SumTotal Systems Announces First Quarter 2009 Results…from SumTotal Systems

April 29, 2009

 

HRchitect featured SumTotal Systems in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. SumTotal Systems competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Kimberley Kasper, VP of Marketing, and Jon Ciampi, VP of Product Management, will participate in the HRchitect WebMingle on May 2, 2009.

 

SumTotal Systems (Nasdaq: SUMT), the market leader and a global provider of talent development solutions, today announced its financial results for the first quarter ended March 31, 2009.

First Quarter 2009 Results
On an unaudited Generally Accepted Accounting Principles (GAAP) basis, total revenue for the first quarter 2009 was $23.7 million compared to $36.0 million for the first quarter 2008. Unaudited GAAP net loss was $5.2 million, or $0.17 per share on a basic and diluted basis, compared to net income of $1.5 million, or $0.05 per share on a diluted basis, for the first quarter 2008.

For the first quarter 2009, cash flows from operating activities were $4.1 million compared to $3.6 million in the first quarter 2008.

Deferred revenue for the quarter ended March 31, 2009, was $35.6 million compared with $33.2 million at the end of the same quarter the previous year.

Non-GAAP revenue for the quarter was $23.7 million compared to $36.1 million for the same quarter the prior year. Non-GAAP net loss for the quarter was $2.1 million, or $0.07 per share on a basic and diluted basis, compared to non-GAAP net income of $4.6 million, or $0.14 per share on a diluted basis, for the prior year.

Non-GAAP results exclude the impact of certain charges primarily related to restructuring activities and non-cash charges related to acquisition accounting, stock-based compensation, and any related income tax effects. A reconciliation to the GAAP results is provided in the attached statements.

As previously announced on April 24, 2009, SumTotal entered into a definitive merger agreement with affiliates of Accel-KKR, under which all of the outstanding shares of SumTotal common stock will be acquired for $3.80 per share in cash. The transaction is subject to customary closing conditions, including the approval of SumTotal’s stockholders. There is no financing condition to the transaction. For further information about this transaction, please see the Company’s April 24, 2009 press release and the Merger Agreement filed with the SEC on Form 8-K.

SumTotal will not host a conference call to discuss financial results for the first quarter 2009.

 

For more information on SumTotal Systems, please visit www.sumtotalsystems.com

Matt Lafata, HRchitect

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Workday Secures $75 Million in Funding Led by New Enterprise Associates…from Workday

April 29, 2009

 

Expands Management Team with Focus on Long Term Growth

 

HRchitect includes them in our list of top HRIS vendors that businesses should consider.

 

Workday, Inc., the leader in enterprise-class SaaS-based Human Resources (HR) and Financial solutions, today announced it has secured $75 million in Series E funding and has expanded the management team with the appointment of Clark Newby as vice president of marketing.

 

What’s New:
Workday secured $75 million in Series E funding led by New Enterprise Associates (NEA). Existing investors Greylock Partners and Workday CEO and co-founder Dave Duffield also participated in the round.

 

  • NEA is one of the industry’s most respected venture capital firms with investments in leading technology innovators such as Data Domain and WebEx.
  • With the investment, NEA General Partner Scott Sandell has joined the Workday board.
  • Workday plans to employ the funds to extend its product portfolio and support the company’s expansion.

 

Workday also named Clark Newby vice president of marketing, leading the company’s branding, marketing and corporate communications efforts worldwide.

 

Newby joins from Fortify Software, where he was vice president of marketing. Newby was previously vice president of marketing for data center software company PolyServe, where he drove strategic marketing and communications initiatives and led product marketing through the company’s 2007 acquisition by Hewlett-Packard. Newby also held marketing leadership roles at Mercury Interactive, Kintana and Silicon Graphics.

 

“Workday has established a strong leadership position in SaaS-based HR and Financials for the enterprise through rapid product development, technical excellence and an unwavering commitment to our customers,” said Dave Duffield, CEO and chief customer advocate of Workday. “Both Aneel and I are extremely proud of these accomplishments and of the entire Workday team. This investment reflects both those achievements and the tremendous market opportunity in front of us. We are pleased to welcome Scott Sandell to our board, as he brings with him outstanding experience growing companies such as Data Domain and WebEx into industry leadership positions. We are also excited to welcome Clark to the Workday management team. His experience and track record in rapidly growing companies extends the depth of our organization as we plan for growth in 2009 and the years ahead.”

 

“Workday has established a new category in SaaS solutions for the enterprise, and the company’s impressive customer base demonstrates the fast pace of this industry shift to on-demand for core applications such as HR and Financials,” said Scott Sandell, general partner at NEA. “This type of technology transition only comes around every 10-15 years, and NEA is pleased to support Workday’s expanding leadership with this investment. I’m personally looking forward to supporting Dave Duffield and Aneel Bhusri, two of the most capable and experienced leaders in enterprise software.”

 

“Workday has quickly established itself as the leader in SaaS-based business applications, based on a phenomenal track record of rapid product and technology innovation coupled closely with a commitment and a passion for customer success,” said Newby. “It is a privilege to join the Workday team as we are poised to drive this major technology shift to SaaS for core systems within the enterprise.”

 

For more information on Workday, please visit www.workday.com

Matt Lafata, HRchitect

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HRmarketer.com Acquires HRVendors.com and HR Vendor Phonebook…from HRmarketer.com

April 29, 2009

 

Products will expand marketing firm’s wide-ranging menu of service and tools, giving customers additional means to reach human capital decision-makers

 

Fisher Vista, LLC, owner of HRmarketer.com, the premier marketing software and services firm in the human resources industry, has acquired Outcalt & Associates, Inc., the owner of HRVendors.com and the HR Vendor Phonebook and Directory.

 

Fisher Vista will acquire all stock of Florida-based Outcalt & Associates in an all-cash transaction. HRVendors.com and the HR Vendor Phonebook will be merged into HRmarketer.com’s full-service menu of services and technology; however, both will retain their current product names. The phonebook is considered the foremost directory of human resource and employee benefits vendors, with more than 4,500 vendors listed in the 2009 edition.

 

Acquiring the Phonebook and web-based, lead-referral service HRVendors.com boosts HRmarketer.com’s ability to help its clients reach HR professionals and decision-makers via web sites, print media and e-mail–as well as enabling HR vendors to dramatically increase their online visibility, web site traffic and sales leads.

 

Dr. Joe Outcalt, founder and president of Outcalt & Associates, will be retained by Fisher Vista to assist in managing the business.

 

“Dr. Outcalt built a wonderful and highly respected business over the last 30 years and we are both fortunate and privileged to have this opportunity to continue his tradition,” said Mark Willaman, Fisher Vista founder and president. “This acquisition strengthens our position as the ‘go-to’ marketing firm in the HR industry. Whenever the economy and human resource marketplace returns to more robust growth, HRmarketer.com will be stronger and better-positioned as a leader in the industry.”

 

“After thirty years of service in the personnel/human resource industry, I’m excited to see the next generation of HR professionals move a proven system forward for the benefit of all,” said Dr. Outcalt.

Matt Lafata, HRchitect

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StepStone Announces Global Seminar Series “HR’s Time to Shine”…from StepStone

April 29, 2009

 

HRchitect featured StepStone in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider.

 

StepStone (OSE:STP)(LSE:STPS), the leading provider of human capital management solutions, today announced a series of global seminars spanning 21 cities designed to highlight how it’s now HR’s time to shine. The roadshow will demonstrate how HR departments can take advantage of the slowdown and show their true value by helping their organisation win what StepStone has identified as the Cold War for Talent. A global survey of the world’s largest employers, published recently by StepStone, showed that despite widespread redundancies, many organisations are still finding it difficult to recruit and retain top talent.

 

StepStone’s seminars, which will take place during May and June visiting cities in the UK, Europe, Asia Pacific, Middle East, Africa and North America, will discuss how HR can increase its positive impact on the business by retaining its greatest talent assets, assess and develop employee skills to optimise internal resources and how to minimise the effects on workforce motivation if redundancies prove unavoidable.

 

The seminar will allow attendees to learn from other organsiations, including Mouchel about the talent management challenges they have faced as well as industry experts, such as PA Consulting who will be sharing their best practice thinking on workforce planning and analytics. The interactive sessions provide a unique opportunity for HR executives to evaluate their Talent Strategy with StepStone’s assessment tool, share experiences, network with other talent management professionals and focus on a specific topic of choice in a 1:1 session with a StepStone Best Practice Consultant.

 

“Our events come at a crucial time for the HR industry,” explains Jim Cassidy, Chief Marketing Officer. “Our recent global research identified the slowdown as an opportunity for HR to shine. Under the guidance of HR, a company can extract huge value from its talent strategy, drive cost savings and optimise its workforce. HR should hold the responsibility of managing internal and external talent, helping the business reposition itself for success once recovery begins.”

 

For more information on StepStone, please visit www.stepstone.com

Matt Lafata, HRchitect

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HRsmart Teams with RiseSmart to Offer Next-Generation Outplacement Services to HRsmart Customers…from HRsmart

April 29, 2009

 

Talent Management software provider to add RiseSmart’s Web-enabled “Outplacement 2.0″ solution to its portfolio of services

 

HRchitect featured HRsmart in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider.

 

HRsmart, a leading global provider of integrated Talent Management software, and RiseSmart, a provider of Web-enabled job search and outplacement services, today announced an agreement under which HRsmart will resell RiseSmart’s Transition Concierge corporate outplacement services through HRsmart’s U.S. sales channels.

 

RiseSmart Transition Concierge provides high-touch, results-oriented outplacement services at a fraction of the cost of traditional firms. Industry observers have hailed RiseSmart’s “Outplacement 2.0″ approach as a disruptive innovation in a marketplace that has been paying too much for transition management services for too long.

 

“HRsmart prides itself in delivering talent management solutions that are not only technologically superior, but also meet the need of the hour while remaining cost-effective,” said Hanny Shehadeh, chief product officer of HRsmart. “RiseSmart has found an ingenious way to apply technology to dramatically reduce the cost of corporate outplacement – while granting departing employees a more effective action plan. We are delighted to offer the RiseSmart Transition Concierge services to our more than 650 corporate customers, including some of the largest companies in the world.”

 

“HRsmart is a leader in technology that helps companies manage all of their human capital, from candidate sourcing to employee development and, when the time comes, employee departures,” said Sanjay Sathe, founder and CEO of RiseSmart. “We’re honored that HRsmart has chosen to market RiseSmart Transition Concierge to its established and loyal customer base.”

 

RiseSmart Transition Concierge provides transitioned employees the services they need most during today’s challenging economy: help with marketing themselves through a rewrite of their resumes and cover letters; guidance from a transition specialist, including assistance in using online social networks; and — most importantly — actionable job leads from across the Web based on their specific criteria, for a period of up to six months.

 

To identify these job leads, a dedicated RiseSmart HR professional is assigned to each transitioned employee. Utilizing state-of-the-art search technology, the HR professional searches more than one million job listings across the Web, returning only the listings that best match the employee’s specific criteria. RiseSmart then listens to employee feedback to continually enhance the results it delivers to each transitioned worker.

 

BusinessWeek has touted the RiseSmart business model as making “a lot of sense,” and the San Jose Mercury News says, “RiseSmart typifies the valley’s knack for using technology to disrupt standard business practices.” HR executives from Fortune 500 companies like ACS and Tenet Healthcare have also praised RiseSmart Transition Concierge.

 

For more information about HRsmart, please visit www.hrsmart.com. For more information about RiseSmart, please visit www.risesmart.com

Matt Lafata, HRchitect

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TalentDrive and Broadbean Announce Recruitment Technology Partnership…from TalentDrive

April 28, 2009

 

Offers Seamless Technology Integration between TalentFilter and Broadbean’s AdCourier

 

Sean Bisceglia, CEO with TalentDrive, participated in the HRchitect WebMingle on April 24, 2009

 

TalentDrive, the creator of the SaaS recruitment technology, TalentFilter, announced today a partnership with UK based Broadbean, Europe’s leading job posting aggregator. This partnership brings US and North American users a comprehensive product that offers advanced resume sourcing and matching, job advert distribution, and recruitment marketing, all in one unified location.

 

This alliance allows Talentfilter to directly integrate with Broadbean’s job posting technology, AdCourier, offering users an advanced product that proactively searches and sources candidates from over 11,000 online free and paid resume database locations based on the recruiter’s job posting requisition. By joining forces, users are now able to find highly filtered and matched resumes through seamless integration. This partnership combines two powerful recruitment technologies, offering the market a unified search solution.

 

“We are pleased to have the opportunity to work with an industry leader such as Broadbean to offer users an integrated recruitment tool that will help solve the common issue- unifying and managing the entire recruitment process. Broadbean’s innovative approach coincides with our mission and will be a strong partner to work with in the future,” said Sean Bisceglia, CEO TalentDrive.

 

“A partnership with a proven leader in the recruitment sector that offers a parallel product offering to our own, AdCourier, was an easy decision. TalentFilter brings solutions to additional components in the recruitment process, so the combined product offering provides our clients with the complete package. We are excited to begin what we hope to be a very valuable partnership with TalentDrive,” said Kelly Robinson, CEO & Founder Broadbean.

 

For more information on TalentDrive, please visit www.talentdrive.com. For more information on Broadbean, please visit www.broadbean.com

Matt Lafata, HRchitect

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Softscape Learning Management Software Recognized in Leading Industry Analyst Report…from Softscape

April 28, 2009

 

Bersin & Associates Study Highlights Softscape’s Market Presence and Extensive Capabilities in Talent Management Software

 

HRchitect featured Softscape in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. Dave Watkins, CEO of Softscape, will participate in the HRchitect WebMingle on June 5, 2009.

 

Softscape, the global leader in integrated people management software, today announced that the latest Bersin & Associates study, LMS and Learning Platforms 2009: Facts, Practical Analysis, Trends, and Provider Profiles, identifies Softscape as showing significant growth over the past year and making it among the highest in terms of “market presence” in the Learning Management System (LMS) industry.

 

According to the Bersin & Associates study, “Softscape is one of a handful of LMS providers that has extensive capabilities in talent management functionality. The application suite is also highly configurable, enabling customers to modify the menus, look-and-feel, workflows, and security options based on their business demands. Customers can choose to “turn on” additional applications, without the need for costly outside professional services, as they further expand their talent management requirements.”

 

Bersin & Associates is the only research and advisory firm focused solely on research in enterprise learning and talent management. The company’s WhatWorks® research and research-based services are designed to deliver actionable and practical guidance and to improve operational effectiveness and business impact.

 

The report also notes, “Overall, we believe that Softscape’s talent management capabilities are its biggest differentiator in the LMS marketplace. This expertise makes it a strong choice for companies seeking a well-integrated talent solution.”

“For over fourteen years, Softscape has pioneered how organizations can better improve the development of their workforces,” said Dave Watkins, Softscape CEO and co-founder. “As an industry expert, Bersin & Associates has a clear perspective of this market and customer needs. This recognition, along with Softscape’s 98% customer retention rate, is further testament to our momentum in the people management software marketplace.”

 

The full report is available at http://www.bersin.com/Lib/Rs/Details.aspx?Docid=10339574

 

For more information about Softscape’s solutions, please visit http://www.softscape.com.

Matt Lafata, HRchitect

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SuccessFactors Announces Availability of EasyReviews, a Free, Web-Based Solution for Managers to Create Fast and Professional Performance Reviews…from SuccessFactors

April 27, 2009

 

SuccessFactors Continues to Innovate and Deliver Value Worldwide with Easy to Use Applications Available to Everyone via the Enterprise Cloud

 

HRchitect featured SuccessFactors in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider.

 

SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in on-demand performance and talent management solutions, announced today the availability of EasyReviews, an easy to use application for individual managers to create fast and professional performance reviews online.

 

Ideally suited for an individual manager conducting reviews on up to ten employees, EasyReviews is a highly useful and complimentary solution that gives users immediate access to the SuccessFactors on-demand platform and enables users to experience the value of SuccessFactors with zero investment.

 

With SuccessFactors EasyReviews, managers can write professional performance reviews on their direct reports quickly, painlessly and from anywhere. EasyReviews is designed for managers working at companies of all sizes and includes a simple 3-step guide to help managers get started, built-in performance review templates and a powerful “writing assistant” to help managers provide high quality feedback to their employees. EasyReviews, which is built on SuccessFactors’ on-demand platform, is available today and can be accessed at http://www.successfactors.com/easyreviews/.

 

“SuccessFactors continues to push the envelope on innovation and the social enterprise with highly intuitive, unique offerings that deliver powerful value,” said Lars Dalgaard, founder and CEO of SuccessFactors. “EasyReviews delivers ease of use and drop dead simplicity in line with today’s most popular consumer services. Ultimately, we want everyone in the world to benefit from our products, and this is the next step for us to spread SuccessFactors’ value across the globe and increase worldwide productivity by 50 percent.”

 

For more information on SuccessFactors, please visit www.successfactors.com

Matt Lafata, HRchitect

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HRsmart Names Patrick Aulson as Executive Vice President of Corporate Development…from HRsmart

April 25, 2009

 

HRchitect featured HRsmart in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Talent Acquisition Systems vendors that businesses should consider.

 

HRsmart, the leading global talent management software company, today announced the addition of Patrick Aulson to its executive management team. Aulson will assume the role of Executive Vice President of Corporate Development for HRsmart.

In this role, Aulson will be responsible for strategic planning and developing new business initiatives for HRsmart with third parties, strategic alliances and mergers and acquisitions.

HRsmart continues to experience considerable growth and has established itself as the provider of the most advanced technology for human capital management globally, said Mark Hamdan, Chief Executive Officer for HRsmart. We are excited about the benefits Pats experience will bring to HRsmart to further position the company for future growth.

Aulson has served in a number of senior and executive HR roles in a variety of industries including high technology, financial services, manufacturing, consumer products and higher education, and is on the board of Workforce Solutions of Greater Dallas, a non-profit group responsible for the research, planning and oversight of a variety of federal and state workforce programs.

Prior to joining HRsmart, Aulson was the Senior Vice President of Human Resources for Turner Construction Company, the nations leading general builder. He led International Human Resources for The Associates, a financial services company now part of CitiGroup, and was the Vice President of Human Resources and Corporate Services for AMRE, a NYSE company involved with direct marketing under the Sears and later Century 21 Home Improvements brand names. Aulson also served as the Vice President of Human Resources for Republic Financial Services, a subsidiary of Winterthur Swiss Insurance Company and held various positions at Texas Instruments in staffing, training and development, employee relations, compensation and benefits.

Aulson holds an MBA from Southern Methodist University in Dallas, Texas, and a Bachelors of Science in Psychology from Northeastern University in Boston, Massachusetts.

HRsmart has received accolades from key analyst firms regarding its product vision and functionality. Industry observers have hailed HRsmarts Talent Management Suite functionality as being very strong, and stated HRsmart has a comprehensive vision for an integrated talent management suite.

 

For more information on HRsmart, please visit www.hrsmart.com


Matt Lafata, HRchitect

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SumTotal Enters Into Merger Agreement With Accel-KKR…from SumTotal Systems

April 24, 2009

 

SumTotal Stockholders to Receive $3.80 per Share in Cash

 

HRchitect featured SumTotal Systems in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. SumTotal Systems competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Kimberley Kasper, VP of Marketing with SumTotal Systems will participate in the HRchitect WebMingle on May 1, 2009.

 

SumTotal Systems, Inc. (NASDAQ: SUMT), the market leader and a global provider of talent development solutions, today announced that it has entered into a definitive merger agreement with affiliates of Accel-KKR, a technology-focused private equity firm, in a transaction valued at approximately $124 million.

Under the terms of the agreement, affiliates of Accel-KKR will acquire all of the outstanding shares of SumTotal common stock for $3.80 per share in cash. The purchase price represents a premium of approximately 89% over SumTotal’s closing share price on April 3, 2009, the last trading day prior to the public announcement of an unsolicited proposal from another party to acquire SumTotal for $3.25 per share in cash, and a premium of approximately 133% over SumTotal’s average closing share price for the 30 trading days ending on April 3, 2009.

SumTotal’s Board of Directors has unanimously approved the agreement and recommends that SumTotal stockholders approve the transaction.

Jack Acosta, Chairman of the Board of Directors of SumTotal, said, “After thorough and extensive analysis, and in consultation with our independent advisors, our Board has unanimously endorsed this transaction with Accel-KKR as being in the best interests of the Company and our stockholders. We are pleased that this transaction appropriately recognizes the value of SumTotal’s innovative software products and category leadership, while providing our stockholders with an immediate and substantial cash premium. Our Board has been steadfastly committed to maximizing value for our stockholders, and we believe that this premium, all-cash transaction with Accel-KKR is the best way to accomplish that goal.”

“This transaction with Accel-KKR is a great opportunity for both our Company and our customers,” said Arun Chandra, Chief Executive Officer of SumTotal. “We are proud to partner with Accel-KKR, which has a strong reputation and a proven track record of success in guiding technology companies. Accel-KKR understands our industry and our business well, and will be a valued partner as we build upon our momentum and continue to implement our strategic plan to deliver superior solutions to our customers globally. SumTotal’s success is driven by the hard work and dedication of our employees and this transaction is a testament to their ongoing efforts. We look forward to working closely with Accel-KKR to quickly complete the transaction.”

Ben Bisconti, Managing Director at Accel-KKR, said, “We are excited to make this investment in SumTotal, an exceptional company with a clear vision, market leadership, and a strong commitment to its employees, partners, and customers around the world. Accel-KKR shares this vision and commitment, and strongly supports the Company’s long-term business goals. We look forward to working closely with SumTotal’s talented employees and highly experienced management team, who have built a solid foundation from which we can drive further growth and enhance value. We look forward to working collaboratively with the SumTotal team and ensuring a smooth and expeditious transition, and continued success in the execution of the Company’s strategy going forward.”

The transaction is subject to customary closing conditions, including the approval of SumTotal’s stockholders. There is no financing condition to the transaction.

The agreement contains a provision under which SumTotal may solicit alternative proposals from third parties during the next 30 calendar days.

RBC Capital Markets Corporation is acting as financial advisor to the Board of SumTotal, and Wilson Sonsini Goodrich & Rosati, Professional Corporation, is acting as SumTotal’s legal advisor. Kirkland & Ellis LLP is acting as legal advisor to Accel-KKR.

 

For more information about SumTotal Systems, please visit www.sumtotalsystems.com

Matt Lafata, HRchitect

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HRchitect’s Matt Lafata Appointed to IHRIM.link Editorial Committee

April 24, 2009

 

HRchitect, the leader in HR systems strategic consulting and the premier Human Capital Management (HCM) and Talent Management systems consulting firm, is proud to announce that Vice-President of Sales and Marketing, Matt Lafata, has been appointed to the IHRIM.link Editorial Committee for a two-year term.

 

IHRIM.link is the flagship, bi-monthly publication of IHRIM. Year after year, member surveys indicate that the publication ranks as the #1 or #2 member benefit for IHRIM members.  Quality editorial content is presented free-of-charge to IHRIM members as advertising funds the production of the magazine. The IHRIM.link committee is committed to assembling a diverse group of editors that represent a wide cross section of the human resources information management industry.

 

“We are pleased that Matt has been appointed to the IHRIM.link Editorial Committee,” stated Rick Fletcher, President and Founder of HRchitect. “Matt has one of the largest networks in the HR technology industry and his contacts and knowledge will be a big benefit to the IHRIM.link publication and the IHRIM community at large. I personally served on the committee for a number of years and helped move the publication from “The Review”, which was published four times a year, to the current IHRIM.link publication. HRchitect and its people have been big supporters of IHRIM over the years having served on committees, past IHRIM Summit award winners, and more, and this is just another way for us to give back to the community.”

 

Some of Matt’s qualifications that helped him get appointed to the IHRIM.link committee include:

 

·         Maintaining two blogs at HRchitect – http://hrchitect.wordpress.com and http://hrchitectvendornews.wordpress.com.

·         Involvement in creating the monthly newsletter for HRchitect, The HR Authority

·         Writing frequent presentations and webinars on HR Technology

·         Speaking at many industry events and user conferences

·         Host of the weekly HR Technology Happy Hour WebMingle – a live broadcast where key people in the HR Technology industry are interview. The WebMingle has become the most popular live Internet show in the HR technology industry

·         Host and moderator of the HRchitect Beauty Pageant webinar series where HR technology vendors compete to be crowned the winner

·         Chair of the IHRIM-DFW regional HR technology event that was put on in Frisco, TX in March 2008

·         Chair of theHRshow – the largest regional HR technology conference and expo

 

“I am honored to be appointed to work alongside other dedicated volunteers to try and further improve on an already excellent publication for HR information management professionals,” added Matt Lafata, Vice-President of Sales and Marketing for HRchitect. “I have spent a tremendous amount of time monitoring the HR technology space over the past few years for trends, keeping tabs on what vendors are doing, and reading publications, blogs, and other social networking sites related to HR technology. This has helped me gain the knowledge I have today that is currently expressed through my own contributions to blogs, social networking sites, educational webinars, presentations and more and I feel the IHRIM.link opportunity will allow me to reach a broader audience with timely and useful information.”

 

Visit HRchitect.com to learn more about Matt Lafata and HRchitect. The web site also shows where HRchitect can be found in 2009 as well as schedules of upcoming Beauty Pageants, WebMingles, and other educational events.

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SilkRoad Partners with Simply Hired…from SilkRoad Technology

April 24, 2009

 

Partnership with World’s Largest Job Search Engine Expands SilkRoad Clients’ Reach

 

HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, where they were crowned the winner. Brian Platz, EVP and COO with SilkRoad, also participated in the HRchitect WebMingle on March 20, 2009.

 

SilkRoad technology, a leading provider of talent management solutions, announced today they have partnered with Simply Hired, the world’s largest job search engine and advertising recruitment network, indexing more than five million job listings worldwide.

 

SilkRoad’s partnership with Simply Hired will allow SilkRoad customers to expand their reach to potential candidates. Jobs indexed by Simply Hired through OpenHire, SilkRoad’s recruiting management solution, will provide customers the ability to distribute and include their jobs in the organic listings on Simply Hired’s network of over 5000 new locations, including social networking sites such as Facebook, LinkedIn and Plaxo. This partnership will allow SilkRoad customers to reach both active and passive job seekers in new and innovative ways.

 

In addition, OpenHire customers will benefit from the automated tracking integration with Simply Hired. By automatically populating the source code when a candidate applies for a job through OpenHire, this will ensure more accurate ROI measurements by recruiters wanting to track their online recruiting efforts. OpenHire clients can take advantage of Simply Hired’s free Job Rank reports, which contain information about how well a company’s jobs are performing in the Simply Hired searches, including the number of clicks for that listing, the positing of the listing within the search results, similar searches, and the names of competitors with similar titles.

 

“We are looking forward to working with SilkRoad’s OpenHire customers to assist them in distributing their jobs to an even broader range of outlets,” said Simply Hired’s Tejas Saraiya, Director of Marketing and Product. “Simply Hired’s integration with OpenHire will make it even easier for companies to reach not only active candidates, but also those passive candidates which are often times so hard to reach.”

 

Simply Hired aggregates jobs from thousands of sources including major job boards, company websites, news outlets, and niche vertical sites, allowing job seekers “one-stop searching.” In addition to helping people to find their next job in the most efficient way possible, Simply Hired provides a “Who do I Know™” function that allows searchers to look up possible contacts at potential new companies via LinkedIn; a venue to research salary information; links to maps to help determine commuting details and other job seeker tools.

 

Companies have been using OpenHire to find and track top talent since 1998. Their patented job board integration, career site portals, intelligent searching, screening tools, and candidate communication tools make it easy to streamline workflow and lower recruiting costs, all while improving efficiency. These features, combined with Simply Hired, will allow SilkRoad customers to reach the maximum number of candidates in the most efficient way possible.

 

“We are very excited to be working with Simply Hired,” said SilkRoad COO, Brian Platz. “They have found an innovative and forward-thinking way of taking something that is typically an arduous task for job seekers, and making it simple and efficient. This is the same goal we work towards when providing talent management solutions to our customers.”

 

For more information on SilkRoad, please visit www.silkroad.com. For more information on Simply Hired, please visit www.simplyhired.com

Matt Lafata, HRchitect

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Being Green Is Still in Fashion in the Workplace…from Kenexa

April 23, 2009

 

Kenexa Research Institute Finds That Global Businesses Continue to Practice Eco-Friendly Behavior Even in Economically Challenging Times

 

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Talent Acquisition Systems vendors that businesses should consider. Ron Hanscome, VP of Product Strategy with Kenexa, will appear on the HRchitect WebMingle on June 26, 2009.

 

The Kenexa Research Institute (KRI) recently examined how workers feel about their organization’s green and sustainable business practices. The Kenexa (NASDAQ:KNXA) Green Business Study database includes survey results from workers in Canada, France, Germany, India, Spain, the United Kingdom and the United States.

 

According to the survey, employees in India reported the most frequent positive responses (85%) to the question of whether their organization had green/environmentally friendly business practices. In comparison, only 6 of 10 organizations in the U.S. whose workers responded to the question were in agreement. The findings demonstrate that, even in a time of fairly substantial economic challenges for most organizations, many are still practicing green or eco-friendly efforts.

 

Further analysis of the data shows that organizations in the U.S. lag significantly behind organizations in the U.K., Germany, France, Canada, India and Spain in terms of formally outlining their environmental position, providing a clear description of the organization’s environmental objectives, having genuine efforts for protecting the environment, and encouraging their employees’ creativity to find ways to protect the environment.

 

In a somewhat different pattern, however, employees in U.S. organizations reported feeling more pride in working for their organization when the organization was employing green business practices (57%) than did employees in the other countries in this study (49% average), except for those workers in India (80%). Further, employees in the U.S. (54%) and in India (71%) reported more favorable responses toward their organization’s efforts to prioritize their environmental practices in how they operate.

 

“Although there appear to be opportunities for U.S. organizations to improve their environmental focus relative to organizations in other countries, employees who work in organizations that do focus on environmental initiatives and actions report stronger pride in the organization. This shows that organizations, even while facing challenges through the state of the economy, can reap the rewards of being environmentally conscious,” said Dr. Anne Herman, Kenexa Research Institute.

 

For more information on Kenexa, please visit www.kenexa.com

Matt Lafata, HRchitect

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CATS Software, Inc. Makes European Market Debut in Holland…from CATS Software

April 23, 2009

 

CATS Software, Inc., a leading developer of Web 2.0 HR and recruiting software solutions, is pleased to announce their debut into the European market with the official launch of a Netherlands-based CATS Applicant Tracking System

 

CATS Software, Inc., a leading developer of Web 2.0 HR and recruiting software solutions, is pleased to announce their debut into the European market with the official launch of a Netherlands-based CATS Applicant Tracking System (www.catsone.nl). This marks another effort toward expanding the CATS brand for the global market.

 

The company’s Netherlands presence is a joint venture between CATS and Robuust Groep BV, Amsterdam-based experts on human resources and consulting. This represents the first cooperative effort between CATS and an organization outside the United States. After months of work, the result is the availability of the CATS software completely in the Dutch language, as well as an all-Dutch version of the CATS website. Both the site and the software include support for the Euro currency as well as local support from a team in Amsterdam – a distinct advantage for European clients.

 

Asim Baig, president of CATS Software, Inc., is excited about the new development. “We’ve been working with the Robuust Groep for a few months to pilot the Dutch version of our product and website, and we’ve already had the soft launch early this spring. I’m very proud of our team and the job they’ve done in putting all of this together.”

 

Robuust Groep BV is equally as enthusiastic. President Jos Bodewes said that the market for HR solutions in the Netherlands is dynamic, and demand is high. “We frequently have to depend on English solutions coming from the U.K. or the U.S., which can be quite expensive. The idea of a local alternative in the Dutch language with a local support team should energize the market quite a bit.”

 

Additionally, Baig stated, “One-quarter of our customers are non-US, with a sizeable number based in Europe. We’ve had great demand for European versions of CATS in order to provide enhanced language, localization, and native customer support. This development will pave the way for the availability of CATS in another two dozen countries such as France, Italy, and the UK, to name a few.”

 

For more information about CATS Software, please visit www.catsone.com

Matt Lafata, HRchitect

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Workstream Crowned HRchitect’s 2009 Compensation Planning Winner! …from Workstream

April 22, 2009

 

Workstream showcases its leading compensation planning capabilities by being named the winner of HRchitect’s 2009 Compensation Planning Software Beauty Pageant.

 

HRchitect featured Workstream in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider.

 

Compensation and HR professionals throughout the nation gathered virtually on Friday, April 17th to view compensation planning solutions from leading vendors in the space as part of the latest in a series of HR technology webinars presented by HRchitect, the leader in HR systems strategic consulting. Workscape, Salary.com (NASDAQ: SLRY), and HCR Software delivered strong presentations, but in the end, the audience selected Workstream (NASDAQ: WSTM) as the 2009 winner.

 

Workstream’s selection as the winning entrant reflects the company’s position as the provider that best demonstrates how their compensation planning software can help organizations maximize their compensation dollars. Workstream Compensation streamlines cumbersome and inefficient processes while helping clients inspire their people and transform their organizations through tools that recognize and motivate superior performance.

 

“Workstream, under the Kidiri brand, was the original pioneer in the compensation planning space and we remain committed to being the preeminent enterprise solution on the market. It is great to see that our continued investment in the compensation domain and our compensation product is being recognized. Our clients benefit from the solution’s ability to guide managers to the right decisions through superior decision support tools, including real-time graphical dashboards and dynamic in-line analytic displays. Not only can we substantially simplify the process, but we can also help planning managers leverage their compensation dollars and make award decisions based upon merit, budget, and market data.” Scott Pruitt SVP, Sales & Marketing Workstream.

 

“As we highlighted in our 2008 HRchitect’s report, “The Suite Life of Integrated Talent Management,” Workstream’s Compensation product is robust and proven with a blue-chip list of customers. With the dramatic turnaround of their financial position, including another profitable quarter for Q3 FY09, Workstream is positioned to lead once again” Matt Lafata, Vice-President, Sales & Marketing HRchitect.

 

Workstream provides on-demand compensation, performance, and talent management solutions and services that help companies manage the entire employee lifecycle. Workstream’s talent management solution provides a unified view of all Workstream products and services, including Workstream’s dynamic Pay for Performance solution. Beyond mere process automation, Workstream’s TalentCenter enables strategy execution by providing superior decision support to help users align decisions with organizational strategy and vision.

 

Access to Workstream’s talent management solution is offered on a subscription basis under an on-demand software delivery model to help companies build high performing workforces, while controlling costs. With offices across North America, Workstream services such customers as Kaiser Permanente, Marshfield Clinic, Chevron, The Gap, Nordstrom, and Wells Fargo.

 

For more information on Workstream please visit www.workstreaminc.com  

Matt Lafata, HRchitect

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