PRESS RELEASE
Clarksville Montgomery County School achieves 78% ROI With Kronos Workforce Timekeeper
Nov 2, 2009
BOSTON – November 03, 2009 – Nucleus Research analysts examined the deployment of Workforce Timekeeper from Kronos Incorporated at Clarksville Montgomery County School which generated a 78% return on investment (ROI) with a 1.28 year payback.
The Clarksville Montgomery School system located in Clarksville, TN, operates 36 schools ranging from the elementary level up through middle college. The system has had an annual increase of 500 students per year over the last three years recently opening two new schools; West Creek High School and Rossview Elementary School in the fall of 2009.
With the steady growth of the county’s student population, the school system had encountered increasing difficulty in administering payroll. Paper timesheets were filled out manually and required multiple steps in the approval process before being individually keyed into the school’s payroll system at the Clarksville headquarters. In 2005 the school administrators determined that automation was required in response to the growing number of staff throughout the system. Clarksville Montgomery School system evaluated multiple time and attendance systems and chose Kronos Workforce Timekeeper to administer payroll without increasing accounting staff.
Kronos Workforce Timekeeper provided a solution that was chosen by the State of Tennessee as a preferred time-and-attendance contractor as well as being the most cost effective solution for the functionality that it provided. In its deployment, the new system improved employee productivity and payroll administrator productivity, while also reducing paper costs using the automated system.
“The Kronos deployment at the Clarksville Montgomery County School was successful because of both breadth and repeatability. It touches every employee, their leave-related workflows, and their time-and-attendance related workflows. These, combined with productivity improvements in payroll, led to the strong payback and ROI” said David O’Connell, senior analyst, Nucleus Research.
Nucleus Research is a global provider of IT research and advisory services that provides CFOs, CIOs and their staffs with the real-world information they need to maximize business returns from their technology investments, including successfully executing their IT deployments and determining the business value of their initiatives. For more information, visit NucleusResearch.com.
Improves employee productivity and reduces payroll processing times
All Nucleus Research ROI case studies are independent assessments, evaluating the costs and benefits from the IT deployment. The case study is available at www.NucleusResearch.comAbout Nucleus Research