Business value scorecard

VENDOR SCORECARD
Value Drivers Vendor #1 Vendor #2 Vendor #3
TIME & ATTENDANCE
Payroll savings with improved accuracy and automation $ $ $
Labor cost savings with reduced time inflation $ $ $
Reduce unearned PTO expense with automation $ $ $
Overtime cost savings with improved overtime visibility $ $ $
Manager turnover reductions with Workforce Assistant $ $ $
Reduced legacy system costs $ $ $
Timekeeping, data processing efficiencies with automation $ $ $
Retroactive adjustments and pay correction efficiencies $ $ $
Employee self-service and automation of time-off requests $ $ $
SCHEDULING & LABOR FORECASTING
Labor cost savings with reduced over-scheduling $ $ $
Scheduling automation efficiencies $ $ $
TASK MANAGEMENT
Task management efficiencies with improved collaboration $ $ $
ABSENCE MANAGEMENT
Payroll savings with automated leave management $ $ $
Absence management efficiencies with automation $ $ $
EMPLOYEE EXPERIENCE
Deskless turnover reductions with improved engagement $ $ $
Turnover cost reduction with integrated pulse surveys $ $ $
Survey, training and document cost reductions $ $ $
Deskless labor collaboration efficiencies $ $ $
Document search efficiencies with mobile access $ $ $
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ce BUSINESS VALUE SCORECARD The business value scorecard helps the decision-makers involved in choosing a new workforce management solution effectively compare the offerings from different vendors. By focusing on key performance indicators (KPIs) and aligning them with business objectives, you can assess the potential impact on efficiency, productivity and cost savings, aiding your selection of the best solution for your organization’s unique needs and requirements. The vendors you’re evaluating should be able to analyze your workforce operations and calculate the dollar amounts their workforce management solution will generate for the value drivers listed below, providing a detailed analysis of how those dollar amounts were calculated.
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