Resource Management

Overview

McKinsey reports that more than 50% of surveyed businesses are unable to effectively allocate resources because they can’t assess “value creation potential”. In other words, they aren’t sure where resources are best placed for business growth and increased efficiency.

The best way of assessing potential value creation within a business is by analyzing business process efficiency. Where there is redundancy, it’s a resource wastage. If there’s a bottleneck, it’s a resource shortage of:

• Time
• Money
• People

Connecting multiple apps allows you to optimize human resource management:

• Link attendance to finance to auto generate payroll.

• Reduce errors in overtime calculations and vacation/holiday accrual.

• Assign tasks and review project progress from dashboard view for better oversight.

• Schedule rotas considering both availability and skillsets by linking with employee records.

Continuous live performance analysis capabilities allow managers to view business processes by any metric that makes sense. Linking performance to teams, individuals, managers, times of productions and other metrics can help you zero in on areas of greatest value creation potential.