{"product_id":"ukg-new-world-workforce-management","title":"UKG - New World Workforce Management","description":"\u003cp\u003eUKG - New World Workforce Management\u003c\/p\u003e\n\n\u003cp\u003eWho is This Vendor Assessment For?\u003c\/p\u003e\n\n\u003cp\u003eNelsonHall’s New World Workforce Management profile on UKG is a comprehensive assessment of UKG\u003c\/p\u003e\n\n\u003cp\u003eofferings and capabilities, designed for:\u003c\/p\u003e\n\n\u003cp\u003e• Sourcing managers monitoring the capabilities of existing suppliers of Workforce Management and\u003c\/p\u003e\n\n\u003cp\u003eidentifying vendor suitability for Workforce Management RFPs\u003c\/p\u003e\n\n\u003cp\u003e• Vendor marketing, sales, and business managers looking to managers developing strategies to target\u003c\/p\u003e\n\n\u003cp\u003eservice opportunities and benchmark themselves against their peers\u003c\/p\u003e\n\n\u003cp\u003e• Financial analysts and investors specializing in the Workforce Management sector.\u003c\/p\u003e\n\n\u003cp\u003eKey Findings \u0026amp; Highlights\u003c\/p\u003e\n\n\u003cp\u003eNelsonHall’s vendor assessment analyzes UKG’s offerings and capabilities in Workforce Management\u003c\/p\u003e\n\n\u003cp\u003eservices. UKG (Ultimate Kronos Group) is a privately owned, dual-headquartered company in Weston,\u003c\/p\u003e\n\n\u003cp\u003eFlorida, and Lowell, Massachusetts. It provides full suite solutions, as well as stand-alone products focused\u003c\/p\u003e\n\n\u003cp\u003eon workforce management (WFM) and human capital management (HCM) technology and services.\u003c\/p\u003e\n\n\u003cp\u003eUKG was formed in April 2020 through the merger of Ultimate Software and Kronos (both majority-owned\u003c\/p\u003e\n\n\u003cp\u003eby private equity firm Hellman \u0026amp; Friedman), creating one of the largest global cloud technology providers\u003c\/p\u003e\n\n\u003cp\u003ewith a combined ~70 years of experience and with an enterprise value of $22bn. Both companies were of\u003c\/p\u003e\n\n\u003cp\u003ea similar size, and the combined organization has ~14k employees across global regions, with the majority\u003c\/p\u003e\n\n\u003cp\u003ebased in North America. The legacy Kronos company was formed in 1977 by MIT engineers who developed\u003c\/p\u003e\n\n\u003cp\u003ethe first patented microprocessor-based time clock. Throughout its history, it has been positioned as a\u003c\/p\u003e\n\n\u003cp\u003especialist in workforce management.\u003c\/p\u003e\n\n\u003cp\u003eUKG supports technology and managed services, which collectively support over 70k client organizations\u003c\/p\u003e\n\n\u003cp\u003eacross 165 countries, including:\u003c\/p\u003e\n\n\u003cp\u003e• WFM technology:\u003c\/p\u003e\n\n\u003cp\u003e? UKG Dimensions (launched in March 2018), In 2021, services 10m users with ~2k global clients\u003c\/p\u003e\n\n\u003cp\u003e? UKG Ready (launched in 2012), with ~6k clients and serving 40m users\u003c\/p\u003e\n\n\u003cp\u003e• HCM Technology:\u003c\/p\u003e\n\n\u003cp\u003e? UKG Pro (~5k clients): HCM platform tailored for midsized to large firms with \u0026gt;200 employees\u003c\/p\u003e\n\n\u003cp\u003e? UKG Ready (~40k clients): HCM platform tailored for SMB firms with \u0026lt;200 employees with an\u003c\/p\u003e\n\n\u003cp\u003eability to scale up to midsize firms\u003c\/p\u003e\n\n\u003cp\u003e? UKG HR Service Delivery (~5k clients): Employee file and case management, including a\u003c\/p\u003e\n\n\u003cp\u003eknowledgebase, targeted to mid to large-sized organizations\u003c\/p\u003e\n\n\u003cp\u003e? UKG Employee Voice (~1.5k clients): Employee feedback and sentiment analysis solutions,\u003c\/p\u003e\n\n\u003cp\u003eusing language processing, targeted at any sized organization\u003c\/p\u003e\n\n\u003cp\u003eUKG: New World Workforce Management\u003c\/p\u003e\n\n\u003cp\u003eJuly 2022\u003c\/p\u003e\n\n\u003cp\u003eNelsonHall proprietary – not for distribution without permission 2\u003c\/p\u003e\n\n\u003cp\u003e• Managed services:\u003c\/p\u003e\n\n\u003cp\u003e? HR Transformation consulting and change management\u003c\/p\u003e\n\n\u003cp\u003e? Benefits Administration Services\u003c\/p\u003e\n\n\u003cp\u003e? Partial and fully managed payroll services.\u003c\/p\u003e\n\n\u003cp\u003eThis profile focuses specifically on UKG's Workforce Management capability via UKG Dimensions. In 2021,\u003c\/p\u003e\n\n\u003cp\u003ethe proportion of new UKG Pro HCM clients bundling WFM software increased to 79%.\u003c\/p\u003e\n\n\u003cp\u003eUKG has ~4.4k employees dedicated to Workforce Management technology development,\u003c\/p\u003e\n\n\u003cp\u003eimplementation, and service delivery. UKG targets all sizes of organizationsfor its Workforce Management\u003c\/p\u003e\n\n\u003cp\u003esolutions. An average Workforce Management client size has a population of ~5k employees.\u003c\/p\u003e\n\n\u003cp\u003eScope of the Report\u003c\/p\u003e\n\n\u003cp\u003eThe report provides a comprehensive and objective analysis of UKG’s Workforce Management services\u003c\/p\u003e\n\n\u003cp\u003eofferings and capabilities, and market and financial strengths, including:\u003c\/p\u003e\n\n\u003cp\u003e• Identification of the company’s strategy, emphasis, and new developments\u003c\/p\u003e\n\n\u003cp\u003e• Analysis of the company’s strengths, weaknesses, and outlook\u003c\/p\u003e\n\n\u003cp\u003e• Revenue estimates\u003c\/p\u003e\n\n\u003cp\u003e• Analysis of the profile of the company’s customer base including the company’s targeting strategy\u003c\/p\u003e\n\n\u003cp\u003eand examples of current contracts\u003c\/p\u003e\n\n\u003cp\u003e• Analysis of the company’s offerings and key service components\u003c\/p\u003e\n\n\u003cp\u003e• Analysis of the company’s delivery organization including the location of delivery locations\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"July, 2022 \/ - \/ MCW16286343","offer_id":47715029582130,"sku":null,"price":2160.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/ukg-new-world-workforce-management","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}