July 29, 2011
- Record total bookings of $125.4 million in fiscal year 2011, up 13% year-over-year
- Record deferred revenue of $45.8 million at the end of fiscal year 2011, up 24% year-over-year
- Annual contract value of new SaaS bookings grew 276% in the fourth quarter of 2011 and grew 210% in fiscal year 2011 over the respective year ago periods
- SaaS revenue grew 59% in the fourth quarter of fiscal year 2011 and 33% in fiscal year 2011 over the respective year ago periods
- Added 153 new enterprise customers in fiscal year 2011; 40 in the fourth quarter
HRchitect featured Saba 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. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009. Matt Lafata with HRchitect attended the 2010 Saba Global Summit and Analyst Day in Boston, MA. Matt Lafata & Tiffany Appleby attended the Saba Global Sales Rally FY12 in June 2011 in Redwood City, CA.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Saba (NASDAQ: SABA), the premier People Cloud provider, today reported financial results for its fourth quarter and fiscal year ended May 31, 2011.
“We grew our SaaS bookings 276% and SaaS revenue 59% in the fourth quarter of fiscal year 2011. We now have one of the fastest growing SaaS businesses among public companies,” said Bobby Yazdani, Chairman and CEO of Saba. “We signed four of the five largest transactions in our history during the fiscal year, with all four customers selecting Saba People Cloud Applications. The transformation of our business to SaaS from license is well ahead of plan. I want to take this opportunity to thank the Saba team for all their hard work and dedication, and congratulate them on their success in enabling Saba to become a world-class SaaS company.”
SaaS revenue steadily increased during fiscal year 2011, growing 8% in the first quarter, 19% in the second quarter, 42% in the third quarter, and 59% in the fourth quarter over the respective year-ago periods. Nine of our 12 largest deals in the fourth quarter were for SaaS offerings. The number of new SaaS transactions over $50,000 increased almost three-fold in fiscal year 2011 over fiscal year 2010.
Results for the Fourth Quarter and Fiscal Year 2011
Revenues: Total GAAP revenues were $29.9 million in the fourth quarter of fiscal year 2011, up 1% from $29.6 million in the same quarter last year. Total Non-GAAP revenues in the fourth quarter of fiscal year 2011 were $30.0 million, up 1%, compared to $29.6 million in the same quarter last year. Non-GAAP revenues reflect the exclusion of the fair value adjustments to deferred revenue due to acquisitions.
For fiscal year 2011, total GAAP revenues increased to $116.7 million from $109.6 million in the year ago period. Total Non-GAAP revenues for fiscal year 2011 increased 7% to $116.7 million from $109.6 million in the year ago period.
Deferred Revenue: Total Deferred revenue increased to a record $45.8 million at the end of the fourth quarter of 2011, growing 24% year-over-year and 8% sequentially.
Fourth Quarter Investments: During the fourth quarter, we accelerated our investments in a number of key areas by approximately $2.0 million or $0.07 per share to support our fiscal year 2012 growth initiatives. Areas of investment included:
Sales Force Expansion — added country managers in Canada, India, and China and continued expansion of sales capacity and management in existing and new markets
International Expansion — launched our operations in China and grew our operations in Latin America and Asia Pacific
Cloud Operations – invested in our global cloud operations in preparation for the major release of our new People Cloud Applications which is planned for this Fall and invested in a number of new technological innovations that are planned to be released throughout fiscal year 2012. We also added key executives to run our Cloud business including Shawn Farshchi as Executive Vice President and Chief Operating Officer and Daniel Lipkin, Vice President of Technology
Acquisitions — closed our acquisition of two leading testing and assessment software companies
Earnings (Loss) per Share: GAAP loss per share was $0.17 in the fourth quarter of fiscal year 2011 compared to fully diluted earnings per share of $0.03 in the same period last year. Non-GAAP loss per share was $0.10 in the fourth quarter of fiscal year 2011 compared to non-GAAP fully diluted earnings per share of $0.08 in the fourth quarter of last year.
For fiscal year 2011, GAAP loss per share was $0.26 compared to fully diluted earnings per share of $0.09 in fiscal year 2010. Non-GAAP loss per share was $0.02 in fiscal year 2011 compared to non-GAAP fully diluted earnings per share of $0.29 in fiscal year 2010.
Our non-GAAP results are calculated by adjusting GAAP results for the impact of certain items including (i) non-cash amortization of intangibles, (ii) non-cash charges related to share-based compensation expenses, (iii) non-operating reorganization costs, (iv) fair value adjustments to deferred revenue due to acquisitions and (v) other acquisition related costs for legal and accounting services. A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.
Cash: Cash flow from operations was $4.0 million in fiscal year 2011, and cash and cash equivalents at May 31, 2011 were $25.9 million.
Share Repurchase: The Company repurchased 243,648 shares of common stock during the quarter for $2.3 million, bringing the total number of shares repurchased under its share repurchase program to 777,291 shares for an aggregate purchase price of approximately $5.5 million. The Company now has approximately $4.5 million remaining under the repurchase program.
Customers: We added 40 new enterprise customers in the quarter including Fiat/Chrysler, Shire Pharmaceuticals, Fitch Ratings, and Kumon Institute of Education.
In addition, we expanded our footprint with a number of our existing customers in the quarter including W.W. Grainger, Five Guys, Union Bank, Bio-Rad, Novartis, France Telecom, and Kronos.
Partners: We added 14 partners in the fourth quarter including Aon/Hewitt, Satyam, and British Telecom. We have signed 36 new partners in fiscal year 2011 bringing our total number of partners to 107. Our partners once again contributed over 50% of our new business in the quarter.
Acquisitions: We acquired Pedagogue Solutions and Comartis, two leading software companies in the testing and assessment market. These companies provide the foundation of our new Testing and Assessment offerings. “The ability to test and assess skill levels and learning effectiveness is an essential element of any learning management system,” said Bobby Yazdani, Chairman and CEO of Saba. “Organizations need to understand how effectively their people are trained and whether the imparted knowledge and developed skills are being successfully applied. In addition, our new testing and assessment offerings broaden our market opportunities beyond the traditional talent management space.”
Business Outlook
The following statements are based on current expectations as of the date of this release. These statements are forward-looking, and actual results may differ materially. Saba does not undertake any obligations to update these forward-looking statements.
For fiscal year 2012, ending May 31, 2012, we are forecasting total GAAP revenues in the range of $130 million to $133 million.
We are forecasting total bookings to grow approximately 16% to 18% in fiscal year 2012 over fiscal year 2011 with SaaS bookings growth in excess of 110% in fiscal year 2012 over fiscal year 2011.
We expect our operating income in fiscal year 2012 to be impacted by our recent success in selling multi-hundred thousand subscribers on the Cloud. As part of the adoption of Financial Accounting Standards Board standard for multiple-element revenue arrangements, ASU 2009-13, for certain transactions, we are required to recognize a portion of the respective professional services revenue ratably over the life of the contract while incurring the professional services expense upfront. We estimate this to negatively impact our earnings per share by $0.06 to $0.08 in fiscal year 2012.
As such, we are forecasting GAAP net loss to range from $0.39 to $0.45 per share and non-GAAP net loss to range from $0.17 to $0.23 per share.
Fiscal year 2012 non-GAAP outlook excludes non-cash amortization of intangibles, charges related to stock-based compensation expenses and the impact to revenue for fair value adjustments to deferred revenue due to acquisitions.
For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect
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HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Bobby Yazdani, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Learning Management, Matt Lafata, people cloud, Saba, Talent Management, WebMingle | 
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Posted by mattlafata
July 29, 2011
Report identifies screening trends and best practices based on survey of human resource and security professionals
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
HireRight, a leading provider of employment screening solutions, today announced the availability of the HireRight Employment Screening Benchmarking Report, 2011 Edition. This popular report identifies common screening practices and important issues and trends related to background checking, drug and alcohol testing, and employment eligibility. It is based on a survey of nearly 1,800 human resources, talent management, recruiting, security, safety and other professionals from organizations of all sizes across a broad range of industries around the world. A copy of the report can be accessed at www.hireright.com/benchmarking.
“The HireRight Employment Screening Benchmarking Report is now in its fourth year and has become an important informational tool for organizations to reference in designing and fine-tuning their employment background checking, drug testing, and employment eligibility programs,” said Mike Petrullo, HireRight president and CEO. “Our goal with the report is to help employers gain a better understanding of what their peers are dealing with and how other organizations construct and operate their employment screening and eligibility programs.”
The 2011 Benchmarking Report shows a modest continuation of hiring and retention optimism that began in 2010. Ninety percent of organizations surveyed expect no decline in their workforce this year, and 51 percent anticipate an increase in hiring as compared to only 43 percent last year. Anticipated hiring reported will primarily consist of full-time employees instead of contingent labor, which is consistent with past job recovery trends.
With the need to hire full-time employees moving front and center, the role of screening in the hiring process is being emphasized by organizations. Survey respondents placed the finding and retaining of quality talent as their top current talent management challenge, and the reduction in time-to-hire was their primary screening challenge. Stressing the importance of screening practices in making quality hiring decisions, nearly half of respondents indicated they conduct employment background and drug screening to improve quality-of-hire.
Employers continue to globalize their screening programs with almost half of respondents indicating they check the global backgrounds of domestic hires and more than a third report screening workers outside of the U.S. Similarly, less than half of employers who utilize contingent labor reported screening this portion of their workforce, representing a potential security risk.
The report also includes key survey findings on the:
- Primary reasons for employment screening
- Most common searches and tests performed by employers
- Impact of evolving regulatory and compliance legislation on screening
- Prevalence of screening programs for vendor employees, temps and contractors
- Current trends in emerging issues such as credit checks, social media screening and medicinal marijuana policies
“Employers continue to share the benefits realized through employment background and drug screening, including improving the quality of their hires, mitigating risks, and maintaining compliance,” said Rob Pickell, HireRight senior vice president of customer solutions. “Interesting survey statistics on employment issues such as workplace violence, achieving compliance, companies’ programs for drug and alcohol testing, global screening, social media use, and policies on screening non-employees are just some of the other topics covered in the report.”
For more information on HireRight, please visit www.hireright.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Background Screening, compliance, HCM, HireRight, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, Matt Lafata, Mike Petrullo, Rob Pickell, screening, sourcing, Talent Acquisition, Talent Management | Permalink
Posted by mattlafata
July 27, 2011
Peoplefluent Delivers Customers Immediate Access to Talent Pool of Over 100 Million Candidates Worldwide; Increases Quality of Hire and Streamlines Recruiting Processes
HRchitect includes Peoplefluent in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Peoplefluent, offering a unique combination of best-of-breed suite solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, today announced it is working with LinkedIn to connect its customers with over 100 million potential applicants worldwide, further generating quality of hire and streamlining recruiting processes. Today’s news, in conjunction with the “Fluency on the Move” mobile product line introduced by Peoplefluent earlier this month, underscores the Company’s intuitive talent management strategy designed to drive engagement by creating innovative, immediate and interactive experiences through the communities, devices and methods naturally preferred and undertaken by the user.
“The individual is today’s new system of record. In an emerging landscape, where shifting cultural and professional dynamics and rapidly evolving technology enablement have changed the relationship between employees and employers, LinkedIn has become the preeminent resource for individual Talent Profiles,” said Charles S. Jones, Chairman and CEO of Peoplefluent. “Consistent with our overarching intuitive talent management strategy and recent product innovations, we are helping our customers find the talent they need by giving them the easy, engaging and immediate ability to meet potential candidates where they already are — in their own powerful interactive communities.”
Concur, as a global leader in integrated travel and expense management, is the first of several Peoplefluent customers to expand its existing Peoplefluent Recruiting Solution with the “Apply With LinkedIn” integration. The company will implement the “Apply with LinkedIn” functionality across all of its career sites and its corporate site, in a phased strategy over the next several months, beginning with TripIt, their leading mobile trip organizer.
“LinkedIn represents a highly qualified and professionally engaged pool of talent, and it’s in Concur’s best interest to make the application process as easy as possible,” said Shelly Holt,Director of Global Staffingfor Concur. “We are committed to reaching and identifying the highest quality candidates for our rapidly growing business units like TripIt, and to making every interaction with our business a simple and welcoming experience. We are delighted about the impact that this integration will have on our recruiting initiatives, beginning with TripIt.”
Further expanding the functionality of its broad Recruiting Solution, Peoplefluent has developed key product integrations with LinkedIn’s leading professional platform. With this effort, Peoplefluent is streamlining the application process for job seekers and broadening the candidate pool for companies worldwide.
Citrix, a leading provider of virtual computing solutions that help people work from anywhere on any device, strives to provide the company’s hiring managers and candidates with simple, efficient tools, such as Peoplefluent’s Talent Management suite. “As a long-term Peoplefluent customer, we’re excited to enhance the recruiting and application experience with this innovative technology,” said Rich Berger, Senior Director Citrix Global HRIS.
“This is a great tool for candidates to streamline their application experience with Citrix. We are strengthening our social media and bridging the gap between LinkedIn profiles and our application process,” said Melissa Thompson, Director, Citrix Talent Acquisition. “We look forward to adding ‘Apply With LinkedIn’ to our Peoplefluent RMS implementation later this summer.”
Peoplefluent will offer two “Apply With LinkedIn” plug-in integration options to its Recruiting Solution customers. The first option will, through a one-click apply process, populate relevant LinkedIn profile information into the Peoplefluent recruiting system. Designed to streamline the application process for people who maintain rich professional profiles on LinkedIn, this will serve to broaden our customers’ applicant pool of high-quality candidates both actively and passively looking for new opportunities. The second option couples the convenient submission process of the first, while adding compliance and candidate screening alternatives for global enterprise customers. A one-click process will access a candidate’s profile data and populate the information into existing application forms on the career site. This process further allows the candidate to provide supplemental application documents, complete assessment forms and provide any other data necessary that is not typically stored in a profile, but is required as part of the application process.
For more information, please visit www.peoplefluent.com.
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Authoria, Charles Jones, diversity, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, LinkedIn, Matt Lafata, Peopleclick, peoplefluent, Recruiting, RMS, sourcing, talent acquisition applicant tracking, Talent Management, Talent Profiles, vendor management, workforce compliance | Permalink
Posted by mattlafata
July 27, 2011
HRchitect includes Lumesse in our list of top Talent Acquisition Systems and Top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Lumesse, a global leader in integrated talent management solutions, is pleased to announce that it has been successful in winning ISO/IEC 27001 certification for its Lumesse TalentLink talent acquisition (e-recruitment) services. As a provider of Software-as-a-Service (SaaS) integrated talent acquisition and talent management solutions for 1,700 of the world’s leading companies, security of data relating to job applicants and employees is an increasingly important priority for Lumesse customers in a connected world:
“We are seeing increased interest in mobile data access, especially in the light of our recent launch of the Lumesse Mobile* app for Android, Apple iOS and Blackberry, and our ‘Apps for Everything’ philosophy,” said Matthew Parker, Lumesse CEO. “That puts even greater emphasis on having world-class information security controls, so the award of ISO/IEC 27001 certification to our global TalentLink services couldn’t be more timely. It also underlines our commitment to compliance and to the internationally accepted standards that major global customers increasingly demand of SaaS and cloud-based service providers.”
ISO/IEC 27001:2005 specifies the requirements for establishing, implementing, operating, monitoring, reviewing, maintaining and improving a documented Information Security Management System within the context of the organization’s overall business risks. It specifies requirements for the implementation of security controls customized to the needs of individual organizations or parts thereof. ISO/IEC 27001:2005 covers all types of organizations, including commercial enterprises, government agencies, and not-for profit organizations. For more information please visit: http://www.iso.org/iso/home.htm
* Lumesse Mobile is a device-independent application that works on Android, Apple iOS and BlackBerry devices. The application is optimised for efficient use of mobile data tariffs, connecting securely to the SaaS-based Lumesse TalentLink platform through any mobile data connection. Lumesse has committed to releasing regular updates of the app to increase its capability to reflect the growing power of smartphones and tablets, and the increasing use of such devices as primary corporate information tools.
For more information on Lumesse, please visit www.lumesse.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, eRecruitment, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, ISO, Lumesse, Matt Lafata, Matthew Parker, Recruiting, sourcing, StepStone, Talent Acquisition, Talent Management, TalentLink | Permalink
Posted by mattlafata
July 25, 2011
Highlights Include Continued Global Client Expansion, More Than 5 Million End Users, Strategic Hires, New Partnerships and Award Recognition
HRchitect featured SilkRoad in our 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. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010 and May 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
SilkRoad technology, inc., a leading provider of talent management solutions, announced today the second quarter of 2011 marked the strongest quarterly results in company history, achieving a record number of new clients, monthly recurring revenue and bookings. Top talent brands choosing to partner with SilkRoad as their strategic talent management vendor included LivingSocial, Queensland Bank, Oceus Networks, Mighty River Power, Meridium and Bingham Hospital. SilkRoad also surpassed more than 5 million global end users in more than 80 countries.
This quarter SilkRoad expanded its global operations with a new corporate office in London, England, enabling the firm to better meet the increasing talent management needs of businesses throughout the United Kingdom, Nordics and Netherlands. This expansion adds to SilkRoad’s list of recently opened corporate offices in France and Japan and follows the $40 million investment raised in late 2010 to capitalize on the increasing global market demand for talent management solutions.
SilkRoad announced this month the appointment of a new CMO, Wm. Edward Vesely. Vesely is responsible for worldwide marketing and has more than 22 years of marketing experience. He brings to SilkRoad a consistent record of growing revenue, market share and business valuation with his experience in global marketing and channel development.
Also in the second quarter, SilkRoad announced strategic partnerships with companies HireRight and WorkStrategy. SilkRoad and HireRight, a leading provider of employment screening solutions, will provide joint customers with a new pre-integrated solution to help them manage their employment screening programs more efficiently, and make better-informed hiring decisions. SilkRoad’s recruiting management solution OpenHire has been seamlessly integrated with HireRight, through the HireRight Connect integration platform, to increase efficiency and provide faster turnaround for SilkRoad clients through the employment screening process.
SilkRoad’s partnership with WorkStrategy, a leading provider of innovative human resource management and technology services, will make SilkRoad’s RedCarpet onboarding and life events management solution more accessible to WorkStrategy’s customers operating in an integrated ERP-based human capital management (HCM) environment. This partnership will enable SilkRoad to enhance its existing Oracle-PeopleSoft customer deployments by leveraging WorkStrategy’s PeopleSoft integration expertise including data management, user accessibility, and workflow automation.
“Our continued expansion and client growth, exciting partnerships with HireRight and WorkStrategy, and recognition across the industry has made Q2 2011 the best quarter in company history,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology. “We’re excited about our expansion, which includes new team members and offices across the globe, and a new CMO leading our worldwide marketing efforts. 2011 has already been an amazing year for us.”
Also in Q2, the company was honored as a “Customer Service Department of the Year” in The 2011 American Business Awards, America’s premier business awards program. This is the fifth consecutive year SilkRoad has been recognized by the American Business Awards for its customer service. The Network Products Guide, the industry’s leading technology research and advisory publication, also honored the company by naming SilkRoad a finalist in the 6th Annual 2011 Hot Companies and Best Products Award categories for its Life Suite. SilkRoad has also been recognized by Network Product Guide multiple times for its product innovation.
For more information on SilkRoad, please visit www.silkroad.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Andrew Filipowski, Applicant Tracking, Brian Platz, ed vesely, employment, HCM, HireRight, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, learning, Matt Lafata, Onboarding, OpenHire, Performance, Recruiting, RedCarpet, screening, SilkRoad, sourcing, Talent Acquisition, Talent Management, WebMingle, workstrategy | Permalink
Posted by mattlafata
July 24, 2011
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
First Advantage, a leading global provider of talent acquisition and electronic data solutions, today announced that it has made a significant minority investment in Workstream Inc., headquartered in Maitland, Florida. The investment in Workstream was announced by Todd Mavis, CEO of First Advantage.
Workstream is a supplier of talent acquisition and talent management solutions and services for employers. The company’s Software as a Service (SaaS) solutions help employers manage critical issues relating to the performance, development and compensation of personnel. Workstream’s innovative systems are delivered in a Software as a Service (SaaS) offering to employers in a range of market segments.
Commenting on the investment, John Long, Workstream CEO, said: ”We welcome the investment from First Advantage as we continue to execute on our business plan to build a leading software and technology-enabled services business. We are focused on the critical needs of employers to match their talent strategy with their business strategy in key areas such as recruitment, performance, development and compensation management. This strategic investment will help drive innovative business concepts and continued growth of Workstream’s offering.”
“First Advantage is an excellent, visionary company and this relationship will benefit Workstream going forward,” Long added, “There are potential ways to capitalize on innovative research resources and a powerful international distribution network. This investment will help us move faster with our ambitious growth objectives.”
First Advantage supplies a range of human resource and legal support services. These services are used by over ten thousand employers for the recruitment, screening, on-boarding and assessment of job applicants and current personnel.
Making the announcement, Todd Mavis, CEO of First Advantage, said: “We are investing in Workstream for its high speed of innovation and entrepreneurial approach to bringing important solutions to the fast-growing human capital market. The services offered to employers are complementary to our own and bring exciting potential opportunities for our business.”
In connection with the investment, Marc Bala, a Director of First Advantage and Principal with Symphony Technology Group, Palo Alto, California, will join the Workstream, Inc. Board of Directors.
To learn more about First Advantage, go to www.fadv.com.
To learn more about Workstream, visit www.workstreaminc.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, assessment, compensation, First Advantage, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, job, John Long, Marc Bala, Matt Lafata, Onboarding, Performance, Recruiting, screening, sourcing, Talent Acquisition, Talent Management, todd mavis, Workstream | Permalink
Posted by mattlafata
July 22, 2011
HRchitect includes Lumesse in our list of top Talent Acquisition Systems and Top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Lumesse, a global leader in integrated talent management solutions, has made the latest version of its enterprise talent acquisition (e-recruitment) solution, Lumesse TalentLink, available to its rapidly growing SaaS (software as a service) customer base through its worldwide data centers. Version 11.1 of Lumesse TalentLink further develops the Lumesse ‘Apps for Everything’ philosophy with powerful, configurable reporting apps instantly available to add to the user workspace. In addition, V11.1 brings extensive new capabilities in the areas of self-service configuration and also enhances the ability of customers to meet local business and legislative requirements, such as data retention compliance, within a global project. Lumesse TalentLink v11.1 is available immediately to all customers.
Lumesse CEO, Matthew Parker said: “With Lumesse TalentLink v11.1 we are again increasing the technical leadership in talent acquisition that we offer to our global customer base. Our intuitive and accessible ‘Apps for Everything’ user experience, combined with our SaaS technology, means that customers can access and enjoy the new benefits of Lumesse TalentLink from day one of a new release. This version also underlines our promise of being the only global company making talent management work locally, with new capabilities that directly support local needs and local staff in their daily jobs.”
The new, apps-based reporting capability in Lumesse TalentLink v11.1 brings flexible, user-defined, multi-dimensional drill-down reporting on key talent acquisition metrics to the workspaces of users and managers. Reportable metrics include job listings, requisition status, candidate applications, hires and time-to-fill. The configurability of the reporting apps means that individuals can create a reporting environment that works for them, enhancing efficiency and creating greater insight into hiring decisions and progress.
Lumesse TalentLink V11.1 also introduces enhanced searching capabilities, improvements to the contingent workforce timesheet management functionality and a new Workspace Library to allow for easier personalization of the user experience. Lumesse TalentLink v11.1 is available immediately to all customers.
For more information on Lumesse, please visit www.lumesse.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, e-recruitment, employment, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, Lumesse, Matt Lafata, Matthew Parker, metrics, Recruiting, sourcing, Talent Acquisition, Talent Management, TalentLink, workforce | Permalink
Posted by mattlafata
July 21, 2011
HRchitect featured Kenexa in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in May, 2010 and the Kenexa World Conference in 2009 and 2010.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, today unveiled details of its newest suite of offerings: Social Solutions. Kenexa Social Solutions is the industry’s first multi-faceted set of social recruiting tools paired with attraction strategies and consulting to help HR professionals and recruiters fully leverage all the benefits of the social world through one vendor. Kenexa Social Solutions draws on Kenexa’s deep industry expertise in sourcing, recruiting, employment branding and social media to deliver positive outcomes for hiring employers as well as job candidates.
Eric Lochner, president of Global Talent Management at Kenexa, said, “Many companies want to harness the tangible benefits of social recruiting but — whether due to resources, time and other commitments — cannot readily tap into its full range of possibilities. As an industry leader, it was a natural progression that Kenexa take the initiative to develop the industry’s first truly integrated comprehensive offering that brings together the power of the applicant tracking system with the power of social networks.”
Uniquely positioned through its technology, content and services, Kenexa has a long-standing position as one of the talent acquisition and talent management industry’s innovators. Kenexa Social Solutions goes past just addressing social media and into creating multi-dimensional attraction strategies and connection tools to address end-to-end recruitment. Beyond the obvious such as Facebook, LinkedIn and Twitter, Kenexa offers sourcing strategies, candidate relationship management and consulting services that help attract, connect and recruit with talent like never before.
Included in Kenexa Social Solutions is a candidate relationship management tool that focuses on social recruiting and building passive candidate relationships. Using its robust API, Kenexa offers social career centers to empower candidates to interact with their social networks as they apply for jobs. Social consulting and management is included to provide the clients baseline for true social strategies and candidate attraction. Kenexa will continue to deliver on the promise of a social candidate and recruiter experience through its broad set and ever-expanding list of social features within its award-winning global talent acquisition solution, Kenexa 2x BrassRing™, including posting and sharing jobs across the most prominent social networks.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, BrassRing, CRM, employment branding, Eric Lochner, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, Kenexa, Matt Lafata, Recruiting, Social, social recruiting, sourcing, Talent Acquisition, Talent Management | Permalink
Posted by mattlafata
July 19, 2011
Leading global cloud software company cross-lists and rings The Opening Bells in Paris and New York
HRchitect featured SuccessFactors in our 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. Matt Lafata and Tiffany Appleby from HRchitect attended and sponsored the SuccessConnect event in San Francisco in May 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Today, SuccessFactors, Inc., the San Mateo, Calif. based global leader in business execution software, marked its first day of trading and cross-listing on NYSE Euronext (NYX) markets in Europe and the United States by ringing the Opening Bells in Paris and New York. SuccessFactors delivers business alignment, team execution, people performance, and learning management solutions to more than 3,500 customers in more than 168 countries in 34 languages. The company, which chose to transfer the listing of its common stock from Nasdaq, now trades on the New York Stock Exchange (NYSE) and NYSE Euronext in Paris under its existing ticker symbol “SFSF.” SuccessFactors, Inc. also intends to list on the Frankfurt Stock Exchange.
SuccessFactors is the first company to transfer to the NYSE since Deutsche Boerse and NYSE Euronext shareholders approved the pending combination. The company is also the 13th company to seek a NYSE Euronext Fast-Path cross-listing since the introduction of this convenient, cost-effective European cross-listing program for NYSE-listed companies. This also marks the 6th Nasdaq transfer to the NYSE in 2011.
“We welcome SuccessFactors to the community of NYSE Euronext listed companies and applaud its decision to cross-list on our European and U.S. markets which underscores the company’s global reach and interests,” said Scott Cutler, NYSE Euronext EVP and Head of Listings, Americas. “In Silicon Valley and throughout the world, SuccessFactors has distinguished itself as a technology innovator that is focused on enabling their customers to realize improved people productivity and enterprise-wide business alignment solutions. We look forward to providing the company with the superior liquidity, services, brand visibility and advocacy outreach associated with listing on NYSE Euronext markets.”
“This move reflects our obsession with real-time business execution across multiple geographies,” said Lars Dalgaard, founder and CEO of SuccessFactors. “We are one of the fastest growing companies worldwide and our customers have used our cloud software internationally from day one, operating simultaneously in German, French, English, Japanese and 30 other languages. Listing on the Frankfurt Stock Exchange and NYSE Euronext in Paris is an important step to all of our customers, employees, partners and investors in Europe.”
“This move is a positive sign of SuccessFactors’ increased commitment to the European market,” said Dr. Norbert Kleinjohann, CIO of Siemens AG. “We chose to work with SuccessFactors based on functionality and usability and the provisioning of an integrated solution.”
“SuccessFactors has partnered with large anchor customers in each country in Europe, and for six years, the growth has been and continues to be a key pillar of our success. We are in the middle of a significant European investment, with the aim to serve European customers better than anyone else,” Dalgaard continued.
Executives from SuccessFactors, Inc. ring The Opening Bells at the New York Stock Exchange and NYSE Euronext in Paris marking its cross-listing on NYSE Euronext markets following its transfer from Nasdaq on Tuesday, July 19, 2011.
For more information on SuccessFactors, please visit www.successfactors.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Euronext, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Lars Dalgaard, learning, Matt Lafata, NYSE, Performance, SuccessConnect, SuccessFactors, talent, Talent Acquisition, Talent Management, Tiffany Appleby | Permalink
Posted by mattlafata
July 19, 2011
HRchitect includes Kronos in our list of Talent Acquisition Systems that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Kronos Incorporated today announced availability of the latest version of its selection and hiring solution. Workforce Talent Acquisition™ 8.8 reflects a continued commitment to provide Kronos® customers with a unified hourly and salaried, role-based solution to meet their recruiting needs, resulting in superior return on their hiring technology investment.
News Facts
Workforce Talent Acquisition 8.8 includes a variety of new features and functionality focused in four strategic areas:
- Unified Hourly/Salaried Solution – Enhancements supporting unified hourly and salaried hiring include the ability to: move candidates from one requisition to another; upload resumes from a third-party system; preview resumes from search results; and generate a pre-populated offer letter from a variety of branded templates.
- Integration with Employee Scheduling – Hiring managers can filter and sort applicants by their schedule availability, making hiring for hard-to-fill shifts significantly easier. For example, a hiring manager trying to hire for a Friday night shift can sort applicants by their availability. The information is configurable by location and/or position. Integration is possible with Kronos Workforce Scheduler™ or other third-party scheduling systems.
- Outlook Integration – Users have visibility into the Microsoft Exchange calendar to enable easier scheduling of interviews; an enhanced email framework that is optimized for mobile devices; and customizable email templates to maintain an organization’s distinct branding while communicating with applicants during each step of the hiring process.
- Improved Reporting – The selection and hiring product continues to turn hiring data into business intelligence with new reporting capabilities such as showing candidate activity to assess effectiveness of an organization’s recruiting efforts, or identifying locations with potential compliance issues based on hiring trends.
Supporting Quotes
- Nick Ordon, vice president and general manager, hiring solutions, Kronos
“We continue to deliver on our promise to provide customers with the very best unified hourly and salaried selection and hiring solution available. Enhancements in this version make Workforce Talent Acquisition easier to use and more powerful than ever, providing organizations with superior return on their hiring technology investment.”
- Sarah White, principal analyst, Bersin & Associates
“We expect the traditional talent acquisition market to grow 12 percent to an estimated $937 million this year. Kronos is well positioned to take advantage of this market growth with the launch of Workforce Talent Acquisition 8.8, a unified hourly and salaried solution that also includes integration to workforce management.”
For more information on Kronos, please visit www.kronos.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Bersin, HCM, hourly, HR Systems, HR Technology, HRchitect, Human Capital Management, Kronos, Matt Lafata, nick ordon, Recruiting, salary, sarah white, Talent Acquisition, Talent Management, Workforce Central | Permalink
Posted by mattlafata
July 12, 2011
Guy Langley Responsible for Global Sales, Services Across 17 Countries in Which Global Talent Management Firm Has Operations
HRchitect includes Lumesse in our list of top Talent Acquisition Systems and Top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Lumesse, a global leader in integrated talent management solutions, has appointed Guy Langley as chief operating officer to help drive its continuing rapid growth in Europe, the Americas and Asia Pacific.
Langley will be responsible for global sales and services across the 17 countries where Lumesse has operations, and support for over 1,700 customers in more than 70 countries. Lumesse global customers include Alibaba, Bank of China International, RBS, Deloitte, Deutsche Telekom, EADS, Heineken, Huawei, Lufthansa, Merck, Group PSA Peugeot Citroën, PUMA, Sara Lee, and Virgin Atlantic.
Langley joins Lumesse from Siemens PLM Software (formerly UGS), where he was senior vice president for Europe, Middle East and Africa, overseeing substantial revenue growth. Prior to this, Langley ran a number of country operations for UGS (UK), PeopleSoft (Spain) and J.D. Edwards (Nordic & Germany). He joined the software industry in 1996 following a successful sales career in IBM.
“I have been impressed by the quality of the people I have met at Lumesse and the depth of commitment to its vision,” said Langley. “The focus on building great teams around the world to help our customers recruit, retain and develop their top talent is amazing.”
Lumesse CEO Matthew Parker added: “These are exciting times for Lumesse as we focus on our promise of being the only global company making talent management work locally. Part of that promise to our present and future customers is investing in people like Guy that bring inspiring track records of success to our business.”
For more information on Lumesse, please visit www.lumesse.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Guy Langley, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, Lumesse, Matt Lafata, Matthew Parker, Recruiting, sourcing, StepStone, Talent Acquisition, Talent Management | Permalink
Posted by mattlafata
July 12, 2011
New Features Reveal Deeper Insight into Talent Pool to Improve Business Performance and Drive Productivity
Highlights Include Social Sourcing Capability across Hundreds of Social Networks, including LinkedIn, Twitter and Facebook
HRchitect featured Taleo in our 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. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Taleo Corp. (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today unveiled groundbreaking social, collaboration and visualization capabilities that will provide enterprises with Talent Intelligence to address top business issues. These new capabilities fundamentally change how companies leverage their talent to tackle the top two challenges facing CEOs today: Growth and Talent. Now leading organizations can keep strategic goals top of mind and develop their workforce by having the ability to gain deeper insight into their talent and extend their reach to hundreds of social networks, improving business performance.
POWERING GROWTH WITH COLLABORATION
The new capabilities include a Conversation Hub and email integration enabling real-time feedback and collaboration to assure timely adjustments of business goals. This feature keeps strategic goals top of mind by pushing talent management directly into email allowing employees and managers to collaborate on the goals and initiatives of the company. Conversations are captured and stored in the Conversation Hub where managers and employees can view all conversations related to business goals and development to improve the impact of talent on these initiatives. In addition to Microsoft Outlook, the latest release also includes support for Lotus Notes.
IDENTIFYING AND ACQUIRING TOP TALENT
Taleo is expanding the reach into the global talent marketplace by leveraging social networks and providing insight into the best sources of talent. For the first time recruiters, employees and candidates can share jobs across hundreds of social networks including LinkedIn, Twitter and Facebook. This is a powerful way for companies to strengthen employee referral programs through alumni and employee networks. Sourcing analytics help recruiters understand which networks are providing the strongest candidates so that they can focus their sourcing activities so that they can find great talent faster.
The new Talent Browser has unique visualization capabilities that provide the business context behind talent data. Taleo is the first vendor to move beyond traditional search by providing visual search and on-the-fly filtering to pinpoint talent. The Talent Browser joins Talent Reviews and Performance Calibration as examples of how Taleo has embedded real-time visual analytics to support better decision making. In addition to visual search, the Talent Browser also includes analytics that give an instant snapshot of any team or organization.
“We are in a talent management renaissance, moving into a new era where we need to leverage talent to effectively anticipate and respond quickly to business needs,” said Bret Leech, Vice President, human resources, Rogers Communications. “By having Talent Intelligence and analytics to determine the needs of our business, we are able to accomplish our goals by building dynamic teams to fuel growth.” This kind of innovation is acknowledged by the leading analysts, who have positioned Taleo as the only vendor in all talent management leadership categories.
According to the Conference Board, Leading CEOs note that hiring the right talent in the open market and applying new technologies will enable them to drive the growth required for success. Taleo’s customers recognize that as companies strive to grow, strategic goals and talent must be at the forefront of business.
“Taleo’s new talent management platform advances Talent Intelligence by helping enterprises find the right people to meet their business objectives, properly incent employees to attain strategic goals, and better understand and retain top talent,” said Jason Blessing, Executive Vice President of Products and Technology at Taleo. “These new capabilities enable enterprises to better know their people and grow their business.”
The new release of Taleo Enterprise Suite is available immediately. For more information visit: http://www.taleo.com/11a
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Facebook, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, Jason Blessing, LinkedIn, Matt Lafata, Recruiting, Social, sourcing, Talent Acquisition, Talent Intelligence, Taleo, Twitter, WebMingle | Permalink
Posted by mattlafata
July 12, 2011
Live Virtual Interviews to be integrated with Kenexa’s Solutions
HRchitect featured Kenexa in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in May, 2010 and the Kenexa World Conference in 2009 and 2010.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today announced details of an alliance with GreenJobInterview.com. GreenJobInterview.com provides the proprietary technology that enables interviewers and candidates to interact face-to-face in real time while minimizing costs, maximizing time and reducing environmental impact.
Under the terms of the agreement, Kenexa has integrated GreenJobInterview’s virtual video interview capabilities into Kenexa 2x BrassRing™. Kenexa 2x provides a unified talent record across the employment lifecycle by linking recruitment, outsourcing, performance management and mobility on one technology platform. With GreenJobInterview’s live virtual interviews, Kenexa is enabling hiring organizations and job candidates to eliminate the weeks of waiting to coordinate travel as well as the related expenses. As a result, HR professionals and hiring managers can meet with and qualify higher volumes of candidates remotely by using GreenJobInterview’s secure, browser-based solution.
Derek Bluestone, Kenexa’s vice president of Product Marketing, commented, “The ability to reduce time-to-hire remains one of the biggest competitive differentiators for hiring companies. By scheduling virtual interviews instead of waiting to coordinate in-person meetings, more candidates can be qualified and advanced to hiring managers for final approval. Live virtual interviews also provide an excellent opportunity for hiring organizations to promote their employment brands as progressive, innovative and environmentally conscious.”
Greg Rokos, president of GreenJobInterview.com, agreed, “Clients can brand their virtual interview websites with their company’s logo, palette and messaging. Our alliance with Kenexa supports their commitment to delivering world-class employment branding services to their clients, as well as aligns with their focus on being an environmentally responsible organization.”
Jeffrey Gelinas, Human Resources Manager at Kenexa, commented that Kenexa is using GreenJobInterview internally. He said, “In addition to our product integration with GreenJobInterview, we utilize their video interviewing functionality to improve our own hiring speed and quality. With GreenJobInterview, Kenexa is able to provide a unique candidate experience, standardize the interviewing process and better support our hiring managers.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, BrassRing, GreenJobInterview.com, Greg Rokos, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Jeffrey Gelinas, Kenexa, Matt Lafata, Recruiting, Talent Acquisition, Talent Management, WebMingle | Permalink
Posted by mattlafata
July 12, 2011
Seasoned SuccessFactors Veteran and Long-time Talent Management Industry Professional Joins Company to Focus on Development, Growth and Management of all Inside Sales Activity
HRchitect includes Peoplefluent in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Peoplefluent, offering a unique combination of best-of-breed suite solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, today announced the appointment of William D. Chislett as the new Head of Inside Sales. Chislett, a top-performing sales professional from SuccessFactors, brings broad Talent Management experience and will lead a team of inside sales representatives in selling Peoplefluent products, services and solutions. With a strong knowledgebase and considerable market expertise, Chislett will help Peoplefluent customers build unique, integrated Talent Management strategies for the ongoing growth and success of their businesses worldwide.
“With deliberate cycles of innovation and with the ongoing expansion of our offerings, Peoplefluent is redefining what is possible for companies driving the success of their businesses through their broad talent resources. We are extremely pleased to see both the strong endorsements of our strategy and a clear acknowledgment of our momentum from customers, old and new, and employees, current and prospective. Bill is a tremendous asset to our expanding Peoplefluent team – one that also announced the recent appointment of Neal Bruce from Monster Worldwide to Head up Product Management,” said Tom Tisdale, senior vice president of Sales and General Manager of Vendor Management Solutions for Peoplefluent. “Bill is a high performer with an impressive sales leadership track record, who is driven by the success he achieves for his customers. That philosophical alignment of individual interest with customer outcome is an essential part of our Peoplefluent customer view. We are delighted to have someone of his caliber, energy level and experience as we extend our commitment to delivering exemplary products, services and the highest levels of support to our customers.“
As Head of Inside Sales, Chislett will be responsible for expanding existing markets and identifying new opportunities while assisting the outside sales team across a full range of solutions, including talent acquisition, contingent workforce management, vendor management, compensation, performance and succession management. This appointment reinforces Peoplefluent’s commitment to meeting the needs of its varied Fortune 100 customer base and will be instrumental in introducing Peoplefluent’s expanded product lines, services and methodologies to the marketplace.
Chislett brings more than 20 years of selling experience with half of that in sales leadership positions. He has deep expertise in new business generation and on-going account management from his most recent posts as regional sales director and inside sales representative at Zapoint and Citrix Online, respectively. In his role at SuccessFactors, Chislett, who consistently exceeded sales quotas, was responsible for lead generation, enterprise sales and was a front-line inside sales representative for key accounts. He was recognized every one of his five years at SuccessFactors in their Presidents Circle, was awarded the company’s MVP recognition and was identified by the CEO as one of the top 10% of company contributors. Prior to that, Chislett held a variety of sales-related roles at Oracle Corporation, where he was instrumental in managing strategic partner and consulting relationships and leadership development. He was recruited into Oracle from a product management role at Continental Resources, a value-added reseller.
“I am enthusiastic about joining Peoplefluent in the midst of an exciting mobile product launch and a new customer vision-driven brand change,” said Chislett. “This is a company I have watched produce a lot of market firsts, and I am very excited to be able to bring customers solutions that continue to innovate and differentiate for a global customer base.”
At Peoplefluent, Chislett will focus on managing and developing a team of inside sales representatives, developing and cultivating client relationships, ensuring lead generation aligns with sales objectives and serving as a valuable industry and product resource for all current and future client relationships.
For more information, please visit www.peoplefluent.com.
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Authoria, diversity, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Matt Lafata, neal bruce, Peopleclick, peoplefluent, Recruiting, SuccessFactors, Talent Acquisition, Talent Management, TMS, tom Tisdale, vendor management, VMS, William Chislett, workforice compliance | Permalink
Posted by mattlafata
July 7, 2011
Company Advances Leader Position in Strategic Human Capital Management and Raises the Standard for Complete Talent Management
HRchitect featured SumTotal Systems in our 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 appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
SumTotal® Systems, Inc., the innovator in strategic Human Capital Management (HCM) solutions, today announced the acquisitions of CyberShift, a leader in strategic workforce management and expense software, and Accero, experts in payroll and benefits software. These acquisitions advance and accelerate SumTotal’s vision and expand Talent Management to link mission critical processes across the broader strategic Human Capital Management (HCM) market. With over 3,400 global customers and 43 Million users, SumTotal represents the most complete strategic HCM solution delivering greater value to customers with cross-functional best-in-class capabilities.
Increasing labor costs have put additional pressures on organizations, driving the need for improved, global visibility of how organizations manage their workforce to reduce operational costs. The workforce is typically the largest expense to an organization (40-70 percent of costs), and how employees are acquired, on-boarded, trained, deployed, assessed, and rewarded directly impacts an organization’s ability to achieve its business goals and maximize profits. At the same time, the shift from simply managing transactional HR functions to enabling integrated HR processes is compelling organizations to simplify and improve their technology deployments to contain costs and eliminate silos of fragmented information. Significant cost reductions are achieved not only through the automation and optimization of related workforce processes, but also with the integration of functions to a single HR solution that leverages the latest cloud-based technologies.
“SumTotal has proven its ability to rapidly integrate multiple acquisitions in a short period of time while delivering real value to customers,” said Josh Bersin, president and chief executive officer, Bersin & Associates. “The acquisition of CyberShift and Accero gives the company a total end-to-end set of solutions for all elements of strategic human capital management.”
CyberShift, an industry leader in strategic workforce management and expense management software, offers innovative visualization and mobile solutions for time and attendance, advanced scheduling, absence management, and Family and Medical Leave Act (FMLA) and leave management. CyberShift is the only enterprise solution vendor in Workforce Management with a true Software-as-a-Service (SaaS) offering. Accero has a long demonstrated history providing payroll and benefits software with advanced workforce intelligence capabilities for mid-size and large enterprises internationally, and specializes in complex corporate environments.
Collectively, these acquisitions add an additional 1,000 new customers with millions of global users making SumTotal one of the largest Talent Management providers in the industry and one of the most complete strategic HCM providers. With customers such as Dell, Google, Sony Electronics, AstraZeneca, HBO, Tommy Bahama, Aer Lingus, US Airways, British Airways, and Rolls-Royce, SumTotal maintains a market leader position with global presence in every market segment and deployed in over 160 countries. Customers gain the value of the most complete solution available, a larger customer community to share best practices, increased vertical domain expertise, and best-in-class functional capabilities. In addition, SumTotal will continue to support and innovate all product lines and ensure existing customer investments remain secure. This proven customer-centric model galvanizes SumTotal’s commitment to customers as the company rapidly integrates and advances its best-in-class capabilities.
SumTotal now offers customers the most complete HR solution that manages strategic HCM functions including Talent Acquisition (acquire to onboard), Talent Management (perform to reward), Talent Development (assess to develop), and Workforce Management (schedule to pay), including integrated core system of record. Customers achieve the benefit of a single comprehensive solution that addresses strategic HCM processes, at a lower total cost of ownership and with best-in-class capabilities and a superior user experience.
“Customers are requiring more end-to-end solutions for enabling strategic, high-value HCM processes across their entire organization, while having ‘one-hand-to-shake’ with their delivery partner,” said John Borgerding, CEO of SumTotal Systems. “We have raised the bar for how organizations manage their workforce by providing complete visibility and strategic planning in a single solution that enables better decision making. Traditional vendors only touch the surface and focus on process automation or record keeping, and point solutions only address process silos and don’t scale to all organizational models. SumTotal is the only vendor that can provide this new level of breadth and depth for customers.”
For more information on SumTotal Systems, please visit www.sumtotalsystems.com.
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Accero, benefits, Bersin, CyberShift, Dave Watkins, Expense Management, HCM, HR Systems, HR Technology, HRchitect, HRIS, HRMS, Human Capital Management, John Borgerding, Matt Lafata, payroll, Performance Management, Recruiting, Softscape, SumTotal Systems, Talent Acquisition, Talent Management, Time and Attendance, WebMingle, Workforce Management | Permalink
Posted by mattlafata
