Workforce planning software helps companies plan and budget for their current and future staffing needs across the organization. HR, finance, and talent teams use these tools to anticipate staffing challenges by aligning departmental leadership expectations regarding baseline headcount, hiring processes and approvals, and compensation ranges. These platforms provide a comprehensive view of the business by integrating and organizing employee life cycles into a unified perspective. Workforce planning solutions are often used by HR teams involved in recruitment and payroll but are also valuable for finance teams. They typically integrate with related tools like applicant tracking systems, workforce management, corporate performance management, HR analytics, accounting, org chart, and onboarding software.
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