DUBLIN, Calif., July 16, 2019 /PRNewswire/ -- TriNet (NYSE:
TNET), a leading provider of full-service HR solutions for small
and medium size businesses (SMBs), today announced the release of
its HR reporting and analytics tool, TriNet Workforce Analytics.
Integrated with the TriNet HR platform, Workforce Analytics
delivers to SMBs rich data extracted from a single system,
providing in-depth analysis needed for accurate reporting and
forecasting in order to make informed business decisions.
Sixty-nine percent of organizations are building integrated
systems to analyze employee data.1 This leads to more
organizations looking for better ways to manage their HR, according
to the 2018 Deloitte Global Human Capital Trends report. For
business owners, managers and HR administrators, Workforce
Analytics offers customizable, powerful and scalable reporting with
ease of use and efficiency. Users can drill down into critical
information such as planning for future staffing needs and
predicting employee tenure based on attrition trends.
"Small and medium size businesses represent 99% of all
businesses across the U.S. and just under 48% of the U.S.
workforce. In a tight labor market, it is imperative that SMBs have
access to rich HR data to discover insights and make informed
decisions that have a positive impact on their workforce and
business strategy," said Dilshad
Simons, senior vice president of products at
TriNet. "We are leveling the playing field for SMBs and
helping to turn their data into actionable insights. We are
committed to offering our customers the most innovative technology
capabilities as part of our comprehensive industry tailored HR
solutions as they compete for talent, make informed decisions and
focus on what matters most—growing their business."
To attract talent in a competitive hiring market, decision
makers can differentiate their benefits offering by analyzing which
benefits packages are most adopted by their employees and using
that information to improve the effectiveness of their offering.
Employers can also retrieve data on costs spent on payroll,
benefits and workforce distribution between salaried and hourly
workers.
Key features of TriNet Workforce Analytics include:
- Access to important workforce data, such as annualized
compensation range, average employee tenure and benefits elections
from a single dashboard within the TriNet platform
- Integration with QuickBooks® (online and desktop), NetSuite,
Xero and Intacct to sync accounting data for more accurate
reporting
- Ability to save custom, recently viewed and favorite reports to
the dashboard for expedited access to most commonly used
reports
- Capability to create a variety of custom reports with the
report-builder feature and with drag-and-drop capabilities
- Ability to edit report views by sorting, filtering, grouping
and pinning columns
- Assign user permissions to grant full report access with one
click or limit report access based on individual permission
sets
- View dashboards with key HR metrics at a glance
All TriNet users with appropriate permissions can access
Workforce Analytics by logging into the TriNet platform.
About TriNet
TriNet (NYSE: TNET) provides small and
medium size businesses (SMBs) with full-service HR solutions
tailored by industry. To free SMBs from HR complexities, TriNet
offers access to human capital expertise, benefits, risk mitigation
and compliance, payroll and real-time technology. From Main Street
to Wall Street, TriNet empowers SMBs to focus on what matters
most—growing their business. TriNet, incredible starts here. For
more information, visit TriNet.com or follow us on
Twitter.
Investors:
|
Media:
|
Alex Bauer
|
Fatima
Afzal
|
TriNet
|
TriNet
|
Investorrelations@TriNet.com
|
Fatima.Afzal@TriNet.com
|
(510)
875-7201
|
(510)
875-7265
|
|
|
|
PR@TriNet.com
|
TriNet and the TriNet logo are registered trademarks
of TriNet. All other trademarks, service marks, registered
trademarks, or registered service marks are the property of their
respective owners.
1 2018 Global Human Capital Trends survey from
Deloitte on "The Rise of The Social Enterprise;" pg. 89
View original content to download
multimedia:http://www.prnewswire.com/news-releases/trinet-introduces-workforce-analytics-to-help-small-and-medium-size-businesses-enhance-and-streamline-strategic-business-decisions-300885381.html
SOURCE TriNet