Cendant Rises to the Labor Management Challenge by Standardizing on Kronos.Business Editors/High-Tech Writers CHELMSFORD, Mass.--(BUSINESS WIRE)--Nov. 18, 2002 As part of its overarching e-HR strategy, Cendant Corporation, one of the foremost providers of travel, real estate, vehicle and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. in the world, has standardized on a labor management solution from Kronos(R) Incorporated (Nasdaq: KRON KRON Knowledge Representation Oriented Nets ). Cendant will deploy Kronos' Workforce Central(R) suite to achieve an enterprise-wide view of 50,000 employees within 29 business units spread across the U.S. "The sheer complexity, diversity and size of our company demands a labor management solution that is capable of expanding to meet our fast-paced growth. Up until now, we have been continually adding new business units and increasing our workforce through acquisitions," commented Steve Grem, director HRTS HRTS High Resolution Telescope and Spectrograph (orbiting solar observatory) HRTS Hollywood Radio and Television Society HRTS High-Resolution Telescope Spectrograph HRTS High Resolution Telescope Spectrometer operations, Cendant. "We evaluated our alternatives and determined that only one vendor could keep up with the ever-changing demographics of Cendant, and that vendor was Kronos. We are confident that Kronos will help inject our entire labor management process with intuitiveness and efficiencies." Cendant's lines of business include Real Estate Services such as Century 21 and Coldwell Banker; Hospitality Services such as Days Inn, Howard Johnson, Ramada ra·ma·da n. Southwestern U.S. 1. a. An open or semienclosed shelter roofed with brush or branches, designed especially to provide shade. b. An open porch or breezeway. 2. Inn and Super 8; Vehicle Services such as Avis; Financial Services such as Jackson Hewitt Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and Tax Services; and Travel Distribution Services such as Trip.com and Cheap Tickets. Cendant selected the Kronos solution in June and began its aggressive rollout in September. Once the implementation is complete, half of Cendant's employees will use the Web for labor data entry while the other half will record labor data through Kronos terminals and CMS-based pay which links a telephone system and Kronos. "Embracing diversity as a corporate way of life is a critical business initiative at Cendant," continued Grem. "We intend for Kronos to embrace our diversity by touching every business unit and every employee within Cendant. Because Kronos has data collection methods that easily meet employee work preferences we believe they will address the diverse nature of our workforce with ease." Workforce Central will give Cendant the ability to: manage the application centrally rather than site-by-site; eliminate paper timesheets in business units that had not yet automated; accommodate the supervisor hierarchy of approval; enhance timecard editing capabilities thereby ensuring increased labor data quality; and automate the process of managing and tracking earned employee leave time. Cendant's Workforce Central solution will be interfaced to payroll and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. applications from Lawson Software (Lawson Software, St. Paul, MN, www.lawson.com) A software company that specializes in ERP for vertical markets including health care, retail, public sector, professional and financial services. . "Workforce Central fits perfectly into Cendant's vision for a Web-driven, one-stop portal for human resource information," commented Aron Ain, Kronos chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We commend Cendant for its ability to move swiftly toward its e-HR vision with Kronos by its side. We are also pleased that Cendant has chosen to make the technology leap from a decentralized de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. to a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. labor management solution with Kronos." About Cendant Corporation Cendant Corporation is primarily a provider of travel and residential real estate services. With approximately 70,000 employees, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City-based Cendant provides these services to business and consumers in over 100 countries. About Kronos Incorporated Kronos Incorporated is a single-source provider of integrated human resources, payroll and labor management solutions. Kronos products and services help organizations align their people, processes and technology to improve individual productivity and boost overall business performance. Capitalizing on deep-rooted expertise honed over 25 years, Kronos empowers more than 40,000 organizations worldwide to better manage their workforce. Learn more at www.kronos.com. (C) 2002 Kronos Incorporated. Kronos, Workforce Central and the Kronos logo are registered trademarks of Kronos Incorporated. All other product and company names mentioned are used for identification purposes only and may be trademarks of their respective owners. |
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