MrTed Forms Strategic Alliance With China’s Largest RPO Provider…from MrTed

December 7, 2009

 

Shanghai Foreign Service Company chooses MrTedTalentLink as core technology platform 

HRchitect includes MrTed and SmartRecruiters in our list of top Talent Acquisition Systems vendors that businesses should consider. Jerome Ternynck, CEO of MrTed appeared on the HRchitect WebMingle on May 22, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

MrTed Ltd, the global leader of Talent Acquisition Solutions, today announced a significant contract with Shanghai Foreign Service Company Ltd. (SFSC), one of the largest human resources service providers in China and the country’s largest provider of recruitment process outsourcing (RPO) services.

MrTed will provide technology and support for SFSC’s far-ranging and highly complex recruitment RPO services. This contract opens the door to roll out MrTedTalentLink to more than 13,000 clients across China. The contract is the second in the last quarter between MrTed and a major Chinese organization and also follows the recent release of an independent market analysis by Bersin & Associates that shows MrTed to be the leading provider of talent acquisition solutions worldwide for large employers.

Established in 1984, SFSC is a professional company in human resources service industry that provides advanced solutions for recruitment, employee dispatching, HR agency, payroll management, benefit administration, consulting and training services. With a nationwide service network, complete service products, one-up technical platform, high-level quality management and professional service teams, SFSC provides professionals with a one-stop HR outsourcing service for more than 13,000 clients and quality services for more than 350,000 employees. Currently 85 percent of the Fortune Global 500 in China use SFSC services.

“This contract with SFSC definitely solidifies our global leadership position in the RPO and human resources outsourcing space, as well as our leadership in China,” said Jerome Ternynck, CEO for MrTed. “With the introduction of MrTedTalentLink Version 9 and its cloud computing capability, our Chinese customers have the complete freedom to access and customize the information they need when and where they need it. It’s a quantum leap in terms of competitive advantage.”

Jason Xu, the General Manager of RPO business, SFSC, said the company chose MrTed because, as the recent Bersin & Associates report noted, MrTed is extremely well-suited for large companies that require systems with multiple processes and the ability to manage compliance and operations in multiple languages.

“We are also very excited about the potential for MrTedTalentLink Cloud 9, with its full embracing of cloud computing technology for RPO services and what that could mean for SFSC,” said Xu.

Today, SFSC’s customers include leading multinational companies, wholly owned foreign enterprises, joint ventures of Chinese companies and foreign companies, cooperative companies of Chinese and foreign companies, state-owned enterprises, and private businesses covering high-tech industries in communication electronics, IT, bio-technology, Internet, automotive, petrochemical, medical, financial and the fast-consumables industry.

“This is a significant and very exciting opportunity for MrTed,” said Johnny Wang, Managing Director for MrTed China. “Our collaboration with SFSC further proves our ability to serve a global client base, and particularly highlights our understanding of the Chinese market.”

For more information on MrTed, please visit www.mrted.com.
Matt Lafata, HRchitect

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Leading Organizations Energize Their Talent Acquisition Strategy with Peopleclick…from Peopleclick

November 20, 2009

 

Peopleclick Experiences Strong Momentum Across All Three Product Lines

HRchitect includes Peopleclick in our list of top Talent Acquisition Systems vendors that businesses should consider. Peopleclick participated in the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Peopleclick, Inc., the leading provider of talent acquisition and workforce compliance and diversity solutions, announces strong momentum across all product lines as several leading organizations have selected Peopleclick to transform their talent acquisition strategy. New clients utilizing solutions within the Peopleclick Talent Acquisition Suite include Pepco Holdings, Inc., Pike Electric, Volkswagen U.K., GENCO Supply Chain Solutions, University of Pennsylvania Health Systems and Steria Recruitment.

Peopleclick RMS is the first recruitment management system Volkswagen U.K. has implemented within its U.K. headquarters. “Volkswagen U.K. decided to partner with Peopleclick because they provide a world-class single-source solution for managing our entire recruitment process, giving Volkswagen the ability to achieve multiple hiring objectives within our organization,” said Lorna Fletcher, Resourcing Business Partner for Volkswagen U.K. “For the first time, Volkswagen is able to leverage its corporate brand to promote all positions under the Volkswagen Group umbrella.”

Several recent Peopleclick clients will be implementing more than one solution within the Peopleclick Talent Acquisition Suite. Both Pepco Holdings, Inc. and Pike Electric will be using Peopleclick RMS and Peopleclick CAAMS affirmative action software to manage their recruitment needs and diversity and compliance objectives. Steria Recruitment has deployed Peopleclick VMS to manage their clients’ temporary workforces and control spend and authorization processes thus increasing the effectiveness of their contingent labor program.

Lastly, GENCO has selected the Peopleclick CAAMS solution to monitor their affirmative action plans and goals. “GENCO is looking forward to our partnership with Peopleclick,” added Julie Arrington, Director of Teammate Services at GENCO. “Peopleclick CAAMS is a true enterprise software solution that will provide the most effective way for our company to fulfill our short and long range affirmative action and diversity initiatives. By providing greater flexibility and reporting capabilities, we will be able to perform cost-effective monitoring of our compliance and diversity goals on a regular basis.”

Peopleclick’s momentum has delivered record levels of new business for the company during the second and third quarters of 2009. “Organizations realize the strength of their workforce can affect the longevity of their business success,” said Mike DeFrancesco, Chief Financial Officer of Peopleclick. “Within one cohesive platform, our technologies provide clients with the most intuitive talent acquisition solutions available, making their job functions more effective. With the economy showing signs of recovery, new clients are implementing these solutions so they will be in a position to attract top talent and stay a step ahead of their competitors. Meanwhile, Peopleclick’s technology will provide these organizations with a holistic view of their hiring strategy to reduce costs, reduce turnover and manage their contract labor all in a compliant manner.”

To learn more about Peopleclick, please visit www.peopleclick.com

 

Matt Lafata, HRchitect

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TEDS Releases New Version of Talent Management Suite with Workforce Planning and Management Module…from TEDS

November 12, 2009

 

Workforce management dashboard highlights newly-upgraded TEDS suite, which now delivers more power and ease of use  

HRchitect featured TEDS in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

TEDS, Inc., originator of the organic, fully integrated Talent Management solution, today released version 9.1 of its Talent Management Suite. The suite’s newest module, TEDS Workforce Management, provides companies with another key competitive advantage.

“Intelligent workforce planning and management are critical to gaining and preserving a competitive advantage in the marketplace,” said Joe Ellis, chief executive of TEDS. “That is why we have always had strategic workforce planning capabilities built into the TEDS Talent Management Suite. In this new module however, we have made all these functions and capabilities easily accessible via our new workforce manager dashboard. This puts unprecedented power, effectiveness and ease at the fingertips of workforce planners.”

TEDS Workforce Planning & Management enables organizations to define corporate business initiatives, measure workforce readiness to accomplish business goals, manage the progress toward initiative completion and track hiring for these initiatives. This new module leverages existing talent data and interacts with all other modules of the TEDS Talent Management suite to deliver a new dimension in workforce management.

“TEDS Workforce Planning & Management enables workforce planners to create strategies and initiate actions that ensure workers gain the necessary knowledge and skills to meet organizational goals,” said Lynda Helton, TEDS’ vice president for research and development. “Workforce planners and managers can monitor the progress of employees toward competency achievement, skill gap closure and organizational readiness for individual projects and for overarching business initiatives across the enterprise.”

The new module minimizes the negative effects of external forces on enterprise performance including fluctuations in the economy, new regulations, increased competition, and market demands for new or improved products or services, while pre-empting reactionary responses to these market influences.

Organizations can use TEDS to ensure that their workforce planning and management strategy aligns with and supports their overall talent management strategy. Company-wide workforce planning easily replaces fractionalized planning by different departments or business units.

TEDS Workforce Planning & Management ensures an organization’s talent is ready when needed.

A component of the TEDS suite of integrated, single-platform software solutions, TEDS Workforce Planning and Management provides its own powerful capabilities while also wrapping around all other TEDS Talent Management Modules to access and leverage employee data residing in those modules.

TEDS’ latest release provides enhancements to other software modules, including TEDS’ RTC Power (roles, tasks and competency management) and TEDS Job Vision, which manages staffing and talent acquisition.

For more information about TEDS, please visit www.teds.com

 

Matt Lafata, HRchitect

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PageUp People Launches Pre-Emptive Recruiting…from PageUp People

November 12, 2009

 

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Leading Talent Management solutions provider PageUp People, has today announced the latest enhancement to the Recruitment Management Solution that is set to further revolutionize the recruitment process for organizations across the globe.

The pre-emptive technology, believed to be the first of its kind globally, takes e-Recruitment tools to the next level by including smart features to assist recruiters in finding quality talent.

Through the use of Artificial Intelligence (AI) technology, the upgrade to the PageUp People Recruitment Management Solution prompts recruiters to candidates automatically identified as having a strong fit to a role.

By finding quality candidates prior to sourcing the job, the enhancement is expected to save PageUp People clients significantly on sourcing and agency fees as well as dramatically reduce time to fill.

Karen Cariss, PageUp People CEO, notes that this upgrade is the company’s innovative approach to helping clients in the current economic situation.

“We have taken an original approach to helping recruitment departments globally in getting the recruitment engine back to full steam post the global financial crisis.

It has been a challenging time for many over the last 12 months and this enhancement reflects the change in our clients recruitment needs as they begin to build up activities again whilst still being sensitive to spending constraints.”

The enhancement, introduced to clients at the recent User Group events, was met with much excitement and is now available for all current clients across the globe.

For more information on PageUp People, please visit www.pageuppeople.com

 

Matt Lafata, HRchitect

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Kenexa Recognized as a Talent Management Systems Leader in Bersin & Associates Research…from Kenexa

November 11, 2009

 

Market Study by Leading Research Firm Acknowledges Kenexa’s Sophisticated Analytics Tools, Strong Integration of Assessments

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today announced it has been recognized as a market leader in the recently released Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study, conducted by Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management and talent acquisition, is a comprehensive market review and buyers’ guide for talent management software systems.

The report found that, despite the recession, the talent management systems market has thrived over the last year and vendors have seen significant growth. Based on market data and information provided by vendors, Bersin & Associates project that the market will expand by 15 percent over the coming year. The report also found that the market is crowded with many providers with similar solutions. The key differentiator that drove overall satisfaction was the customer experience, including partnership relationships with vendors and customer service. According to Bersin, organizations are no longer willing to sacrifice functionality in order to standardize technology and are expecting more from their providers.

“We are pleased to have been recognized in Bersin’s research. Kenexa’s industry-leading applications are built using innovative technology and driven by customer requirements, giving our clients what they need on an integrated platform. This, along with our commitment to Extreme Service, is what sets Kenexa apart from the competition and has sustained our growth in this economy,” commented Rudy Karsan, Kenexa’s CEO.

“Our goal is to address the real business impact of these systems and identify the market leaders. Despite the economic recession, the talent management software market continues to outpace new spending on core human resource management software. While it is still a very competitive market, the real market leaders are starting to emerge,” said Josh Bersin, president, Bersin and Associates.

Out of 24 companies profiled, Kenexa ranked No. 4 in market share by revenue and by number of enterprise customers.

Kenexa offers Integrated Talent Management (ITM) to facilitate each step of the employee lifecycle. The SaaS-based applications are unified through common services and enable clients to have access to continuous upgrades, expert functionality and streamlined customer support for single point solutions or across multiple Kenexa applications delivering holistic talent management.

The Bersin & Associates study particularly acknowledged the strength of Kenexa’s sophisticated reporting and analytics tools and the integration of its market-leading psychometric assessments. 

Karsan concluded, “By leveraging the expertise of our more than 100 industrial organizational (I/O) psychologists, HR researchers and recruiters, as well as the best practices we’ve learned from more than 20 years in the industry, Kenexa enables organizations to not just deploy technology but to maximize its business value.”

The 400-plus-page study is based on detailed briefings and product demonstrations provided by 24 vendors; completed surveys from 460 HR, learning and development, and information technology professionals; and more than 40 interviews with HR and talent leaders.

For more details about the study, please visit www.bersin.com/tmsystems.  

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

 

Matt Lafata, HRchitect

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Newton Software Receives Positive Feedback at Popular Silicon Valley Technology Event…from Newton Software

November 11, 2009

 

Joel Passen, VP of Marketing and Co-founder of Newton Software will appear on the HRchitect WebMingle on December 11, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Newton Software, a startup building innovative, easy-to-use, applicant tracking software, presented to a packed house last week at DLA Piper’s Silicon Valley headquarters. The event, a monthly showcase of new technology startups, drew a diverse crowd of Silicon Valley engineers, business people, vendors, lawyers and venture capitalists. Newton was among the 4 lucky startup companies selected to demo their application this month in the allotted 5 minutes and then field follow up questions from the audience.

As the co-founders of Newton led the audience through a short demo of their product, it became evident that design and usability are indeed the knockout features of their system. Newton is designed to help you organize and manage your corporate recruiting program so nothing slips through the cracks. When you sign up for one of their affordable pricing plans, you’ll receive a fully branded careers page, free job advertising, an easy-to-use collaboration platform, and amazingly powerful, real-time analytics dashboard all the same day. 

Newton’s VP of Marketing, Joel Passen, emphasized that Newton requires very little training to get started and that you can be up and running the same day you sign up for the service. During the demonstration, Joel took attendees through a 30 second mock training of Newton to emphasize Newton’s ease of use. “If you like the candidate, press the green button.  If you don’t wish to continue with an applicant, push the red button. Green means go. Red is no. It doesn’t get much simpler than that”, chimed Passen.

While the founders started the company in January of 2009, they’ve been developing and improving Newton since 2004. Originally conceived to run a recruiting services business, Newton has been deployed to thousands of users prior to the official launch of the company. The current version of Newton is designed for corporations, mainly small and medium sized businesses, to manage internal hiring programs. The founders say they are working on a version for recruitment outsourcers that may be ready for release as soon as Q1 2010.

So what can Newton customers expect to see before the end of the year? Steve Hazleton, Newton’s CEO and Head of Products, promises his design team has been anything but complacent lately. “We’ll be shipping a feature later this month that’ll significantly improve the applicant experience while also allowing recruiters to be more efficient. And, for companies that need to track EEO information, we’re releasing the industry’s most advanced EEO/OFCCP compliance and reporting feature before the end of the year.”, said Hazelton in a post-demo interview.

Hazelton also hinted at an extensive roadmap that will feature additional thoughtful features designed to continuously improve recruiting and to constantly enhance the applicant experience.

For more information on Newton, please visit www.newtonsoftware.com

 

Matt Lafata, HRchitect

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MrTed and Broadbean announce strategic partnership…from MrTed

November 11, 2009

 

HRchitect includes MrTed and SmartRecruiters in our list of top Talent Acquisition Systems vendors that businesses should consider. Jerome Ternynck, CEO of MrTed appeared on the HRchitect WebMingle on May 22, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

MrTed Ltd, the leading global provider of Talent Acquisition Solutions, has entered a strategic technology partnership with Broadbean Technology, the global leader in advert distribution and response tracking technology.

The partnership will give MrTed’s customers the ability to instantly advertise positions to any job board from their familiar front office interface. This powerful combination will enable organisations to identify new recruitment channels, reduce cost per hire and build their brand across untapped communities.

Broadbean is used by hundreds of staffing companies and employers around the world to manage job posting delivery. The software helps organisations increase the effectiveness of online recruitment advertising by providing exact return on investment metrics on job board performance.

“Our goal is to provide a unified talent acquisition process for our users. Job boards are at the core of talent attraction and the Broadbean integration provides our users with a seamless link between MrTed and hundreds of advertising outlets. Broadbean’s market leading position and innovative technology made them the natural choice for this technology partnership” said Raymond van der Wal, Global Director Services MrTed.

Lee Anne Davey, Client Services Director commented “We are pleased to have this partnership in place with MrTed and it will allow clients to expand their recruitment efforts globally without the need to implement new technology. We have been working with MrTed for over 5 years and share a number of mutual clients. Both companies have invested this year to enhance the service offering and user experience by putting in place the Broadbean Hybrid integration. This strategic partnership will reinforce both parties mission to offer clients the most advanced, effective and scalable recruitment tools on the market”.

For more information on MrTed, please visit www.mrted.com.

 

Matt Lafata, HRchitect

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Kenexa Announces Financial Results for Third Quarter 2009…from Kenexa

November 4, 2009

 

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Kenexa (Nasdaq: KNXA), a global provider of business solutions for human resources, recently announced operating results for the third quarter ended September 30, 2009. 

For the third quarter of 2009, Kenexa reported total revenues of $40.3 million, a sequential increase compared to $39.5 million for the second quarter of 2009 and compared to $54.0 million for the third quarter of 2008.  Subscription revenue was $33.2 million for the third quarter of 2009, compared to $43.0 million for the third quarter of 2008, while professional services and other revenue was $7.1 million for the third quarter of 2009, compared to $11.0 million for the third quarter of 2008.   

Rudy Karsan, Chief Executive Officer of Kenexa, stated, “We are pleased with the company’s financial results for the third quarter, which were consistent with or better than our expectations.  We are encouraged that our total revenue grew slightly on a sequential basis, deferred revenue grew 20% on a year-over-year basis and cash flows from operations were again solid with $6 million generated in the quarter.” 

Karsan added, “From a macro perspective, we expect to continue facing headwinds until the unemployment rate stabilizes.  We believe that Kenexa has weathered the most difficult stage of the economic challenges, and the company is well positioned when the spending environment ultimately improves.  Customers are increasingly engaging in strategic evaluations, and the power of Kenexa’s end-to-end value proposition is evidenced by a number of highly competitive wins for global, multi-element solutions during the third quarter.” 

Non-GAAP income from operations, which excludes share-based compensation expense and amortization of intangibles associated with previous acquisitions, was $4.3 million for the three months ended September 30, 2009, compared to $10.3 million for the three months ended September 30, 2008.  Non-GAAP net income, which excludes the above mentioned items, was $4.0 million.  Non-GAAP net income was $0.18 per basic and diluted share for the quarter ended September 30, 2009, which was above the company’s guidance of $0.13 to $0.16 as a result of a $0.02 per share contribution from a lower-than-expected tax rate.  Non-GAAP net income was $0.36 per basic and diluted share in the third quarter of 2008.  

Kenexa’s income from operations for the three months ended September 30, 2009, determined in accordance with GAAP, was $1.9 million, compared with income from operations of $7.5 million for the same period of 2008. GAAP net income was $1.6 million, or $0.07 per basic and diluted share, compared to net income of $5.4 million and $0.24 per basic and diluted share in the same period of 2008.

A reconciliation of GAAP to non-GAAP results has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

Kenexa had cash and cash equivalents and investments of $50.2 million at September 30, 2009, an increase from $47.2 million at the end of the prior quarter.  The Company generated positive cash from operations of $6.1 million during the third quarter, which was partially offset by capital expenditures.  Deferred revenue was $44.2 million at September 30, 2009, an increase of approximately $2.0 million compared to the end of the second quarter 2009 and an increase of 20% from the end of the year ago period. 

Business Outlook
Based on information as of today, November 3, 2009, the Company is issuing guidance for the fourth quarter 2009 as follows: 

Fourth Quarter 2009: The Company expects revenue to be $38 million to $40 million, and non-GAAP operating income to be $3.3 million to $3.9 million. Assuming a 15% effective tax rate for reporting purposes and 22.9 million shares outstanding, Kenexa expects its non-GAAP net income per diluted share to be $0.13 to $0.15. 

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

 

Matt Lafata, HRchitect

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Taleo Delivers Strong Third Quarter Results …from Taleo

October 29, 2009

 

Posts Record Revenue of $50.7 Million; Generates $13.6 Million in Cash Flow From Operations; Adds More Than 40 New Performance Management Customers; Increases Sales Across Enterprise Segment for Full Talent Management Suite of Solutions

HRchitect featured Taleo in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Taleo participated in the Talent Management Systems panel and Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow. Kevin Marasco, VP Brand Marketing with Taleo will appear on the HRchitect WebMingle on November 6, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Taleo Corporation (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced its financial results for the quarter ended September 30, 2009.

Summary quarterly highlights:

–  GAAP revenues of $50.7 million for the third quarter of 2009, an increase of 9% year-over-year.

–  GAAP application revenue increased to $44.9 million, growth of 20% year-over-year and 5% quarter-over-quarter.

–  GAAP net loss of $(1.1) million or $(0.04) per share.

–  Non-GAAP net income of $6.7 million, or $0.20 per fully diluted share.

–  Cash flow from operations of $13.6 million; total year-to-date cash flow from operations increases to $30.1 million.

–  Signed 167 new customers, including 17 new Taleo Enterprise customers and 150 new Taleo Business Edition customers.

–  Closed 7 large enterprise deals with annual contract values in excess of $250,000.

–  Signed more than 40 new performance management customers across both enterprise and SMB segments, increasing the company’s total performance management customer base to more than 160.

–  Announced an agreement to acquire the remaining shares of strategic partner Worldwide Compensation, Inc.

–  Launched the Talent Grid ‘cloud community’ set of online exchanges to the market, and announced plans to deliver Taleo 10 in the fourth quarter of 2009.

“Strategic talent management is driving innovation, growth and business success for companies of all sizes,” said Michael Gregoire, Taleo Chairman and CEO. “Those that are locking in their growth plans for 2010 are choosing Taleo to transform how they optimize their businesses by using the most advanced talent management system, Taleo. An example of this is Harris Teeter, the grocery store chain, which standardized their recruiting on Taleo in Q2 2008, and based on the positive impact on their business, expanded their use of Taleo this quarter.”

Significant achievements included:

–  Acquired 17 new enterprise customers, and closed 7 large enterprise deals with annual contract values in excess of $250,000. New enterprise customers include: Cognizant Technology Solutions, Shaw Industries, U.S. Cellular, Lifespan, Xcel Energy, Itron, Atmos Energy, and Centegra Health System.

–  Signed 150 new small and medium-sized customers. Taleo Business Edition, a talent management solution targeted at companies with less than 5,000 employees, now has more than 3,500 customers. New Taleo Business Edition customers include: Skymall, Medical Management Resource Group, Wesley Homes, vCustomer Corp., RQ Construction, Lakeside Schools, TIB Bank, Talyst and Communications Infrastructure Group.

–  Received Human Resource Executive magazine’s Product of the Year award for Taleo Perform, the company’s performance management solution for small-to-medium sized businesses.

–  Continued momentum in enterprise talent management suite sales. Sales this quarter included both new and existing customers, with several long-standing Taleo recruiting customers choosing to power their talent management initiatives with Taleo’s performance management solutions and new customer Penske Truck Leasing selecting Taleo to start with a unified offering.

–  Strong quarter in new performance management deals across both enterprise and SMB segments. Taleo now has more than 160 performance management customers, up from roughly 120 at the end of the second quarter of 2009. New enterprise performance management customers include: RSC Equipment Rental, SavaSeniorCare, Talisman Energy and a Fortune 500 customer closed through IBM.

–  Hosted its annual user conference, Taleo WORLD, in Las Vegas to its largest audience of customers, prospects, partners and industry influencers.

–  Announced plans to deliver to market a complete Talent Management suite of solutions for enterprise and small-to-medium sized businesses, called Taleo 10. The enterprise solution includes a unified interface across all components, and new capabilities in recruiting, development planning, and also mobile/social networking enablement. The SMB solution will add compensation management functionality. Taleo 10 is expected to be generally available in the fourth quarter of 2009.

–  Launched the Talent Grid to offer customers and partners online access to a broad collection of talent management domain expertise.  The Talent Grid is comprised of the Knowledge Exchange, providing an online customer community for best practices; the Solution Exchange, providing a wide range of partner solutions; and the Talent Exchange, providing a global network of candidates and careers.

–  Announced plans to acquire the remaining shares of strategic partner Worldwide Compensation, Inc., adding best-in-class compensation management functionality to our suite of unified talent management applications.

–  Continued to achieve Vurv customer conversions and commitments to convert to Taleo. Recent Vurv customers committing to Taleo include: Northrup Grumman, Perot Systems, Magellan Health Services, Adventist Health System, United Stationers, Harland Clarke and Total System Services.

Taleo delivered the following financial results:

Revenue: Total revenue for the third quarter was $50.7 million, representing an increase of 9% on a year-over-year basis. Application revenue for the third quarter was $44.9 million, an increase of 20% on a year-over-year basis.

Net Income (Loss) and Net Income (Loss) Per Share to Common Stockholders: Net loss was $(1.1) million for the third quarter, compared to a net loss of $(5.9) million for the same period last year. Net loss includes $3.6 million in amortization expense related to the acquisition of Vurv, stock-based compensation expense of $3.1 million and $1.1 million of other expense related to the write-off of the Worldwide Compensation purchase option. Net loss per share was $(0.04) for the third quarter of 2009 based on 30.9 million weighted average shares outstanding compared to a net loss per share of $(0.20) for the same period in 2008 based on 29.4 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share: Non-GAAP net income was $6.7 million for the third quarter of 2009, compared to non-GAAP net income of $5.1 million in the same period last year. Non-GAAP net income includes amounts excluded from GAAP revenue due to the write down of the deferred revenue associated with purchase accounting for the Vurv acquisition, and excludes stock-based compensation expense, amortization of acquired intangibles, restructuring and severance expense and the write-off of the Worldwide Compensation purchase option. Non-GAAP net income per fully diluted share was $0.20 for the third quarter of 2009 based on 33.9 million weighted average shares outstanding compared to non-GAAP net income per fully diluted share of $0.15 for the same period in 2008 based on 33.3 million weighted average shares outstanding.

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

 

Matt Lafata, HRchitect

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Kenexa Ranked Number 363 Fastest Growing Company in North America on Deloitte’s 2009 Technology Fast 500…from Kenexa

October 23, 2009

 

Attributes its 340 Percent Revenue Growth to Dedication to Extreme Service, Innovation

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Kenexa (Nasdaq: KNXA), a global provider of talent management and retention solutions, today announced that it ranked number 363 on Technology Fast 500, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. Kenexa grew 340 percent during this period. Kenexa was also ranked 17 in Deloitte’s prestigious 2009 Greater Philadelphia Fast 50. 

Rudy Karsan, Kenexa’s CEO, commented, “We’re honored to be ranked once again among Deloitte’s Technology Fast 500 companies. Kenexa provides superior and innovative business solutions for human resources that support the entire employee lifecycle from pre-hire to exit. We continue to achieve because of our global teams’ commitment to providing extreme service and leading-edge technology that supports our larger purpose — transforming the global workforce by identifying the best individuals for every job and creating the best work environments for every organization.”

Kenexa offers industry-leading technology that facilitates each step of the employee lifecycle. The company’s innovative solutions – including employee assessments, onboarding, performance management, employee surveys, Interview Builder assessment solution, Kenexa Recruiter BrassRing applicant tracking system and more – are driven by customer requirements and are built on the science of human behavior.

“Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, vice chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. “We congratulate Kenexa on this accomplishment.”

“With its impressive five-year growth, Kenexa has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, managing partner, Technology and Venture Capital Services, Deloitte & Touche LLP. “Deloitte is proud to honor Kenexa for its achievement.”

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

 
Matt Lafata, HRchitect

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Hodes IQ Receives High Marks in Newly Published Bersin & Associates Talent Acquisition Report…from Hodes iQ

October 23, 2009

 

Hodes IQ Receives High Marks in Newly Published Bersin & Associates Talent Acquisition Report

Research study cites employer branding experience and powerful sourcing tools as industry leaders

HRchitect includes Hodes iQ in our list of top Talent Acquisition Systems vendors that businesses should consider. Hodes iQ competed in the HRchitect Beauty Pageant on Talent Acquisition Systems in August 2009, where they were crowned the winner. Jeremy Shapiro, Senior VP with Hodes iQ appeared on the HRchitect WebMingle on September 18, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Hodes iQ, Bernard Hodes Group’s award-winning talent acquisition and management product, was recently recognized in a comprehensive research study by Bersin & Associates as an industry leader in the crucial areas of employer branding, source-of-hire tracking and customer service. Furthermore, the study names Hodes iQ as a top choice for mid-market and enterprise-level companies seeking to improve employer branding and streamline recruitment processes.

“Talent Acquisition Systems 2010: Facts, Practical Analysis, Trends, and Provider Profiles,” is the first study to thoroughly assess the state of the talent acquisition market and serves as a buyer’s guide to talent acquisition software systems, and the objective of the research was to address market shifts and best practices, along with profiling the leading talent acquisition systems. The report explores and reviews each talent acquisition company including background, core and advanced features offered, service offerings, key differentiators and quality of user experience.

According to Bersin & Associates’ research, Hodes iQ is a leading SaaS (Software as a Service) talent acquisition and management system with the combination of a top-ranked, job-posting system, résumé data mining system and expertise in best-in-class corporate career sites.

Other key differentiators for Hodes iQ, according to the study, include: 

• Having the ability to provide both the technology and the branding for customers.

• Developing a strategy of investment in additional support and technology for customers.

• Continuing to grow during an economic downturn.

• Providing users the ability to track and analyze the source of hires through its embedded and native job sourcing and distribution technology, SmartPost, which is cited for being a “great source of data for customers looking for insight on the best job boards”.

“This study confirms that for recruiters as well as for HR leaders, Hodes iQ is ahead of the curve as candidate behavior and talent management solutions continue to shift, and employers need the kind of tools and support to work efficiently, productively and with measurable results,” said Dwaine Maltais, senior vice president, E-Recruiting Solutions.

Hodes iQ also stands out from other companies in this space by providing excellent customer service and support.

For more information on Hodes iQ, please visit www.hodesiq.com

 
Matt Lafata, HRchitect

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SilkRoad technology Announces Q3 Results for 2009…from SilkRoad

October 17, 2009

 

Success driven by new product and continued adoption of Life Suite

HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad participated in the Onboarding Systems panel on June 10, 2009 as part of theHRshow. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009 where they were crowned the winner. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

SilkRoad technology, inc., a leading provider of talent management solutions, announced today that the third quarter of 2009 marked the 25th consecutive period of sales growth for the company. Highlights from the quarter include SilkRoad’s new core HR system, HeartBeat; the industry’s first talent management assessment tool; an expanded alliance with top employment site Monster; and continued widespread adoption of the company’s Life Suite solutions.   

SilkRoad had a record Q3 with its dominant recruitment management and retention strategy solutions, OpenHire and RedCarpet, driving more effective talent acquisition through the use of social networks and strategic talent brand management. Healthfirst, US Oncology, Inc., and Wake Forest University all purchased both OpenHire, for recruiting management and RedCarpet, for employee onboarding and life events. Other clients purchasing the Life Suite included: Life Style Family Fitness, Pratt Institute, USAble Life, CentralCare, Cook Children’s Health Care System, Renal Ventures Management, LLC, SIRVA, and Summa Health System. 

“This has been another very exciting quarter for SilkRoad with a sizeable number of clients opting to purchase multiple Life Suite products,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology.  “With the addition of our new product HeartBeat, we have been able to extend what was already an unparalleled package of talent management and HR solutions.”  

“As always, we are very excited about our ongoing partnerships.  This quarter our work with Aberdeen Group generated a groundbreaking talent management assessment tool for the industry and our extended alliance with Monster helps clients get job postings out as quickly as possible.  Both of these initiatives further our perpetual goal: helping every company recruit and retain the best fit talent for their organizations,” continued Filipowski.

At the annual HR Technology Conference in September, SilkRoad announced a new proprietary Software as a Service Core HR solution that will join its award-winning Life Suite.  The new product, HeartBeat, allows secure and reliable access to key HR information for both employees and management by creating a “system of record” to store all employees’ core data. 

With HeartBeat, both workers and managers have access to and can act on HR information relevant to them.  The core HR system also allows for easy creation of analytics and reporting, from complete organizational charts and headcount reports to specific business unit and work analytics, offering insight and strategic value in managing enterprise human capital.

This quarter SilkRoad also announced the availability of the first interactive talent management assessment tool designed specifically for the Human Resources industry. SilkRoad’s talent management benchmark tool, which is free to users, allows organizations to compare their performance against companies from around the world.  The benchmark tool was created in partnership with Aberdeen Group and will help companies identify areas for improvement across their talent management portfolios. In order to compile the data used in this tool, Aberdeen collected and analyzed data, including over 640,000 data points, from more than three thousand organizations around the world.

At the end of September, SilkRoad received a top ranking in the 2009 Aberdeen AXIS report for Talent Acquisition Systems. The AXIS report provides a Best-in-Class performance evaluation, and assessment of each vendor’s market readiness as determined by over 250 evaluation criteria. “We are extremely proud to not only be included in this report, but to be a clear market leader for Applicant Tracking and Talent Acquisitions,” said Brian Platz, SilkRoad COO.

SilkRoad also extended its alliance with Monster, the leading global online careers and recruitment resource, to provide real-time posting tools into the OpenHire recruiting management solution. These newly available tools will enable SilkRoad technology customers to seamlessly post their open positions and manage applicant data. With the real-time posting feature, customers can post jobs from OpenHire to Monster in real-time, making job postings available to jobseekers sooner than ever before. Additionally, SilkRoad has been able to take advantage of some of Monster’s advanced integration components, allowing organizations to view available inventory in real-time without ever leaving OpenHire.

Last but certainly not least, SilkRoad was honored by The Business Journal in September as the number 12 fastest growing company in the Triad area.  The Business Journal counted down the region’s fastest growing privately held companies at an event that annually honors the successes of private businesses and their owners – as well as the growth and contribution of the 50 most dynamic companies that have strong impact on the Triad’s economic success.

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

 
Matt Lafata, HRchitect

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Bond Talent Software Released in United States…from Bond International

October 16, 2009

 

Bond International Software launches its globally successful e-recruitment solution to the US corporate recruitment market

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Bond International Software today announced the U.S. launch of its powerful Bond Talent software. The multi-lingual web-based e-recruitment and talent management software was released at Human Resource Executive magazine’s 12th Annual HR Technology Conference & Exposition at McCormick Place, Chicago.

“Bond Talent will fully integrate e-recruiting and talent management in a Human Capital Supply Chain environment, where the flow of data between corporations and their staffing suppliers becomes transparent,” says Tim Giehll, Chief Executive Officer. “Bond Talent allows users to manage and maintain relationships with top talent — internal employees, flexible staff, contractors and consultants — optimizing the total workforce mix. This is simply the most intuitive staffing software available today.”

Key features of Bond Talent software include: 

  • an online application portal
  • applicant tracking tools
  • search function
  • job board export
  • on boarding
  • Outlook integration
  • agency VMS portal
  • customizable reports
  • multi-lingual and multi-currency capabilities

Bond Talent is a specialist application for the global e-recruitment and talent management markets. This versatile web-based application has been designed to manage the complete recruitment lifecycle and to enhance the strategic capability of in-house resourcing teams.

“By streamlining the process of finding, staying in touch, building relationships and managing top talent, companies can reduce their cost per hire and better utilize just-in-time talent techniques,” says Giehll. “Internationally, Bond has successfully deployed Talent in key industry sectors: retail, aviation, utilities, construction and finance, to name a few.  Market leading companies in the UK and Middle East such as Tesco, EasyJet, HBOS and Drake & Scull have chosen Talent to transform their resourcing function and improve productivity.”

Bond International Software has more than 35 years’ investment and focused effort in recruitment technology and is developing a solution to integrate Bond Talent with its other industry leading solutions – Bond Adapt and Bond eEmpACT. This will create a seamless global Human Capital Supply Chain environment between corporations and their strategic staffing suppliers.

Last year Bond was added to the Gartner Magic Quadrant for e-Recruitment Software . Gartner noted that Bond “has a solid global service and support infrastructure, as well as a global product foundation. Its experience in the third party staffing firm market provides it with credibility in the corporate recruiting market and it has financial viability through its stock market listing”.

Bond is a rapidly growing provider of web-based e-recruitment and talent management software to the corporate market and Bond Talent is a powerful and versatile web-based application specifically developed for organizations who wish to streamline their in-house recruitment processes and save costs. The US launch spearheads the global expansion of the software which has proven its functionality and effectiveness.

“Gartner’s emphasis in their report on recruitment automation to improve efficiency, whilst supporting industry’s geographic needs and recruitment challenges, highlights precisely Talent’s functionality and Bond’s business ethic,” observes Giehll. “Our software products are designed not as ‘out-of-the-box’ solutions, but as flexible platforms from which we can evolve an entirely tailored solution to meet any business’ recruitment needs – large or small.”

More information about Bond Talent software can be found at www.bondtalent-us.com

 
Matt Lafata, HRchitect

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Peopleclick Adds New Mobile Platform to its Talent Acquisition Suite…from Peopleclick

October 9, 2009

 

Peopleclick Mobile Helps Organizations Connect with Candidates More Effectively

HRchitect includes Peopleclick in our list of top Talent Acquisition Systems vendors that businesses should consider. Peopleclick participated in the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Peopleclick, Inc., the leading provider of talent acquisition and workforce compliance and diversity solutions, announced the launch of Peopleclick Mobile recently at Human Resource Executive’s HR Technology Conference & Exposition in Chicago, IL. This platform of enhanced mobile recruiting capabilities, for both HR professionals and candidates, gives organizations the ability to advance their recruiting strategy while using mobile devices.

A new addition to the Peopleclick Talent Acquisition Suite™, Peopleclick Mobile expands Suite functionality to mobile devices including: 

  • The ability for HR professionals and managers to approve requisitions while they’re on the go
  • The capability to view reports and dashboards presented by the Peopleclick® Business Intelligence Platform
  • The means for candidates to manage interview schedules via mobile device, email and text messaging

This new offering provides multi-platform mobile support for browser-enabled smart phones including any Windows Mobile, Blackberry, iPhone and iTouch devices. Because users will access mobile features through a web browser, little to no additional configuration is required by the client, making it easy to extend the reach of their employer brand. In early 2010, further enhancements, including full mobile support of an organization’s career site, will be added to the platform featuring the capability to search, apply and monitor applications via mobile device.

“Peopleclick’s new mobile features bring an organization’s talent acquisition strategy to an entirely new level,” added Ginny Gomez, Peopleclick’s SVP of Product Management and Marketing. “With thousands of opportunities literally at their fingertips, candidates will have the ability to search and apply for jobs anywhere, anytime which is truly groundbreaking. Peopleclick Mobile is a robust solution that will assist HR managers and recruiters in reaching their goal of building a successful workforce.”

To learn more about Peopleclick, please visit www.peopleclick.com

 
Matt Lafata, HRchitect

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MrTed Signs Massive Talent Acquisition Software Contract with Chinese Government…from MrTed

September 23, 2009

 

Thousands of Recruiters Nationwide Will Leverage MrTed in the Largest-Ever Deployment of Cloud-Based Talent Acquisition Software

HRchitect includes MrTed and SmartRecruiters in our list of top Talent Acquisition Systems vendors that businesses should consider. Jerome Ternynck, CEO of MrTed appeared on the HRchitect WebMingle on May 22, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

MrTed Ltd, the global leader in Talent Acquisition Solutions, today announced it has signed a major contract with the Chinese Talent Association (CTA) of China’s Ministry of Human Resources and Social Security (MOHRSS) to build up a nationwide online Talent Acquisition System (TAS) and develop value-added services to help companies throughout the country improve the process by which they attract and hire the right talent, and help millions of talents in China to find the right job. 

CTA is responsible for managing all national talent policies, standards and regulations on behalf of the Chinese Government. The project with MrTed supports an unprecedented nationwide initiative to develop and leverage online talent acquisition services to increase speed and accuracy of hiring for tens of thousands of companies across all industries throughout the country. As the only true provider of on-demand global talent acquisition solution in China, MrTed is ideally positioned to better serve organizations seeking to identify and hire the most coveted talent by providing a solution that is easily configurable, rich in features, easy to implement, and seamlessly integrated to other enterprise-class business systems.

“The improvement of the national employment situation is one of the key objectives for the MOHRSS in the next 5 years. We are honored that the Chinese government eventually choose MrTed as the long-term and strategic partner for achieving this critical mission,” said Johnny Wang, Managing Director for MrTed China. “We will support CTA to setup the largest Talent Acquisition platform in China, thousands of recruiters in all major cities and districts across China will make use of MrTed’s flagship solution, MrTedTalentLink. As the market leader in China, MrTed was already positioned to serve the needs of leading global companies here, and now MrTedTalentLink is positioned to become the underlying hiring platform for the entire nation.”

“With China emerging from the global downturn faster than other economies, the need to attract, hire and retain the best talent is expected to increase.  That China has elected to centralize and standardize management of this critical process with MrTed clearly demonstrates the government agency’s appreciation for the best global talent acquisition solution.  It also underscores MrTed’s unique ability to help the world’s largest organizations to master the complexity of recruiting locally on a global scale,” said Jerome Ternynck, CEO and co-founder of MrTed. “We are very excited to work with the Chinese government on this very important project, and we are proud to be part of the largest-ever deployment of cloud-based talent acquisition software.”

For more information on MrTed, please visit www.mrted.com.

 
Matt Lafata, HRchitect

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