Kronos knows time is money for its customers. The company makes and implements staffing management software particularly for organizations with large, complex workforces. With a goal of controlling labor costs and improving employee productivity, its software automatically collects time and attendance data, manages scheduling and absences, oversees administrative, HR, payroll, and hiring processes, and provides data analytics on cost and performance problems. Serving more than half of the Fortune 1000, it focuses on the education, health care, hospitality, manufacturing, retail, and government markets, among others. Kronos is owned by an investment group led by private equity firm Hellman & Friedman.