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Kronos Incorporated acquires Empower Software Solutions
19
Jan '16
Kronos Incorporated, the global leader in delivering workforce management solutions in the cloud, has acquired Empower Software Solutions, a leading provider of human capital management and workforce management solutions.

Empower Software, headquartered in Orlando, Fla. and founded in 2007, offers time and attendance, scheduling, payroll, HR management, and tax filing software applications and services that help organisations effectively manage their workforces and enhance employee engagement.

Acquiring Empower Software extends Kronos' leadership in the human capital management market, within the enterprise segment with some of the world's largest retailers, manufacturers, and financial services organisations, as well as within the small and midsize business (SMB) segment; adding nearly 1,000 organisations to the Kronos customer community, according to a press release.

This acquisition also further extends Kronos' leadership in the retail industry and complements the company's strength with unique and innovative retail scheduling functionality. Kronos will continue to support the acquired customers through a dedicated team of Empower Software employees, and Empower Software customers will have access to a comprehensive and complementary array of Kronos workforce management solutions.

Bob Hughes, chief strategy officer, Kronos Incorporated said, “Empower Software shares Kronos' vision of offering solutions in the most flexible and comprehensive manner possible to engage an organisation's biggest asset, the workforce, and with this acquisition, Kronos further extends its leadership in human capital management. We also gain access to unique retail scheduling functionality as well as other powerful solutions, which complement Kronos offerings to help all customers – large or small. The Empower Software customer base will benefit from the vast array of solutions that Kronos offers.”

Len Finkle, president and chief executive officer, Empower Software Solutions said, “At Empower Software, we work with customers every day to develop solutions which enhance job satisfaction and employee engagement. By joining Kronos, the world leader in workforce management, we will now create even greater value for our customers and their employees and customers.” (GK)

Fibre2fashion News Desk - India


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