Using an HRIS like Spectrum’s iVantage® can translate to Best–in–Class
Aberdeen research shows that Best–in–Class companies overwhelmingly favor using a fully integrated HR system
Denver, Colo.—Jan. 17, 2008—Recent research suggests that using a fully integrated HR system to streamline and improve overall operations can help companies become leaders in their respective industries.
A new report by the Aberdeen Group, a Harte–Hanks company (NYSE:HHS), found that the companies polled were nearly two and a half times more likely to achieve Best–in–Class status, based on Aberdeen’s criteria, if they used a fully integrated system for human capital management (HCM).
Aberdeen HCM Research Director Kevin Martin said that Best–in–Class companies tend to want fully integrated HR systems with as much functionality as possible, which they can use to incorporate HR into company strategy.
“To increase the productivity of the workforce and supportive HR processes, as well as adapt quickly to market changes, Best–in–Class organizations seek to ensure that the efforts and output of human capital are aligned with the company’s overall objectives,” said Martin.
Spectrum Human Resource Systems Corp. President and CEO Sybll Romley said she wasn’t surprised by Aberdeen’s findings. Rather, she has long held the belief that integrated HR systems can improve companies’ overall processes and lower their bottom line—something that is especially true today with recent system advances.
“With an HRIS, particularly the ones out today, companies can improve the overall efficiency, productivity and satisfaction of their people,” said Romley. “At the same time, companies can streamline processes and make HR a part of strategic planning.”
Romley said that core HR systems such as Spectrum’s iVantage® are helping companies improve performance, save money and keep employees longer. The iVantage product is a best–of–breed integrated HR tool that combines all HR functionality into a single system, something she says without doubt gives organizations a strategic advantage.
Aberdeen’s report examines how global companies are using HR systems and HCM strategies to improve workforce productivity and HR efficiency. The report includes recommendations for companies wishing to leverage HCM technology to improve overall performance.
To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/link/sponsor.asp?spid=30410948&cid=4196.
To learn more about Spectrum and its products, visit www.spectrumhr.com.
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About Spectrum Human Resource Systems Corporation
Spectrum, founded in 1984, is a leading provider of high functionality web and desktop–based HR and workforce–management software. As a full system and service provider, Spectrum delivers the full range of product–related services, including system planning, implementation, training, system customization, data conversion and system consulting. Spectrum, headquartered in Denver, Colo., can be reached toll–free at 800–477–3287.
About Aberdeen Group, a Harte–Hanks company
Aberdeen is a leading provider of fact–based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen™ for insights that drive decisions.
As a Harte–Hanks company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen’s analytical and independent view of the “customer optimization” process of Harte–Hanks (information–opportunity–insight–engagement–interaction) extends the client value and accentuates the strategic role Harte–Hanks brings to the market. For additional information, visit Aberdeen at www.aberdeen.com or call 617–723–7890, or to learn more about Harte–Hanks, call 800–456–9748 or go to www.harte–hanks.com.
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