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Large and complex organizations maintain a strategic focus on processes and systems to manage their workforce. However, despite being one of the largest expenditure items, research shows that less than half of organizations say their workforce plans and budgets are accurate or very accurate.

Workforce planning tasks are typically neglected and left to finance to manage with complex spreadsheets. Oftentimes, there is not enough collaboration between HR,
finance, and business units, leaving a massive disconnect between people and dollars. Greater control and an accurate picture of resource requirements and payroll dollars are more important than ever with the economic turbulence, changing organizational priorities, and other factors that influence the workforce. 

Explore essential features in cost allocation software for complex use cases.