SSA Global (NASDAQ: SSAG), a leading global provider of extended enterprise solutions and services, today announced the general availability of SSA Human Capital Management (HCM) 2.0, a comprehensive solution that enables companies to reduce costs and improve workforce productivity.
With SSA HCM 2.0, companies are now able to better connect managers and employees in real time through strategic self service and talent management capabilities, in addition to providing enhanced functionality for automating core administrative processes such as benefits and payroll.
The solution is integrated with core SSA Global enterprise resource planning (ERP) and extension solutions such as SSA Corporate Performance Management (CPM), SSA Financial Management, SSA Portal and SSA Workflow. Built on open standards, including J2EE and XML, SSA HCM 2.0 can be deployed on multiple platforms including UNIX, IBM and Microsoft Windows operating systems.
Workforce-related costs can contribute up to 60% of a companys total expenditures, so executives have a powerful incentive to make their human resources as efficient as possible, said Cory A. Eaves, chief technology officer, SSA Global. With SSA HCM 2.0, weve combined both transactional and strategic human resources functionality with integration to our flagship enterprise and extensions solutions so our customers can align their human capital management initiatives with their overall business strategy.
SSA Globals capabilities in human capital management have been enhanced by the recent acquisition of Boniva Software, Inc, a provider of e-learning, skills management and performance management applications. By integrating Bonivas talent management portfolio into SSA HCM 2.0, SSA Global will help its customers enhance their processes for learning management, competency and skills assessment, and employee performance management.
Writing in the June 2005 report, Talent Management Application Suites Can Enhance Workforce Effectiveness, James Holincheck, vice president, research, Gartner, Inc., said, Most large companies have implemented an integrated set of administrative human capital management applications. Now, these companies are turning their attention to strategic talent management applications to get more value from their investments in people.