HRchitect Tech Vendor News: SilkRoad Connections Brings Together Customers and Industry Thought Leaders

May 17, 2013

SilkRoad Connections Brings Together Global Customers and Industry Thought Leaders to Empower HR

SilkRoad, a leading global provider of cloud-based social talent management solutions, will bring together several hundred customers, partners and employees at its fourth annual SilkRoad Connections, taking place at The Westin Diplomat Resort & Spa in Hollywood, Florida, on May 19 – 22, 2013.

SilkRoad’s Global User Event connects international Life Suite® software solutions customers with industry thought leaders and SilkRoad experts over the course of three days to share, experience and discuss the latest innovations in social talent management.  Industry and product-related sessions will help HR leaders to increase business performance using SilkRoad’s cloud-based software solutions.

Highlights of this year’s conference include:

  • Keynotes by Dan Pink, author of New York Times bestsellers A Whole New Mind and Drive, and Bob Kelleher, award-winning author of LOUDER THAN WORDS: 10 Practical Employee Engagement Steps That Drive Results and Creativeship, A Novel for Evolving Leaders.
  • Social Talent Management sessions that will address integrating social media into everyday HR to reach candidates more effectively and foster employee collaboration and communication.
  • Mobile Talent Management sessions where attendees will discover how mobile learning, benefits, recruitment and performance delivers business agility and improved employee and candidate experience.
  • HR Management sessions that will provide first-hand accounts from SilkRoad customers on using HRMS solutions to unburden HR with everyday administrative tasks, allowing them to focus on the transformative elements of the job.

“SilkRoad Connections is one of the premier events of the year for people interested in cutting-edge strategies for engaging and developing employees,” said Edward Vesely, EVP and Chief Marketing Officer at SilkRoad.  “In today’s competitive marketplace, where talent is often the deciding factor between success and failure, Connections gives our customers the critical tools and knowledge to make strategic HR decisions that drive real results.”

For more information about SilkRoad Connections, visit http://users.silkroad.com.

About SilkRoad

SilkRoad is a leading global provider of end-to-end HR solutions that enable customers to find, attract, develop, and retain the best talent.  The award-winning SilkRoad® Life Suite® solution set includes Talent Acquisition, Talent Development, Talent Portal, and HRMS solutions that are easy to deploy, easy to use, and affordable.  Powered by social, mobile, analytic, and cloud technology, it’s everything you need in one platform to engage your people and rapidly boost business performance.  Visit www.silkroad.com, follow them on Twitter @SilkRoadTweets or call 866-329-3363 (U.S. toll free) or +1-312-574-3700.

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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


SilkRoad technology Raises $40 Million…from SilkRoad

November 17, 2010

 

Intel Capital and Tenaya Capital Lead Investment Round

HRchitect featured SilkRoad in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

SilkRoad technology, inc., the creator of the popular Life Suite of web-based talent management solutions and leading provider of talent management solutions, announced today that it has closed on a $40 million equity round of capital.  The investment was led by new investors Intel Capital and Tenaya Capital and includes existing investors Foundation Capital, Azure Capital and SilkRoad Equity. 

Plans for the current round of capital include a significant expansion of SilkRoad’s worldwide direct sales and marketing efforts, strategic acquisitions and continued product development. 

“Having the right people in the right roles is the biggest advantage any company can have over its competition,” said Andrew “Flip” Filipowski, Chairman and CEO at SilkRoad technology.  “This funding allows us to continue to execute on SilkRoad’s mission of enabling organizations across the globe to hire, retain and make the most of their talent through outstanding talent management solutions.”

“Today’s enterprises are looking to agile cloud-based technologies to deliver significant business value and cost savings,” said Lisa Lambert, Vice President, Intel Capital. “SilkRoad’s suite of HR offerings melds the scalable advantages of software-as-a-service with talent management technologies to provide an integrated solution that enhances the ability of companies to attract and retain the very best talent.”

The funding announcement comes after SilkRoad recorded its best quarter in company history with a record number of new client signings and the announcement that Regis Corporation selected SilkRoad’s entire Life Suite™ to assist in managing its over 56,000 employees.  Since launching in 2003, SilkRoad has become a leading provide of talent management solutions with more than 1,500 customers worldwide, including 62 Fortune 500 companies.  The company currently services customers in more than 50 countries and reaches over 3 million users globally. 

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


SilkRoad technology Announces Q3 Results for 2010…from SilkRoad

October 18, 2010

 

Third Quarter Highlights Include Record Sales Growth and Strategic Partnerships

HRchitect featured SilkRoad in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

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

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

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

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

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

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

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

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

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

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


SilkRoad technology Selected as Winner for 2010 CODiE Awards…from SilkRoad

May 26, 2010

 

SilkRoad’s Life Suite Chosen as Best Human Capital Management Solution

HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009 where they were crowned the winner. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

SilkRoad technology, a leading provider of talent management solutions, announced recently its Life Suite has been selected as the winner of a prestigious CODiE Award for the “Best Human Capital Management Solution” by the Software & Information Industry Association (SIIA).

The Life Suite was reviewed by members of SIIA and voted on as the winner in the category. The announcement came at a special CODiE Awards luncheon held May 11th in conjunction with the All About the Cloud conference in San Francisco.

More than 785 nominations were submitted and narrowed down to 188 products for the finalists. Of the 188 finalists, 34 winners were announced. Nominated products underwent an intensive review by subject matter experts, analysts, journalists, and others with deep experience in the field.

“This CODiE win for the ‘Best Human Capital Management Solution’ is a great honor for SilkRoad,” said Andrew J. “Flip” Filipowski, CEO of SilkRoad technology. “It’s important to us to stay in front of the technology curve and provide our clients with the best solutions on the market. This honor is a great validation that we are doing exactly that.”

“This is the twenty-fifth year we have recognized excellence in the software, education and information industries through the CODiE Awards program,” noted Ken Wasch, President of SIIA. “In this economic climate, companies are doing even more to innovate. SilkRoad technology has demonstrated a commitment to innovation and quality that is reflected in their selection as a finalist for the CODiE Awards. I am pleased and proud to have them listed among the winners.”

A listing of winners is now available on the CODiE Awards Website at www.siia.net/CODiEs/2010/winners.asp#software

Originally called the “Excellence in Software Awards,” the CODiEs were established in 1986 by the Software Publishers Association (SPA), which preceded the Software & Information Industry Association (SIIA). The program was created so that pioneers of the then-nascent software industry could evaluate and honor each other’s work. Since then, the CODiE Awards program has carried out the same purpose – to showcase the software and information industry’s finest products and services and to honor excellence in corporate achievement and philanthropic efforts.

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


SilkRoad technology Announces Q3 Results for 2009…from SilkRoad

October 17, 2009

 

Success driven by new product and continued adoption of Life Suite

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

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

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

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

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

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

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

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

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

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

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

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

 
Matt Lafata, HRchitect


SilkRoad technology Announces Q2 Results for 2009…from SilkRoad

July 30, 2009

 

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

SilkRoad technology, inc., a leading provider of talent management solutions, announced its second quarter earnings for 2009 marked the 24th consecutive period of sales growth for the company. Highlights from the quarter include several new strategic partnerships, continued industry recognition and customers purchasing multiple Life Suite solutions.

“Strategic partnerships help us to reach our goal of helping clients recruit and retain the best talent for their organizations. With partnerships such as the ones we have entered into this quarter, we are able to offer our customers a broader range of services, and often times reach a greater number of organizations,” said Andrew J. “Flip” Filipowski, Executive Chairman & CEO of SilkRoad technology.

In April, SilkRoad joined Jobfox in the introduction of ResumePal, the recruiting industry’s first universally accepted online employment application.  ResumePal works seamlessly with SilkRoad’s recruiting management system, OpenHire, and revolutionizes the way applicants and employers connect by eliminating time spent completing forms and allowing employers to get more accurate candidate information.  By completing a one-time online career profile, job seekers are able to apply at multiple companies by submitting with two clicks, instead of completing separate applications for each job listing.

Additionally, this quarter SilkRoad partnered with Simply Hired, the world’s largest job search engine and advertising recruitment network, allowing SilkRoad customers to even further expand their reach. Jobs indexed by Simply Hired through OpenHire will provide customers the ability to distribute and include their jobs in the organic listings on Simply Hired’s network of over 5000 new locations, including social networking sites such as Facebook, LinkedIn and Plaxo. The partnership allows SilkRoad customers to reach both active and passive job seekers in new and innovative ways.

New Q2 2009 OpenHire clients include: Applied Extrusion Technologies, Inc., Arista Care Health Services, and SWBC.  

SilkRoad also announced a partnership with Deltek, Inc., the top provider of enterprise applications software for project-focused businesses, in May. The partnership makes SilkRoad’s talent management solutions more accessible to the government contractor market and other project-based industries such as accounting and engineering.  The companies have long maintained a strong relationship but this partnership provides an even stronger integration between Deltek’s market leading HRIS solution Costpoint, and SilkRoad’s Life Suite. Among other benefits, these solutions will provide for a more efficient onboarding process, thus increasing day one readiness and maximizing employee productiveness in the shortest time possible.

In the second quarter SilkRoad received much industry recognition including: 

  • American Business Awards- SilkRoad was a finalist in “Customer Service Team of the Year” category in May for the American Business Awards.  The awards program annually honors companies and generates public recognition of the achievements and positive contributions of organizations and business people worldwide.
  • Network Products Guide- Network Product Guide honored SilkRoad with a 2009 Product Innovation Award.  The award recognizes vendors from around the world that are responsible for innovative and ground-breaking products bringing essential and incremental changes in all areas of information technology.
  • HROA Award- SilkRoad was a nominee for an HROA award for the “Customer Relationship of the Year” with client, Plante & Moran.  The 2009 HROA Awards theme was “Be Innovative,” honoring individuals and organizations who have exhibited a commitment to innovation within the HRO industry.
  • Tech 50- For the second year in a row SilkRoad was included as a 2009 Tech 50 winner by TechJournal South.  Tech 50 companies are recognized as the most innovative regional companies and are evaluated by technology innovation, management team, marketplace potential and success of execution.

Healthcare and health products continue to be a strong industry for new clients. Representative new healthcare clients signed in Q2 2009 include: Des Moines University- Ostepatic Medical Center, Greater Baltimore Medical Center, Comprehensive Health Services (CHS), McLeod Regional Medical Center, and Sport & Health Inc.

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

 
Matt Lafata, HRchitect


SilkRoad technology: Sponsored Report Highlights Use of Social Networking Tools…from SilkRoad

July 10, 2009

 

SilkRoad technology-Sponsored Report Highlights Reduced Training Costs, Greater New Hire Engagement Through Use of Social Networking Tools — Complimentary copy of report made possible in part by SilkRoad sponsorship

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

Organizations using blogs, wikis, internal social networks and other online collaboration tools throughout the talent management lifecycle demonstrated a 39 percent reduction in training costs while improving engagement and quality of hire by 33 percent according to a recent Aberdeen Group study sponsored in part by SilkRoad technology, inc., the leading provider of talent management solutions. The study, “HR Executive’s Guide to Web 2.0: Cracking the Code for Talent Management” provides a roadmap to Web 2.0 tools and examines how leading organizations achieve success by using social networking technologies throughout the talent management lifecycle.

Aberdeen interviewed well over 500 organizations for the study and found organizations utilizing Web 2.0 tools were twice as likely to achieve Aberdeen’s Best-in-Class designation. The report found 55 percent of all organizations that achieved the Best-in-Class designation utilized Web 2.0 tools to facilitate knowledge transfer and 36 percent used the tools to connect employees with colleagues within the organization. Social networking strategies used include company forums, employee communities, enterprise social networking, and employee profile pages.

“Organizations utilizing key social networking tools internally, such as employee forums/discussion groups and internal employee communities achieved a 37% year-over-year improvement in engagement – over three times the improvement seen by organizations not utilizing these technologies,” said Mollie Lombardi, research analyst, human capital management at Aberdeen and co-author of the report.

A complimentary copy of the Aberdeen report has been made available in part by SilkRoad at: http://www.aberdeen.com/link/sponsor.asp?cid=6070.

“This report proves that keeping talent engaged, from their first encounter with the company through training and beyond, can significantly impact the quality of hires. It also can dramatically reduce training costs,” said SilkRoad technology CEO, Andrew J. “Flip” Filipowski. “We always welcome the opportunity to participate in a study with Aberdeen and help make valuable information available to other organizations, allowing them to better recruit and retain the best employees for their teams.”

SilkRoad provides its clients – which include 62 of the Fortune 500 group of companies – with comprehensive talent management solutions. These integrated solutions manage the entire employee life cycle, cutting millions of dollars in human resources costs. With its award-winning Life Suite™, SilkRoad assists companies to attract best-fit talent, manage onboarding & employee transitions, maximize employee performance, provide a centralized learning management system, and deliver accurate information with employee intranets and content management systems.

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

 
Matt Lafata, HRchitect


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