Taleo Launches New Release of Taleo OnBoard™ for SMB Market…from Taleo

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


Taleo Named a Talent Management Market Leader…from Taleo

February 8, 2011

 

IDC MarketScape Recognizes Taleo’s Market Momentum and Suite Offerings

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 software solutions, today announced that IDC has recognized Taleo as a market leader in Integrated Talent Management  in the 2011 MarketScape report.

Taleo maintained its leadership position in this year’s analysis with noted strengths in many areas including depth in capability of the individual talent functions, a robust partner ecosystem, strong brand recognition, global reach, and a track record of innovative research and development and integration.

The report is IDC’s annual analysis of software vendors that offer integrated solutions to help companies attract, develop and retain their workforces. These solutions include software for recruiting and staffing, learning and development, performance management, compensation management and career and succession planning, all supported by a base of competency management and assessment. Taleo is cited for vision and execution in providing organizations with a superior end-to-end solution capable of meeting the needs of the entire employee lifecycle. According to IDC, Taleo’s strengths also include the Talent Grid, which positions the Taleo talent management suite as the focal point in a talent-partner ecosystem that enables data exchange, seamless reporting, and tighter integration through published APIs, as well as Taleo’s analytics capabilities.

“Taleo is again a market leader in this year’s analysis with strengths in many areas including depth in capability of the individual talent functions, a robust partner ecosystem, and strong brand recognition,” said Lisa Rowan, Program Director for HR and Talent Management Services with IDC. “By adding learning capabilities through its recent acquisition of Learn.com Taleo has completed filling out the five pillars of talent management and continues to expand its range of talent management capabilities.”

“Businesses are turning to Taleo for talent intelligence, the key insights needed to help power their talent management strategies. These companies depend on Taleo’s complete offering of software solutions and access to the largest global community of talent management experts and partners to achieve growth,” said Shail Khiyara, Taleo’s Chief Marketing Officer. “We are pleased to see that our market momentum, suite offerings and proven record of successful acquisitions is reflected in IDC’s analysis.”

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


Taleo Reports Record Fourth Quarter and Fiscal Year 2009 Results …from Taleo

February 11, 2010

 

Q4 Revenue of $50.5 Million; Record Q4 GAAP and Non-GAAP Fully Diluted EPS of $0.13 and $0.23; Record Q4 Cash Flow From Operations of $20.6 Million; 186 New Customers Added in Q4; Posts 25% Year-Over-Year Growth in Application Revenue

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 appeared 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 fourth quarter and fiscal year ended December 31, 2009.

“Like many of our world-class customers, Taleo invested through the recession in our people and in product innovation, and we are now stronger competitively and financially,” said Michael Gregoire, Taleo Chairman and CEO. “We are in a tremendous position to take full advantage of the recovery, and we plan to keep up our blistering pace of innovation to help our customers drive their own re-invention and growth.”

Annual business highlights included:

–  Product: Launched Taleo10(TM) Talent Management Solution for Enterprise and Small and Medium sized business.

–  Community: Delivered Talent Grid(TM), a set of three communities with online access to Taleo’s ecosystem of customers, partners and candidates.

–  Acquisition: Announced a definitive agreement to acquire Worldwide Compensation, Inc. the leading independent provider of global compensation management technology. The acquisition was completed on January 1, 2010.

–  Accolades: Industry analysts from Gartner, Bersin & Associates and IDC lauded Taleo for Leadership and Innovation in their respective Recruiting, Performance Management and Talent Management market reports; Performance Management received “HR product of the year” CODiE Award and “Top 10 HR Products of the Year” from Human Resource Executive Magazine; and Taleo’s Service and Support Organization received “Rated Outstanding” certification from the Service and Support Professionals Association and the Fall 2009 STAR Award for Service Excellence from the Technology Services Industry Association.

Fourth quarter highlights included:

–  GAAP revenues of $50.5 million, an increase of 5% year-over-year.

–  GAAP application revenue of $44.5 million, an increase of 11% year-over-year.

–  GAAP net income of $4.6 million or $0.13 per fully diluted share.

–  Non-GAAP net income of $8.6 million, or $0.23 per fully diluted share, an increase of 44% year-over-year.

–  Cash flow from operations of $20.6 million and free cash flow of $19.2 million.

–  Net cash at December 31, 2009 of more than $244 million.

–  Signed 186 new customers, including 18 new Taleo Enterprise customers and 168 new Taleo Business Edition customers.

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

–  Signed more than 45 new performance management customers, increasing total performance management customer base to more than 200.

Fourth quarter customer momentum included:

–  New enterprise customers include: Associated Bank, Equifax, Kingfisher Plc, RTI International, Teradata Operations, Cook County, Illinois,  Thales UK, Amalgamated Holdings Limited and Tyco International Management Company.

–  New small and medium-sized customers (companies with up to 5,000 employees) include: Provenance Hotels, Association for the Blind and Vision Impaired, Teach for All, Rand McNally, Prosperity Bank, Munroe Regional Medical Center, JM Smucker, Delaware State University, Sherwin Williams, Janney Montgomery Scott, Warner Chilcott, and Alliance Building.

–  Continued momentum in joint Recruiting and Performance Management suite deals with several customers, including: American Life Insurance Company, Navteq, Acxiom, and the City of Edmonton. Additionally, existing customer VF Corporation added Compensation Management to its existing Taleo solution.

2009 highlights included:

–  GAAP revenues of $198.4 million, an increase of 18% year-over-year.

–  GAAP application revenue of $173.5 million, an increase of 25% year-over-year.

–  GAAP net income of $1.3 million or $0.04 per fully diluted share.

–  Non-GAAP net income of $26.4 million, or $0.77 per fully diluted share, an increase of 48% year-over-year.

–  Cash flow from operations of $50.7 million and free cash flow of $41.5 million.

–  Signed 664 new customers, including 65 new Taleo Enterprise customers and 599 new Taleo Business Edition customers.

–  Closed 25 large enterprise deals with annual contract values in excess of $250,000.

–  Application revenue backlog increases to more than $350 million as of December 31, 2009.

Taleo delivered the following financial results for the fourth quarter of 2009:

Revenue: Total revenue for the fourth quarter was $50.5 million, an increase of 5% on a year-over-year basis. Application revenue for the fourth quarter was $44.5 million, an increase of 11% on a year-over-year basis.

Net Income (Loss) and Net Income (Loss) Per Share to Common Stockholders: Net income was $4.6 million for the fourth quarter, compared to a net loss of $(2.5) million for the same period last year. Net income includes $3.6 million in amortization expense related to the acquisition of Vurv, $2.9 million in stock-based compensation expense and a gain of $2.5 million related to settlement of Vurv escrow claims. Net income per fully diluted share was $0.13 for the fourth quarter of 2009, based on 35.6 million fully diluted shares outstanding, compared to a net loss per share of $(0.08) for the same period in 2008, based on 29.8 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share: Non-GAAP net income was $8.6 million for the fourth quarter of 2009, compared to non-GAAP net income of $5.0 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 gain associated with the settlement of the Vurv escrow account. Non-GAAP net income per fully diluted share was $0.23 for the fourth quarter of 2009 based on 37.5 million fully diluted weighted average shares outstanding, compared to non-GAAP net income per fully diluted share of $0.16 for the same period in 2008 based on 31.1 million fully diluted weighted average shares outstanding.

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


Taleo Named to Deloitte Technology Fast 500…from Taleo

October 25, 2009

 

Ranked as One of the Fastest Growing Technology Companies in North America

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 it has been named to the 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.

“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 Taleo on this accomplishment.”

“With its impressive five-year growth, Taleo 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 Taleo for its achievement.”

Taleo’s software helps organizations around the globe to better find, understand and engage their key performers and drive business growth. Accordingly, a recent survey by PricewaterhouseCoopers found that the number one priority of 97% of global CEOs is to find and retain top talent. This prioritization has helped drive Taleo’s growth.  The company’s leadership in this software sector continues with the recently launched Taleo 10 talent management solution and online ecosystem, the Talent Grid, enabling customers with both product and perspective to drive better business success.

“Inclusion in the Technology Fast 500 is nice validation of our business, stability and commitment to innovation,” said Michael Gregoire, Chairman and CEO of Taleo. “As the economy recovers and CEOs move from cost-cutting to growth, Talent Management tools and best practice domain knowledge becomes even more critical. Taleo is poised to continue to drive innovation to help businesses meet that challenge.”

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

 
Matt Lafata, HRchitect


Taleo Launches the World’s Largest Talent Management Community; New “Talent Grid” Combines the Power of Cloud Computing and Social Networking…from Taleo

September 13, 2009

 
Three New Exchanges Connect Over 175 Million Candidates, 4,100 Customers, Millions of Users and Dozens of Partners in Thriving Talent Management Ecosystem

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. Al Campa, Chief Marketing Officer 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.

Less than a year after announcing its Cloud Community strategy, Taleo Corporation (NASDAQ: TLEO), today delivers on that vision with the launch of its Talent Grid.   A set of three online exchanges, the Talent Grid provides a forum for Taleo customers, partners and job seekers to discuss and share best and “next” practices, discover innovative solutions and interact to match up the world’s top jobs with the best talent.

The first and only cloud-based community of its kind, the Talent Grid offers Taleo customers unprecedented value and the ability to drive superior business performance.  This is made possible by harnessing the power of collaboration.  By pairing social networking with Talent Management, Taleo’s Talent Grid will bring together thousands, perhaps millions, to recruit talent, seek jobs, share knowledge, solve problems and offer insights. 

The Talent Grid includes: the Knowledge Exchange, an online customer community; the Solution Exchange, a partner ecosystem; and the Talent Exchange, a marketplace where candidates and companies can connect. All three communities are built on and connected by a collaborative Web 2.0 framework. The Talent Grid is accessible as a convenient extension of Taleo’s on-demand Talent Management software solutions for enterprise, medium-sized and small businesses. 

“At Taleo, we recognize the power of great Talent Management to transform and lead business performance,” said Michael Gregoire, Chairman and CEO of Taleo.  “Beyond innovative software, the true catalyst for putting Talent Management at the center of business change will come from the world’s domain experts.  We are delighted to galvanize the world’s largest Talent Management ecosystem of experts—our customers, partners, employees and candidates.  Together, we have built a Talent Grid that will empower businesses of all sizes to transform their workforces and their business performance.”

Knowledge Exchange:  Social Network for Talent Management
Taleo’s new online customer community brings together Talent Management best practices, metrics, methodologies and domain expertise from customers and experts in dozens of industries around the world. The Knowledge Exchange facilitates customers’ ability to share and discuss a wide range of talent management topics, product ideas and best practices, and tomorrow’s next practices, in a quick social manner. In pilot since April, the Knowledge Exchange is already buzzing with customer interaction, networking and idea generation from early participants who’ve driven hundreds of active discussions, uploaded content, presentations, videos and even shared sample code.  

“The Knowledge Exchange has already saved us five support calls at TeleTech.”  Brenda Reid, Director, Global Talent Acquisition, TeleTech

“This is addictive,” Amanda Anderson, Manager of Recruitment Technology, Hyatt Hotels

Solution Exchange:  Applications Marketplace for Talent Solutions
Taleo’s powerful integration platform and large ecosystem of “pre-integrated” partner solutions offers customers the ability to rapidly extend the value of their Taleo investment with a highly diverse set of products and services including sourcing, compliance, assessment, learning, tax credit screening, background checks, and various emerging technologies.  Taleo’s Solution Exchange provides a marketplace where customers can quickly explore, evaluate, demo, compare and activate solutions that extend the value of their Taleo products–without ever leaving the site.  Debuting with more than 70 solutions at launch, the Solution Exchange is available for Taleo customers and partners today. Early participants say:

“Taleo’s vision and execution with the Solution Exchange is compelling. It’s a great environment for collaboration and the primary reason we’re investing with Taleo first.”  Mark Newman, CEO and Founder of HireVue

 “The ability for us to rapidly turn on pre-integrated solutions without the time and costs involved with custom integration and professional services engagements is of significant value to us.” Customer, Ken MacFerrin, Director, Global Staffing and Talent, InfoPrint Solutions Company

Talent Exchange:  Candidate Sourcing Marketplace
The Taleo Talent Exchange is a collaborative online marketplace where candidates and companies connect.  The Talent Exchange has the potential to bring together more than 500,000 new jobs and 13 millions applicants each quarter into one community.  Here, companies can highlight job openings and source opt-in candidates directly to their Taleo Recruiting solution.  Likewise, candidates can create a Universal Profile  — a robust, differentiating experience summary – that they can share across prospective Taleo employers on the Talent Grid. The Talent Exchange is available today for candidates and customers.  

“Recruiting the best talent to deliver exceptional service is crucial to our success.  We have talked about ways to “trade talent” within our own resort community before, so we are excited to learn about and implement the new Talent Exchange.  We think it’s tremendously innovative.” Kyle Martin, Manager of Talent Acquisition, Vail Resorts 

“This might very well become a one-stop shop for job-seeking needs,” Consulting industry candidate 

Why Taleo 
Taleo’s open, cloud-based technology platform, unified talent management solution, and unique scale provide the technical foundation and critical mass required to power the Talent Grid. Key assets underpinning the Talent Grid include:
 
• 175 million candidates
• 500,000 new job postings per quarter
• 4,100 global customers, including 46 of the Fortune 100
• 2.9 million users
• 70 partners
• Open integration platform
• World’s most scalable cloud-based technology infrastructure 

Plug Into the Talent Grid
Access is available at no cost to Taleo customers. Keynotes, working sessions and plenty of live access to the Talent Grid will be showcased Sept. 14-17 at Taleo’s annual user conference, TaleoWORLD in Las Vegas. For more information, visit: GRID.TALEO.COM.

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

 
Matt Lafata, HRchitect


Follow

Get every new post delivered to your Inbox.

Join 461 other followers

%d bloggers like this: