Labor management software (LMS) is software used to track productivity. Diving a little deeper, it tracks the activity of single or groups of employees and compares their productivity levels.
LMS is usually integrated with data from multiple sources, including warehouse management systems, time clocks and HR reporting. It captures this information and utilizes it to review labor standards, track employee performance and increase engagement and productivity overall.
Does that sound useful? It is. But what should you look for in a piece of LMS? You want not only good software, but great software: the one that’s perfect for your business.
Here are a few things to keep in mind as you are performing your own labor management software comparison:
1. Cost
This point is obvious. You don’t want to spend too much on software that you aren’t going to use or that won’t do all the things you need it to do. The cost of LMS varies depending on the brand, the size of your company and the features it provides.
While it’s true that, ultimately, well-utilized LMS will save your company money by improving employee productivity, you’ll need to consider up-front costs.
2. Implementation Time Frame
Another factor to consider is how quickly you can start seeing results from your shiny new software.
There are several processes that must be completed before you start having the full experience of your LMS. First, if possible, a backlog of data will be uploaded into the system in order to analyze previous productivity. The uploading process takes time, and even more time goes into the analysis process.
You probably want to start seeing results quickly, but it’s also important to make sure your information is accurate. That’s why it’s important to keep in mind our next point.
3. Data Taken Into Account
A third piece of the puzzle is the specific data being analyzed by any given piece of software. Different options will provide statistics based on different criteria.
If it’s more important to you to understand the ratio of labor to customer satisfaction, you might consider a software that integrates data regarding those numbers. If your ultimate goal is to save yourself from unduly high labor costs, you must be sure to find a piece of software that engages with other systems like your business’s time clocks and warehouse systems.
Labor management software is an excellent tool for understanding the mechanisms that influence your company’s productivity. That knowledge is key to creating a thriving professional environment.
This type of software allows you to reward great employees and recognize those who might benefit from extra help. Furthermore, it creates a fuller and more comprehensive view of the workings of your workers, and that’s what makes your business work!
Find the Labor Management Software Program That Meets Your Needs
These tips are only a few of the many things to consider when shopping for labor management software, but hopefully, with research and due diligence, you’ll be able to make an informed decision and choose the software that’s perfect for your business.