Lewes, DE -- (SBWIRE) -- 05/18/2015 -- Report forecast the global workforce management software market in the healthcare sector to grow at a CAGR of 13.18 percent over the period 2014-2019.

Traditionally, workforce management was handled with the help of spreadsheets and time recording, which are time-consuming, can lead to non-productive idle times and poor customer services, and incur high operational costs. WFM software helps businesses to manage workforce scheduling, increase operational performance, and identify and solve workforce-related issues. WFM solutions can be deployed across organizations and are beneficial to all types of businesses as they ensure that the right people with the desired skills are recruited for a job.

Workforce management encompasses the following activities:
- Time, attendance, and leave management
- HR administration
- Performance management
- Budgeting of workforce
- Talent management
- Activity management
- Training and development

This report covers the present scenario and the growth prospects of the global workforce management software market in the healthcare sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the following:
- Installations
- Sales
- Service
- Software licenses
- Technical support
- Maintenance

The report provides the revenue generated from the deployment model:
- On-premise
- SaaS

The report also provides the revenue generated from the applications:
- Time and attendance
- Talent management
- Integrated software
- Scheduling
- Analytics

According to the report, WFM software enables effective workforce operations such as planning and scheduling, time keeping, tracking attendance, and scheduling. In addition, it enables organizations to monitor real-time performance and assess productivity.

Further, the report states that growing popularity of open-source WFM software is one of the major challenges that the market faces. Open-source WFM software poses stiff competition to commercial WFM software solutions as it can be downloaded for free and can run on all platforms.

Global Workforce Management Software Market in Healthcare Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global WFM software market: Infor Global Solutions Inc., Kronos Inc., McKesson Corp. and SAP AG

Other Prominent Vendors in the market are: ADP, Atoss, Cornerstone OnDemand, GE Healthcare, IBM, Oracle, Ultimate Software, Workday and Workforce Software

Key Regions
- Americas
- APAC
- EMEA

Market Driver
- Growing Need for Effective Cost Savings
- For a full, detailed list, view our report

Market Challenge
- Increased Popularity of Open-Source Workforce Management Software
- For a full, detailed list, view our report

Market Trend
- High Demand for Cloud-Based Workforce Management Solutions
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 66 pages and 23 Exhibits "Global Workforce Management (WFM) Software Market in Healthcare 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Description, Market Segmentation by Application, Market Segmentation by Deployment Model, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-workforce-management-wfm-software-market-healthcare-2015-2019

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