July 24, 2011
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
First Advantage, a leading global provider of talent acquisition and electronic data solutions, today announced that it has made a significant minority investment in Workstream Inc., headquartered in Maitland, Florida. The investment in Workstream was announced by Todd Mavis, CEO of First Advantage.
Workstream is a supplier of talent acquisition and talent management solutions and services for employers. The company’s Software as a Service (SaaS) solutions help employers manage critical issues relating to the performance, development and compensation of personnel. Workstream’s innovative systems are delivered in a Software as a Service (SaaS) offering to employers in a range of market segments.
Commenting on the investment, John Long, Workstream CEO, said: ”We welcome the investment from First Advantage as we continue to execute on our business plan to build a leading software and technology-enabled services business. We are focused on the critical needs of employers to match their talent strategy with their business strategy in key areas such as recruitment, performance, development and compensation management. This strategic investment will help drive innovative business concepts and continued growth of Workstream’s offering.”
“First Advantage is an excellent, visionary company and this relationship will benefit Workstream going forward,” Long added, “There are potential ways to capitalize on innovative research resources and a powerful international distribution network. This investment will help us move faster with our ambitious growth objectives.”
First Advantage supplies a range of human resource and legal support services. These services are used by over ten thousand employers for the recruitment, screening, on-boarding and assessment of job applicants and current personnel.
Making the announcement, Todd Mavis, CEO of First Advantage, said: “We are investing in Workstream for its high speed of innovation and entrepreneurial approach to bringing important solutions to the fast-growing human capital market. The services offered to employers are complementary to our own and bring exciting potential opportunities for our business.”
In connection with the investment, Marc Bala, a Director of First Advantage and Principal with Symphony Technology Group, Palo Alto, California, will join the Workstream, Inc. Board of Directors.
To learn more about First Advantage, go to www.fadv.com.
To learn more about Workstream, visit www.workstreaminc.com
Matt Lafata, HRchitect
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Posted by mattlafata
June 29, 2011
Scalable Onboarding Solution Eliminates Costly Service Engagements, Speeds Time to Productivity and Easily Adapts to Changing Requirements
HRchitect featured Taleo in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, further solidified its leadership of the small to mid-sized market with the release of a new and expanded Taleo OnBoard™ which will enable companies to quickly and easily onboard employees without the use of costly service engagements. This scalable solution easily adapts to changing requirements and engages new hires on their first day of work to speed productivity.
“The ability to create customizable bundles by position ensures that there isn’t a single thing that falls through the cracks when a new hire starts, and helps to hold individuals accountable for their pieces of the process,” said Casi Jewett, MA, PHR, Employee & Labor Relations for Santa Rosa Community Health Centers. “The new release of Taleo OnBoard will help us to further ensure compliance and speed up the onboarding process, which is critical in the fast-paced medical world.”
Taleo OnBoard debuts industry-first features such as dependent tasks, configurable forms, and location-based activities. The adaptable solution helps executives, line managers, and HR teams build a consistent and repeatable onboarding process. OnBoard builds the right foundation for new hires by providing a smooth and automated conversion experience from candidate to employee — making people feel connected and improving retention — while streamlining existing processes and eliminating mountains of paperwork.
“Taleo OnBoard is the only solution for the small and mid-sized business market that comprehensively equips companies to make the best impression on a new hire’s first day of work, which is a critical first step to engaging and retaining top talent,” said Michael Boese, Senior Vice President, TBE and Talent Grid at Taleo. “These new capabilities strengthen our suite of talent management solutions, including Taleo Recruit, Taleo Perform, Taleo Learn, Taleo Comp and Taleo Insight, and further drives Taleo’s position as the leader in the market.”
Dependent tasks allow employers to designate the order of different onboarding tasks so that the system automatically assigns new tasks upon the completion of other tasks.
Other industry-leading features include:
- Configurable Forms: Administrators can add unlimited, customized company forms– collecting and tracking information that becomes part of the employee record — without lengthy and costly services engagement.
- Employee Life Cycle Management: Reduce administrative burden and improve the communication and collection of information relating to life cycle events such as a change in employment status or signing a new employee handbook.
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: compensation, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Insight, Learn.com, learning, Matt Lafata, Michael Boese, Onboarding, Recruiting, Talent Acquisition, Talent Grid, Talent Management, Taleo | Permalink
Posted by mattlafata
June 10, 2011
Recent Research Shows how Assessment Data Helps Organizations Achieve Business Goals
HRchitect featured Kenexa in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in May, 2010 and the Kenexa World Conference in 2009 and 2010.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
As the only company currently offering fully integrated Assessment solutions that support the entire employee lifecycle, Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, understands how Assessments can help organizations identify, hire and retain right fit employees by predicting human performance and potential. The latest Assessments report from Boston-based Aberdeen Group, a Harte-Hanks Company (NYSE:HHS), supports Kenexa’s focus. Aberdeen’s research showed that organizations that used assessments in both the pre- and post-hire processes achieved, on average, 19% more of their organizational goals in the past year, as compared to organizations not using assessments.
“The results of the Aberdeen report further demonstrate what we at Kenexa have always known – assessment data can improve employee and organizational performance by ensuring the right person is hired for the right job,” stated Dr. Courtney McCashland, president of Kenexa’s Global Assessment Division . “Many of our long-term clients have experienced dramatic improvements in key business outcomes by using our assessment solutions. By understanding the key levers of a company, we are creating tools that help businesses hire a higher quality candidate.”
Mollie Lombardi, Senior Research Analyst, Human Capital Management at the Aberdeen Group, commented, “The research findings show a number of common attributes among best-in-class companies. For instance, best-in-class organizations are 85% more likely to be able to correlate post-hire assessment results to ongoing performance. And, organizations with a formal process to assess candidates, new hires and existing employees are 56% more likely to be best-in-class companies.”
With more than 1,000 ready-to-use Assessment tests available, Kenexa has been responsible for administering more than 30 million Assessments in 14 languages and in 44 countries in just the last two years. Assessments are based on seven key areas that predict individual performance and potential – experience, skills, abilities, personality, motivation, judgment and culture fit. Kenexa’s Assessments also integrate with recruitment technology, onboarding, career development, succession planning and leadership development to create a seamless user experience.
A complimentary copy of Aberdeen’s research, titled “Assessments 2011: Selecting and Developing for the Future,” can be downloaded here.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Aberdeen, Applicant Tracking, Assessments, BrassRing, Harte-Hanks, HCM, hiriing, HR Systems, HR Technology, HRchitect, Human Capital Management, Kenexa, Matt Lafata, Mollie Lombardi, Onboarding, Recruiting, sourcing, Talent Acquisition, Talent Management, WebMingle | Permalink
Posted by mattlafata
May 29, 2011
Cited as “The Learning Leader” in Comprehensive Analysis of Current Offerings
HRchitect featured Plateau in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and Learning Management Systems vendors that businesses should consider. Jeff Kristick, Sr. VP Marketing of Plateau Systems appeared on the HRchitect WebMingle on April 3, 2009.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Plateau Systems has been positioned as a “Leader” in the The Forrester Wave™: Talent Management, Q2 2011, published this week (May 23, 2011) by Forrester Research, Inc. Plateau achieved positioning in the Leaders Waves across Performance, Learning and Integrated Performance and Learning, and was cited as “the Learning Leader” in the report.
The report states: “In Forrester’s 108-criteria evaluation of talent management vendors that offer suites for both learning and performance, we found that Plateau edged out [the other evaluated vendors] for the top spot. Plateau’s stellar core learning functionality, coupled with advancements in performance management, boosted it to the top of the Leader category.”
The Plateau Talent Management Suite allows HR leaders and managers to bring the best out of their people — by automating and improving key talent management processes, delivering ongoing learning and development, and providing critical insight about the workforce.
“Plateau has been recognized as a leader in talent management, and was cited as the learning leader, one of the most critical aspects of talent management,” said Paul Sparta, chairman and CEO of Plateau Systems. “I’m immensely proud of the technology innovation and customer support that are behind our position as a leader in the Forrester Wave.”
Plateau recently entered into a definitive agreement to be acquired by SuccessFactors, the global leader in business execution cloud-based SaaS software, which is expected to close in summer 2011. Following the close of the acquisition, Plateau Learning and other products will be integrated with SuccessFactors’ BizX suite.
“The newest industry assessment of who is strongest in Learning brings tears to our eyes at SuccessFactors, and warrants our investment thesis. Reorganization that Plateau ‘edged out [the other evaluated vendors]‘ and words like ‘stellar core learning functionality’ shows that our acquisition combines the clear best-in-class in Learning, with SuccessFactors’ best-in-class Talent Management. No. 1 and no. 1 respectively joining hands to provide total cradle-to-grave people applications, including hiring and onboarding, the system of record for content, formal, informal and social learning, and all talent management, social and collaboration, and reporting and analytics — delivered in the cloud in every part of the world,” said Lars Dalgaard, founder and CEO of SuccessFactors. “I’d like to congratulate Paul and his team for achieving this recognition as a Leader from Forrester Research, and I personally can’t wait to start working with them as part of the SuccessFactors team.”
Dalgaard continued, “That Plateau was also recognized as the leader in combined Performance and Learning shows us that their expertise extends beyond just learning to master the key integration points and data flows that encompass an end-to-end employee engagement platform, and that this problem has already been figured out in the best possible way for our customers to enjoy. In fact, the first integrated customers are live and we are excited about the many new customers that have called us already in anticipation of what is to come in combining Plateau and SuccessFactors.”
For more information about Plateau, visit www.plateau.com.
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Analytics, Applicant Tracking, BizX, Forrester, HCM, hiring, HR Systems, HR Technology, HRchitect, Human Capital Management, Lars Dalgaard, learning, Matt Lafata, Onboarding, Paul Sparta, Performance Management, Plateau, Recruiting, Social, sourcing, SuccessFactors, Talent Acquisition, Talent Management, workforce | Permalink
Posted by mattlafata
April 22, 2011
Sales surge through new client wins and expanded customer deployments drives another successful quarter
HRchitect includes Position Manager in our list of top Talent Acquisition Systems vendors that businesses should consider. Michael DiPietro, VP of Marketing & Product Management with HealthcareSource will be on the HRchitect WebMingle on May 20, 2010. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
HealthcareSource®, the leading provider of talent management software solutions for the healthcare industry, today announced that in the first quarter of 2011 it saw strong results in new revenues driven by growing adoption and deployments of its software-as-a-service products including HealthcareSource Position Manager®, Performance Manager®, TestSource® behavioral assessment solutions, Physician Recruitment Manager® and Interview Manager. As a private company, HealthcareSource does not publicly report its sales and earnings.
“The first quarter of 2011 continues our ongoing track record of solid revenue and growth,” said Peter Segall, President and CEO of HealthcareSource. “Building on our 2010 momentum, we continue to add a large number of new customers, as well as follow-on purchases by legacy customers integrating additional HealthcareSource solutions with their prior investments.”
Healthcare organizations demonstrated their interest to invest in talent acquisition and retention through a significant uptick in their purchase and implementation of HealthcareSource solutions for applicant tracking, onboarding, pre-hire assessments, performance management, physician recruiting, video interviewing, and its industry-leading healthcare job board.
In April 2011, the Company announced the appointment of Mr. Bryce Chicoyne as Chief Financial Officer. A veteran financial and business leader who was previously an executive at Salary.com, Harvard Bioscience, and other technology companies, Mr. Chicoyne brings strong financial expertise and experience with leading vendors in the human capital (SaaS) market. With his appointment, Chicoyne joins a large group of new employees hired by HealthcareSource during the first quarter to meet the future needs demands of the company’s growing customer base and expanded product line.
HealthcareSource has added a number of new hospital clients, including regional health centers and large enterprise health delivery systems. Clients who purchased or expanded their HealthcareSource systems during in Q1-2011 include:
Alamance Regional Medical Center, Alexander Youth Network, Ashtabula County Medical Center, Bigfork Valley, Braintree Rehabilitation Hospital, Bronson Healthcare Group, Casa Colina Center for Rehabilitation, Cass County Memorial Hospital, Clark Retirement Community, CoxHealth, Doctors Community Healthcare Corporate, Eastern Connecticut Health Network, Emanuel Medical Center, Fisher-Titus Medical Center, Good Shepherd Medical Center, Gundersen Lutheran Health System, Health Essentials, Holzer Medical Center, Hugh Chatham Memorial Hospital, Jackson Purchase Medical Associates, Jefferson Radiology, Lehigh Valley Health Network, Los Robles Hospital & Medical Center, Madison County Hospital, Mary Free Bed Rehabilitation Hospital, Medical Facilities of America, Melmark Mercy Medical, Meritus Health, Methodist Hospital of Southern California, Methodist Rehabilitation Center, Middlesex Hospital, Munroe Regional Medical Center, Ohana Pacific – Hale Kupuna Heritage, Riverside Community Hospital, Saints Medical Center, Spectrum Medical Group, St. John’s Medical Center, Trinity Health, Trinity Mother Frances Health System, Tufts Medical Center & Floating Hospital for Children, University Health Care System, University of Mississippi Medical Center, West Hills Hospital & Medical Center, Willow Valley Retirement Communities, and Wishard Health Services.
What HealthcareSource Clients Are Saying:
Increasingly, hospitals are purchasing and integrating multiple HealthcareSource solutions for improved HR productivity throughout the talent management cycle. CoxHealth and University Health Care System are two examples:
CoxHealth is a three-hospital regional health organization with more than 60 physician clinics in 20 communities serving more than 900,000 people in a 25-county service area in southwest Missouri and northwest Arkansas. CoxHealth is accredited by The Joint Commission and distinguished as one of the nation’s Top 100 Integrated Healthcare Systems (2006-2010) for proven excellence in its provision of primary and specialty care. “Hiring and managing a staff of more than 7,500 employees is a major human capital challenge,” said Eric Maxwell, Director of Compensation/HRIS, Human Resources, CoxHealth (Springfield, MO). “We plan on leveraging the features of HealthcareSource Position Manager to better manage over 3,000 applications we receive monthly and to significantly improve our reporting capabilities which is essential now that we are under an affirmative action program. We also purchased HealthcareSource Performance Manager to eliminate our current paper based process and improve the timeliness of all evaluations.”
University Health Care System (which includes University Hospital, Georgia’s second largest acute care hospital) is one of the largest, most comprehensive healthcare providers in the southeastern United States. Accredited by The Joint Commission and winner of the National Research Corporation’s Consumer Choice Award 12 years in a row, University Health employs more than 3,000 healthcare professionals including nearly 600independent, private physicians on active, consulting, courtesy and associate staff. “University Health Care System will leverage the features of HealthcareSource Performance Manager to eliminate our current paper based performance review process, provide extensive reporting and metrics for our leadership team, as well as totally redefine the review process so that it is efficient and meaningful for employees and leaders,“ said Melissa Brandt, PHR, Total Rewards Manager at University Hospital (Augusta, GA). “In addition, we purchased HealthcareSource Position Manager to better manage more than 3,000 applications received monthly and provide a better onboarding experience for new employees joining the University team.”
For more information on HealthcareSource, please visit www.healthcaresource.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Assessments, HCM, Healthcare, HealthcareSource, HR Systems, HR Technology, HRchitect, Human Capital Management, Matt Lafata, Onboarding, Performance Manager, Peter Segall, Position Manager, Recruiting, sourcing, Talent Acquisition, Talent Management, WebMingle | Permalink
Posted by mattlafata
March 11, 2011
New vice president and research director will advance the company’s education, research and advisory services capabilities in talent management and workforce performance management
If you are looking for a new Talent Acquisition System, Talent Management System, or any HR system, talk to HRchitect first. 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!
Ventana Research announced today that industry leader Kevin W. Grossman has joined the company as vice president and research director focused on the industry and focus on utilizing the people and workforce effectively. This focus in the industry has been often strategically called human capital management with a focus on applications that are part of talent management and human resource management and information systems that enables improvement to workforce performance and the human resource profession.
Grossman brings to Ventana Research more than a decade of HCM marketplace experience, during which time he has marketed and educated the market on value of the hiring and workforce processes that human resources and those in operational management can improve their organizational efficiencies. Kevin was recently rated as #1 HR digital influencer, #2 digital influencer in leadership and #4 influencer in talent management by online magazine HRExaminer.com outpacing all other industry analysts.
“We are ecstatic about Kevin Grossman joining our team,” said Mark Smith, Ventana Research CEO and EVP of Research. “With his experience and presence in HR dialogue he will bring new research and education to the industry while providing world-class advice to clients worldwide to separate hype from reality in regards to vendors and products. I have admired Kevin’s work that has brought fresh perspective to the industry.”
At Ventana Research, Kevin will direct research and education on a range of applications and processes covering human capital management across talent acquisition, talent management, workforce performance management and HR management systems (HRMS). These areas include specific workforce process areas of recruiting, onboarding, performance, compensation, learning, succession and analytics. He also will take responsibility for leading the research and advisory services that will educate organizations on how to adopt best practices and technologies to help HR and organizations worldwide. Kevin will also help lead the business technology innovations within human capital management by Ventana Research including: analytics, cloud computing, collaboration, mobility and social media.
Grossman will develop progressive research into the role of these applications and technologies across business and IT functions, while also providing assistance to human resource organizations in making critical investment decisions regarding investments in the offerings of software suppliers like ADP, Cornerstone OnDemand, Kenexa, Kronos, Lawson, Oracle, Plateau, Saba, SAP, SuccessFactors, SumTotal Systems, Taleo and Talent Technology.
Grossman will be responsible for servicing Ventana Research clients across business and IT, ensuring they benefit from the company’s world-class education and research through workshops, assessments and the new fact- and education-based advisory service called Ventana OnDemand. He will also be responsible for leading benchmark research and vendor and product analysis and comparison called Ventana Research Value Index. Prior to joining Ventana Research, Grossman was the president of HRmarketer.com and other consulting firms who focused on the HR process and technologies in the market.
“With more than decade of experience in the HR industry, I’ve wanted to provide the education and research that helps buyers and suppliers get better aligned to realize the true value of people across business processes,” Grossman said. “Becoming part of Ventana Research is a great opportunity to share my experience and passion with organizations so they might too increase their human capital value. The continuing consolidation and simultaneous growth of the Talent Management space creates the need for a strong and reliable voice with the experience, reputation and depth of research and coverage that Ventana Research offers.”
Those that want to gain access to Kevin Grossman’s industry insights and advice can set up an inquiry through client services or sign up for research- and advisory-based Ventana OnDemand Services. Kevin can be found on Twitter at @kgrossmanvr, LinkedIn (http://www.linkedin.com/in/kevinwgrossman) and his blog at http://kevinwgrossman.ventanaresearch.com and can be reached via email at kevin dot Grossman at VentanaResearch dot com. You can learn more about Ventana Research on LinkedIn.
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: compensation, HCM, HR Systems, HR Technology, HRchitect, HRMS, Human Capital Management, Kevin Grossman, learning, Mark Smith, Matt Lafata, Onboarding, Performance, Recruiting, Talent Acquisition, Talent Management, Ventana, workforce | Permalink
Posted by mattlafata
March 1, 2011
Award Honors SilkRoad’s Core HR Solution for Getting to the “HeartBeat” of Organizations
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.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
SilkRoad technology, inc., a leading provider of talent management solutions, announced today it was named the winner of a celebrated Stevie Award. HeartBeat, SilkRoad’s core HR solution was selected as the winner in the “Relationship Management Solution” category in the fifth annual Stevie Awards for Sales & Customer Service. SilkRoad COO Brian Platz accepted the award at the gala banquet held this week in Miami Beach, Florida.
The awards were presented by the Stevie Awards, which organizes several of the world’s leading business awards shows including the prestigious American Business Awards.
More than 800 entries from organizations of all sizes and in virtually every industry were submitted to this year’s competition, an increase of more than 60 percent over 2010.
“Our HeartBeat team works very hard to help organizations manage all relevant human resource information,” said Brian Platz, EVP, and Chief Operating Officer of SilkRoad technology. ”This win for our newest product is a great honor, and recognition of our efforts to provide the best talent management solutions on the market to companies around the globe.”
SilkRoad technology’s HeartBeat is an on-demand core HR system that allows workers and managers to access and act on HR information relevant to them. This information can be readily integrated with all SilkRoad’s Life Suite solutions or other HR-related third party applications, such as payroll, recruiting, performance, training and compensation, and providing a unified front-end for all users.
SilkRoad provides software-as-a-service (SaaS) solutions that significantly improve talent management for more than 1,700 customers across the globe, cutting millions of dollars in human resources costs with integrated solutions that manage the entire employee life cycle. With its award-winning Life Suite, SilkRoad assists companies to attract best-fit talent, manage onboarding and employee transitions, maximize employee performance, provide a centralized learning management system, and deliver accurate information with employee intranets and content management systems.
For more information on SilkRoad, please visit www.silkroad.com
Matt Lafata, HRchitect
Leave a Comment » | HR Technology, Talent Management, HCM, Human Capital Management, HR, Recruiting, Talent Acquisition, Learning Management | Tagged: HRchitect, Talent Management, HCM, Matt Lafata, HR Technology, Talent Acquisition, Recruiting, SilkRoad, Onboarding, OpenHire, RedCarpet, Human Capital Management, WebMingle, GreenLight, Brian Platz, WingSpan, HR Systems, Performance, Heartbeat, Ironman, learning, stevie award | Permalink
Posted by mattlafata
February 24, 2011
Recent Funding Empowers Continued Market Growth
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.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. 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., the leading provider of talent management solutions, announced today it has expanded its global operations by opening a new corporate office in France. The new Paris-based office, which will be led by Didier Bichon, Vice President Western Europe, will support SilkRoad’s direct sales and marketing efforts throughout the region. This announcement comes in the wake of the company’s announcement this past November that it secured a $40 million dollar investment round of capital from new investors Intel Capital, Tenaya Capital, West Summit, SunBridge and existing investors Foundation Capital, Azure Capital and SilkRoad Equity to build out operations that capitalize on the increasing global market demand for talent management solutions and for its recent opening of an office in Japan.
“SilkRoad’s new locations in France, England and Japan will enable us to continue delivering on our promise to investors to expand our operations to a new client base worldwide,” said Andrew J. “Flip”Filipowski, Executive Chairman and Chief Executive Officer of SilkRoad technology. “Didier and the rest of the new teams bring with them a wealth of knowledge and great market insight. They are the best of the best and we are excited to welcome them to the SilkRoad team.”
Bichon has a stellar track record in the talent management space and is a pioneer in developing software-as-a-service (SaaS) in France and Europe. He most recently headed the French-based operations for MrTed, where he built the business and created brand awareness. Previously, Bichon was at Vurv Technology Southern Europe and successfully built the region from the bottom up for them. There are currently five employees at the new SilkRoad French office, which is continuing to expand staff in order to deliver first class service solutions to the local market. SilkRoad solutions localized in French, Spanish and German are already available.
The new SilkRoad offices will focus on new client acquisition, support for SilkRoad’s global clients, building brand awareness in the market, and developing the Human Capital Management space in the regions.
For more information on SilkRoad, please visit www.silkroad.com
Matt Lafata, HRchitect
Leave a Comment » | HR Technology, Talent Management, HCM, Human Capital Management, HR, Recruiting, Talent Acquisition, Learning Management | Tagged: HRchitect, Talent Management, HCM, Matt Lafata, HR Technology, Talent Acquisition, Recruiting, SilkRoad, Onboarding, OpenHire, RedCarpet, Human Capital Management, GreenLight, Brian Platz, HR Systems, Andrew Filipowski, Heartbeat, didier bichon | Permalink
Posted by mattlafata
February 22, 2011
Kenexa’s Strong Consulting Practice, Research and Development Cited in Vendor Analysis
HRchitect featured Kenexa in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in May, 2010 and the Kenexa World Conference in 2009 and 2010.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, announced today that it has been named a major player in IDC MarketScape: Worldwide Integrated Talent Management 2011 Vendor Analysis for the third consecutive year. Kenexa was assessed and included in the report based on the strength of its global integrated talent management capabilities and strategies.
In the report, IDC identified Kenexa as a major player “with strengths in global reach, a force of hundreds of PhDs knowledgeable in talent and assessment, a strong consulting practice, and a large R&D organization that takes advantage of offshore resources.” The analysis highlighted Kenexa’s 2x™ release and discussed how the recent Salary.com acquisition may further differentiate the company in the future.
IDC’s 2011 MarketScape report evaluated the offerings and prospects of the worldwide integrated talent management market’s leading providers based on detailed criteria that IDC identifies as key factors contributing to vendor success. The results are based on both quantitative and qualitative characteristics that determine each service provider’s current capabilities and future strategies. IDC noted several key success factors for talent management—customer service, innovation and growth strategy—and placed greater weight on how well the companies execute than they have in past years.
“The vendors serving the market for integrated talent management have advanced their offerings in features and functions through both organic development and acquisition,” commented Lisa Rowan, program director, HR, Talent, and Learning Strategies for IDC. “Despite a number of acquisitions, the market is still crowded, so consolidations will likely continue. As the market continues to mature, differentiation will come from excellence in execution and superior customer service.”
Kenexa’s 2x Talent Management platform includes an integrated suite of Recruitment, Assessment, Onboarding, Mobile and Performance Management solutions that support the entire employee lifecycle from pre-hire to exit, with twenty percent of the Fortune 100 companies using the 2x platform to power their Talent Management business processes.
“We are pleased that IDC has once again recognized Kenexa’s strong presence in the global talent management market,” noted Eric Lochner, president, Global Talent Management at Kenexa. “Integrated Talent Management is a booming market, and Kenexa’s 2x Platform continues to be selected by marquee clients such as KPMG Australia and YUM! Brands China.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: assessment, Derek Bluestone, Eric Lochner, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, IDC, Kenexa, MarketScape, Matt Lafata, mobile, Onboarding, Performance, Recruiting, Talent Acquisition, Talent Management, WebMingle | Permalink
Posted by mattlafata
February 11, 2011
5th Annual Awards will be Presented on February 21 in Miami Beach
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.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
SilkRoad technology, inc., a leading provider of talent management solutions, announced today was named a Finalist in the “Customer Service Department of the Year” category, and the “Relationship Management Solution” category for its HeartBeat product in the fifth annual Stevie Awards for Sales & Customer Service.
The awards are presented by the Stevie Awards, which organizes several of the world’s leading business awards shows including the prestigious American Business Awards.
Nicknamed the Stevies for the Greek word “crowned,” winners will be announced during a gala banquet on Monday, February 21 at the Eden Roc Renaissance Hotel in Miami Beach, Florida. Nominated customer service and sales executives from the U.S.A. and several other countries are expected to attend.
More than 800 entries from organizations of all sizes and in virtually every industry were submitted to this year’s competition, an increase of more than 60 percent over 2010. SilkRoad is a finalist in two categories.
“We are all extremely excited the Stevie’s recognized both our unparalleled customer service and our newest product, HeartBeat this year,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology. “Our hardworking team goes above and beyond for our valued clients and it’s a great honor to have their tireless efforts recognized.”
SilkRoad provides software as a service (SaaS) solutions that significantly improve talent management for more than 1,700 customers across the globe, cutting millions of dollars in human resources costs with integrated solutions that manage the entire employee life cycle. With its award-winning Life Suite, SilkRoad assists companies to attract best-fit talent, manage onboarding & employee transitions, maximize employee performance, provide a centralized learning management system, and deliver accurate information with employee intranets and content management systems.
SilkRoad technology’s HeartBeat is an on-demand core HR system that allows workers and managers to access and act on HR information relevant to them. This information can be readily integrated with all SilkRoad’s Life Suite solutions or other HR-related third party applications, such as payroll, benefits, recruiting, performance, training & compensation, providing a unified front-end for all users.
“Being named a Finalist in the Stevie Awards for Sales & Customer Service is an important achievement,” said Michael Gallagher, president of the Stevie Awards. ”It means that independent business executives have agreed that the nominee is worthy of international recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition.”
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, please visit www.silkroad.com
Matt Lafata, HRchitect
Leave a Comment » | HR Technology, Talent Management, HCM, Human Capital Management, HR, Recruiting, Talent Acquisition, Learning Management | Tagged: HRchitect, Talent Management, HCM, Matt Lafata, HR Technology, Talent Acquisition, Recruiting, SilkRoad, Onboarding, OpenHire, RedCarpet, Human Capital Management, Brian Platz, HR Systems, Andrew Filipowski, Stevie Awards, Heartbeat | Permalink
Posted by mattlafata
February 8, 2011
Leading Professional Services Firm to Benefit From Proven Integrated Talent Management Solutions
HRchitect featured Kenexa in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in May, 2010 and the Kenexa World Conference in 2009 and 2010.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Kenexa (NASDAQ:KNXA – News), a global provider of business solutions for human resources, today announced that KPMG in Australia, one of the world’s leading professional services firms, has chosen to use Kenexa’s award-winning HR solutions to transform its talent management approach. The solution will include its global recruiting technology, Kenexa 2x BrassRing®. The Kenexa 2x BrassRing technology will enable KPMG in Australia to manage talent by improving recruitment, pre-hire assessment, on-boarding and succession planning capability.
“KPMG was looking for a system that could manage our talent recruitment process end to end, from application to the onboarding stage. Early testing showed that the Kenexa technology was adept at consolidating our processes,” said Jessica Harrison, KPMG. “Later down the track, we’d like to take it one step further and integrate the Kenexa technology into our succession planning strategy.”
With Kenexa 2x BrassRing, KPMG’s Australian firm will be able to create a strategic recruitment process that integrates all sources of talent and optimizes its workforce performance.
“Talent is the key differentiator in the marketplace and we take it very seriously. Our relationship with Kenexa will assist our strategy of being the best firm to work with and foster our talents’ development throughout their time at KPMG,” stated Harrison.
The Kenexa 2x Onboard™ solution, which provides a seamless bridge between the candidate experience and the employee experience, eliminates paper, cycle time and data-entry errors associated with new employee onboarding. The integrated HR solutions have been shown to reduce overall hiring costs and improve organizational performance.
Duke Daehling, EVP of Strategic Accounts at Kenexa, commented, “Ensuring that a high quality person is in the right position and has the right information to be effective at their job is a true science. For more than 20 years, we have made it our business to develop effective HR technology that enables companies to increase their performance and gain the competitive advantage. We are the only company that offers a comprehensive suite of unified products and services that support the entire employee lifecycle from pre-hire to exit. We are thrilled to welcome KPMG Australia to the Kenexa family of clients and to demonstrate to them our dedication to multiplying our clients’ successes.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: BrassRing, Derek Bluestone, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Kenexa, KPMG, Matt Lafata, Onboarding, Performance, Recruiting, Talent Acquisition, Talent Management | Permalink
Posted by mattlafata
January 25, 2011
HRchitect featured Taleo in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. 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 leading provider of on-demand talent management solutions, today announced HireRight and TalentWise as the winners of its 2011 Partner of the Year Awards. This year’s recipients added significant value to Taleo customers by offering a powerful blend of fresh thinking and leadership to deliver top talent management solutions and drive growth.
“We pride ourselves on developing relationships and aligning with only the best companies, and that’s what makes these awards important. HireRight and TalentWise have provided outstanding leadership by offering cutting edge human resource management solutions to our mutual clients to help them proactively manage their business needs,” said Michael Boese, Taleo’s Senior Vice President of Taleo Business Edition and Talent Grid Field Operations. “Strong partnerships have long been a pillar of Taleo’s success as evidenced by our 140 plus solutions partners across our talent management spectrum.”
HireRight led Taleo’s enterprise partners in 2010 with the most new clients integrated to Taleo’s Talent Management solutions.
The two companies have worked together since 2003 and now deliver pre-integrated screening solutions to over 125 shared enterprise customers. In addition to their popular background and drug screening offerings, HireRight also offered the first automated I-9 solution via the Taleo Recruiting solution and is extending this offering to be the first Taleo partner with automated I-9 and eVerify with Taleo Onboarding.
TalentWise is an industry leading employment and drug screening company focused on providing businesses with the information they need to make sound and legally compliant hiring decisions. The organization helped close and deploy more than 60 joint customers in 2010, enabling small and medium businesses to launch screening requests directly from Taleo Business Edition Recruit and Taleo Business Edition Onboard.
The success of HireRight and TalentWise has accelerated as they have helped pioneer Taleo Solution Exchange capabilities to provide customers with rich solution content for understanding, decision making, and engagement. Many of Taleo’s Premier Partners experienced significant sales growth in 2010. This trend is anticipated to increase as Taleo continues to make partner access easier and more convenient through the online partner community and Talent Grid.
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Background Screening, compliance, eVerify, HCM, HireRight, HR Systems, HR Technology, HRchitect, Human Capital Management, I-9, Matt Lafata, Michael Boese, Onboarding, Recruiting, Talent Acquisition, Talent Management, TalentWise, Taleo, WebMingle | Permalink
Posted by mattlafata
January 20, 2011
TalentWise grows in 2010, signing more than 500 customers across North America. Adding to its momentum, the leading employment screening solution will co-host a Taleo webcast on improving hiring decisions in 2011.
If you are looking for a new Talent Acquisition System, Talent Management System, or any HR system, talk to HRchitect first. 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!
TalentWise, a leading employment screening solution provider that offers employment screening and onboarding solutions designed for human resources, staffing and recruiting professionals, announced today that its customer base grew by more than 500 customers in 2010. Over the past year, TalentWise signed customers throughout North America from an array of industries, including: Aurora Bank FSB, HealthOne Staffing LLC; Owensboro Medical Health System; Redapt Inc.; Seattle Art Museum; and Security Finance Corporation of Spartanburg.
In addition to growing its customer base, TalentWise continued to stand out as an employment screening solution market leader in 2010. TalentWise was the only employment screening solution provider ranked in the top 3 overall in HRO Today magazine’s “2010 Baker’s Dozen Customer Satisfaction Ratings: Top Screening and Assessment Providers”, for three years in a row. The company was also the only provider to maintain a top 2 ranking in the Baker’s Dozen survey in the category, Quality of Service, for the third consecutive year. Furthermore in 2010, TalentWise partnered with leading research firm Aberdeen Group to help produce, Employment Screening: Mitigating Risk, Driving Down Cost, a study that links employment screening to recruiting performance and employee quality.
“Despite the sluggish economy, TalentWise experienced exceptional growth in 2010. We announced several key partnerships with major industry leaders that make the employment screening process easier and more cost-effective for our customers. As we listen to our customers’ needs, we will continue to innovate and invest in end-to-end product and service offerings that will reshape the way HR organizations manage their hiring process,” remarked Todd Owens, General Manager of TalentWise.
Continuing its momentum into this year, TalentWise will co-host a webcast with Taleo, “Improve Your Hiring Decisions in 2011”, kicking off Taleo Business Edition’s 2011 Talent Intelligence Webcast Series on Thursday, January 20, at 10:00 a.m. PST. The webcast will explore how current employment screening trends can impact businesses’ hiring decisions in 2011, offer tips on how to improve compliance while reducing costs in the employment screening process, explain the benefits and pitfalls of using social media to screen candidates, as well as present a customer case study about the benefits of fully integrating the recruitment and screening processes to drive hiring efficiency and effectiveness.
For more information on TalentWise, please visit www.talentwise.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: employment screening, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Matt Lafata, Onboarding, TalentWise, Taleo, Todd Owens | Permalink
Posted by mattlafata
January 20, 2011
Fourth Quarter Highlights Include Funding, Record Sales Growth And Continued Global Expansion
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.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
SilkRoad technology, inc., a leading provider of talent management solutions, today announced the strong fourth quarter for 2010 marked another phenomenal record year of sales growth. Highlights from the quarter include closing a $40 million equity round of capital, new offices in Japan, record sales growth, and the announcement of its second annual users’ conference.
This quarter SilkRoad announced it closed on a $40 million equity round of capital from new investors Intel Capital and Tenaya Capital and existing investors Foundation Capital, Azure Capital and SilkRoad Equity. Plans for the current round of capital include a significant expansion of SilkRoad’s worldwide direct sales and marketing efforts, strategic acquisitions and continued product development.
As part of its plans for the recent funding, SilkRoad also announced this quarter at a ceremony in Tokyo that it has expanded its global operations with a new corporate office in Tokyo, Japan. The new office will be led by Japanese technology services veteran Shinichiro Ishibashi, and will enable the firm to better meet the demands of the increasing number of corporations throughout Asia that are looking to advance their talent management capabilities.
In Q4, SilkRoad continued to experience a record number of new clients and of clients purchasing its core HR solution, HeartBeat, including Hallmark Aviation Services, and Sea Pines Resort, LLC.
The company also experienced increased adoption of both its WingSpan and GreenLight solutions. New clients include: Infinera; Altair Strickland; Ascend Performance Materials LLC; Motricity, Inc.; and SDI Health.
“This was another amazing quarter at SilkRoad technology, with our recent funding, global expansion and continued record sales growth,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology. We have the best team in the industry and with their hard work we continue to grow our business, sign new clients and remain the leader in talent management solutions. Thanks to our team’s dedication, we continue to give companies around the globe the biggest advantage they can have over competition – the ability to get the right people in the right roles.”
SilkRoad also announced this quarter it will hold its second annual users’ conference in Boca Raton, Florida from May 22 – 25, 2011. SilkRoad experienced amazing feedback from both analysts and clients after its inaugural users’ conference last May. Similar to the 2010 event, the 2011 SilkRoad Connections will boast a full list of speakers and fun events for attendees. For more information please visit the conference site here.
For more information on SilkRoad, please visit www.silkroad.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Brian Platz, HCM, Heartbeat, HR Systems, HR Technology, HRchitect, Human Capital Management, Matt Lafata, Onboarding, Recruiting, RedCarpet, SilkRoad, Talent Acquisition, Talent Management, WebMingle | Permalink
Posted by mattlafata
December 21, 2010
Lawson and Enwisen together represent one of the broadest sets of Human Capital Management solutions in the industry
HRchitect includes Lawson in our list of top HRIS vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. 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!
Lawson Software (Nasdaq: LWSN) announced recently that it will acquire Enwisen, a leading software-as-a-service provider of human resource service delivery solutions used by many of the world’s leading companies. After adding Enwisen, HR service delivery will become a new strategic component of the Lawson Human Capital Management (HCM) System, giving Lawson one of the broadest solution sets targeted at the HCM software market. The all-cash transaction of $70 million is subject to customary regulatory approvals and approval by Enwisen’s shareholders. The agreement also includes a contingent earnout payment of $5 million cash if certain conditions have been satisfied as of June 30, 2012. Lawson expects the acquisition to close by Dec. 31, 2010.
Based in Novato, Calif., privately owned Enwisen has approximately 260 customers, including many in the Fortune 1000. The Enwisen AnswerSource HR Service Delivery suite helps companies transform and improve their delivery of HR services using fewer resources and lowering costs. Although many companies have implemented self-service HR software in their organizations, Enwisen further reduces the administrative burden on HR teams by giving managers, employees and HR customer service reps (CSRs) easy access to the information they need via a web-based portal and knowledgebase rich in personalized, relevant HR content. Enwisen solutions can also deliver significant cost savings for customers, whether implemented as a standalone solution or as part of broader HR transformation.
The Enwisen AnswerSource suite includes:
- HR Knowledge Base/Portal – is a single point of access that delivers personalized HR content, including employee and manager policies, benefit information, handbooks and other essential HR information in two-clicks or less, and integrated with self-service transactions. This makes it easier for employees to find the right information in one place and answer their own HR questions up to 90 percent of the time without HR intervention.
- Shared Services (HR Case Management) – is an HR case management solution that integrates with the personalized knowledgebase and allows CSRs to achieve more than 90 percent first call resolution; also allows employers to manage higher call volumes with significantly fewer CSRs.
- Onboarding/Offboarding – provides a rich, personalized new-hire experience that increases employee engagement and retention while streamlining costs and processes. This solution also provides tours and workflows to help employees through transitions such as starting or ending their jobs with a company. It also allows for more robust content such as video to help bring new employees onboard more effectively.
- Total Rewards – provides a comprehensive, online view of an employee’s total reward and compensation package. This includes modeling tools that allows employees to conduct a variety of “what if” scenarios relating to their compensation. It also allows the employer to help employees better understand the company’s total financial commitment to them, which can help improve employee retention and participation in voluntary saving programs such as 401(k) and employee stock purchase programs.
Enwisen has been a Lawson strategic partner since 2008. Through the existing partnership, Lawson has packaged and sold the AnswerSource products to Lawson customers, resulting in these products already working in tandem with Lawson HR solutions. After the acquisition is complete, the Lawson Human Capital Management system will include Human Resource Management, Talent Management, Workforce Management and the new component, HR Service Delivery. The HR Service Delivery solutions can be purchased and implemented independently or as part of the total Lawson HCM suite. Lawson is committed to current Enwisen customers no matter what HR information system solution a customer is using. Lawson also plans to maintain, enhance and market the Enwisen HR Service Delivery suite to the Enwisen customer base and future customers who may be running varied HRIS platforms.
This acquisition supports Lawson’s growth strategy by adding a new set of proven products and services for customers in one of the company’s fastest growing markets. With more than 1,000 customers using Lawson’s Human Capital Management products, HCM is a significant component of Lawson’s business. It is also a key growth market that the company is targeting with new solutions like Lawson Talent Management, Lawson Workforce Management and now HR Service Delivery.
“Companies want to transform how HR services are delivered to their employees, simplify these services and reduce the costs associated with them,” said Larry Dunivan, senior vice president of Human Capital Management products for Lawson. “This acquisition extends the level and quality of self-service capabilities. It delivers greater value to the employee as well as the employer. At the same time, Enwisen customers will benefit from Lawson’s strength, leadership and commitment to advancing HR service delivery solutions as a key component of HR transformation.”
For more information on Lawson, please visit www.lawson.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Talent Management | Tagged: Enwisen, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, larry Dunivan, Lawson, Matt Lafata, Offboarding, Onboarding, Shared services, Talent Management, Total Rewards | Permalink
Posted by mattlafata
