kronos Paragon implementation methodology which accelerates implementations by as much as 30 percent. SAP customers will also benefit from the award-winning global support and professional services provided by Kronos. The two companies plan to further expand their long-time strategic collaboration to support joint research in analytics, data science, and artificial intelligence.
“SAP’s influence with large, multinational customers is unparalleled and will allow Kronos to build on its substantial market leadership, delivering our products and services to an even broader global audience,” said Chris Todd, President of Kronos. “In return, SAP customers will benefit from our continued investments in innovation to reimagine the future of work, while achieving a hard-dollar return that can be reinvested in human capital management strategy.”
“We see huge potential in bringing two industry leaders together to pool our vast resources and create new ideas. SAP Time Management by Kronos offers unique and innovative capabilities that will help SAP customers with complex workforce needs to reimagine scheduling, timekeeping, leave management, and regulatory compliance. The benefits are connected and localized human resources (HR) processes – and a smooth experience across the best workforce management, core HR, and payroll solutions in the market,” said Stephen Spears, Chief Revenue Officer at SAP SuccessFactors.