Workforce Predictive Analytics for Strategic Workforce Solutions

The organization is seeking a vendor to provide software and licensing for workforce predictive analytics to support strategic workforce solutions. The platform should offer advanced workforce analytics to analyze whether business activity is growing or contracting, and it must include access to marketable records as well as specialized databases such as Globally Linked Records, Limited Access Database Records, and Strategic Database Marketing Record layouts. The solution should allow for 250,000 downloadable full-access records and support quarterly domestic matching and uploads for 150,000 records.

The selected system should incorporate financial stress score models utilizing a comprehensive database of millions of active U.S. businesses, leveraging payment, public filing, demographic, and financial data. It should use statistical methodologies to classify businesses into three risk tiers related to financial stress and be capable of identifying material change attributes from curated data signals to forecast future business changes. Additionally, the platform should provide anticipatory predictions regarding the business growth trajectory and assist in regional planning, layoff aversion, business assistance, and economic development workflows.