Financial Optimization. Enterprise Risk Management. Business Model Innovation.
Financial optimization, enterprise risk management and business model innovation, along with a selection of key metrics linking performance to strategy, are all concepts that have traditionally been applied to financial performance, ultimately reflected in the Balance Sheet, Earnings Statements and Shareholder Value.
SonarVision allows financial teams to apply these concepts and practices to the workforce, enabling them to see the financial impact of Human Capital Management practices in the same way other areas of the business are assessed. SonarVision you can create a virtual workforce balance sheet to measure against current and future strategic objectives and then monitor and manage the ongoing progress. We enable finance to monitor workforce investments, usually the single biggest expense of any business, with the same discipline and structure applied to supply chain management and other areas of the business.
Gain a competitive edge with the ability to identify, financially quantify and manage risks inherent in your workforce and provide prescriptions for risk management.
- Monitor key performance factors or predict the ROI of the organizations largest and most vital investment.
- Obtain a valuable tool to help increase earnings by 1.5% - 20% annually through the strategic management, planning and monitoring the organization's largest expense--the workforce.
- Link critical workforce positions to the most vital components of your strategic business plan systematically.
- Rely on easy-to-read dashboards presenting meaningful metrics and actionable data to effectively optimize your workforce
- Access the information need to accurately predict labor gaps to help you discover lost opportunity costs?
We quantifiably link dimensions of common workforce components, monitor definable metrics, make distinct correlations between the workforce and the strategic plan and business value chain, while incorporating regression analysis, simulations and predictive modeling. The result: A dashboard view of actionable and valuable data!