Staff memo.
Further to questions last Wednesday evening concerning the Timekeeping Review, I can provide the following information:
The City currently has approximately 200 licences for Kronos (the Timekeeping system), which are at a cost of $25,000. Vendor pricing allows for bulk purchases of licences.
The investment requested in the 2014 budget is to engage external IT resources to identify, and work to implement both system improvements and associated business process for efficiencies and to free up capacity/resources.
In advance of this work , and based on an assumption that the number of licences could be cut in half i.e. down to 100 – the savings would be in the order of $10,000 – this again is reflective of bulk purchasing (i.e. the more licences, the less overall cost as compared to purchasing individual licences). Staff