HRchitect includes Kronos in our list of top Talent Acquisition Systems that organizations 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 15 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 recently announced financial results, company advancements, and customer successes for the first quarter of Fiscal 2012. Kronos revenues for the quarter increased 8 percent to $197.9 million. Earnings before interest, tax, and amortization (EBITA) increased 21 percent to $49.2 million.1  Product bookings growth of 20 percent for the quarter clearly indicates Kronos’ increasing market share.

“Kronos performed exceptionally well in the first quarter,” said Aron Ain, Kronos chief executive officer. “There’s no doubt that our strategy of innovation is creating business demand, driving our financial performance, and completely transforming the way organizations manage their workforce. We fully anticipate a continuation of this momentum throughout Fiscal 2012.”

First-Quarter News Facts

• In the first quarter of Fiscal 2012, Kronos signed agreements with organizations around the world such as:  ARAMARK, a global leader in providing award-winning professional services; Best Buy Mexico, a leading electronics retailer; Continuum Health Partners, parent company of four distinguished voluntary teaching hospitals including Beth Israel Medical Center, St. Luke’s Hospital, Roosevelt Hospital, and New York Eye & Ear Infirmary; El Paso County in east central Colorado; Gaylord Entertainment, a leading hospitality and entertainment company based in Nashville, Tenn.; Harrison County Board of Supervisors in Harrison County, Mississippi, located along the Mississippi Gulf Coast; Hannaford Bros Co., a supermarket chain operating in New England and upstate New York;  INTEGRIS Health, Oklahoma’s largest health system; Lehigh Hanson, one of the largest construction materials companies in North America and part of the Heidelberg Cement Group; Maryland Live! Casino, a gaming and entertainment destination located in Maryland; Palm Beach County Fire Rescue, the largest fire/rescue agency in Palm Beach County, Florida; Peet’s Coffee & Tea, specialty coffee roaster and retailer; Pep Boys, a full-service and tire automotive aftermarket chain; Prestige Care, assisted living skilled nursing and retirement communities in eight Western states; Purdue University, located in West Lafayette, Ind., the flagship university of the six-campus Purdue University system; Ridgeview Medical Center, an independent, regional health care network serving the west-metro area in Minnesota; Sainsbury’s, a leading food retailer with more than 150,000 colleagues across more than 1,000 sites in the UK; Saint Luke’s Hospital of Kansas City, a faith-based, not-for-profit health system; SEHA (Abu Dhabi Health Services Company), an independent public joint stock company founded to manage the curative activities of the public hospitals and clinics of the Emirate of Abu Dhabi; The City of Nashua, the second-largest city in New Hampshire; TheChildren’s Hospital of Philadelphia(CHOP), one of the largest and oldest children’s hospitals in the world; Tru Blu Beverages, a leading Sydney, Australia-based manufacturer of juices, mineral waters, soft drinks, and energy drinks; and Winter Haven Hospital, serving as the major medical center for east Polk and Highlands counties in Florida.
• Sales of revolutionary new time clock exceed expectations – The new Kronos InTouch™ time clock reshapes the way organizations think about, and employees interact with, their workforce management solutions. Kronos booked nearly 4,000 units of InTouch in the first 45 days, as organizations across all targeted vertical markets begin to embrace the time clock’s unrivaled user experience, seamless integration, cloud readiness, application platform, and rock-solid reliability.
• Product revenue growth continues – For the past two years, Kronos has been delivering on its vision for the next generation of workforce management, innovating faster than ever before by delivering unprecedented functionality and ease of use. Its new user interface, mobile applications, and InTouch time clock are quickly achieving widespread adoption, contributing to product revenue growth in the first quarter. As another indication of its innovative product offerings, in a year-over-year comparison, Kronos closed more transactions with new customers during the quarter. In addition, sales of its labor analytics, human resources and payroll, and scheduling products significantly increased year over year. During the quarter, Kronos delivered the latest version of its award-winning mobile applications and a major new release of its Workforce Central® suite.
• Million-dollar orders on the rise – Kronos closed a significant number of million-dollar orders in the quarter, with significant orders from new and existing customers including a leading international hotel chain; multinational healthcare products manufacturer; leading food retailer; multinational food service and facilities management company; highly respected university; and several state department of transportation groups.
• Vertical expertise as a competitive differentiator – Kronos’ vertical-specific approach to software and services continues to deliver enormous benefits to organizations seeking to control labor costs, minimize compliance risk, and improve workforce productivity. Continued expansion took place within all industry groups, with significant acceleration in retail, hospitality, public sector, manufacturing, and long-term care.
• Cloud services continues steady growth – Annual contract bookings increased 88 percent year over year, as organizations increasingly embrace Kronos’ cloud services offering including application hosting and system management and monitoring. Today Kronos hosts its application for hundreds of current customers.
• Strong contribution from international regions – International product bookings increased a stunning 48 percent year on year. Significant product wins occurred around the globe including meaningful customer expansion in the Middle East, UK, South Africa, India, and Mexico. Today Kronos is the only workforce management provider with a true global solution that meets complex work rules in more than 80 countries where Kronos products are installed.

To learn more about Kronos, please visit www.kronos.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

PeopleAdmin Relocates to Austin’s Technology Beltway to Prepare for Growth in 2012 

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 15 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!

PeopleAdmin, the leading provider of on-demand talent management solutions for higher education and government, recently announced that the company will relocate its headquarters to 805 Las Cimas Parkway Suite 400, Austin, Texas. The new office is located on the popular technology beltway, Capital of Texas Highway (Loop 360), in the Las Cimas Office Complex, just west of their previous downtown location.

“PeopleAdmin has enjoyed significant growth over the past few years and having a larger office in a central location supports the continued growth we anticipate in 2012,” said Susanne Bowen, CEO of PeopleAdmin. “We have been committed to providing talent management software to customers in the higher education and government vertical markets for more than a decade. This market is projected to grow significantly and our new location will be a strategic asset that provides greater flexibility in maintaining our market leadership position.”

The company delivers a talent management suite of solutions precisely tuned to the needs of the higher education and government markets. Delivered through a Software-as-a-Service (Saas) model, PeopleAdmin solutions drive efficiencies across the entire employment lifecycle while enabling more compliant, defensible processes for human resource professionals. PeopleAdmin helps its clients acquire, manage and retain the right talent so their organizations can build a better future.

In 2011, PeopleAdmin touted a 98% customer retention rate and more than 700 clients.  The company begins 2012 with 60% more employees than 2010. The planned growth includes a 30% increase in new customers as well as plans to hire 30-40 new employees over the next three years.

The new facility is approximately 24,000 square feet, which is double the size of their previous office. PeopleAdmin has taken a 5-year lease.

For more information on PeopleAdmin, please visit www.peopleadmin.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

Aberdeen Group research reveals that recruitment technology drives significant business results

HRchitect featured iCIMS 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. Adam Feigenbaum and Susan Vitale from iCIMS previously appeared on the HRchitect WebMingle.

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 15 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!

iCIMS, the leading provider of Software-as-a-Service (SaaS) talent acquisition solutions for the SMB market, recently co-sponsored the Aberdeen Group’s January 2012 Human Capital Management Trends report. In the study, Aberdeen found that Best-in-Class companies are using recruitment technologies to stimulate employee engagement, boost employee productivity, and improve customer satisfaction. The report outlines how efficient talent management processes drive measurable business improvements.

Aberdeen researched nearly 300 companies to determine how well they were performing on the core business of Human Capital Management: finding, engaging, and retaining talent. The report divided the 300 survey respondents into Best-in-Class (top 20%), Industry Average (middle 50%), and Laggard (bottom 30%). At Best-in-Class companies, 81% of employees rated themselves as “highly engaged,” 71% of positions had a ready and willing successor identified, and there was a 13% year-over-year improvement in hiring manager satisfaction.

A recruitment technology platform was found to be a key enabler of success for Best-in-Class organizations. A recruitment technology platform is currently in use at 62% of Best-in-Class companies, as opposed to 54% of average companies, and 46% of laggard companies.

“Excellence in human capital management results from a combination of strategies, capabilities and enabling technologies,” said Mollie Lombardi, co-author of the study and Research Director at the Aberdeen Group. “The Best-in-Class display a number of common core characteristics, one of which is an investment in world-class technology throughout most aspects of talent and workforce management.”

“iCIMS is honored to be sponsoring an Aberdeen Group study,” said Susan Vitale, Chief Strategic Officer, iCIMS. “The report reaffirms that strategic human capital initiatives require a robust technology infrastructure. iCIMS offers easy-to-use software with powerful reporting capabilities, backed by the industry’s best customer support, making it the ideal solution provider for organizations interested in achieving best-in-class performance in 2012 and beyond.”

The report notes that in 2012, the pressure of economic uncertainty is forcing organizations to operate more efficiently. Organizations looking to achieve the results needed to balance cost savings with quality investments. Recruiting will be measured on both its ability to fill positions as quickly and cost-effectively as possible, and its ability to increase the quality of the hires made.

For more information on iCIMS, please visit www.icims.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

• Record Q4 Recurring Revenues of $57.1 Million, a 24% Year-over-Year Increase
• Record Q4 Total Revenues of $72.7 Million, a 20% Year-over-Year Increase
• Record 2011 Recurring Revenues of $213.8 Million, a 25% Year-over-Year Increase
• Record 2011 Total Revenues of $269.2 Million, an 18% Year-over-Year Increase

HRchitect includes Ultimate Software in our list of top HRIS vendors that organizations 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 15 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!

Ultimate Software (Nasdaq:ULTI), a leading cloud provider of people management solutions for global businesses, announced today its financial results for the fourth quarter and year ended December 31, 2011. For the quarter ended December 31, 2011, Ultimate reported recurring revenues of $57.1 million, an increase of 24%, and total revenues of $72.7 million, an increase of 20%, both compared with 2010’s fourth quarter. GAAP net income for the fourth quarter of 2011 was $2.0 million, or $0.07 per diluted share, versus $1.4 million, or $0.05 per diluted share, for the fourth quarter of 2010.

Non-GAAP net income, which excludes non-cash stock-based compensation expense and amortization of acquired intangible assets, was $6.6 million, or $0.24 per diluted share, an increase of 41%, for the fourth quarter of 2011 compared with non-GAAP net income of $4.6 million, or $0.17 per diluted share, for the fourth quarter of 2010. See “Use of Non-GAAP Financial Information” below.

For 2011, recurring revenues increased 25% to $213.8 million, and total revenues increased 18% to $269.2 million, both as compared with the prior year. For 2011, GAAP net income was $4.3 million, or $0.15 per diluted share, compared with GAAP net income of $2.2 million, or $0.08 per diluted share, for 2010. For 2011, non-GAAP net income was $18.1 million, or $0.65 per diluted share, compared with non-GAAP net income of $12.8 million, or $0.47 per diluted share, for 2010.

“Our fourth quarter and 2011 financial results were in line with our expectations, and we are pleased to close the year with a customer retention rate greater than 96% once again,” said Scott Scherr, CEO, president, and founder of Ultimate. “Our new customers in the fourth quarter added talent management products to their core UltiPro purchases at a healthy pace. The Q4 and 2011 year attach rates for our talent management feature-sets indicate that human resources decision-makers continue to have a strong desire for unified, strategic people-management solutions.”

“We are honored to have been ranked #25 on FORTUNE’s 2012 ‘100 Best Companies to Work For’ list. We have always considered our employees our greatest asset and the most powerful force behind high-quality products and services,” added Scherr. “Our historic commitment to people is reflected in our new branding and our new tagline, People First.”

Financial Highlights

• Recurring revenues grew by 24% for the fourth quarter of 2011 and by 25% for the 2011 year – primarily due to revenue growth from our Software-as-a-Service (SaaS) offering – both versus comparable 2010 periods. Recurring revenues for the fourth quarter of 2011 were 79% of total revenues versus 76% of total revenues for 2010’s fourth quarter. Recurring revenues were 79% of total revenues for the 2011 year versus 75% for 2010.
• Ultimate’s total revenues for the fourth quarter of 2011 increased by 20% compared with those for the fourth quarter of 2010. Ultimate’s total revenues for 2011 increased by 18% compared with those of 2010.
• Ultimate’s annualized retention rate exceeded 96% for its existing recurring revenue customer base.
• The operating income (or operating margin), on a non-GAAP basis, for the fourth quarter of 2011 was $11.4 million (or 16%) compared with $7.9 million (or 13%) for the fourth quarter of 2010. Non-GAAP operating income (or non-GAAP operating margin) for 2011 was $31.5 million (or 12%) compared with $21.8 million (or 10%) for 2010.
• Net income, on a non-GAAP basis, for the fourth quarter of 2011 increased to $6.6 million compared with $4.6 million for the fourth quarter of 2010. Non-GAAP net income for 2011 increased to $18.1 million compared with $12.8 million for 2010.
• Ultimate generated $4.8 million in cash from operations for the fourth quarter ended December 31, 2011. For the year ended December 31, 2011, we generated $28.4 million in cash from operations and repurchased 346,988 shares of our common stock for $17.3 million under our stock repurchase plan. As of December 31, 2011, Ultimate had 1,058,187 shares available for repurchase in the future under our stock repurchase plan. The combination of cash, cash equivalents, and marketable securities was $55.3 million as of December 31, 2011, compared with $50.2 million as of December 31, 2010.
• Days sales outstanding were 71 days at December 31, 2011, representing a reduction of one day compared with days sales outstanding at December 31, 2010.

Business Highlights

• Ultimate added Succession Management to its suite of cloud solutions for managing employees from recruitment through retirement. UltiPro Succession Management involves both management and individual employees in an ongoing, collaborative process. Employees can manage their own talent profiles — updating factors that influence succession readiness such as mobility preferences, languages, education, accomplishments, and competencies — to ensure that leadership has a rich understanding of the company’s talent landscape while company executives have the flexibility to develop succession plans for jobs, talent pools, or individuals.
• Co-sponsored by Dell and IBM, we held our Ultimate Partner Forum, known as Connections, in March 2011 and had the largest attendance in our history — 820 attendees. Our customers, partners, and HR industry influencers came to share ideas, hear about Ultimate’s future direction, and expand their peer networks. Ultimate’s 2012 Connections conference will be held on March 27-30, 2012 in Las Vegas.
• A leading technology research, analysis, and advisory firm, Forrester Research, selected Ultimate as a Groundswell Award winner in October 2011. The Forrester Groundswell Awards recognize excellence in achieving business and organizational goals through innovation in social technology applications. Ultimate was a winner in the business-to-business “Embracing” category for its collaborative customer community called “Ideas.” Ultimate launched the Ideas community to help its customers share information, interact, and provide direct feedback on UltiPro. Previous winners of the Forrester Groundswell Awards include Microsoft, IBM, Starbucks, and Salesforce.com.
• Ultimate won a SuperNova Award from Constellation Research in the advanced analytics category in November 2011. Ultimate’s Director of Business Intelligence and his team worked collaboratively with an Ultimate customer to develop a predictive analytics tool that HR leaders can use to monitor and address retention risks proactively.
• Ultimate’s customer support center was awarded Service Capability & Performance (SCP) certification for best practices for the 13th consecutive year. The SCP Standards represent the global benchmark for service excellence and are recognized by leading technology companies around the world.
• In January 2012, Ultimate was ranked #25 on FORTUNE’s “100 Best Companies to Work For” list, the first year that Ultimate applied for consideration. Ultimate is the only human capital management provider on the 2012 list and the highest ranked cloud vendor on the list. Ultimate was previously recognized twice as the #1 medium-sized company to work for in America by The Great Place to Work Institute.

Financial Outlook

Ultimate provides the following financial guidance for 2012:

For the first quarter of 2012:

• Recurring revenues of approximately $60.0 million;
• Total revenues of approximately $76.0 million; and
• Operating margin, on a non-GAAP basis (discussed below), of approximately 6%.

For the year 2012:

• Recurring revenues to increase by approximately 25% over 2011;
• Total revenues to increase by approximately 23% over 2011; and
• Operating margin, on a non-GAAP basis (discussed below), of approximately 15%.

Operating margin expectations were determined on a non-GAAP basis using the methodologies identified under the caption “Use of Non-GAAP Financial Information” in this press release. Non-cash stock-based compensation expense for 2012 is expected to be approximately $20.0 million.

For more information on Ultimate Software, please visit www.ultimatesoftware.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

Market Leader in Strategic Human Capital Management Positioned For Accelerated Growth in 2012 with Global Expansion and New Innovations

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. 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 15 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 reported exceptional 2011 results with 90 percent overall booking growth and significant customer momentum across its global operations. SumTotal consistently accomplished positive expansion in bookings and new customer acquisition, and attributes this success to solid customer loyalty, operational efficiencies, and continued product advancement.

The company achieved 110 percent booking growth in the second half of 2011, compared to same period the previous year, with 207 percent overall SaaS booking growth for the year as more customers joined SumTotal’s Cloud offering. Recurring revenues were up 103 percent in the second half of 2011, and EBITDA grew 171 percent compared to previous year, representing 21 percent above plan. SumTotal has continued to develop a strong track record of operational excellence that has contributed to the company’s impressive growth and profitability.

Numerous new global customers joined SumTotal’s fast-growing customer base including Gerber Life, Physicians Mutual, Young & Rubicam, Highmark, MD Physician Services, and Konica Minolta Business Technologies. In addition, SumTotal continued to innovate with numerous advancements for its flagship products and launched new capabilities in Mobile, Social Learning, Workforce Analytics, and end-to-end Talent Management.

• Mobile: The fully rich media capable Mobile solution provides downloadable content for untethered support, as well as advanced tracking and reporting, and support for all mainstream devices and operating systems.
• Social Learning: Improves knowledge retention across workforces by fostering regular informal learning between peers and experts, both within the organization and in its extended enterprise.
• Workforce Analytics: Provides a single, complete data model spanning talent and learning management data, with hundreds of interlinked business objects and rationalized data and security across all processes for closed loop actionable intelligence.
• End-to-end Talent Management: With a seamless user experience and integrated workflows across learning and talent functions, as well as single-point administration, organizations can manage more efficient and continuous end-to-end business processes.

In 2011, SumTotal also successfully acquired three companies to integrate and bring to market its Strategic Human Capital Management solution, representing the most complete best-in-class offering available. Acquired companies included: GeoLearning, a leader in cloud learning management software for small and medium businesses, government, and extended enterprise market segments, CyberShift, a leader in strategic workforce management and expense management software, and Accero, experts in payroll and benefits software.

Highly focused on customer care and new methodologies for driving customer achievement, the company also hired, trained and deployed an additional 275 new employees across its global operations in the Americas, Europe, and Asia Pacific, 70 percent of which are exclusively customer facing positions.
Additional achievements in 2011 included:

• SumTotal customers Cabela’s, Orbitz Worldwide, Springs Window Fashions, and the State of Florida, were recognized as “Performance and Learning Leaders” in the Learning! 100
• SumTotal was rated “Hot Vendor” for Total Compensation Management according To Ventana Research
• SumTotal was named on KMWorld’s 2011 “100 Companies That Matter in Knowledge Management”
• SumTotal expanded regional presence with leadership assignments in Europe, Middle East, and Africa
• SumTotal was recognized as a “Leader” in Talent Management by independent research firm
• SumTotal was recognized as a 2011 “Top Learning Portal Company” by Training Industry Magazine
• Customers voted SumTotal “Best in Talent Management” in Elearning! 2011 Awards
• SumTotal was honored with “Business of the Year Award” in Gainesville Florida

“We are extremely proud and pleased with our exceptional year of growth and customer achievement,” said SumTotal’s CEO John Borgerding. “Our customer focus is directly represented in our high renewal rate and unwavering customer loyalty. We remain committed to our customer’s achievement and will continue to innovate in the marketplace and provide the industry’s most complete and flexible HCM solutions.”

For more information about SumTotal, visit the company’s website at www.sumtotalsystems.com.

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

Talent Management Firm Met Requirements for Powerful, Configurable SaaS Solution Accessible Across the U.S.

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 15 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, today announced that G4S has selected Lumesse to implement a new TalentLink (Talent Acquisition/e-recruitment) solution throughout the U.S.

G4S is the world’s leading international security group working to safeguard the welfare and prosperity of millions of people globally. It is headquartered in the United Kingdom with international offices in 125 countries, employs 635,000+ people and maintains a focus on hiring highly committed, talented and specialized staff.

In the U.S., G4S provides a unique combination of personnel, project management, investigative services, risk management and technology security solutions delivered by a number of specialist business units and needed a single applicant tracking solution to support the hiring requirements across all employee levels within each business.

Last year, G4S conducted a complete review of its multiple U.S. recruitment processes, which led to the decision to implement a local version of its award winning career center technology and to identify the best partner in the U.S. to automate its existing paper-based candidate processing and management activity.

Lumesse demonstrated its ability to seamlessly integrate with the G4S career center, support G4S’s commitment to legislative excellence and provide fully configurable functionality to automate and manage multiple recruitment processes. Equally it gave G4S senior management the confidence to deliver a solution that local hiring managers and recruiters could use effectively.

Lumesse has already begun implementing TalentLink for G4S.

Jenni Myles, chief HR officer, G4S Americas, said, “There were several key objectives of the G4S evaluation, which included providing the best and most engaging candidate experience, exceeding legislative compliance, reducing the time-to-hire to drive efficiency into the hiring process, redeploying saved management hours and reducing the cost per hire.  The Lumesse TalentLink solution will fully meet our needs. It will give us an innovative approach to recruitment that will make a real difference in filling all positions, as well as reducing the administrative burden in the recruitment process. One of the most exciting opportunities will be to demonstrate to our customers how advanced and robust our recruitment process is and to show how we will continually ensure to provide the very best people in the volumes they require.”

According to Lumesse CEO Matthew Parker, “With Lumesse TalentLink, G4S will benefit from improved employer branding, faster turnaround, improved candidate communication and reduced cost-to-hire in a highly competitive market for volume and specialized security skills. As a true SaaS solution, it offers a highly-effective way to deploy an enterprise-class talent acquisition solution to a global organization.”

For more information, please visit www.lumesse.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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. Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 & 2011 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 15 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 Corporation (NASDAQ: TLEO), the global leader of SaaS-based Talent Management solutions, today announced results for its fourth quarter and fiscal year 2011.

Taleo delivered the following results for the fourth quarter and fiscal 2011:

Fourth Quarter Revenue: Subscription revenue for the fourth quarter was $70 million, an increase of 26% on a year-over-year basis. Professional services revenue for the fourth quarter was $15 million, an increase of 27% on a year-over-year basis. Total revenue for the fourth quarter was $85 million, an increase of 26% on a year-over-year basis.

Non-GAAP subscription revenue for the fourth quarter was $70.6 million, an increase of 22% on a year-over-year basis. Non-GAAP professional services revenues for the fourth quarter was $15.8 million, an increase of 18% on a year-over-year basis. Total fourth quarter non-GAAP revenue was $86.3 million, an increase of 21% on a year-over-year basis.

2011 Revenue: Total revenue for the full year 2011 was $309 million, an increase of 30% on a year-over-year basis. Subscription revenue for the full year 2011 was $257 million, an increase of 29% on a year-over-year basis. Professional services revenue for the full year 2011 was $59 million, an increase of 55% on a year-over-year basis. Total revenue for 2011 reflects a revenue reduction of $6.5 million recorded in the second quarter of 2011 related to the TSA settlement.

For the full year 2011, the company reported Non-GAAP revenue of $324 million, an increase of 34% from the prior year. Non-GAAP subscription revenue for the full year 2011 was $263 million, an increase of 30% on a year-over-year basis. Non-GAAP professional services revenue for the full year 2011 was $62 million, an increase of 57% on a year-over-year basis.

Fourth Quarter Loss per Share: Fourth quarter net loss per share was $(0.02), compared to a net loss per share of $(0.02) a year ago.

Non-GAAP net income per fully diluted share was $0.26, compared to non-GAAP net income per fully diluted share of $0.23 a year ago.

2011 Earnings per Share: For the full year 2011, net loss per share declined to $(0.35) from net income per fully diluted share of $0.01 a year ago. Non-GAAP net income per fully diluted share for the full year 2011 rose to $1.06 compared to $0.78 a year ago.

For more information on Taleo, please visit www.taleo.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

SilkRoad’s Dedicated Support Team Recognized for its Innovative Approach to Customer Service

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 15 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 social talent management solutions, has been named a finalist in the Innovation in Customer Service category in the sixth annual Stevie Awards for Sales & Customer Service. SilkRoad’s Dedicated Support Team, which was officially launched in 2011, was recognized for its dedicated approach to customer service and for increasing customer satisfaction and loyalty.

This year marks the sixth consecutive year that SilkRoad has been recognized as a finalist in the Stevie Awards. SilkRoad significantly improves talent management for more than 2,000 customers across the globe by cutting millions of dollars in human resources spend with integrated solutions that manage the entire employee life cycle.

“SilkRoad’s Life Suite solutions was built to enable HR professionals to become more strategic and aligned to business objectives, and that shapes our mentality and the degree of customer support that we offer” said Andrew J. “Flip” Filipowski, executive chairman and CEO of SilkRoad technology. “It’s always an honor to be recognized by the Stevie Awards and this year is particularly special, as our new Dedicated Support Team has made such a tremendous impression in such a short time.”

More than 1,000 entries from organizations of all sizes and in virtually every industry were submitted to this year’s competition, an increase of almost 30 percent over 2011. Finalists were determined by the average scores of 93 professionals worldwide, acting as preliminary judges.

“We’re delighted to kick off our celebration of the 10th year of the Stevie Awards movement with the 2012 Stevie Awards for Sales & Customer, which will be the first program in which we’ll bestow Silver and Bronze Stevie Awards,” said Michael Gallagher, president and founder of the Stevie Awards. “It’s gratifying and inspiring to have received so many remarkable entries for this year’s competition. I know the final judges have a tough task ahead of them to determine the Stevie Award placements.”

Nicknamed the Stevies for the Greek word “crowned,” the final results will be announced during a gala banquet on Monday, February 27 at Caesars Palace in Las Vegas, Nevada. Details about the Stevie Awards for Sales & Customer Service and the list of Finalists in all categories are available at www.stevieawards.com/sales.

For more information on SilkRoad Technology, please visit www.silkroad.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

Adds Leading Talent Management Cloud Offering to the Oracle Public Cloud

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. Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 & 2011 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 15 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!

Oracle today announced that it has entered into an agreement to acquire Taleo Corporation (NASDAQ: TLEO), a leading provider of cloud-based talent management for $46.00 per share or approximately $1.9 billion, net of Taleo’s cash and debt. Taleo’s Talent Management Cloud helps organizations attract, develop, motivate and retain human capital to improve performance and drive growth.

Together, Oracle and Taleo expect to create a comprehensive cloud offering for organizations to manage their Human Resource operations and employee careers. The combination is expected to empower employees and managers to effectively manage careers throughout their entire employment, enable organizations to retain talent and optimize costs, and improve the employee experience through faster on boarding and better collaboration with team members via social media.

The Board of Directors of Taleo has unanimously approved the transaction. The transaction is expected to close mid-year 2012, subject to Taleo stockholder approval, certain regulatory approvals and other customary closing conditions.

“Human capital management has become a strategic initiative for organizations,” said Thomas Kurian, Executive Vice President, Oracle Development. “Taleo’s industry leading talent management cloud is an important addition to the Oracle Public Cloud.”

“Taleo’s integrated cloud-based talent management solutions optimize how organizations hire, manage, develop and reward their employees and gives companies the intelligence needed to capitalize on their most critical asset — their people,” said Michael Gregoire, Chairman and CEO, Taleo. “Joining forces with Oracle gives us the opportunity to better serve our customers.”

For more information on Taleo, please visit www.taleo.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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 15 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!

Cornerstone OnDemand, a leading provider of integrated learning and talent management software and services, announced today the promotion of three key executives.

Vincent Belliveau, who served as Cornerstone’s general manager of Europe, Middle East and Africa (EMEA), has been named senior vice president and general manager of EMEA. Kirsten Maas Helvey, formerly vice president of consulting services, was named to the post of senior vice president of consulting services. And Dave Carter, who previously held the role of vice president of sales, was appointed senior vice president of sales.

Each role is a newly created position within Cornerstone, based on the company’s recent growth and expansion internationally and throughout the U.S.

“Based on Cornerstone OnDemand’s rapid growth over the past several years, these executive advancements were essential to ensuring that our continued focus remains on client relationships and success,” said Adam Miller, president and CEO of Cornerstone OnDemand. “These three executives have proven themselves relentless in helping Cornerstone remain at the forefront of the talent management sector. We want to thank Vincent, Kirsten and Dave for their support and hard work to date, and we look forward to the contributions each will make in their new positions as we continue to further strengthen our offering and maintain our leadership position in the provision of innovative talent management solutions.”

In his new role, Belliveau, who has been employed with Cornerstone for the past four years, will continue to be responsible for overseeing all of Cornerstone’s European operations, including sales and marketing, implementation, services, and support. In addition to ensuring continued growth in Cornerstone’s core European markets, Belliveau is responsible for accelerating the company’s presence in new markets such as the Benelux, Scandinavia and Southern Europe. Prior to joining Cornerstone, Belliveau was North East Europe director of IBM’s Master Data Management (MDM) and Information Integration Solutions. In that position, he was responsible for successfully integrating and growing several key acquisitions in IBM’s portfolio.

Helvey, who is based out of the company’s Santa Monica headquarters, will continue to be responsible for overseeing all aspects of Cornerstone’s global consulting services, including the expansion of value-added services such as business consulting. She has garnered expertise in process management and headed the implementation and integration of Cornerstone’s talent management suite, using best-of-breed methodology developed from client best practices. Prior to joining the company in 2003, Helvey served as a supply chain operations strategy consultant at PricewaterhouseCoopers and as a consultant with IBM Business Consulting Services.

For the past three years, Carter, based in San Diego, has led all sales activities for Cornerstone, making certain that the company’s solutions and its client objectives are aligned. In this new capacity, he will continue to manage the expansion and growth of the Cornerstone direct sales force. Prior to his role with the company, Carter led high-performance sales teams for human resources services and software companies including Accenture and Ceridian.

For more information on Cornerstone OnDemand, please visit www.cornerstoneondemand.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com
Matt Lafata, HRchitect