HRchitect Tech Vendor News: Skillsoft Announces Agreement To Acquire SumTotal Systems

August 22, 2014

DUBLIN & NASHUA, N.H.–(BUSINESS WIRE)–Skillsoft Limited (“Skillsoft”), a pioneer in technology-delivered learning solutions, announced today that its subsidiary, Skillsoft Corporation, has entered into a definitive agreement for the acquisition of SumTotal Systems, LLC from affiliates of Vista Equity Partners (“Vista”), a U.S.-based private equity firm. Terms of the transaction were not disclosed.

Skillsoft has a long history of innovation and delivery of solutions for its customers worldwide, ranging from global enterprises, government, and education to mid-sized and small businesses. The acquisition of SumTotal expands Skillsoft’s solution portfolio and global reach.

SumTotal provides flexible, next-generation human resources (HR) solutions to 3,500 customers and 49 million users worldwide including many of the Fortune 500. SumTotal’s Talent Expansion solution provides personalized learning and HR processes to organizations of all sizes.

“We’re very excited about the opportunity to bring together the experience and strengths of two proven leaders in the cloud-based HR solutions market,” said Skillsoft CEO Chuck Moran. “The integration of these complementary products – Skillsoft’s technology-delivered learning assets and SumTotal’s solutions for learning, talent and workforce management – will allow our customers to break new ground in implementing more comprehensive solutions for managing and expanding their workforce talent.”

“We are pleased to support the management team with such a significant and transformational transaction so soon in our tenure together,” said Frank van den Bosch, Partner at Charterhouse Capital Partners LLP, which acquired Skillsoft in April 2014. “Skillsoft’s acquisition of SumTotal brings together two of the most widely respected and experienced industry players and gives us the ability to present an exciting and compelling opportunity for the combined global customer base.”

“We look forward to joining the Skillsoft family,” said SumTotal CEO Hardeep Gulati. “This acquisition is a pivotal milestone in the 29-year history of SumTotal and a tremendous endorsement of our employees, as well as the differentiated solutions and services that SumTotal provides. I am very excited about the opportunity to provide more value to our customers, who now will benefit from a comprehensive content rich HR solution.”

“It has been our pleasure to work with SumTotal over the past five years to expand their portfolio of solutions and better serve their customers and the HR industry as a whole,” said Brian Sheth, President of Vista Equity Partners. “We are confident that SumTotal and Skillsoft together are well-positioned to deliver tremendous value to customers and we wish the company the very best during its next phase of growth.” As part of the transaction, Vista Equity Partners will maintain a small ownership stake in the combined company.

The closing of this transaction is subject to various conditions, including the expiration of the applicable waiting period under the Hart-Scott-Rodino Act.

Deutsche Bank Securities Inc. acted as exclusive financial advisor to Skillsoft. Committed financing for the transaction is being provided by Barclays, Morgan Stanley, Deutsche Bank and Credit Suisse. Simpson Thacher & Bartlett LLP acted as legal counsel to Skillsoft. Evercore acted as exclusive financial advisor to Vista. Kirkland & Ellis acted as legal counsel to Vista.

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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

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HRchitect Tech Vendor News: CloudPay Launches Enhanced Global Payroll Reporting Functionality, CloudPay Insights

August 20, 2014

Company’s Latest Innovation Enables Businesses to Leverage Big Data to Understand Their Payroll Process, Drive Positive Results and Make Better Informed Decisions

RALEIGH, N.C. and LONDON, U.K. (August 19, 2014) CloudPay, the pioneer of SaaS-based payroll automation for multinationals, today announced details of CloudPay Insights, its enhanced global payroll reporting solution. This robust capability gives organizations the ability to leverage big data to gain greater transparency into the real-time costs associated with their workforce by digging deep into their own comprehensive, multi-country payroll data.

 

In today’s competitive business environment and still volatile economy, multi-national organizations must be able to respond and adapt to changing market conditions as rapidly as possible. CloudPay Insights solves this challenge by enabling companies to identify key workforce trends in their global payroll data to drive and support well-informed business strategies. Though often overlooked as a source of record, the information contained in a company’s payroll data reveals crucial statistics on the true costs of compensating employees around the globe. Given the rise of big data and the benefits of utilizing the massive amount of information now available, CloudPay gives employers the tool to drill down into this data to identify hidden costs, spot important trends and make more effective business decisions.

 

The need for such a solution is a pressing one. According to research from the MIT Sloan Management Review and SAS Institute, a majority of professionals reported that their organizations are under pressure from senior managers to become more data driven and analytical. Yet, only 42 percent said they frequently have access to the data they need to make key decisions. At the same time, a report from McKinsey & Company found that the three factors necessary for developing a successful data-driven strategy are: choosing the right data, the ability to predict and optimize business outcomes, and transforming the company’s capabilities. CloudPay Insights provides organizations with the tools to achieve those three aspects. As a result, companies can access real-time reporting metrics on their payroll data, enabling them to act on this information and bring immediate improvements to their payroll operations.

 

CloudPay Insights can be used at all levels of the organization. Senior business leaders benefit from accessing data across their global enterprise to gain a better view of profit and loss, the expenses around payroll taxes and benefit deductions, and the overall costs of doing business. The solution also gives regional and business unit leaders the insight into the costs associated with hiring for specific positions in various regions, helping to drive decisions about where talent should be placed. At the same time, HR and payroll managers and practitioners can easily access audit reports and other key data that provides tactical information about the workforce they need on a day-to-day basis.

 

Innovative features of CloudPay Insights include:

  • Enhanced dashboarding capabilities: Users of CloudPay Insights have the flexibility to create and customize their own reports without having to use pre-built templates, ensuring they leverage the most relevant information.
  • Improved workspace functionality: This feature allows users to create reports with relational or dimensional data sources, enabling deeper analysis, report authoring and advanced data exploration.
  • Faster performance: CloudPay Insights includes developments such as null suppression optimization and in-memory caching for performance gains, enabling users to greatly reduce the amount of time they spend creating reports.

These improvements will lead to significant benefits for CloudPay’s clients, such as:

  • Improved decision making: Stakeholders receive needed information, such as headcount, leavers and new hires per country or legal entity, in a targeted, actionable format personalized according to their areas of responsibility to support informed decisions.
  • Increased operational efficiencies: The solution eliminates the need for labor-intensive data collection, consolidation and reporting, giving users access to CloudPay’s single, unified payroll information repository.
  • Cost reductions: With better business intelligence to understand the big data available and make critical decisions, organizations can streamline their processes and reduce the costs associated with payroll.

“Although the payroll function contains significant information that can help shape business decisions, set goals and priorities and optimize workforce strategy, many companies neglect to mine this data or simply lack the tools to do so effectively,” said Andrew Pearson, CEO of CloudPay. “Necessary for effective global payroll reporting is having a common technology platform that can compile the vast stores of payroll data from across the enterprise and transform it into actionable information. CloudPay stands alone in the payroll management space as the only provider to offer a common technology platform that delivers the business intelligence to make well-informed decisions about the costs and processes of compensating their global employees.”

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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 Reports 108 Percent Rise in SaaS Bookings, Strong Performance Through First Half of 2014

August 18, 2014

Company Reports Robust Growth as More Organizations Recognize

Benefits of EmpCenter, its Cloud Workforce Management Solution

LIVONIA, Mich. (August 12, 2014) – WorkForce Software, the leading provider of workforce management solutions for organizations with complex labor policies and stringent compliance demands, today announced details of its strong performance and robust growth achieved in the first half of 2014. During this time period, the company welcomed many new clients, received a majority investment and extended its lead in cloud-based workforce management solutions for large employers.

“WorkForce Software’s history is characterized by continued growth and improved year-over-year performance, and that trend continued through the first half of 2014,” said Kevin Choksi, CEO and co-founder of WorkForce Software. “We expanded our reach in numerous industries and formed several strategic relationships that enhance our position in a dynamic workforce management market.”

Sales Growth and Client Wins

Overall, WorkForce Software experienced substantial and sustained growth in the first six months of 2014, with total revenues up 48 percent over the same period in 2013, led by rapid adoption of EmpCenter®, the company’s enterprise workforce management suite. As a result, SaaS bookings have risen by more than double (108 percent) compared to the first half of 2013, and SaaS revenues have increased 77 percent over the same time period.

New clients represent large employers in a range of industries, including technology, healthcare, oil and gas, financial services, training and professional education, public sector and utilities. The company also had a strategic win in the European market, attracting a Switzerland-based global reinsurance company. WorkForce Software also cemented its leadership position in fatigue risk mitigation for the petrochemical industry, welcoming two new clients in this sector, a Canadian integrated energy company and a chemical company based in Louisiana.

Additional new clients added in the first half of 2014 include:

  • A national nonprofit organization committed to helping education institutions measure and improve learning outcomes
  • A global supplier of health care information technology solutions, services, devices and hardware
  • The most populous county in Illinois, providing services for more than 5 million residents
  • The eighth-largest church in the U.S.
  • One of North America’s most diversified construction companies, serving the building, heavy industrial, civil and infrastructure, mining, pipeline, power and communication sectors
  • A leading provider of semiconductor and system solutions for communications, defense and security, aerospace and industrial markets
  • A leading provider of secure portable storage solutions
  • New England’s largest utility system serving more than 3.6 million electric and natural gas customers
  • A national natural gas distributor serving over one million residential and industrial customers
  • An American natural gas utilities holding company
  • One of the oldest and largest medical providers in the Greater Cincinnati region
  • The State of Delaware, which became the second state to leverage EmpCenter across all state agencies

Industry Recognition

WorkForce Software’s rapid growth has been noticed by competitors, customers, industry analysts and the media alike. In particular, the company was recognized by Gartner as one of the four fastest growing vendors by Total ERP Software Revenue, Worldwide for 2013 outside the top 10, in the research firm’s Market Share Analysis: ERP Software, Worldwide, 2013 report, released on May 5, 2014.

Bill Kutik, leading independent analyst of the HR technology marketplace, commented, “Successful workforce management is more difficult than ever. Employers must not only have tools to automate key workforce processes like time and attendance and absence management, but also keep up with rapidly changing legislation and compliance. Many of the best-of-breed vendors, including WorkForce Software, also have critical workforce scheduling functionality, processes so large and complex that many broader HR tech vendors don’t even try to copy them in their Time & Labor modules.”

Holger Mueller, principal analyst and vice president of Constellation Research, Inc., commented, “Compliance demands, the enormous potential of cloud delivery and greater competition for top talent have led many organizations to rethink their workforce management processes. Regardless of industry, today’s organizations seek solutions that can automate key processes, such as time and attendance, absence management and scheduling, in order to remain competitive and minimize risk.”

Majority Investment

In April, WorkForce Software announced another strategic step to accelerate its next phase of growth. New York-based Insight Venture Partners assumed a majority equity position in the company, bringing substantial resources and a pedigree in cloud-based technology to the partnership with WorkForce Software. The investment and partnership with Insight Venture Partners serve to further fuel WorkForce Software’s global expansion.

Strategic Alliance

Another key to WorkForce Software’s success is its ability to partner with other organizations that extend and increase the value of its solutions and services. In May, the company announced its strategic alliance with Benefitfocus.com, a leading provider of cloud-based benefits software solutions. Through this partnership, WorkForce Software has joined the company’s app program, giving users of the Benefitfocus HR INTOUCH MARKETPLACE™ convenient access to EmpCenter.

Vision 2015

WorkForce Software recently announced details of its next user conference, Vision 2015. The event, which brings together workforce management professionals from numerous industries and countries, will be held April 19-22, 2015 at the Westin Lake Las Vegas Resort and Spa in Henderson, Nevada. Vision offers attendees a range of educational sessions covering crucial aspects of workforce management, including timekeeping, attendance tracking, scheduling and leave management.

Looking toward the Future

“The first half of 2014 has been quite eventful, and more large employers have recognized the value of our solutions and the expert, responsive service that you can only get from a company dedicated to workforce management,” said Choksi. “Combined with increasing industry recognition, the backing from Insight Venture Partners and an expanding partner network, this sales momentum enhances WorkForce Software’s role as a top provider of enterprise cloud 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 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: Randstad Sourceright Appoints Seasoned Business Leader Robert A. Lopes as President of RPO

August 15, 2014

Lopes to Leverage Extensive Career in HR,
Outsourcing and Consulting in New Role

ATLANTA, July 29, 2014 Randstad Sourceright, a global talent leader, today announced that Robert A. Lopes, a proven business leader with nearly three decades of experience, has joined the company as its new president of Recruitment Process Outsourcing (RPO). In this capacity, Lopes is responsible for leading the company’s RPO operations in North America, helping to grow the business and ensure the company continually improves its operational, sales and service delivery focus.

“Bob’s impressive credentials, including decades of experience in the HR field and proven ability to lead companies to success, make him uniquely qualified to take on the role of president of RPO,” said Rebecca Callahan, Group President, Professional Solutions for Randstad U.S. “More than that, he is a visionary thinker who has the skills and know-how to ensure our continued growth and innovation in the RPO market. I am pleased to welcome him to the team and confident that his talents and expertise will serve us well.”

Lopes comes to Randstad Sourceright with a wealth of executive expertise that will be crucial to ensuring the company’s continued leadership in the RPO space. He most recently served as CEO of Acclaris, where he was responsible for all company functions, including sales, operations and strategy for this U.S. and India-based healthcare technology company. Previously, he served as a human capital national practice leader and executive vice president for Aon Consulting, having led the company’s RPO business to Top Provider status, as designated by HRO Today. Earlier in his career, Lopes served as president and CEO of Veritude, a venture capital company of Fidelity. In this capacity, he led all aspects of staffing, recruiting and talent management services. Lopes’ tenure also includes responsibilities as global managing partner of Towers Perrin’s Worldwide Benefits Outsourcing business with centers in Australia, the U.K., Canada and the U.S. Lopes started his career as a consultant at Hewitt Associates.

In addition to his professional experience, Lopes holds a Bachelor of Business Administration degree in Management Information Systems from the University of Notre Dame. He has also been an active board member and executive sponsor for several community programs; most currently as co-executive sponsor for Notre Dame’s NDIgnite Program for Philadelphia/South Jersey, a program that helps students with strong academic credentials to prepare for the college entrance process.

“Randstad Sourceright is well known across the industry for its comprehensive RPO solutions that help clients find the best talent for the right roles when they are needed most,” said Lopes. “I am very excited to join the company and take the reins of the RPO division, and help to further grow this already strong function.”

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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: Technomedia Brings New Innovation to Talent Management Space with Latest Feature Pack Enhancements

August 15, 2014

Company Streamlines Talent Management Processes with Mobile First Design and New Talent Stream and Smart Assistant Features

NEW YORK and MONTREAL – July 29, 2014Technomedia, a leading provider of Talent Management Solutions, today announced the release of its second feature pack of 2014, following the release of its previous enhancements in February. In this latest update to its industry-leading talent management technology, the company offers employers greater efficiency and streamlined processes to truly enhance the way they align talent with business objectives.

 

As Technomedia continues to expand its presence and become a vendor of choice for organizations around the globe looking to optimize their workforces, the company continually reinvests in its technology to offer the most comprehensive talent management solutions on the market. With the latest enhancements to its award-winning talent management suite, the company provides employers with a streamlined technology platform that greatly improves the way they recruit, engage, develop and reward their employees, while helping them create and maintain successful workplaces.

 

This latest feature pack offers over 65new features and enhancements across all modules of its talent management suite. A few highlights include:

  • Enhanced Mobile Interface: Designed around best practice mobile first concepts, Technomedia’s Engage User Interface offers managers the ability to perform more of their talent management tasks on the mobile devices they use on a daily basis.
  • New Business Intelligence Platform: This powerful new tool sets the bar for robust reporting and analytics, providing users with the insight and business intelligence they need to make smarter, well-informed talent decisions.
  • Talent Stream: This new feature delivers one-click access, whether on a computer or mobile device, to all activities across the Technomedia Talent Management Platform, with familiar interfaces for managers and employees alike.
  • Smart Assistant: The new Smart Assistant serves as a personal assistant, continuously scouring the Talent Stream for any activities that are urgent and alerting the user of important actions that must be taken.
  • Performance Management: The latest performance assessment form enhancements offer a more simplified process and design while also making configuration more flexible and user-friendly.
  • People Reviews: New enhancements allow for enriched talent insight with seamless integration with the Learning and Succession modules.
  • Talent Acquisition: There are a host of new features attached to recruiting with enhanced workflows, onboarding activities, application processes, as well as tools for deeper and more robust candidate connection.

“A critical component of Technomedia’s success depends on our ability to read the market and deliver the solutions that not only meet client demands but exceed their expectations,” said Dwaine Maltais, executive vice president and general manager for U.S. Operations for Technomedia. “Our new feature pack introduces several innovations that not only bring greater efficiencies to the talent management process, but also more deeply engage users, further enabling our clients to make smarter decisions around their talent and ensure a strong ROI.”

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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: Saba Provides Selected Fourth Quarter and Fiscal Year 2014 Financial Metrics

August 13, 2014

Record New Cloud Bookings Drive Over 100% Year-Over-Year Growth in the Fourth Quarter

Redwood Shores, Calif., July 14, 2014 – Saba (OTC Pink: SABA), a global leader in next-generation cloud solutions for talent management, today provided an update on its business momentum and its progress on the restatement of historical financial results.

“Saba ended fiscal year 2014 with very strong bookings growth in the fourth quarter and we plan to build on that momentum in fiscal year 2015,” said Shawn Farshchi, President and CEO, Saba.  “New cloud bookings during the last three quarters of fiscal year 2014 grew 75% over the last three quarters of fiscal year 2013, culminating in record fourth quarter new cloud bookings.  We experienced strong growth in all geographies, in our small and medium sized business markets, and in our behind-the-firewall to cloud migrations.  With an adept talent management sales team, a growing pipeline, and a robust demand environment, we believe we are well positioned to deliver new cloud bookings growth in excess of 30% in fiscal year 2015.”

While the Company is not yet in a position to report detailed financial results for its fourth quarter and fiscal year 2014, ended May 31, 2014, as a result of its pending restatement of certain historical financial results, the Company is providing the following selected financial metrics that are not expected to be impacted by the restatement:

  • New cloud bookings (annual contract value) grew over 100% in the fourth quarter of fiscal year 2014 as compared to the fourth quarter of fiscal year 2013.  Fiscal year 2014 new cloud bookings grew 25% over fiscal year 2013.
  • 47 new customers were added in the fourth quarter for a total of 174 new customers in fiscal year 2014.  New customers in the fourth quarter included Bank of New York Mellon,  Northwestern University, George Washington University, Blue Care, Availity, Alestra Mexico, Sony Mexico, Kyowa Hakko Kirin Co., and Shutterfly.
  • 16 customers signed to migrate their talent solution from behind-the-firewall to Saba Cloud in fiscal year 2014; seven in the fourth quarter.  Customers include Intel, Network Appliance, Allina Health System, American International Group, URS Corporation, Bose, and the City of Houston.
  • Cloud renewal rates were 90% in the fourth quarter and 89% for the full fiscal year 2014.
  • Cash and cash equivalents were $27 million (after payments in the fourth quarter of fiscal year 2014 of approximately $3 million associated with the accounting review and restatement and approximately $1 million associated with non-recurring items) and total debt was $69 million at May 31, 2014.
  • Cash flow from operations was $2 million for the fourth quarter of fiscal year 2014 (excluding approximately $3 million associated with the accounting review and restatement).

With over 21 issued or pending patents, Saba continues to strengthen its leadership as one of the world’s most innovative and unified talent management providers.  Saba introduced its Spring 2014 Release, during the fourth quarter of fiscal year 2014, making Saba Cloud more engaging, intelligent, and extensible.  Key innovations across the Saba Cloud Platform include:

  • Learning@Work — introduced remote video proctoring and multiple levels of approvals with support for serial and parallel approval flows
  • Performance@Work — developed To-Do-List that allows employees and managers to group annual development plans into smaller accomplishable goals with various deadlines
  • Collaboration@Work — created the concept of “rooms” where users can aggregate all their session content and meetings in one place
  • Recruiting@Work — added granular approval workflow and approval reminder notifications
  • Architecture and Foundation — enhanced Marketplace by adding seamless integrations to OpenSesame and HireRight to our diverse ecosystem of third-party application partners that include Workday, Salesforce, Microsoft, Monster, LinkedIn, and TalentBin

As previously announced, we are currently working towards completing the audits of prior periods and fiscal year 2014 and anticipate regaining SEC compliance during the fourth calendar quarter of this year.  We plan to hold an annual meeting of stockholders as soon as practical after regaining compliance with the Company’s SEC filing requirements.

Conference Call
Saba will host a teleconference call and live webcast today, Monday, July 14, 2014, commencing at 5:00 p.m. Eastern Time, to discuss its business momentum and its progress on the restatement of historical financial results.  To join the call, please dial +1.800.230.1092 or +1.612.288.0337.  The access code for the conference call is 329942.  To listen to the live webcast, please go to the Investor Relations page of the Saba web site at http://investor.saba.com and click on the Live Webcast icon.

A replay of the conference call will be available shortly after its conclusion.  The replay dial-in number is +1.800.475.6701 or +1.320.365.3844.  The access code for the conference call replay is 329942.  The replay can also be accessed from the Investor Relations page of the Saba web site at http://investor.saba.com and will be available through August 14, 2014.

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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: Saba Marketplace Bolsters its Talent Ecosystem with HireRight and OpenSesame

August 13, 2014

Drag-and-Drop Capabilities Integrate Third-Party Talent Sourcing, Employee Screening and Learning Content and Services

REDWOOD SHORES, Calif. – June 25, 2014 – Saba (OTCPink: SABA), a global leader in next-generation cloud solutions for intelligent talent management, today announced Saba Marketplace has welcomed HireRight and OpenSesame to its diverse ecosystem of third-party application partners for the Saba Cloud. First announced at the company’s @Work 2014 annual global user conference, Saba Marketplace seamlessly integrates numerous applications across learning, talent and HRMS into a single interface, simplifying and accelerating talent sourcing, employee development and collaboration. Saba Cloud customers now have access to OpenSesame for training excellence and HireRight for employee screening, in addition to a wide range of leading industry applications including Active Directory, Broadbean, Cisco WebEx, LinkedIn, Microsoft Dynamics, Monster, Salesforce, SimplyHired, TalentBin and Workday.

To better support their business, HR and Talent professionals need to be able to easily navigate and connect the actionable information dots from an ever-expanding number of talent, CRM and enterprise services. With its unique drag and drop functionality, Marketplace enables users to quickly implement and continuously fine-tune their HR hub. Fast and easy access and configuration means that organizations have real-time control and can swiftly respond to shifting business priorities. The latest additions to Saba Marketplace allow for the quick creation of learning programs and acceleration of hiring for key positions.

“Organizations – regardless of size, industry or location – are avidly seeking ways to easily empower employees by keeping pace with the services and technologies available today,” said Hemanth Puttaswamy, CTO and Senior Vice President of Products and Development, Saba. “Saba Marketplace delivers intelligent, multi-faceted applications and services under one hood, closing the costly and time consuming gap between data, geographies and critical business initiatives. With the addition of HireRight and OpenSesame, we continue to push the future of application networking and provide our customers an array of integrated 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 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


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