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Kronos Announces Exceptional Fiscal 2016 Performance; Surpasses 20,000 Customers in the Kronos Cloud; Human Capital Management Full-Suite Transactions Surge

November 2nd, 2016 at 10:14 am

CHELMSFORD, Mass., Nov 02, 2016 Kronos Incorporated today announced financial results, company advancements, and customer successes for Fiscal 2016. Kronos recognized revenue for the year was $1.2 billion. Annual Recurring Revenue (ARR) now represents more than 60 percent of total revenues and remains the fastest-growing part of the business. “Thanks to our engaged and inspired Kronites; our customer-first mentality; and our innovative workforce management and human capital management solutions, Kronos reported yet another fantastic year,” said Aron Ain, Kronos chief executive officer. “All Kronites collaborated across every region and every vertical market to exceed our financial expectations. I am incredibly proud of this amazing company, and thankful to customers and […]

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Kronos Human Capital Management Helps HR Leaders Across Every Industry Better Engage Employees, Drive Productivity, and Minimize Compliance Risk

October 3rd, 2016 at 10:11 am

CHELMSFORD, Mass., Oct 03, 2016 Kronos Incorporated today announced that organizations across every industry are increasingly turning to the full-suite Kronos Workforce Ready human capital management (HCM) cloud platform to drive employee engagement and better business outcomes. Thriving on continuous innovation, Workforce Ready provides a unified cloud platform for the entire workforce to help organizations attract and retain talent, engage the workforce, and manage the employee lifecycle from pre-hire to retire. News Facts Organizations around the world are overcoming their unique challenges by deploying the Workforce Ready HCM cloud platform. Mammoth Resorts – With four unique mountain destinations, the Mammoth Resorts workforce fluctuates from 1,100 off-season employees to nearly 4,500 […]

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Aron Ain of Kronos Named CEO of the Year

September 19th, 2016 at 10:03 am

CHELMSFORD, Mass., Sep 19, 2016 Kronos Incorporated today announced that Chief Executive Officer Aron Ain was named CEO of the Year by the Mass Technology Leadership Council (MassTLC). Ain accepted the award, which celebrates the best of the region’s internationally-renowned technology industry, at MassTLC’s 19th annual Leadership Awards Gala held in Boston on Sept. 14. News Facts The MassTLC Technology Leadership Awards program is the Commonwealth’s most prestigious honor for technology companies, innovators, and leaders. The Awards Gala brought together more than 800 of the region’s top tech innovators to network and celebrate the area’s best leaders, companies, and technologies. Winning companies were selected from hundreds of nominations and judged by […]

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Kronos Continues Stellar Growth Trajectory; Shift to SaaS Drives Impressive Recurring Revenue Growth; Footprint Rapidly Expanding in Human Capital Management

April 26th, 2016 at 9:58 am

CHELMSFORD, Mass., Apr 26, 2016 Kronos Incorporated today announced financial results, company advancements, and customer successes for the second quarter of Fiscal 2016. Kronos recognized revenue for the quarter increased to $291.2 million. Earnings before interest, tax, depreciation, and amortization (EBITDA) was $83.2 million.1 Annual Recurring Revenue (ARR) now represents more than 60 percent of total revenues and is the fastest-growing part of the business. “As a result of tremendous performance throughout every corner of our company, we continue to lead the industry’s shift from on-premise software to the cloud,” said Aron Ain, Kronos chief executive officer. “We are investing heavily back into our business with the goal of continuously delighting […]

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Kronos Recognized for Excellence in Customer Satisfaction for 16th Consecutive Year

April 13th, 2016 at 9:53 am

CHELMSFORD, Mass., Apr 13, 2016 Kronos Incorporated today announced that it has received the 2015 NorthFace ScoreBoard AwardSM from the Omega Management Group Corp. for excellence in customer satisfaction.1 News Facts Omega presents the NorthFace ScoreBoard Award annually to organizations that consistently exceeded customer expectations during the preceding year, as rated by their own customers: Kronos scored a perfect 100 percent when customers were asked if the company is professional and courteous during interactions; Kronos is highly regarded for technical aptitude, with 99 percent of customer respondents reporting Kronos had the required skills to understand and resolve their issue; and Overall, 96 percent declared they are satisfied with Kronos customer support. […]

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Kronos Empowers the Modern Workforce with Mobile Enhancements to Drive Employee Engagement

April 5th, 2016 at 3:48 pm

CHELMSFORD, Mass., April 5, 2016 – Kronos Incorporated today announced significant enhancements to its mobile and tablet applications for workforce management, further empowering employees around the world to increase ownership of their work schedules with powerful and convenient self-service functionality. News Facts Kronos Workforce Mobile and Workforce Tablet make it easier for employees and managers to complete a wide range of scheduling tasks from their preferred device, improving productivity, efficiency, and employee engagement. Enhancements include: Shift Swap – A one-to-one exchange enables employees to easily trade shifts in their current schedule with willing and available co-workers who share the same skills and certifications, at anytime from anywhere, requiring minimal manager involvement; […]

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Kronos Workforce Central 8 is Fastest-Adopted Product Release in Company History; Continues to Reimagine Workforce Management with Powerful New Updates

November 16th, 2015 at 10:52 am

LAS VEGAS, KronosWorks™ — Nov. 16, 2015 — Kronos Incorporated today announced that Workforce Central 8 has been the most rapidly adopted product release in the company’s history. Kronos also announced several innovative features and ease-of-use enhancements developed since the launch of Workforce Central 8, furthering Kronos’ focus on reimagining workforce management. News Facts Workforce Central 8 combines a reimagined user experience with unmatched industry-specific functionality, powerful analytics, comprehensive global capabilities, and proven cloud delivery for a complete solution that allows organizations to control labor costs, minimize compliance risk, improve workforce productivity, and increase employee engagement – regardless of their industry or where they do business. In just six months, more than 800 customers […]

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Kronos Launches Big Data Solution: Workforce Auditor

November 16th, 2015 at 10:50 am

LAS VEGAS, KronosWorks™ — Nov. 16, 2015 — Kronos Incorporated today announced the availability of Workforce Auditor, a solution powered by the Kronos Workforce Analytics solution. Available within the Kronos Workforce Central suite, Workforce Auditor helps organizations take a data-driven approach to their workforce, offering the ability to turn big data into actionable intelligence, resulting in improved workforce productivity, minimized compliance risk, and increased employee engagement. News Facts Developed by the big data for workforce management practice group at Kronos comprising of business intelligence designers, data scientists, and consultants, Workforce Auditor identifies patterns of timekeeping and scheduling behavior within an organization that are unusual and links them to specific workforce activity. With this […]

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Sleek, Elegant, Powerful: New Kronos Workforce Ready User Interface Empowers Small and Midsize Businesses and Their Employees in the Cloud

November 16th, 2015 at 10:46 am

LAS VEGAS, KronosWorks ™ — Nov. 16, 2015 — Kronos Incorporated today announced a refreshed user interface in the latest release of its Kronos Workforce Ready suite, an enterprise-class workforce management cloud solution for small and midsize businesses (SMBs). News Facts With more than 1 million combined users on the Workforce Ready and Kronos SaaShr platform, the workforce management cloud suite has proven an extremely powerful tool with functionality that SMBs need to run their businesses. Key features, tasks, and functionality remain unchanged in the latest release, however the Workforce Ready user interface has been refreshed to streamline navigation, enhance visual design, and ensure consistent steps across all modules to help organizations and […]

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Kronos Momentum Continues with a Strong Fiscal 2015 Finish

November 2nd, 2015 at 9:34 am

CHELMSFORD, Mass., Nov. 2, 2015 – Kronos Incorporated today announced financial results, company advancements, and customer successes for Fiscal 2015. Cloud bookings continued to accelerate across multiple product lines. Kronos recognized revenue for the year increased to $1.1 billion. Earnings before interest, tax, depreciation, and amortization (EBITDA) increased to $355 million.1 “Kronos continued its fantastic growth trajectory in Fiscal 2015, with remarkable momentum across all dimensions of our business. We yet again executed wonderfully, the highlights of which include rapid acceleration of growth of the Kronos Cloud; delivery of a vast array of innovative workforce management solutions; aggressive global expansion; and fantastic employee engagement scores and external recognition as a top place […]

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