Traditionally, workforce management was handled with the help of spreadsheets and time recording, which are time-consuming, can lead to non-productive idle times and poor customer services, and incur high operational costs. WFM software helps businesses to manage workforce scheduling, increase operational performance, and identify and solve workforce-related issues. WFM solutions can be deployed across organizations and are beneficial to all types of businesses as they ensure that the right people with the desired skills are recruited for a job.
Workforce management encompasses the following activities:
- Time, attendance, and leave management
- HR administration
- Performance management
- Budgeting of workforce
- Talent management
- Activity management
- Training and development
The analysts forecast global WFM software market in the retail industry to grow at a CAGR of 5.61% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global WFM software market in the retail industry for the period 2015-2019. To calculate the market size, the report considers the revenue generated through the following.
- Issues of software licenses and subscriptions
- Software implementation cost
- Technical support
- Maintenance cost and professional services
The report, Global Workforce Management Software Market in Retail Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Reflexis Systems
Other Prominent Vendors
- ATOSS Software
- Ceridian HCM Holding
- Infor Global Solutions
- Primion Technology
- Vortex Connect
- Increased Adoption by SMEs
- High Cost of Implementation
- Emergence of Cloud-based Approach
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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