ActivTrak added two new features, Workforce Capacity and Impact Analysis, to its suite of solutions. The company said the additions will support “data-informed workforce planning and organizational design, and help organizations optimize efficiency and identify cost savings.”
ActivTrak, which was founded in 2009, is a workforce productivity and analytics software company that helps organizations understand how people work. The company uses cloud-based user productivity monitoring to collect and analyze data about productivity and compliance. With it, the goal is to help organizations leverage employee data – while also promoting trust and transparency – to provide insights into how work gets done, how employees can learn and how results can be optimized.
According to the company, with the current market and culture of work organizations are in need of information about their workforce so that they can make informed decisions and stay ahead of the game.
“Leaders face daunting challenges balancing the uncertainty of a weak economy with the shifting nature and conditions of hybrid work,” said Javier Aldrete, senior vice president of product at ActivTrak. “Our Workforce Capacity and Impact Analysis insights help leaders better understand if and where they need to streamline operations, invest in more resources or validate current course and speed — with the additional benefit of testing various scenarios to ensure they achieve the desired goal.”
The new solution, Workforce Capacity, is a dashboard that gives leaders a “visual snapshot” of their employees’ workloads based on collected data. The company said this will provide insights to help them make decisions around headcount, workload balancing and resource allocation.
Meanwhile, the Impact Analysis feature conducts A/B testing on a company’s work programs. With it, the company aims to help companies to assess organizational change and its effects.
The company believes these insights can help leaders analyze shifts in productivity, engagement technology usage and implement changes, such as:
- Understand the impact of a leadership or management change.
- Assess the implications of a new hybrid/flexible work policy.
- Trial a new technology before rolling it out more broadly.
- Determine the feasibility of implementing a 4-day work week.
- Gauge employee productivity after a reduction in force (RIF).