Infohrm launches workforce planning tool

Workforce planning, reporting, and analysis solutions provider Infohrm has released its “What If?” financial modelling application for workforce planning...

Infohrm says the new solution will enable finance departments to quantify the implications of various talent management scenarios and compare the true business impact of employee hiring, development, and retention decisions.

Up until now, this process has typically been handled with a separate manual spreadsheet process, leading to slow and potentially error-prone planning, the company says.

Workforce costs are both analysed and optimised in the new Infohrm modelling solution by combining base workforce cost drivers with Infohrm’s new proprietary cost of turnover, staffing and mobility models.

In addition, Infohrm’s workforce planning application now offers integrated external labour force supply and salary data, such as that provided by the Australian Bureau of Statistics, the ability to view forecasts by business unit or job family, and competency-based workforce plans. The entire process is presented in a dashboard and is fully automated, enabling rapid deployment and ease-of-use.

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