HRchitect Tech Vendor News: Bullhorn Acquires The Code Works Inc. to Power Cloud-Based Data Integration and Intelligence

August 18, 2014

Bullhorn, the global leader in customer relationship management (CRM) software for the staffing and recruiting industries, today announced that it has acquired The Code Works Inc. – the makers of VMS Access, a cloud-based software product that integrates corporate procurement and vendor management systems (VMS) like SAP’s Fieldglass with CRM systems. VMS Access currently automates the data integration and workflow for filling job openings at over 350 of the world’s largest companies and enables staffing agencies to increase service levels, win more business, and improve productivity by reducing time-to-fill and data entry time.  As companies of all sizes migrate to SaaS-based services, Bullhorn will leverage The Code Works Inc.’s multi-national R&D team to develop integration solutions that will power new services enabling front office productivity improvements through the Bullhorn platform.

Key services offerings to be developed on the platform will include those for managed service providers (MSPs). Bullhorn currently provides client portals, candidate portals, and vendor portals to enable staffing agencies to act as MSPs or sub-vendors and operate different lines of business within Bullhorn, and the company will use The Code Works Inc.’s technology as a platform upon which to further develop technologies that enable agencies to operate and compete effectively in a world in which VMS usage is proliferating. The Code Works Inc. team’s much-valued industry knowledge in combination with considerable R&D resources from Bullhorn will help take Bullhorn’s existing MSP offering and accelerate it into an industry-leading suite of solutions to benefit staffing agencies of all sizes looking to capitalise on this rapidly-growing market.

Bullhorn acquires The Code Works Inc. as contingent labour demand is soaring thanks to increased globalisation, outsourcing, and the growing costs of hiring and retaining permanent employees. Addressing this trend, 70 percent of large buyers of temporary labour (including Fortune 500 companies) are now leveraging VMS solutions to streamline contingent workforce management. Spend flowing through VMS systems is growing at a rate of more than 20 percent per year – considerably faster than growth in overall staffing spend. The acquisition of The Code Works Inc. adds a proven, seamless integration between core recruitment system providers to enable agencies to take advantage of a market worth £24.1 billion in the UK alone.

“With this acquisition, we’re enabling companies to move their front office solutions to the cloud and to take advantage of Web-enabled services that power better decision-making and additional revenue opportunities,” said Art Papas, Founder and CEO of Bullhorn. “Bullhorn VMS Access will help drive Bullhorn’s growth in the VMS industry and beyond. This vendor neutral solution extends Bullhorn’s product portfolio and will allow us to develop new offerings to help improve customer productivity. Long-term, the Bullhorn VMS Access development team will help drive the development of Bullhorn’s data integration offerings, fundamental to our cloud-based Big Data offerings.  To drive better decision-making, companies are looking to integrate data from a variety of sources online; Bullhorn VMS Access will provide that engine for our customers.”

Jonathan Novich, Co-Founder and President of The Code Works Inc., will become Bullhorn’s new General Manager of Cloud-Based Integration Technologies. “I’m thrilled to be joining Bullhorn for several reasons,” said Novich. “First, they’re the clear market leader, so it makes good business sense to be aligned with them and to leverage their expansive resources to grow our offerings and provide better service to customers. Being a part of the Bullhorn family will enable rapid product expansion and accelerated platform development for customers of Bullhorn and The Code Works Inc. Beyond that, they have a strong vision for the future with Bullhorn providing a comprehensive set of cloud-based, front office services to help companies manage their customer relationships better. We’re excited to be part of that vision.”

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: WorkForce Software Announces Vision 2015

July 24, 2014

Workforce Management Conference Is Premier Event for Employers Using or Considering the Company’s EmpCenter Solution

LIVONIA, Mich. (July 22, 2014) – WorkForce Software, the leading provider of workforce management solutions for organizations with complex labor policies and stringent compliance demands, announced the date and location of Vision 2015, its upcoming user conference.

First held in 2010, Vision has fast become one of the premier workforce management conferences in the world. Spanning four days and bringing together workforce management professionals from dozens of industries, the event is one of the largest of its kind.

Vision 2015 will be held April 19 – 22, 2015 at the Westin Lake Las Vegas Resort and Spa in Henderson, Nevada, easily accessible from McCarran International Airport. Attendees will benefit from three full days of educational sessions and material covering each aspect of workforce management, including timekeeping, attendance tracking, scheduling and leave management. The agenda also includes ample networking opportunities, which are a central draw for attendees to the world’s largest gathering of EmpCenter clients.

“Networking with fellow users at past Vision conferences has helped me expand my network of workforce management professionals,” said Michael Johnson-Maurello, payroll manager for the Art Institute of Chicago. “Those relationships – and the practice sharing that they foster – have helped us find new ways to fine-tune our workforce practices.”

Another strength of Vision is the diversity of perspectives. Practitioners and business executives share the stage with analysts, consultants and WorkForce Software experts throughout the general sessions and dedicated educational tracks. The blend of product education and peer collaboration can yield outstanding results.

Meghan Rees, manager of Scheduling for Maple Leaf Sports & Entertainment, commented, “My team and I had a great experience at Vision 2013. It provided an excellent forum for learning about upcoming feature releases, which helped us to better plan for our own system improvements. In addition, there were many opportunities to connect with other EmpCenter users and share best practices, enabling us to make more effective use of EmpCenter. As a result, we’ve been able to take fuller advantage of existing and new system features and drive significant improvements in our scheduling processes in the months following the conference. We’re looking forward to learning even more at Vision 2015.”

“Workforce management practices directly shape the employee experience, are a centerpiece of regulatory compliance and risk management, and, when done right, can measurably improve business performance,” said Kevin Choksi, WorkForce Software’s CEO and co-founder. “These are tremendous opportunities for today’s business leaders and aspiring managers, and Vision 2015 is the best forum for working towards those goals. We look forward to hosting hundreds of current and prospective clients, as well as our valued partners, in Henderson next April.”

“Many employers are just starting to appreciate the potential of modern workforce management, an area that has seen fantastic interest in recent years – interest we see continuing in the years to come,” stated Mollie Lombardi, vice president, principal analyst, Workforce Management at Brandon Hall Group. “Workforce management encompasses both the ability to deploy the workforce to execute organizational strategy, and the tools to measure the impact of that strategy. Organizations need to understand how to not only deploy tools and technology, but intersect them with the right strategies and processes to deliver real business value, and Vision provides a forum for having those conversations.”

For more information, visit the conference’s official website at vision.workforcesoftware.com.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: SAP Named a Leader in Gartner 2014 Magic Quadrant for Talent Management Suites

July 9, 2014

SAP NEWSBYTE — June 18, 2014 — SAP AG (NYSE: SAP) today announced that it has been positioned for the second year in a row in the Leaders quadrant of Gartner, Inc.’s “Magic Quadrant for Talent Management Suites (TMS).”* The report evaluated global cloud-based HR software solutions from SuccessFactors, an SAP company, and recognized the company as a leading provider of talent management technology based on its “ability to execute” and “completeness of vision.”

Gartner defines Leaders in the Magic Quadrant as those that demonstrate a market-changing vision of how talent management technology can help HR leaders achieve business objectives. SAP believes it exemplifies this vision by helping organizations increase employee engagement and improve their business performance with market-leading solutions, such as the recently released SuccessFactors Presentations, which offers a completely new and innovative approach to managing top talent. Coupled with the breadth of capabilities in the SuccessFactors HR portfolio that span the entire employee life cycle, businesses can now create deeper synergies between talent management functions and all of their HR processes and analytics.

“We are committed to building and strengthening companies’ capabilities to manage their entire workforce — both contingent and permanent staff — from initial recruiting and on-boarding to ongoing development, performance management, retention and retirement,” said Mike Ettling, global head of Cloud and On-Premise HR, SAP. “We feel our position in the Leaders quadrant is a direct result of our ability to offer global customers a choice of agile, scalable solutions that can drive employee engagement and fulfill organizations’ needs, while still building a comprehensive HR system blueprint.”

“One of the reasons we chose SAP is because we don’t want to own IT infrastructure since we’re not an IT company,” said David Bowes, chief people officer, WDS, a Xerox Company. “SAP gives us cloud-based HRIS and t alent m anagement solutions with a streamlined user experience — and no financial surprises .”

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: HRsmart Launches Latest Release of Award Winning Platform

June 16, 2014

RICHARDSON, TX – June 2, 2014 – HRsmart, a leading provider of global talent management solutions, announces the launch of version 12.1 of its Unified Talent Management Platform. This latest release is now available to all HRsmart Enterprise clients.

“The HRsmart team is very excited to provide this latest evolution of our Unified platform to our clients and the marketplace.” says Mark Hamdan, Chief CEO at HRsmart. “Our product and development teams have been working around the clock to provide, what we believe, is the most advanced architecture and solution suite in the industry.”

Gartner Group, McLean & Company, and Federys have all recognized the HRsmart Unified Architecture (HUA) as being a leading solution in the Talent Management industry. The platform has received the Cloud Showplace BoSS award for Best of SaaS, as well being named a finalist in the Network Products Guide for “Hot New Technology”. HUA is also the core platform for the Monster TMS and Empower Talent market offerings.

A few of the new features in the 12.1 Release are:

  • New and improved Compensation module complete with hard and soft rule creation, audit trails, completion monitoring & tracking and embedded compensation letters.
  • Expanded Conceptual Searching Capabilities using Monster SeeMore™ functionality, including the ability to run SeeMore searches directly from all phases of the recruiting workflow.
  • Apply with Monster feature that allows job seekers to use their Monster profile to complete the résumé/CV profile form when applying to your jobs.
  • Bulk Launch of appraisals of groups of employees by their hire or start date.
  • Employees will now have the ability to enter and provide input on goal weights when they enter their goals.
  • Both Employees and managers can enter final/overall performance appraisal comments, which are separate from any scoring/assessment or signature comments.
  • 9 Box expanded configurability allows administrators to freely determine defaults (performance & potential) within the 9 Box scales.
  • Read & Sign Course Type feature allows LMS administrators to upload course documents into the LMS that require tracking and verification of the employee actions.
  • Ad hoc Locations feature enables users to enter ad hoc locations when creating an internal class.

 

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: New JK Group White Paper Addresses Compliance Complexities of Corporate Philanthropy Programs

May 9, 2014

– Due Diligence When Investigating Charitable Organizations Is Critical

to Mitigate Legal, Financial and Reputational Risks –

PLAINSBORO, N.J. (April 23, 2014) – JK Group, the leading end-to-end solutions provider of software and value-added services for corporate philanthropy, today announced the availability of its newest complimentary white paper, “The Importance of Compliant Giving Programs.” With corporate giving on the rise – the Committee Encouraging Corporate Philanthropy reports that total giving increased for 59 percent of the companies it surveyed – the white paper outlines the complex issues that organizations must overcome to ensure a compliant and successful philanthropy program, both locally and globally.

 

According to the Charity Commission, fraud, financial abuse and financial mismanagement were featured in nearly 80 percent of its investigations into charities in 2013. Identifying the key elements related to mitigating legal, financial and reputational risk for corporations, JK Group’s researchers have provided critical insight, as well as recommended next steps, for companies interested in implementing an effective, compliant giving program.

 

With globalization continuing to connect the world and make it smaller, companies must think globally when developing philanthropic programs. According to the white paper, successful international giving programs must overcome differences in language, culture and currency, but most importantly, companies must ensure the non-profits are legitimate aid organizations with established reputations. Fraudulent groups, terrorists and scammers prey on the good intentions of giving programs. Due diligence, including compliance with international laws and tax legislation, is critical to mitigate legal and reputational risks for the giving corporation.

 

“Corporations can stimulate positive change throughout the world – and within their own workforce – with their philanthropic activities. And, while there are numerous challenges and complexities associated with establishing a giving program, companies should not be deterred; all of those challenges can be addressed with the right tools and information,” said Hesha Patel, director of Marketing for JK Group. “With the insights from our latest white paper, companies will have another resource to guide them in implementing a successful giving program.”

 

JK Group has made “The Importance of Compliant Giving Programs” available for download at: http://jk-group.com/wp_compliant_giving_programs.html.

To learn more about JK Group and how its solutions facilitate employee giving and corporate philanthropy initiatives, please visit: www.jk-group.com.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: WorkForce Software CEO Kevin Choksi Named an EY Entrepreneur of the Year 2014 Award Finalist

May 1, 2014

Choksi Recognized as Finalist in the Michigan and Northwest Ohio Region for the Vision, Personal Commitment He Brings to WorkForce Software

LIVONIA, Mich. (April 30, 2014) – EY today announced that Kevin Choksi, CEO and co-founder of WorkForce Software, a leading provider of workforce management solutions, is a finalist for the EY Entrepreneur Of The Year™ 2014 Award in the Michigan and Northwest Ohio Region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Choksi was selected as a finalist from more than 50 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 5 at the MGM Grand Detroit.

 

“It is a great honor to be recognized as an EY Entrepreneur of the Year finalist, but it is our company’s success that stands as a testament to the talent and dedication of our employees,” said Choksi. “Kathy Cannon, Mike Knister and I founded WorkForce Software to help employers more effectively manage their teams. We also sought to create an environment where smart, talented, and focused individuals could thrive and build their careers. It is this combination of great people creating great products that has fueled our growth and enabled us to advance our position as one of the most trusted brands in workforce management technology.”

 

Now in its 28th year, the program has expanded to recognize business leaders in more than 145 cities in more than 60 countries throughout the world.

 

Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year National program. Award winners in several national categories, as well as the EY Entrepreneur Of The Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2014. The awards are the culminating event of the EY Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.

 

Sponsors

Founded and produced by EY, the Entrepreneur Of The Year Awards are sponsored in the United States by the Ewing Marion Kauffman Foundation and SAP America.

 

In the Michigan and Northwest Ohio Region program, regional sponsors include: RBS Citizens Charter One, Foley & Lardner LLP., Tanner Friedman, Crain’s Detroit Business, NewsTalk 760 WJR, New Paradigm Promotional Marketing Inc., and Grand Valley State University Seidman College of Business.

 

About EY Entrepreneur Of The Year™

EY Entrepreneur Of The Year™ is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

 

About EY’s Strategic Growth Markets practice

EY’s Strategic Growth Markets (SGM) practices guide leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.

 

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

 

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

 

About WorkForce Software

WorkForce Software is the leader in workforce management software for organizations with complex policies and compliance concerns. Through its EmpCenter® and RosterLive workforce management suites, WorkForce Software enables organizations to fully automate time and attendance processes, effectively manage employee absence and leave, optimize staff scheduling, gain real-time visibility into labor costs and productivity, and mitigate the risks associated with employee fatigue. Hundreds of leading organizations rely on WorkForce Software solutions to streamline compliance, reduce labor costs, provide more intuitive tools to their employees, and achieve strategic HR on a global basis.

 

Founded in 1999, WorkForce Software has experienced tremendous growth in the evolving and expanding Human Capital Management (HCM) market. The company’s worldwide client base of customers uses its cloud-based workforce management suite to reduce costs, mitigate risks, and address the regulatory and HR complexities associated with managing a large or multinational employee base. In 2013, WorkForce Software increased revenues by 66 percent, sparked by rising demand for the company’s unique approach to time and attendance, scheduling, fatigue management and absence management requirements. In 2013, and for the second consecutive year, Inc. Magazine also recognized WorkForce Software as a top private industry job creator, and named the company to the Inc. 5000 list for a seventh consecutive year. WorkForce Software was also presented with the “Top Workplaces” designation from the Detroit Free Press for exceptional work environment, team culture, and growth opportunities.

 

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Cornerstone OnDemand Selected as Trustee Partner of the Higher Education Recruitment Consortium (HERC)

March 25, 2014

Relationship positions Cornerstone to offer HERC member institutions proven technology for strategic and effective talent management

SANTA MONICA, Calif., March 19, 2014Cornerstone OnDemand (NASDAQ: CSOD) today announced its selection by the Higher Education Recruitment Consortium (HERC) as a Trustee Partner. With its integrated, cloud-based talent management software solutions and higher education expertise, Cornerstone’s selection as a Trustee Partner reflects the company’s ability to help HERC’s 600 member institutions in 25 states and the District of Columbia further their mission to support employee recruitment, diversity and dual-career couples in higher education.

Cornerstone works with higher education institutions to help them recruit, retain and develop their faculty and staff, and to equip that talent with the tools and technologies required to successfully compete with institutions within the higher education industry. Developed completely in-house with a proven product and services model, Cornerstone’s unified talent management suite enables higher education institutions to leverage the cloud for meeting the challenges they face in empowering and maximizing the productivity of their employees.

With recruitment and retention being key challenges for HERC members, HERC recognized the synergies between Cornerstone’s solutions and the needs of higher education institutions. HERC selected Cornerstone due to its ability to advance member institutions’ capabilities to recruit, develop and retain the most diverse and talented faculty and staff.

Comments on the News

“As a talent management thought leader, Cornerstone OnDemand’s solutions can help our member institutions not only meet their recruitment needs, but also grow and foster that talent,” said HERC Executive Director Nancy Aebersold. “We are excited by the potential of Cornerstone to serve as a true partner of our member institutions looking to expand their talent management initiatives beyond recruitment to development and retention of faculty and staff.”

“In the competitive higher education industry, recruitment is only the first step towards building an engaged, productive workforce,” said Patrick Devlin, vice president, public sector for Cornerstone OnDemand. “We look forward to working with HERC member institutions to help them find and grow their talent in a more efficient and sustainable manner, and to realize the full potential of integrated talent management solutions.”

 

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Halogen Announces Fourth Quarter and Full Year 2013 Results

March 10, 2014

Halogen Software Inc. (“Halogen” or the “Company”) (TSX: HGN), a leading provider of cloud based talent management solutions, today announced its financial results for the three and twelve months ended December 31, 2013.

  • Highlights include record recurring, total and international revenue
  • Record number of new customer wins; customer count increased to nearly 2,000

OTTAWA , Feb. 20, 2014 /CNW/ – Halogen Software Inc. (“Halogen” or the “Company”) (TSX: HGN), a leading provider of cloud based talent management solutions, today announced its financial results for the three and twelve months ended December 31, 2013 . All figures are stated in United States dollars unless otherwise noted.

Fourth Quarter 2013 Financial Highlights

  • Recurring revenue increased 28% from Q4 2012 to a record $11.2 million , representing 89% of total revenue in the quarter.
  • Total revenue increased 24% from Q4 2012 to a record $12.6 million .
  • Revenue generated in international markets outside Canada and the United States increased a record 99% over Q4 2012.
  • Adjusted EBITDA1 was $(0.6) million in Q4 2013 compared to $(1.2) million in Q4 2012; Adjusted EBITDA per share1 was $(0.03) per share in Q4 2013, compared to $(0.10) per share in Q4 2012.
  • Total cash, cash equivalents and investments was $55.9 million at December 31, 2013 compared to $8.9 million at December 31, 2012 .

Full Year 2013 Financial and Operating Highlights

  • Recurring revenue increased 29% from 2012 to a record $42.1 million , representing 88% of total revenue in the year.
  • Total revenue increased 26% from 2012 to a record $48.0 million .
  • Revenue generated in international markets outside Canada and the United States increased 71% over 2012.
  • Adjusted EBITDA1 was $(2.5) million in fiscal 2013 versus $(3.5) million in fiscal 2012; Adjusted EBITDA per share1 was $(0.14) per share in fiscal 2013, versus $(0.29) per share in fiscal 2012.
1 Adjusted EBITDA is a non-IFRS measure defined by the Company as earnings before interest income or expense, other income, depreciation and amortization, share-based compensation, foreign exchange gains or losses and loss related to change in fair value of redeemable preferred shares. Adjusted EBITDA per share is calculated by dividing the Adjusted EBITDA by the weighted average number of shares outstanding in each period. Adjusted EBITDA and Adjusted EBITDA per share do not have a uniform definition. Our definition will likely differ from the definitions used by other companies, including peer companies, and therefore comparability may be limited. Thus, our non-IFRS measure of Adjusted EBITDA and Adjusted EBITDA per share should be considered in addition to, not as a substitute for, or in isolation from, measures prepared in accordance with IFRS. There are inherent limitations with non-IFRS measures; we compensate for these limitations by reconciling Adjusted EBITDA to the most comparable IFRS financial measure. Management encourages investors and others to review our financial information in its entirety, not to rely on any single financial measure, and to view our non-IFRS financial measures in conjunction with the most comparable IFRS financial measures.

“Fiscal 2013 was a transformational year for our business,” said Paul Loucks, Halogen’s CEO. “We completed our highly successful IPO in May to strengthen our balance sheet and provide us with the resources to fund our growth plans. Throughout the year, we made good progress on a number of operational initiatives. We expanded our product offering with new modules and partnerships, and we continued our push into international markets with the expansion of our office in Australia . We grew recurring revenue as a share of total revenue. We had a record year in recurring and total revenue and record new customer wins. Q4 continued the new customer acquisition strength with record new customers selecting Halogen. Looking ahead to fiscal 2014, we are expecting continued strong organic growth. We are focused on investing in both domestic and international markets in order to grow our customer base and market share in the mid-market for Talent Management solutions.”

Financial Review

Halogen’s recurring revenue in the fourth quarter of 2013 was $11.2 million , a 28% increase over Q4 2012. Total revenue increased 24% over Q4 2012, driven by increases in recurring revenue and professional services revenue. In the fourth quarter of 2013, approximately 79% of revenue was generated from customers located in the United States (82% in Q4 2012), 11% in Canada (12% in Q4 2012) and 10% in international markets (6% in Q4 2012).

Gross margin was $9.6 million , or 76% of total revenue, in the fourth quarter of 2013, compared to $7.4 million , or 73% of total revenue, in Q4 2012.

Net loss was $2.1 million in the fourth quarter of 2013 versus a loss of $6.4 million in Q4 2012. The decreased loss was primarily due to a $4.6 million loss related to change in the fair value of the Company’s redeemable preferred shares in Q4 2012 versus $nil in the fourth quarter of 2013. With the conversion of the preferred shares to common shares in the second quarter of 2013 the Company no longer incurs this expense.

Adjusted EBITDA reconciliation Three months ended
December 31,
Twelve months ended
December 31,
($000’s except per share amounts) 2013 2012 2013 2012
Net income (loss)    $ (2,066)    $ (6,351)    $ (12,820)    $ (19,578)
Interest (income) expense and other, net (72) (25) (210) (100)
Foreign exchange (gain) loss 777 51 1,390 (380)
Income tax expense 35 74 5
Depreciation and amortization 629 524 2,281 2,007
Share-based compensation 118 52 398 189
Loss related to change in fair market value of
redeemable preferred shares
4,569 6,434 14,329
Adjusted EBITDA $ (579) $ (1,180) $ (2,453) $ (3,528)
Adjusted EBITDA per share $ (0.03) $ (0.10) $ (0.14) $ (0.29)

Cash and investments increased from $8.9 million at December 31, 2012 to $55.9 million at December 31, 2013 , primarily due to proceeds from the issuance of 5.1 million common shares as part of the Company’s initial public offering.

Deferred revenue was $27.0 million at December 31, 2013 compared to $22.9 million a year earlier. This 18% increase is primarily attributed to new business generated during the last 12 months from new and existing customers.

First Quarter and Full Year 2014 Financial Guidance
For the first quarter of 2014, the Company is expecting:

  • Recurring revenue in the range of $11.9 to $12.1 million
  • Total revenue in the range of $13.4 to $13.6 million

 

For the full year 2014, the Company is expecting:

  • Recurring revenue in the range of $50.3 to $51.3 million
  • Total revenue in the range of $56.8 to $57.8 million

 

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Avature Launches Mobile App for its Enterprise HCM Platform

March 4, 2014

Avature, leading provider of SaaS CRM for Talent Acquisition and Talent Management, announces the availability of its first downloadable mobile app.

Charlotte, NC, and London, February 11, 2014 – Avature, a leading SaaS (Software-as-a-Service) provider of Human Capital Management software for Talent Acquisition and Talent Management, announces the release of its Mobile App Builder and the immediate availability of its first enterprise app designed to support event management and campus recruiting. Based on the highly configurable Avature platform, the Mobile App Builder will support multiple secure, special purpose mobile apps for a range of Avature Solutions, including candidate and employee engagement, employee mobility, and performance management. 
“While the entire Avature platform is accessible from iOS and Android devices,” commented Dimitri Boylan, Avature’s founder and CEO, “mobile apps will allow our customers to control and shape the mobile user experience for complex business functions.”
“We always focus on our customer’s real world challenges. With the Events App we are responding to our customers’ needs to work on their feet on campus or in an event hall,” commented Ezequiel Vázquez, Senior Vice President of Product Development at Avature. “The apps offline mode will facilitate onsite candidate registration and attendee management even when no internet connection is available, which is sometimes the case in event halls. ”
“The Mobile App Builder is a seamless extension of our application architecture, therefore we will be able to take advantage of all our enterprise features from the mobile device without having to make any special changes to the server code when delivering new apps.” he added. 
The Events App is the first Avature app released as the company develops others including one for hiring managers – which will enable jobs and candidates review and approval on the go – and a social intranet app.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Kronos Predicts Top Trends in Public Sector Workforce Management for 2014

February 4, 2014

CHELMSFORD, Mass., Jan. 20, 2013 — Serving more than three million public sector employees  across federal, state, and local government agencies, as well as  K-12 and higher education institutions, Kronos Incorporated today announced the top trends and issues that will impact the public sector workforce in 2014. Videos related to these trends are also available.

Top Trends for 2014

  • Open Data Governance – Citizen engagement is a growing theme in the public sector and this is driving the concept of open data, creating an environment of “open government”. In several cities, residents are already taking an active role in improving the community. For example, one leading city government is piloting a mobile application that collects road condition data as residents commute. The expectation that the public sector workforce will partner with citizens to bring solutions to real problems will grow in 2014.
  • Healthcare Reform Readiness – Recent Kronos surveys1 show that 84 percent of government agencies and 82 percent of educational institutions are either not prepared at all or somewhat prepared for the upcoming Affordable Care Act (ACA) reporting requirements. Even though the federal government issued a one-year delay related to the “shared responsibilities” requirements, it is still imperative that government agencies and educational institutions use this extra time to take a more strategic and thoughtful approach to how they will manage the changes associated with the ACA.
  • Engage a Multi-Generational Workforce – A significant portion of the public sector workforce will approach retirement age over the next few years. This dynamic heightens the urgency of knowledge transfer and effective management of multiple generations of employees including boomers, Generation X-ers, and millennials.
  • To address these issues, workforce management will need to be simplified in 2014 – Currently, government agencies and educational institutions are collecting more labor data than ever before, but this information is trapped in disparate systems and silos. Workforce analytics applications will need to be implemented so costly errors are preempted, citizen engagement is optimized, and labor utilization is reported back to the funding source. Also, moving workforce management applications and data to the cloud will remain front and center in 2014 to improve reliability and reduce costs. And mobile applications will continue to transform the way the public sector workforce operates by accessing timely information leveraging the devices they use in their daily, personal lives.

 

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HiRes

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: NASCO Makes Organizational Alignment a Reality with Halogen Software

February 4, 2014

Leading IT healthcare insurance solutions provider uses Halogen to improve workforce planning and to support three-year strategic talent management roadmap

Ottawa, ON – January 6, 2014 – A leading provider of healthcare insurance IT solutions,  NASCO, has selected Halogen’s performance management, succession planning and learning management solutions to support its three-year talent management vision. Using Halogen’s talent management solutions, NASCO aims to gain efficiency, improve workforce planning and create a highly optimized workforce by 2015.

NASCO’s new talent management process with Halogen’s solution makes organizational alignment a priority. Individual employees are now creating goals that tie directly into larger corporate goals, and associates are engaged in managing their own performance and development.

“Thanks to Halogen’s talent management solutions, we’ve been able to make organizational alignment a reality. By ensuring associate goals are linked to organizational imperatives, we’re in a much better place to achieve our vision as an organization,” says Barbara Bell-Dees, Vice President, Human Resources & People Services at NASCO.

Using Halogen’s solutions NASCO is able to centralize its talent management functions and data in one location. This ability coupled with the system’s ease of use, are among several reasons NASCO selected Halogen as its talent management partner.

According to Bell-Dees, NASCO also chose Halogen because of the talent management vendor’s reputation for delivering world class customer service: “It was comforting to know that we were choosing a company who is number one in customer service. As an organization, we are committed to delivering world class customer service and we selected Halogen because they share our values.”

A cross-functional team selected and helped implement the Halogen eAppraisal™ Financial Services and Halogen eSuccession™ modules to ensure buy-in at all levels of the organization and drive associate accountability in the process. The team plans to roll out the Halogen eLearning Manager™ module to the organization as the next phase of the implementation.

“We’ve been seeing a lot of ‘ah ha’ moments with our staff coming to us and saying how easy and intuitive the system is to use,” says Kim Ziprik, Manager, Organizational Development at NASCO. “Halogen has been more than a vendor to us; they’ve been a real business partner in our talent management journey. We always feel heard and well served.”

The Halogen Talent Management Suite™ is built from the ground up to drive higher employee performance across all talent programs – whether that is recruiting, performance management, learning and development, succession planning or compensation. All the modules in the suite integrate fully and seamlessly, providing a consistent and intuitive experience for all users, while supporting organizations in developing their human capital as a strategic, sustained competitive advantage.

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HiRes

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Jobvite and HireRight Join Forces to Offer Integrated Solution

January 29, 2014
The strategic relationship will help Jobvite customers fill positions more quickly and enhance the job-seeker and recruiter experience

BURLINGAME and IRVINE, Calif., Jan. 21, 2014- Jobvite, the leading recruitment platform for the social web, today announced the availability of a pre-integrated solution with HireRight, a leader in on-demand background checks, drug and health screening, and employment eligibility verification programs. The integrated solution will help employers fill positions more quickly through social sourcing, reduce time-to-hire, and help improve the quality of hire, while improving the candidate and recruiter experience. These benefits will enable recruiters to combat the increasing challenge of finding and retaining top talent.

“Having HireRight integrated into Jobvite is a tremendous benefit that saves us time and administration,” said Robyn Sater, technical recruiter, OpenDNS, a provider of cloud-delivered Web security services. “In today’s highly competitive market for engineers, we have to manage large volumes of applicants every day. There are many steps to take for each candidate in the hiring process, to make sure they have passed their background checks and to ensure we haven’t missed any critical steps.”

The pre-integrated solution simplifies the recruiting process by allowing Jobvite users to order and manage their background checks and drug tests within the Jobvite Hire Application. The solution features single sign-on, and will enable a background check or drug test order within just a few clicks. Candidate information from Jobvite pre-populates the background check request, eliminating duplicate data entry, the potential for human errors, and saves organizations time and administration. The HireRight Applicant Center improves the candidate experience, giving them access to manage their own background screening process. The system provides visibility into background checks and allows candidates to submit documents and information, respond to alerts, questions and requests for additional data, view status updates, and interact directly with HireRight for support through live chat.

“The talent pool is shrinking globally and recruiters must act quickly and effectively to attract and engage top talent,” said Jobvite VP of Business Development Skip Hilton. “At Jobvite, we want to arm recruiters with advanced but easy-to-use tools to help them win the war for talent, and our teaming with HireRight aligns with that mission. Employment screening is critical for organizations to ensure safe and high quality candidates. This new advanced solution will allow them to improve their hiring process and speed up their time-to-hire.”

“According to Aberdeen Group, using an integrated, automated talent management solution increases quality of hire by up to 10 percent, while reducing time-to-hire and cost-of-hire,*” said Mary O’Loughlin, senior director of strategic alliances, HireRight. “We are thrilled to be working with Jobvite to provide their users with a hiring solution that provides a single management dashboard for all candidate and employment information, that helps them streamline the screening processes and more effectively manage their screening programs.”

The pre-integrated solution leverages the Jobvite SaaS platform and HireRight Connect API, making the combined application robust and scalable. It enables configurable account and package setup and flexible order management.

*Source: Aberdeen Group:Employment Screening: Mitigating Risk, Driving Down Cost, Sept. 2010
HireRight is a registered trademark of HireRight, Inc. 

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HiRes

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: ADP® Awarded Contract by Greenwich, CT to Provide Payroll, Other Human Capital Management Solutions

January 29, 2014

Greenwich Selects ADP as Part of Town’s Renewed Focus on Technology and Service to Help Enable 3,400 Employees to Better Serve 62,000 Residents

ROSELAND, N.J. – January 9, 2014ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced that Greenwich, CT, has awarded the company a contract to provide payroll and other services covering 3,400 employees.

ADP said that among the solutions Greenwich had purchased were cloud-based services for Payroll Processing Services, Human Resource Management, Time and Labor Management, Benefits Administration and Tax Filing Services.  The technology and service support to be provided by ADP will help town employees focus even more on meeting the needs of Greenwich residents.

“Our agreement with ADP is a reflection of Greenwich’s re-dedication to using ADP’s state-of-the-art technology and its commitment to service to ensure we are efficiently meeting the needs of our citizens,”  said Peter J. Tesei, First Selectman of Greenwich.  “We want to let ADP do what it does best, so our employees can focus on what they do best.”

“Our partnership with Greenwich showcases the combination of quality technology and a commitment to service that we bring to public sector clients,” said Mark Benjamin, President of Global Enterprise Solutions at ADP.  “ADP’s human capital management solutions address the unique employment and pay practices of government organizations while delivering a service model that reduces cost and maximizes the focus and effectiveness of their internal staff.”

Employees in Greenwich have a complicated set of payroll needs, defined by contracts with nine employee unions and separate commitments to managerial supervisors.  The town felt it was critical to upgrade its existing infrastructure to improve efficiency and minimize errors.

“It was apparent to us that we needed a human capital management system that would reduce our exposure to risk from error while increasing our efficiency,” said Mary L. Pepe, Director of Human Resources for Greenwich.  “Our immediate goals were to increase core functionality and expand our use of automation, while ensuring we had the flexibility we would need for future expansion.”

The town saw several attributes inherent in ADP that led them to retain the company’s services.

“ADP has a proven track record of helping large organizations with complicated payrolls – not only with technology, but as seen in their commitment to servicing each client,” said Pepe.  “With our new contract, for instance, we have the name, phone number and email for a dedicated account representative at ADP who is always available for us.”

Pepe said that kind of support is critical for Greenwich.

“When you are facing an emergency, you need to be able to get someone on the phone in a timely manner and you need to have developed an emergency backup plan with that partner,” said Pepe.  “This level of support is something we will get from ADP.”

Pepe also said the ADP solution enables employee self-service – an efficient capability for the town.

“We needed a solution that enabled our employees to enter their own information, while giving us the confidence that that information would flow through the system accurately,” Pepe said.  “We needed a system that allowed information to be collected from more than one source, and ADP will deliver that.”

As state and local governments confront new operating challenges, ADP is committed to delivering industry-leading HCM solutions to meet the needs of the public sector industry, the company said. ADP technology, service and public sector expertise help enable innovative organizations such as Greenwich to focus on improving their constituent services and shaping strategic initiatives.

ADP currently serves more than 5,000 public-sector employers including government organizations; colleges, universities and professional schools; elementary and secondary schools, and public order and safety agencies.  ADP’s solutions for public sector clients provide value by helping to:

  • Automate and consolidate payroll, HR and benefit administration processes;
  • Leverage manager and employee self-service to help improve service levels and reduce manual support needs;
  • Manage shift labor and employee hours via automated tools that flow directly into the payroll system;
  • Develop integrated, management reporting and analytics that help improve workforce transparency; and
  • Modernize and manage systems without straining capital budgets or IT resources.

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HiRes

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: New IBM Kenexa Talent Suite Taps Big Data To Energize Today’s Workforce

January 28, 2014

Cloud-Based Software to Combine Social Business Capabilities, Watson Foundations and Workforce Science to Modernize Human Capital Management

ARMONK, N.Y. – 27 Jan 2014: IBM (NYSE: IBM) today announced the software-as-service (SaaS)-based IBM Kenexa Talent Suite that allows Chief Human Resources Officers (CHROs) and C-Suite executives to gain actionable insights into the deluge of data shared every day by their workforce. As a result, organizations can now streamline, modernize and add precision to hiring practices, increase workforce productivity and connect employees in ways that impact business results.

Organizations around the world today are on a mission to identify and hire top talent. By hiring precisely the right employees and then arming them with powerful social tools, businesses can more effectively manage and develop their workforce and put them into the position to succeed.

With the IBM Kenexa Talent Suite, HR professionals can look at large volumes of employee data – such as work experience, social engagement, skills development and individual interests – to identify the qualities that make top performers successful. Organizations and teams can then use those models to pursue candidates through additional targeted social marketing on social recruiting sites, where job seekers matching the profile are automatically connected with opportunities matching their skills.

Customers can accelerate the onboarding and the integration of new hires through IBM Connections capabilities. This helps employees share information and find the right experts to accelerate learning and increase productivity and engagement, while at the same time providing a way for leaders to more effectively manage their teams. Through analytics and reporting, line of business leaders can better understand emerging employee trends and more effectively manage each individual career path in areas like skill attainment, performance appraisals, compensation, succession planning and more.

“We know people are the lifeblood of an organization, and business success on today’s stage requires not just talent but social capabilities that can energize, empower and nurture each team member so they can reach their full potential,” said Craig Hayman, General Manager, Industry Cloud Solutions, IBM. “By combining social, behavioral science and analytics in the cloud, we give businesses a clear path to empower their most valued asset – employees.”

Interested customers can complement the Suite with Watson Foundations, a comprehensive, integrated set of Big Data and Analytics capabilities that enable clients to find and capitalize on actionable insights. Watson Foundations provides the tools and capabilities to tap into relevant data – regardless of source or type – and apply a full range of analytics to gain fresh insights in real-time, securely across an enterprise.

Using Watson Foundations customers will be able to conduct a deeper level of analysis on key workforce-related data, identify trends within the workforce, predict future trends and proactively take action. Executives can also look at the profiles and work performance of their top employees and determine the appropriate type of rewards needed to keep them engaged.

According to an upcoming IBM C-Suite study that surveyed 342 CHROs representing 18 industries, many businesses are not taking full advantage of the insights delivered by workforce big data and analytics. The study found that just over half of organizations are using workforce analytics, with far fewer applying predictive analytics to optimize decision making and outcomes in areas such as sourcing and recruiting (7 percent), employee engagement and commitment (9 percent) and talent development (10 percent), retention (13 percent).

The CHRO study also found that human resources executives are in the early stages of applying social approaches within the organization. Currently, 66 percent are regularly using social for their recruiting efforts, but only 31 percent are using it for knowledge sharing and 41 percent for learning.

Today leading businesses such as AMC are benefiting from IBM talent management software. AMC, one of the world’s premier entertainment companies, uses recruitment technologies from IBM to gain a deep understanding through data analytics of what it takes to succeed at the organization. AMC then uses that knowledge to attract candidates who are more likely to succeed once they’re hired.

“Harnessing the power of data gives us a better picture of what top talent looks like in our industry. IBM’s talent management solutions allow us to use data in new ways so we can make better informed decisions that have a greater impact on our business,” said Heather Jacox, Director, Diversity, Recruitment & Development at AMC.

The IBM Kenexa Talent Suite includes the following:

· Talent Acquisition: Includes recruitment, skill and behavioral science-based assessments and onboarding. These integrated functions are designed to provide a deep understanding of what the best talent looks like and then how to attract, hire and engage them.

· Talent Optimization: Includes performance management, succession planning and compensation planning to empower and get the most out of employees.

· Social Networking:  Increases productivity with expertise identification and knowledge discovery – connecting employees and accelerating the time to productivity.

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HiRes

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Global Companies Choose Cornerstone OnDemand Cloud Integration with Workday to Access a Comprehensive View of Employees

January 23, 2014

Cornerstone’s packaged integration with Workday Human Capital Management unifies learning and development with broader human resources initiatives

SANTA MONICA, Calif., January 15, 2014Cornerstone OnDemand, (NASDAQ: CSOD), a global leader in cloud-based talent management software solutions, today announced that it is helping organizations unify key employee information in the cloud with Workday, a leading provider of enterprise cloud applications for human resources and finance. Cornerstone Learning Cloud connects directly with Workday Human Capital Management (HCM) through a Workday Cloud Connect packaged integration that syncs learning experiences with core worker history and talent profile data.

Organizations around the world use the Cornerstone Learning Cloud – which delivers the world’s leading cloud-based learning application with solutions for e-learning, social learning, instructor-led training, compliance and certification management, mobile training, and more – to deliver, track and report on highly targeted, highly customizable learning initiatives of any kind to employees. The integration between Cornerstone and Workday HCM allows companies to rapidly share and maintain consistent employee data across the enterprise and sync learning and development initiatives without the inconvenience or added costs of having to develop custom interfaces.

Managers and executives benefit from the integration because it enables them to access a more complete view of the employee – such as job profiles, organizational structures, learning transcripts, competencies and completed trainings – all in one place and in real time. Organizations also are able to access simple, yet robust employee data and reports that help leaders make more informed decisions about how to effectively manage and develop their workforce.

Cloud-to-Cloud Integration Paying Off for Clients

With Cornerstone being the only Workday Cloud Connect learning and development partner, several organizations are benefiting from this cloud-to-cloud alignment:

  • Air Evac Lifeteam, the largest membership-supported, independently owned and operated air medical service in the United States, uses the integration to deploy targeted training assignments and ensure 2,400 staff members across 15 states are up to date on the latest regulations, internal training requirements and best practices in providing world-class critical care.
  • Rentokil Initial, one of the largest business services companies in the world, uses the integration to make more targeted and streamlined training decisions and efficiently generate reports based on country-specific regulations and requirements.
  • VWR International, a global laboratory supply and distribution company, uses Cornerstone and Workday together to see the whole talent picture at a glance. VWR also plans to benefit from the integration by driving completion rates of training assignments via more targeted curriculum for nearly 8,000 employees in the United States, Europe, Canada, Australia, New Zealand, China, India and Singapore.

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HiRes

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


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