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Reading: Replicon launches an AI-powered Workforce Management solution
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Compliance Management

Replicon launches an AI-powered Workforce Management solution

PRNewswire
3 years ago
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Replicon
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Replicon today launched an AI-powered Workforce Management solution that helps organizations achieve 100% labor and wage compliance.

As organizations become more global and diverse, managing their workforce is fraught with challenges. Paying employees accurately and on time is a challenge. It’s difficult to continuously monitor the various global and labor laws that organizations are required to comply with.

With Replicon, organizations can support multiple use cases and harness employee time data for billing, payroll, and finance. Our unified workforce management solution has the ability to manage time and attendance, complex schedules, time off, gross pay, and labor compliance with a single solution. Replicon has designed these capabilities especially for organizations undergoing digital transformation to unify their time tracking, get real-time visibility into their time data, and gain a competitive advantage.

“Replicon invested big to develop the industry’s only workforce management solution with evolving built-in labor compliance for 375 jurisdictions across 85 countries. Our in-house legal team continuously monitors global regulations around working time directives, schedules, time off and pay. Organizations can leverage the solution to stay ahead of the global labor and wage compliance risks while they run their global business,” said Lakshmi Raj, Co-CEO at Replicon.

Replicon’s Workforce Management solution offers advanced job scheduling to identify the right employee, for the right shift, at the right time. SmartSchedule, an AI-powered employee recommendation engine, automatically identifies the best resource for every job to manage complex job requirements across roles, skills, and shifts. The unified solution brings harmony across teams with conflict-free schedules for jobs and demands, while enabling managers to view and modify schedules in real time to fill gaps dynamically.

The solution replaces the traditional time tracking approaches with AI-powered timesheets that automates employee time capture in a compliant way for payroll purposes. It helps organizations pay their employees and bill their clients both accurately and on time and prevent any time or wage theft.

A Compliance-first Workforce Management Solution for Time & Attendance, Time off, Schedule, Labor Compliance and Gross Pay

Key highlights of the powerful Workforce Management solution:

  • Automates time capture and pre-populates employee timesheets by leveraging ZeroTime™, a revolutionary AI/ML technology.
  • Enables automatic collection of accurate time and work data from more than 100 digital work apps.
  • Collects error-free, compliant data at the time entry level.
  • Enforces schedule adherence that complies with global and local time off policies and working time directives.
  • Identifies the best resource for every job with SmartSchedule, helping organizations easily manage complex job requirements across roles, skills, and shifts.
  • Enables managers and employees to manage their or their teams’ time off status in real time.
  • Helps comply with working time directives, schedules, time off, and pay regulations in 375 jurisdictions across 85 countries.
  • Enables crew workers to turn any device into a cloud-connected kiosk for accurate time capture with the help of CloudClock.
  • Provides real-time updates on deployed and upcoming compliance rule changes through a comprehensive compliance dashboard.
  • Integrates easily with multiple payroll vendors like ADP, Ceridian, Paycer, SAP, and paylocity.

Raj Narayanswamy, Co-CEO at Replicon, said, “Our solution helps the professional services industry unlock ground-breaking efficiencies in managing a global workforce while being fully labor and wage compliant. Before switching to Replicon, we often heard our customers talk about the challenges faced in handling multiple time tracking and payroll systems that could expose them to compliance risks. Leveraging the Replicon Workforce Management solution can free up organizations‘ time and facilitate focus on more strategic activities with their customers — a win-win for all.”

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TAGGED:compliance management solutionscompliance management systemcompliance riskgovernance riskgrc auditgrc frameworkHRTechhrtech newsregulatory risk managementrisk and complianceservicenow grc trainingsmart compliance management
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