COA Solutions’ ClearView for HCM determines the true cost of an organisation’s people
COA Solutions, an Advanced Computer Software plc company, today announces the launch of its ClearView for HCM budgeting and forecasting solution. Specifically aimed at human resource and payroll managers, ClearView for HCM enables the true value of an organisation’s people to be determined and analysed.
At a time when UK businesses, especially public sector organisations, are taking a serious look at all costs; it is vital for businesses to accurately analyse their people costs and determine where cost efficiencies can be made.
ClearView for HCM is the first budgeting and planning solution of its kind on the market. Designed for use by human resource (HR) and payroll managers, it enables the true value of an organisation’s people costs, from recruitment fees through to salaries, bonuses and training costs, to be determined.
ClearView for HCM, which integrates into all COA Solutions human capital management (HCM) systems, extracts real-time data from the HCM system and displays it in a user-friendly graphical format. This data can be analysed and, using the system’s modelling functionality, the impact of ‘what if’ scenarios can be determined to aid decision making. For example, using ClearView for HCM, businesses can model the relative cost implications of a 10 per cent reduction in headcount, or a 12 month salary freeze combined with performance bonuses for key people to ensure retention of talent within the business.
Mark Thompson, Managing Director of COA Solutions says, “Most organisations are aware of the need for effective budgeting and forecasting but rarely apply this to people costs, which is often their biggest expense. Knowing the true current and forecasted financial value of an organisation’s people is key when businesses need to reduce costs and are considering making redundancies.”
For further information about COA Solutions’ ClearView for HCM, call Chris Box on 08451 606 162 or email firstname.lastname@example.org.
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About COA Solutions www.coasolutions.com
COA Solutions, an Advanced Computer Software plc company, is the UK's leading supplier of integrated business management and information systems to public, private and not-for-profit organisations in the service sector. COA Solutions prides itself on getting close to its customers by understanding their businesses and responding to their business needs.
COA Solutions' award-winning Smart Business Suite combines core financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions. COA Solutions also provides managed and bureau service options. Its systems and services extend the value and effectiveness of the finance, HR and payroll departments across the organisation and enable managers in the business to monitor, analyse and continually improve corporate performance.
COA Solutions supports and services over 4,000 clients across the UK service sector including Companies House, Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.
About Advanced Computer Software plc www.advancedcomputersoftware.com
Advanced Computer Software plc (Advanced) is the leading supplier of software and IT services to the health, care and commercial sectors with a primary focus on delivering high quality products and services to enable first class delivery of care in the community. Advanced's portfolio for the health and care sector includes IT management and analytics systems for out-of-hospital applications covering urgent and unplanned care, district nursing, hospices, residential care homes, telehealth, end-of-life and long-term-condition management; as well as mobile information systems for community carers.
Advanced additionally delivers back-office systems for NHS trusts, local authorities and care providers and is further strengthening its position in the health checks and pharmacy services markets. Working with partners in the NHS, local government and the private sector, Advanced delivers IT in support of safe and efficient care delivery and greater information for both the commissioner and care provider. The company's unique proposition is the breadth of integrated health and care solutions from patient-facing IT systems through to back-end operational systems and services.
Advanced is also a leading supplier of software and IT services to the commercial sector. This part of the business underpins growth whilst providing opportunities for cross-marketing of products and IT services.
Liz Ebbrell, COA Solutions
+44(0)1625 856505 or 07917 634 705
Ben Carey, COA Solutions
+44 (0)1625 856505
This press release was distributed by ResponseSource Press Release Wire on behalf of Advanced in the following categories: Business & Finance, Education & Human Resources, for more information visit https://pressreleasewire.responsesource.com/about.