Kronos, founded in 1977, evolved from producing time clocks to offering a comprehensive cloud-based workforce management solution. The Kronos Workforce Central software targets middle-market sectors such as retail, healthcare, and manufacturing, facilitating efficient workforce management from pre-hire to retirement. The platform integrates payroll processing, reporting features, and compliance management to streamline workforce-related tasks and improve productivity.

1. KRONOS
Workforce Ready cloud-based HRMS solution

2. ORIGIN 1977 – 1986
• 1977 – Kronos Incorporated founded by MIT alum Mark Ain
• 1979 – Delivered industry’s first microprocessor-based time clock
time clock automatically recorded, totaled, and reported employee hours
• 1983 – Relocated corporate headquarters to Waltham, Mass.
• 1985 – Introduced PC-based product, Timekeeper Central
• 1986 – Established presence in Canada
•

3. GROWTH
1987 – 1996
• In the late 80's, the company focused on transitioning to a direct sales channel. With
strong success in North America, they began to expand internationally.
• 1990 – Established presence in United Kingdom
• 1992 – Filed IPO and began trading on Nasdaq
• 1995 – Established presence in Mexico
Annual revenues exceeded $100 million
• 1996 – Introduced client-server product
Established presence in Australia

4. MARKET LEADERSHIP
1997 – 2006
• To meet the unique needs of our customers, developing even deeper industry-specific
expertise and product functionality.
• 1998 – Introduced web-based product
• 2001 – Delivered Workforce Central product suite
• 2002 – Introduced Kronos 4500 time clock
• 2003 – Completed 40th acquisition
• 2006 – Established presence in China

5. TECHNICAL ARCHITECTURE
Three-tier application architecture
• Client Tier
• Application Tier
• Database Tier

6. TECHNICAL ARCHITECTURE
• Client Tier: Customers have access to multiple types
of interfaces to interact with Kronos applications.
• Application Tier: Implements major parts of application,
application logic, performing the real work of the application.
• Database Tier: Stores and retrieves all application data.

7. WORKFORCE SOFTWARE
Combine the power of workforce
management and human capital management.
In one unified cloud platform to help you manage
your entire workforce from pre-hire to retire — whether
they’re salaried, hourly, full time, or part time.
https://www.kronos.com/resources/kronos-workforce-
ready-full-suite-demo

8. WORKFORCE TIMEKEEPER SCHEDULE EDITOR

9. TIME AND ATTENDANCE SOFTWARE

10. TARGET MARKET
Customer target market for Kronos' Workforce Central software includes markets of
• retail
• health care,
• government,
• hospitality, and manufacturing.
• No specific employee number was specified by the vendor.
• Best fit for the Workforce Central suite is the middle market (broadly defined as
500-2500 employees).
• Smaller organizations will likely find Kronos' other applications such as Essentials and
iSeries more well-suited to their business needs and IT budgets.

11. PRICING PLAN

12. AVAILABLE ON DEVICES
• Deployment
Cloud hosted
• Vendor
Kronos

13. LANGUAGES USED
• The full administrative interface consists of Visual Basic controls (OCX, DLL),
as well as HTML, JavaScript, and VBScript on the client.
• The payroll engine (which runs on a back-end server) is a combination of a C++
(Version 6.0, SP5) application and calculation objects written in Visual Basic
(Version 6.0, SP5)

14. COMPANIES CURRENTLY USING KRONOS
• Paytime
• Oral Roberts university
• Cambria
• Global experience specialists Inc.
• Royal Technologies
• Indians Packers Corporation
• Haynes Furniture company

15. COMPANIES TRUST KRONOS

16. FUNCTION OF KRONOS
• Automation
Streamline time-consuming tasks, lowering administrative burdens and boosting productivity
• Consistency
• Rules, policies, and regulations are applied consistently across the board
• Insight
• High-quality labor data provides penetrating insight into productivity
• Integration
• Integrate the solution with your existing systems so your operation won’t miss a beat

17. PAYROLL PROCEDURE

18. FUNCTIONS
• suite of workforce management solutions
• assists in managing accounting processes
• payroll processing (edit and access)
• reporting features
• tax management and filing capabilities
• managing and planning employee wages.

19. Kronos VS Oracle HCM cloud

20. REFERENCES
• http://comparecamp.com/kronos-erp-review-pricing-pros-cons-features/
• https://www.kronos.com/about-us/kronos-history
• https://community.kronos.com/servlet/servlet.FileDownload?file=015610000014OhZAAU
• http://www.hrlab.com/kronos-competitors.php
• https://discovery.hgdata.com/product/kronos-workforce-ready
• https://www.kronos.com/products/workforce-central-suite/workforce-hr
• https://community.kronos.com/servlet/servlet.FileDownload?file=015610000014OhZAAU
• https://www.featuredcustomers.com/vendor/kronos/customers
• https://www.kronos.com/resources/kronos-workforce-ready-full-suite-demo
• https://www.kronos.com/products/workforce-ready-suite
• https://www.gartner.com/reviews/market/hcm-suite-applications/compare/kronos-vs-oracle