Kronos makes and implements workforce management software particularly for organizations with large, complex workforces. With a goal of controlling labor costs and improving employee productivity, its various software products automatically collect time and attendance data, manage scheduling and absence, oversee administrative HR, payroll, and hiring processes, and provide data analytics on cost and performance problems. Kronos sells directly and through partnerships. Serving over half of the Fortune 1,000, it focuses on the business services, education, energy, financial services, government, health care, hospitality, logistics, manufacturing, public safety, and retail markets. Kronos China was founded in 2007, had operations in Beijing, Shanghai, guangzhou and Hong Kong and service institutions. Kronos has nearly 400 international and domestic customers around the 13 countries in the asia-pacific region, such as Haier, Schneider, Ikea, Coach, Disneyland, Wanda, Vivo, adidas. In February 2020, the company announced a merger with Ultimate Software. In July 2020, Kronos announced that it would withdraw from the Chinese market.