Subscribe to the Press Releases RSS feed.Integrated Performance & Talent Management Solution Provides Proven Best Practices for Growing Businesses
Contact:
Lucas Mast
Weber Shandwick Worldwide
+1.415.248.3431; lmast@webershandwick.com
SAN MATEO, Calif. - May 15, 2006 - SuccessFactors, Inc., the global leader in on-demand, web-based performance and talent management solutions, today announced that 100 small and mid-sized businesses have joined the company's rapidly expanding customer list in the first four months of 2006. The new SuccessFactors offering, which launched in October 2005 with processes and best practices modeled from SuccessFactors' industry-leading enterprise customers, has resonated with small and mid-sized companies due to the application's ease of use, quick deployment time and affordable pricing structure.
Macrovision was live on SuccessFactors Professional Edition in less than two weeks," said Laura Owen, Macrovision Senior Vice President, Human Resources. "We replaced a cumbersome, paper-based review process with SuccessFactors' on-demand technology and are now better equipped to evaluate and develop our employee base which translates into a stronger focus on running our business."
SuccessFactors Professional Edition customers cite traditional paper-based review processes as well as a lack of HR resources and formal performance and talent management processes as significant challenges to building agile and competitive organizations. These customers, with employee bases of 25-500, have selected SuccessFactors' on-demand applications to help them manage their company growth, recognizing the web-based, scalable performance and talent management solution's ability to align employee efforts around corporate goals in order to most effectively grow their businesses.
"Proxicom is using SuccessFactors Professional Edition to ensure that everyone in our fast-paced company is working towards the same goals," said Paul Murray, Proxicom CFO. "The technology is also helping us to identify and develop the new level of company leadership needed to sustain our aggressive growth."
SucessFactors Professional Edition enables small and medium sized organizations to improve their performance review processes, boosting employee productivity and morale. Designed specifically for growing companies with 25-500 employees, Professional Edition incorporates proven best practices around goal alignment, expectation setting and performance measurement-including 360 degree assessments - delivered over the Internet as an "on-demand service." Professional Edition also includes SuccessFactors' robust reporting capabilities that enable organizations to get quick visibility to performance issues.
"Companies who choose to implement SuccessFactors Professional Edition can be up and running in a matter of hours," said Andy Cohen, SuccessFactors Vice President and General Manager, Small and Mid-Market Companies. "Small and mid-sized businesses can now implement an affordable, streamlined and automated review process that allows managers to give better reviews to improve employee retention while providing company CEO's with a way to better communicate goals and improve company productivity. "
About SuccessFactors
SuccessFactors delivers performance and talent management on demand. The company's software-as-a-service solutions-Enterprise Edition, Professional Edition and Manager's Edition-- help organizations of all sizes align employee performance with bottom-line business results. The technology suite includes modules for goal management, performance reviews, 360- degree reviews, succession planning, compensation planning, development planning, competency management, employee surveys, and workforce analytics. SuccessFactors 400+ customers cross all industry sectors, including companies with as few as 10 employees and large enterprises such as Cooper Tire & Rubber Company, Salesforce.com, Volkswagen of North America, Reebok, Pep Boys, Lancaster General Hospital, Grant Thornton, British Telecom and Textron. Founded in 2001, SuccessFactors is headquartered in San Mateo, CA and has multiple worldwide offices across Europe and Asia. The applications are being used by more than 1.5 million users in 109 countries and in 15 languages. For more information on SuccessFactors, visit www.SuccessFactors.com or call 1-800-809-9920.