In a world where efficient time management can significantly impact a company’s bottom line, Paycom’s Time-Off Requests tool, featuring GONE®, promises to be a game changer. A Forrester Consulting study commissioned by Paycom revealed that this automation technology could dramatically enhance organizational efficiency and deliver an impressive three-year ROI of up to 821%. The study examined a composite organization with 400 employees and 30 managers and found that the tool’s implementation saved nearly a week of unproductive hours per manager annually, along with significant time savings for HR, finance, and administrative staff. The tool also helped reduce up to 240 hours in avoidable overtime, showcasing its potential for substantial economic benefits.
Before adopting Paycom’s automated solution, many organizations faced numerous challenges with their manual time-off processes. Errors were rampant, the employee experience was subpar, and administrative tasks were unnecessarily burdensome. Employees often had to wait several days for time-off approvals, during which managers laboriously verified accruals, staffing levels, and blackout dates. This often led to understaffing during essential periods, creating critical disruptions in operational efficiency. As a result, both employee satisfaction and productivity were negatively affected.
Streamlining Approvals and Reducing Errors
Paycom’s GONE® tool addressed these issues head-on by automating the time-off request process using predefined criteria. By ensuring swift, fair, and consistent time-off decisions, the tool removed the burdens traditionally placed on managers and administrative staff. This automation not only streamlined the entire process but also enhanced overall operational efficiency, allowing employees to enjoy a smoother and more predictable experience. With real-time availability of accrual balances and staffing levels, the tool helped avoid inadvertent scheduling conflicts and ensured adequate staffing during crucial times.
Automation also meant that organizations could quickly adapt to emerging business needs while staying compliant with company policies. Managers and HR professionals benefited from reduced administrative workloads, freeing them up to focus on more strategic tasks. As a result, the quality of decision-making improved, and employees no longer had to deal with the frustrations and uncertainties of manual time-off processes. By making the system more transparent and efficient, Paycom’s GONE® tool has indeed revolutionized the way organizations handle time-off management.
Enhancing Employee Experience and ROI
In a world where efficient time management can significantly impact a company’s bottom line, Paycom’s Time-Off Requests tool, featuring GONE®, promises to be a game changer. A Forrester Consulting study commissioned by Paycom showed that this automation technology could enhance organizational efficiency and deliver an impressive three-year ROI of up to 821%. The study focused on a composite organization with 400 employees and 30 managers and found the tool’s implementation saved nearly a week of unproductive hours per manager annually. Additionally, it resulted in significant time savings for HR, finance, and administrative staff while reducing up to 240 hours in avoidable overtime, indicating substantial economic benefits.
Previously, many organizations struggled with manual time-off processes, leading to frequent errors, a subpar employee experience, and burdensome administrative tasks. Employees often had to wait several days for time-off approvals while managers laboriously verified accruals, staffing levels, and blackout dates. This inefficiency often resulted in understaffing during critical periods, disrupting operational efficiency and negatively affecting both employee satisfaction and productivity.