SilkRoad technology Partners with SS&C on Benefits Carrier Integration…from SilkRoad Technology

February 23, 2012

 

Partnership Provides HeartBeat with End-to-End Automated Benefits Enrollment Capabilities with Over 150 Providers

HRchitect featured SilkRoad in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010 and May 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SilkRoad technology, inc., a leading global provider of cloud-based social talent management solutions, together with SS&C, a global provider of investment and financial software-enabled services and software, announced today they have entered a into partnership, combining SS&C’s BenefiX cloud-based data exchange service with SilkRoad’s HRMS technology solution, HeartBeat.

With endless formats specific to insurance carriers, sending enrollment data to individual benefits providers has traditionally been a time and labor intensive process.  By integrating SS&C’s BenefiX with SilkRoad’s HeartBeat, companies benefit by having a single HRMS solution that manages all their employee HR data including benefits plans, simplifying the process for employees, managers and HR.  With BenefiX providing benefits data exchange to over 150 carriers, benefits administrators are freed from this tedious, time-consuming task allowing them to focus on building a self-motivating, employee-centric culture that attracts and retains top talent.

“Managing benefits has traditionally been a high-cost task with a heavy time investment,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Our partnership with SilkRoad will remove these barriers, delivering HeartBeat users a quick and cost effective solution.”

Companies using HeartBeat can now expect direct transmission of enrollment information from HeartBeat to insurance carrier, as well as:

  • Built-in integration with the entire BenefiX library of over 150 insurance carrier adapters and out-of-the-box integration with carrier specifications
  • Implementation times as little as 15 days, or 45 days for new insurance carriers, rather than the average industry integration lead time of six months or longer
  • Quality data and run-time edits to ensure complete and correct enrollment information is being sent to the insurance carriers

“SilkRoad is intent on providing HR professionals with the solutions they need to develop and maintain happy and engaged employees,” said Andrew J. “Flip” Filipowski, CEO, SilkRoad technology. “With the SS&C partnership, we are pleased to provide yet another layer in our benefits administration solution as companies look to automate their most complicated and time intensive processes and free up time to address their talent management strategies.”

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

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

 
Matt Lafata, HRchitect


SilkRoad technology Winner of 2011 Stevie Awards For Sales & Customer Service…from SilkRoad

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


SilkRoad technology Continues To Expand Globally With Senior Appointment, New Offices In France…from SilkRoad

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


SilkRoad technology Named Finalist In Two Categories In 2011 Stevie Awards For Sales & Customer Service…from SilkRoad

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 http://www.stevieawards.com/sales.  

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


SilkRoad technology Announces Q4 Results for 2010…from SilkRoad

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


SilkRoad technology Announces Q3 Results for 2010…from SilkRoad

October 18, 2010

 

Third Quarter Highlights Include Record Sales Growth and Strategic Partnerships

HRchitect featured SilkRoad in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad 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. We have 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 here to help!

SilkRoad technology, inc., a leading provider of talent management solutions, announced recently the third quarter for 2010 marked its 29th consecutive period of sales growth. Highlights from the quarter include record sales growth, key partnerships, and continued industry recognition.

SilkRoad experienced a record number of new clients and of clients purchasing its core HR solution, HeartBeat, this quarter. Some of the new HeartBeat clients include: York Risk Services Group, Imperva, Marin Software, McNichols Company, and Primatics Financial.

Other new SilkRoad technology clients include: DeVry, CDI Corporation, Boys & Girls Club of Greater Milwaukee, The Land of Nod and Seattle Biomedical Research Institute.

In Q3, SilkRoad also continued to be the leader in providing the healthcare market with talent management solutions and signed several new clients for multiple Life Suite solutions including: Memorial Sloan-Kettering Cancer Center, Scripps Health, WellSpan Health, and Harden Healthcare.

SilkRoad continues to build and expand strategic partnerships such as Tax Break, the foremost expert and outsourced processor of government tax credits and incentives. In this partnership, TaxBreak will deliver employee tax credit processing to SilkRoad clients. Through a seamless integration, SilkRoad customers can now utilize TaxBreak’s services to determine tax credit eligibility, and for tax credit processing. The partnership allows SilkRoad customers to potentially save thousands of dollars in income taxes by instantly determining if current employees are eligible for any current tax breaks.

“Once again, our employees’ efforts prove we have the best team in the software industry,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology. “With their dedication and hard work, we continue to grow, sign new clients and develop the best available software in talent management.”

The company continued to receive industry recognition in Q3 and was honored with several award nominations. Recent recognitions include:

The Business Journal’s Fast 50 awards program – SilkRoad was named the fourth fastest growing company in the Triad by The Business Journal. The awards program is the premiere business-growth competition in the Triad. This year’s awards ceremony and special publication honor the successes of private businesses, and the growth and contribution of the 50 dynamic winning companies that have strong impact on the Triad’s economic success.

North Carolina Technology Association’s (NCTA) 21 Awards – SilkRoad is a finalist for ‘Software Company of the Year.’ The NCTA 21 Awards are recognized as North Carolina’s most prestigious awards, celebrating innovation and excellence in North Carolina. This annual showcase honors companies and individuals in 21 categories who represent the best and brightest in technology and business.

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


SilkRoad technology Wins HRtechnology Ironman…from SilkRoad

July 6, 2010

 

HRchitect’s latest educational webinar series pits software vendors against one another

HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad 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. We have 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 here to help!

SilkRoad technology, inc., a leading provider of talent management solutions, announced today the company was named the winner of the June 2010 HRtechnology Ironman. SilkRoad’s market leading Life Suite product OpenHire competed in the Mid-Market Talent Acquisition Systems Ironman competition on June 18th.

The competition is the latest in HRchitect’s educational webinar series and has software vendors compete against one another to prove who can “swim better,” “bike stronger” and “run faster.” HRchitect recently developed the series of webinars as a way to educate consumers on the human resource technology choices available.

In these fast-paced web events, vendors compete head-to-head in each category. Spectators then vote after each portion and the vendor with the most total votes receives the medal and is named HRtechnology Ironman. In the competition vendors must prove their advantages over the competition in each category including:

Swimming – In this category vendors discuss company history, overview, specific identity, financial viability, marquee clients and leadership team.

Biking – During the biking portion the vendors showcase their product’s functionality, technology/integration, usability and configurability.

Running – In this segment of the competition the vendors discuss the key differentiators of their solution and their company.

Media Interviews – Finally, the vendor is judged based on answers to questions from the audience.

At the conclusion of the competition, SilkRoad technology was voted the winner and named HRtechnology Ironman.

“We enjoyed participating in the webinar and are honored the audience selected us as the Ironman winner,” said Thomas Boyle, Director of Product Strategy, SilkRoad technology. “We always welcome any opportunity to show what sets our products and company apart from other vendors.”

SilkRoad provides Web-based talent management solutions, including OpenHire, a market-leading recruiting management solution, RedCarpet, onboarding and life events management solution, WingSpan for flexible employee performance management, GreenLight for learning management, Eprise for employee intranets and content management and HeartBeat for core HR.

You can see SilkRoad’s winning Ironman webinar here.

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


SilkRoad technology Announces Q1 Results for 2010…from SilkRoad

April 18, 2010

 

Strategic Partnership and Continued Client Growth Drive Success 

HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009 where they were crowned the winner. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

SilkRoad technology, inc., a leading provider of talent management solutions, announced today that the first quarter of 2010 marked its 27th consecutive period of sales growth.  Highlights from the quarter include a partnership with Indeed.com, record sales growth, continued and widespread adoption of SilkRoad’s HeartBeat product, and continued industry recognition for the company’s products and services.   

SilkRoad experienced high sales to kick off 2010.  New clients include: Ancestry.com; Synthetic Genomics; Gwinnett Health Systems, Inc.; Aleut Management Service; YMCA of Central Maryland; RMT; Oklahoma City University; and San Diego County Regional Airport Authority.

This quarter SilkRoad technology also saw further adoption of its new product, HeartBeat.  The core HR system allows secure and reliable access to key HR information for both employees and management by creating a “system of record” to store all employees’ core data.  New HeartBeat clients include: DMS International, Inc.; Hunter Dickinson, Inc.; Fuel Tech, Inc.; and Winston & Strawn LLP. 

In Q4, SilkRoad technology announced its partnership with Indeed.com, the leading search engine for jobs.  SilkRoad’s integration with Indeed allows SilkRoad customers to expand their reach to potential candidates. Jobs delivered directly to Indeed from SilkRoad’s OpenHire are included in Indeed’s organic results and the platform’s network of more than 10,000 websites.  With this integration, SilkRoad customers can now reach the single largest audience of both active and passive job seekers on the Internet. 

The company continued to receive industry recognition for its products and was honored by both the CODiE Awards and Network Product Guide’s Hot Companies.  SilkRoad is a finalist in the Software & Information Industry Association (SIIA) for a CODiE Award in the “Best Human Capital Solution” category.  The program honors the software and information industry’s finest products and services and excellence in corporate achievement.

SilkRoad technology was also named a 2010 Hot Companies finalist by Network Products Guide.  SilkRoad was selected from a global industry analysis of information technology vendors.  Finalists were selected based on the “4Ps” criteria—namely Products, People, Performance, and Potential.   SilkRoad has been honored with the Hot Companies recognition multiple times and consistently excels in meeting and exceeding the 4Ps criteria. 

“It has been another great quarter for SilkRoad, with continued client growth and positive feedback from the industry about our newest solution, HeartBeat,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology.  “We are ecstatic that so many clients choose to purchase multiple solutions, and we are humbled by the award recognition our products and services received this quarter.  Both validate that we are doing what we set out to do – provide excellent customer service and the best products available to enable companies to hire and retain the top talent in the market.”      

Also in the first quarter, SilkRoad announced several high profile keynote speakers for its inaugural Users’ Conference, SilkRoad Connections: A Global User Event, to be held May 23-26 in Florida.  In addition to SilkRoad CEO, Andrew “Flip” Filipowski, announced speakers include Gartner Research’s Jim Holincheck, who will discuss “Emerging and Future Trends in HCM Technology”; Bob Kelleher from The Employee Engagement Group, discussing “10 Essential Engagement Steps That Drive Results”; and Kevin Martin from Aberdeen Group, who will give an address on the topic of “The Strategic Role of Talent Integration.”  The full agenda for the event is online here.

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


SilkRoad technology Announces Q4 Results for 2009…from SilkRoad

January 26, 2010

 

Success Driven by Record Sales and Continued Expansion

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

SilkRoad technology, inc., a leading provider of talent management solutions, announced today the fourth quarter of 2009 was its 26th consecutive period of sales growth.  Highlights from the quarter include record client growth, the successful launch of SilkRoad’s new core HR product, HeartBeat, and continued expansion and adoption of the company’s Life Suite solutions around the world.   

With the talent management sector booming with companies preparing for the economic turnaround, SilkRoad experienced the highest sales of the year this quarter with over 140 new clients selecting its Life Suite products.  New clients include: AirTran, CompuPay, Woodland Park Zoo, Texas Petrochemicals, Inc., Walt Disney Family Museum and Union Bank & Trust Co.

Current clients signing up for additional solutions also drove Q4 growth.  Clients purchasing additional Life Suite solutions include: Sony Home Entertainment, Del Monte Fresh Produce, SIRVA, and the University of South Florida.

SilkRoad continued to experience successful global expansion in the Asia Pacific market this quarter, adding multiple clients including several International 500 Brands.

In Q4, the company successfully launched its new core HR product, HeartBeat adding the product’s first clients ahead of its Q1 goals.  The core HR system allows secure and reliable access to key HR information for both employees and management by creating a “system of record” to store all employees’ core data.

In addition, SilkRoad received its completed 2009 SAS 70 Type II Audit in Q4.  The receipt of this report confirms SilkRoad is in compliance with SAS 70 recommended best practices to ensure the confidentiality, integrity, and availability of SilkRoad technology’s systems and data.  This report has become a requirement of outside vendors for most companies in the banking, healthcare, and high-tech industries.

“With the successful launch of our new HeartBeat product and our record growth, this has been a very exciting quarter for SilkRoad,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology.  “In 2009, we extended our client roster to more than 1500 clients around the globe, across all industries.  We are also truly honored this quarter by the large number of clients purchasing additional products from our suite after experiencing our unparalleled technology and customer service.”    

Finally, SilkRoad was honored by The North Carolina Technology Association (NCTA) with multiple nominations in the NCTA 21 Awards.  SilkRoad was a finalist in the “Private Company Award” category and SilkRoad’s CEO, Andrew J. “Flip” Filipowski was a finalist for “Executive of the Year.”  The awards program annually honors companies and individuals from North Carolina’s technology industry for excellence in leadership and innovation and are among North Carolina’s most prestigious technology honors. 

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


SilkRoad technology Announces Q3 Results for 2009…from SilkRoad

October 17, 2009

 

Success driven by new product and continued adoption of Life Suite

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

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

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

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

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

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

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

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

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

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

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

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

 
Matt Lafata, HRchitect


SilkRoad technology Launches New Core HR Product; Opens Door to HRMS Functionality in Life Suite…from SilkRoad

October 9, 2009

 

Addition of Human Resource Management System to Widen SilkRoad Product Offering, Pave Way for Greater Flexibility for Versatile HR Solutions Provider

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

SilkRoad technology, inc., a leading provider of talent management solutions, announced recently the addition of proprietary Software as a Service Human Resources Management System (HRMS) to their award-winning Life Suite at the HR Technology Conference in Chicago. Andrew J. “Flip” Filipowski, Chairman, President and CEO of SilkRoad technology, made the announcement, and unveiled the new name: HeartBeat, core HR.

“The addition of our core HR solution, HeartBeat, to the Life Suite enables SilkRoad to extend what was already an unparalleled package of talent management and HR solutions for employers both large and small,” said Filipowski.  “The Life Suite is the broadest product line in this booming sector of the SaaS industry, making HR managers – as well as their entire organizations – more effective, efficient, and productive.” 

The new core HR solution allows secure and reliable access to key HR information for both employees and management by creating a “system of record” to store all employees’ core data.  With the solution both workers and managers have access to and can act on HR information relevant to them.  The HRMS also allows for easy creation of analytics and reporting, from complete organization charts and headcount reports to specific business unit and work analytics, offering insight and strategic value in managing enterprise human capital.

The new SilkRoad HeartBeat product contains many innovations for a core HR solution, including:

Integrates with Life Suite- Integrated with SilkRoad’s award-winning and market-leading strategic talent management solutions in recruitment, onboarding, life event management, performance management, succession, compensation, and learning management.

Visibility into your complete workforce- Built around the employee to support any number of worker-types, giving the unique capability to manage all full-time, contingent, vendor-supplied or any other worker type in one system. Organizations gain 100% visibility into their entire workforce in real-time while supporting unique rules and processes for various worker types.

Streamline all system actions- Providing an innovative user experience that streamlines all system actions, HeartBeat supports both person-based operations and action-based operations. The innovative “save/load” user capability acts similarly to an e-commerce shopping cart, allowing you to persist a group of users throughout the system to make performing multiple actions for a group of users efficient.

Integrates with cloud computing solutions- Designed ground-up for cloud computing, based on a Services Oriented Architecture (SOA), with a host of integration services to enable the solution to integrate with various cloud computing and/or legacy solutions.

Granular security model- This allows record and field-level permissions at any intersection point(s) of organizational metadata (e.g., based organizational structure, report-to relationships, project relationships, GL codes, etc.).

Handles needs of global companies- The HRMS solution is ready for needs of large, global companies with business rules and workflows based on various organizational metadata, including the ability to apply special rules at any level, or intersection point of the organization. Support for multi-company roll-ups.

Supports multiple payroll and benefit providers- Support for round-trip integration with multiple payroll and benefits providers to support different options available across disperse domestic and international points of presences.

Full-featured set of capabilities- Heartbeat’s full-featured set of capabilities includes business analytics, employee and manager self-service, payroll management, benefits management, time and attendance and leave management.

SilkRoad’s new product announcement continues its upward trajectory from the past year, and follows its acquisition and integration of a popular learning management system, expansion of their global footprint into Singapore and Australia, and a partnership with C&K Management in India to bring SilkRoad’s solutions to the growing Indian market.

“The addition of an HR management system to our suite of solutions will deliver on a building demand for a robust SaaS talent management solution combined with a robust SaaS core HR solution,” said Brian Platz, COO SilkRoad technology.  “The new product truly gives us the broadest offering around.”

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

 
Matt Lafata, HRchitect


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