Workforce management: a complete guide for businesses

April 7, 2025
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7 min read

What is workforce management?

Workforce management (WFM) refers to the processes and tools businesses use to optimise employee productivity, scheduling, and overall operational efficiency. It involves forecasting labour needs, managing employee schedules, tracking attendance, and ensuring compliance labour laws. 

At its core, workforce management is about ensuring the right people are in the right place at the right time to meet business goals. It’s a critical aspect of running a successful organisation, especially in industries like retail, hospitality, healthcare, and manufacturing where employee scheduling and productivity directly impact customer service and profitability.

What is workforce management software?

Workforce management software is a digital solution designed to automate and streamline workforce-related tasks. Instead of relying on manual processes or spreadsheets, businesses can use WFM software to manage scheduling, time tracking, payroll integration, compliance, and more - all from one centralised platform.

Key features of workforce management software

  • Scheduling: create optimised rosters based on business needs and employee availability. 
  • Time tracking: monitor attendance and hours worked in real-time. 
  • Payroll integration: automate payroll calculations based on timesheets and award rules.
  • Compliance: ensure adherence to labour laws, awards, and workplace agreements. 
  • Analytics and reporting: gain insights into workforce performance and labour costs. 

Benefits of workforce management software

  1. Improved efficiency: automating repetitive tasks like scheduling and attendance tracking saves time for managers and HR teams. This allows them to focus on strategic initiatives rather than administrative work. 
  2. Enhanced accuracy: manual processes are prone to errors, incorrect payroll calculations or missed compliance deadlines can lead to costly mistakes. Workforce management software eliminates human error by automating calculations and providing real-time updates. 
  3. Better employee experience: employees benefit from clear schedules, accurate paychecks, and self-service portals where they can view their timesheets or request leave. This transparency fosters trust and engagement within the workforce. 
  4. Cost savings: by optimising rosters and reducing overtime costs, businesses can save money while maintaining productivity levels. Analytics tools also help identify inefficiencies that may be impacting labour costs. 
  5. Compliance made easy: staying compliant with labour laws and award conditions is simplified with automated systems that track regulations and apply them correctly during payroll processing or scheduling changes. 

How workforce management software helps businesses

  • For employers:
    • Optimized Scheduling: Managers can create rosters that align with peak business hours while considering employee preferences and availability.
    • Real-Time Insights: Analytics dashboards provide data on labor costs, productivity trends, and absenteeism rates—helping businesses make informed decisions quickly.
    • Scalability: Whether managing 10 employees or 1,000, WFM software scales with your business needs without adding complexity to operations.
  • For Employees:
    • Transparency: Employees can access their schedules, timesheets, and leave balances via self-service portals—reducing reliance on HR for basic queries.
    • Fair Pay: Automated systems ensure employees are paid accurately according to their hours worked and applicable award rules or agreements.
    • Flexibility: Employees can request shift swaps or leave directly through the software, making workplace communication smoother.

Types of workforce management software

Not all workforce management software is created equal—different solutions cater to different business needs based on industry requirements or operational complexity. Below are the main types of WFM software:

  1. Scheduling-Focused Solutions:
    These tools primarily focus on creating optimized rosters based on demand forecasts and employee availability. They are ideal for industries like retail or hospitality where shift planning is crucial for operations. Examples include:
    • Deputy
    • RosterElf
  1. Time Tracking & Attendance Systems
    Designed for businesses that need accurate clock-in/clock-out tracking for hourly employees or field workers. These systems integrate with payroll tools for seamless processing of hours worked. Examples include:
    • TSheets by QuickBooks
    • TimeClock Plus
  1. Payroll-Centric Platforms
    These solutions combine workforce management features with robust payroll processing capabilities—ideal for businesses looking for an all-in-one solution to handle scheduling, attendance tracking, award interpretation, and payroll compliance in one platform. Examples include:
    • Microkeeper (Australia-focused)
    • ADP Workforce Now
  1. Enterprise Resource Planning (ERP) Systems
    Large organizations often opt for ERP systems that integrate workforce management with broader business functions like inventory management or customer relationship management (CRM). Examples include:
    • SAP SuccessFactors
    • Oracle HCM Cloud

Where does Microkeeper fit?

Microkeeper is a comprehensive workforce management solution tailored specifically for Australian businesses needing automation across scheduling, time tracking, award interpretation, payroll integration, and compliance reporting—all in one platform.

Key Features of Microkeeper:

  1. Award Interpretation Automation: Automatically apply correct pay rates based on hours worked, age brackets, penalty rates, overtime rules, or public holidays—ensuring compliance with Australian workplace awards without manual intervention.
  1. Integrated Payroll Processing: Seamlessly link timesheet data to payroll calculations for faster processing with zero errors.
  1. Real-Time Rostering Tools: Create optimized rosters based on employee availability while tracking costs against budgets.
  1. Employee Self-Service Portal: Empower your team with access to their payslips, timesheets, leave balances, and more.
  1. Compliance Made Simple: Stay ahead of Fair Work regulations with automatic updates applied directly within the platform.

Why Choose Microkeeper?

Microkeeper stands out among workforce management solutions because it’s designed specifically for Australian businesses navigating complex award conditions and compliance requirements.

✔️ Tailored for Australian workplace awards.

✔️ Combines scheduling tools with powerful payroll automation features.

✔️ Scales effortlessly from small businesses to large enterprises.

✔️ Reduces administrative overhead while improving accuracy across operations.

Whether you’re managing a small café or a large manufacturing plant, Microkeeper helps you streamline your workforce management processes while staying compliant—saving time and money along the way.

Workforce management software has become an essential tool for modern businesses looking to optimize their operations while improving employee satisfaction. By automating tasks like scheduling, time tracking, payroll integration, and compliance reporting, these tools empower employers to focus on strategic growth while ensuring employees are paid fairly.

If you’re ready to take your workforce management to the next level with an all-in-one solution tailored for Australian businesses—Book a Demo today or Start Your Free Trial with Microkeeper!

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