1. Home
  2. HCM
  3. Workforce Management
  4. Workforce Planning and Forecasting

By: Pascal PERRY

Posted:

Workforce Planning and Forecasting Functions & Features

Workforce demands vary from day to day, and accurately determining the anticipated workload can be difficult. With the workforce planning and forecasting functionality, users can have information at their fingertips which allows them to make better informed decisions about their workforce needs.. Workforce Planning and Forecasting Functions & Features are an important module of the comprehensive HCM RFP Template.

The HCM RFP template with Workforce Planning and Forecasting Functions & Features for HCM is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1430 decision criteria. The HCM RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to HCM software vendors. It ensures for:

  • complete response from each HCM software vendor
  • deep and accurate evaluation of submitted HCM proposals
  • impartial side-by-side comparison of HCM solutions evaluated
  • rational and documented selection of the best matching HCM system

The HCM software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the HCM solutions from scratch.

The Workforce Planning and Forecasting Functions & Features comprise the following elements:

  • Creates teams based on skills and availability, monitors progress, tracks time, and analyzes results

    Creates teams based on skills and availability, monitors progress, tracks time, and analyzes results, Workforce Planning and Forecasting Functions & Features
  • Projects and activities can be excluded or included in a forecast, based on their attributes

    Projects and activities can be excluded or included in a forecast, based on their attributes, Workforce Planning and Forecasting Functions & Features
  • Resources can be excluded or included in a forecast, based on their attributes

    Resources can be excluded or included in a forecast, based on their attributes, Workforce Planning and Forecasting Functions & Features
  • Multi-level labor forecasting (teams, departments, business units, etc.)

    Multi-level labor forecasting (teams, departments, business units, etc.), Workforce Planning and Forecasting Functions & Features
  • Unifies project management, time tracking, financial data, and employee skills information using a portfolio management approach

    Unifies project management, time tracking, financial data, and employee skills information using a portfolio management approach, Workforce Planning and Forecasting Functions & Features
  • Uses period planning to align workforce planning with key KPI targets

    Uses period planning to align workforce planning with key KPI targets, Workforce Planning and Forecasting Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which HCM solution is the best for your needs.

Compare Now!
Functions and Features