Shift to SaaS Surges: Kronos Migrating Long-Standing Customers to Kronos Cloud at Record Pace

ORLANDO, Fla.–(BUSINESS WIRE)–Kronos
Incorporated
today announced growing momentum of migrating its
significant install base of long-standing, on-premise customers to
software-as-a-service (SaaS) solutions as these organizations join more
than 20,000 customers around the world operating in the Kronos Cloud
today.

News Facts

  • Fiscal 2016 represented the best-ever year for migrating existing
    Kronos customers from their long-standing on-premise software
    implementations to a Workforce Ready or Workforce Central SaaS
    solution.
  • In the last two years, Kronos has migrated more than 1.1 million
    employee licenses from existing on-premise customer implementations
    into the Kronos Cloud. This momentum has recently surged, as nearly
    half of those employee migrations occurred since April 2016.

    • In total, Kronos has added more than 4 million employee licenses
      to the Kronos Cloud since 2015.
  • As the fastest-growing part of the business, Annual Recurring Revenue
    (ARR) now represents more than 60 percent of Kronos’ total revenues.
  • The pace of existing customer SaaS migrations continues to rapidly
    increase, as hundreds of organizations across the world and in all
    verticals elected to move their on-premise solutions to the Kronos
    Cloud, with the majority of customers choosing to expand their
    solution at the same time as moving to SaaS:

    • Acculogix is a leading third-party logistics distributor of
      books and magazines servicing thousands of retailers in Canada.
      With full- and part-time employees overseeing order fulfillment,
      receiving and assembly, inventory management, and delivery,
      Acculogix migrated its workforce management solution to the Kronos
      Cloud to best suit the needs of its entire workforce, provide
      greater insight into workforce data, and boost productivity and
      efficiency. Acculogix saw measurable productivity benefits in
      back-end processes, such as a 90-percent reduction of hours spent
      on payroll processes, and leveraged expertise of Kronos’ global
      services team for all maintenance, upgrades, and solution
      configuration.
    • The Cal Poly Pomona Foundation, Inc., which exclusively
      supports Cal Poly Pomona, an institution consistently ranked as
      one of the best public universities in the western U.S., has a
      uniquely diverse workforce made up of a mix of full- and part-time
      employees spread across areas of technology, science, retail,
      culinary arts, hospitality management, and research. The
      Foundation employs more than 1,500 students each year, many of
      whom work on a seasonal basis. By migrating to the Kronos Cloud,
      the Foundation has streamlined timekeeping, HR, and payroll
      functionality on one unified system and has saved significantly on
      operating costs, allowing the Foundation to reinvest in strategic
      programs and initiatives in further support of the university.
    • Children’s Therapy Center of Pettis County, DBA Center for
      Human Services
      (CHS) is a leading provider of services to
      children and adults with developmental disabilities. After years
      as a Kronos customer, CHS chose to migrate from its workforce
      management on-premise solution to a full suite human capital
      management solution in the Kronos Cloud. Leveraging SaaS, the
      organization has a fully automated HCM solution on a unified
      platform for its HR, payroll, and time and attendance needs. Now
      CHS spends less time on administrative tasks and more time
      supporting initiatives to help disabled children and adults live
      their Lives Without Limitations.
    • Crayola, a long-time Kronos customer, has achieved
      significant benefits, including minimizing compliance risk by
      tracking and managing state and federal labor laws, such as the
      Family Medical Leave Act. Based on these benefits and to gain more
      measurable success with an even faster return on investment,
      Crayola decided to move to the Kronos Cloud. Now, Kronos solution
      experts perform all configuration, maintenance, upgrades, and
      support of the workforce management solution, enabling Crayola’s
      IT department to focus on other strategic priorities.
    • A Kronos customer for more than 15 years, First
      Hospitality Group
      (FHG) is a nationally-recognized hotel
      management company based in Chicago that operates properties under
      17 major hotel brands. FHG has expanded its use of Kronos over the
      years from an on-premise timekeeping solution to what it is today:
      a full-suite, integrated human capital management platform hosted
      in the Kronos Cloud that serves the needs of its 2,800 associates,
      from pre-hire to retire. FHG’s internal resources now have more
      bandwidth to focus on strategic initiatives as Kronos took over
      the support, maintenance, and upgrade processes for its solution,
      and FHG has been able to further leverage Kronos’ subject matter
      experts to best optimize its investment.

Supporting Quotes

  • Jim Welch, chief product officer, Kronos
    “While it’s
    exciting that nearly 90 percent of net-new Kronos customers are voting
    for the Kronos Cloud with their purchases, it’s thrilling to see our
    long-standing on-premise customers migrating their instances at a
    rapid pace to further maximize Kronos’ expertise to manage their
    workforce solutions in the cloud. Making this shift to SaaS allows our
    customers to achieve workforce goals faster, receive regular software
    enhancements, accelerate employee adoption, and enjoy a rapid return
    on investment.”

Supporting Resources

  • This announcement was made from KronosWorks,
    the world’s largest workforce information exchange. KronosWorks is
    taking place this week in Orlando.
  • See live updates and join the conversation by using #KronosWorks
    across all social media channels.
  • In line with the Kronos GiveInspired
    spirit, Kronos will harness the power of social media to support Paws
    for Veterans
    , a not-for-profit organization providing combat
    injured veterans with task trained medical service dogs, supplies,
    therapeutic group sessions, and natural treatment alternatives. For
    every photo from the event shared by attendees on social media with
    #KronosWorks, Kronos will donate $20 to Paws for Veterans, up
    to $20,000.
  • Connect with Kronos via Facebook,
    Twitter,
    Google+,
    LinkedIn,
    and YouTube.
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  • Take a look at the lighter side of the workforce in our Time
    Well Spent
    cartoons.

About Kronos Incorporated

Kronos is a global provider of workforce management and human capital
management cloud solutions. Kronos industry-centric workforce
applications are purpose-built for businesses, healthcare providers,
educational institutions, and government agencies of all sizes. Tens of
thousands of organizations – including half of the Fortune 1000®
– and more than 40 million people in over 100 countries use Kronos every
day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works.

© 2016 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
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. All other trademarks, if any, are property of their
respective owners.

Contacts

Kronos Incorporated
Domenic Locapo, +1-978-947-4777
domenic.locapo@kronos.com