SuccessFactors Announces First Calibration Application for the Enterprise
NEW YORK, May 10 /PRNewswire-FirstCall/ — Today, at SuccessConnect 2010, SuccessFactors, Inc. (Nasdaq: SFSF) announced SuccessFactors Calibration, the industry’s first solution for streamlining and simplifying the calibration process at enterprises for improved business results through more impactful talent initiatives.
An integrated solution in SuccessFactors Business Execution Software suite (BizX), SuccessFactors Calibration is the only application that transforms calibration into a smooth and efficient process that empowers executives to make critical talent decisions based on credible and objective ratings. It boosts the effectiveness of key talent initiatives such as compensation management, succession planning and employee development in motivating employees to perform at maximum full potential and execute on strategy flawlessly.
SuccessFactors Calibration brings together key data like performance ratings, pay and employee profile information from the rest of the SuccessFactors suite so executives, managers and human resources leaders can run more effective calibration sessions. It enables companies to:
- Motivate employees and boost productivity through objective reviews;
- Reduce turnover costs and wage inflation by rewarding the right people;
- Drastically reduce the time and effort spent on calibration;
- Meet performance distribution curve guidelines easily.
Siemens AG will be the first SuccessFactors customer to use Calibration for its entire workforce of 420,000 employees – one of the largest enterprise cloud implementations globally, across 80 countries.
“Calibration is a critical process for many of our large enterprise customers and creating a solution that would help them do this accurately and efficiently was an important priority,” said Dmitri Krakovsky, vice president of global product management, SuccessFactors. “Our customers invest in talent initiatives to manage their people strategically and drive business results, and it is essential that they get the most out of these by fueling them with objective ratings. This is just another great example of how Business Execution, with deep integration across the SuccessFactors suite, helps companies drive success and make these once tedious processes now very streamlined, efficient and more effective.”
SuccessFactors Calibration features include:
- Visual Comparison Of Employees: View ratings and pay distributions in bin and grid views; visually compare employees;
- Intuitive Dashboards: Use easy-to-read graphs, views and filters to make sense of calibration goals and status;
- GUI-driven Calibration: Drag-and-drop to view and adjust all employee data; automatically finalize in source modules;
- Easy Setup and Self-admin: Setup calibration and manage security through simple clicks; select people involved in calibration right out of an org chart.
SuccessFactors Calibration is expected to be generally available on May 24, 2010.
Note: All product features and delivery dates mentioned represent current product development expectations only and not a delivery commitment. These features may not be delivered in the indicated time frame or at all. Customers should base their purchasing, administrative, and configuration decisions solely on functionality that is currently available.
About SuccessConnect 2010
With the driving forces of people performance and business alignment, SuccessConnect 2010 explores how the SuccessFactors Business Execution Suite can be best leveraged across all organizations to accelerate business execution and achieve real business results. SuccessConnect assembles SuccessFactors customers and partners, as well as industry analysts and thought leaders, to share experiences and discuss how to get the most out of SuccessFactors. SuccessConnect takes place in New York on May 10-11 and San Francisco on May 17-18 and will feature keynotes from EMC Corporation and Coca-Cola Enterprises, Inc.
About SuccessFactors, Inc.
SuccessFactors (Nasdaq: SFSF) is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes, anywhere in the world. More than 8 million users and 3,000 companies leverage SuccessFactors every day. To learn more, visit: http://www.successfactors.com/.
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SOURCE SuccessFactors, Inc.