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Up to 821% ROI: The Projected Total Economic Impact™ of Paycom’s Time-Off Requests Featuring GONE®
When the time-off request process is managed manually, organizations regularly experience:
- staffing confusion
- costly errors
- frustrated employees
- unnecessary busywork for HR, admins, finance staff and managers
A 2024 commissioned study conducted by Forrester Consulting on behalf of Paycom shows that a composite organization based on interviewed clients using our automated Time-Off Requests tool featuring GONE received a projected three-year ROI of up to 821% and annually saved:
- each manager nearly a week* of unproductive hours
- HR, finance and admin staff up to 192 hours
- up to 240 hours in avoidable overtime
That’s because GONE automates the entire time-off decision-making process, allowing you to set a variety of decision-making criteria to adhere to company time-off policies and departmental demands. This eliminates decision fatigue as well as inaccurate and inconsistent processing and the understaffing that results. Plus, employees are no longer kept in the dark or forced to delay their plans with instant and unbiased resolutions to their time-off requests.
See how the composite organization unloaded the heavy burden of time-off requests and created a more efficient, empowering practice for everyone involved. Download the New Technology: The Projected Total Economic Impact™ of Paycom’s Time-Off Requests Featuring GONE® study today.
*Refers to a traditional 40-hour workweek.
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