Tomax Launches New Time and Attendance Solution
New Approach Sets the Bar in Architecture, Flexibility, and Workforce Management Capabilities
NEW YORK, Jan. 17 -- Tomax Corporation is pleased to announce the launch of its Retail.net(R) Time and Attendance (TA) solution, including employee self-service, realtime alerts and workflow. It`s a strategic addition to the functionality available in Retail.net Workforce Management (WFM) combining long-term budgeting and planning, demand and labor forecasting, staff scheduling functions, and now labor tracking and cost computation.
Reduce Workforce Costs
Managing and tracking the retail workforce with Retail.net yields immediate and tangible benefits at all levels of the enterprise, allowing enterprise-wide participation in the strategic goal of better customer service at a lower cost. It`s now truly possible for retailers to "plan the work" and "work the plan" with a single solution. With the addition of Retail.net TA retailers can realize significant reductions in workforce costs while preserving or improving customer service.
"It`s our largest controllable expense. Having success with Tomax` scheduling solution for several years, when we found out that they were building Time and Attendance as part of their Workforce Management solution we had to see it. Knowing the competition, we are impressed with what we see in the new Retail.net TA solution," says Michael Hubert, CIO of Felpausch.
"Our integrated model will allow retailers to extract the potent ROI from our scheduling optimization. Other vendors have assembled their application suite through a combination of internal development and the acquisition of point solutions. While this approach technically covers the problem space, by it`s nature misses the opportunities that a single solution provides. We built the solution from the ground up," says Randy Park, VP Workforce Solutions for Tomax.
Just for Retail
Retail.net TA is designed exclusively for retailers, from the simplest aspect of time capture to the automatic application of complex pay rules, providing store managers with a quick and easy tool to maximize resource utilization. This targeted approach avoids the "one size fits all" philosophy endorsed by competitive products, which support such diverse markets as healthcare, services, manufacturing and financial verticals. This generalized approach overlooks some critical factors unique to retail like hundreds or even thousands of distributed stores, different security access, unique user interface content by employee, 100%-plus annual turnover, management of minors, and many other retail specific needs. The cost penalty for not doing each of these well is significant and quantifiable.
Innovative features include exception-based editing and timecard approval, providing store managers with the realtime information needed to streamline the weekly payroll process. Proactive alerts and workflow notifications identify business situations requiring manager intervention, and suggest recommended actions. Alert routing is configurable so that issues are escalated to the appropriate district manager if store-level personnel fail to respond properly.
Breakthrough Pay Rules Engine
Instead of hard-coding user specific options through complex and rigid parameterizations, Tomax has created a generalized and declarative pay-rules engine enabling retailers to tailor pay-rules to their exacting requirements -- without custom programming or configuration management overhead and complexity. Each pay-rule is effective dated, allowing the development of complex, scheduled pay-rules management.
Latest Architecture, Thin-client Deployment
The Retail.net TA solution uses state-of-the-art architecture and software design, reflecting Tomax leadership in creating Web solutions that can scale to the needs of the largest retailers. This includes a commitment to delivering all Tomax Retail.net solutions on a thin-client deployment so Tomax customers can enjoy the lifecycle cost savings and ownership advantages compared to traditional, client/server and workstation based approaches. The entire solution is based on the standard J2EE enterprise software development model and represents the most advanced -- and scalable -- workforce solution available to retailers today.
About Tomax
Tomax is the leading provider of realtime retail solutions and services based on Retail.net -- hosted solutions for store and associate management, corporate planning, forecasting and replenishment. Over 100 retailers, across every retail segment rely on Tomax solutions today. These retailers include Air Terminal Gifts, Balducci`s, Benjamin Moore, Coach House Gifts, Deseret Book, Franklin Covey, Kelly Moore, Kroger, LA Weight Loss, Raley`s Supermarkets, Safeway, ShopRite, Snyder`s Drug Stores, Sportsman`s Warehouse, Trader Joe`s, Travel Traders, TJX Companies (Marshall`s and TJ Maxx), Ultimate Electronics, United Supermarkets, Winn Dixie and 24 Hour Fitness. Visit www.tomax.com and www.retail.net for more information on Tomax customers, products and services.
Forward Looking Statements
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.
CONTACT:
Lee Payne
Tomax Corporation
+1-801-924-6969
lpayne@tomax.com
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