Perfectsoftware adds performance management to human capital management suite

Norwalk, CT – December 9, 2009 – PerfectSoftware, a leading provider of human resource, payroll and talent management software, announced today the addition of Performance Management to its Perfect Human Capital Management (HCM) solution suite. The Performance Management Software module helps companies drive business growth by identifying high-performing employees, tracking performance competencies and deficiencies, improving goal alignment and streamlining the review process.

Completely integrated to Perfect HCM and accessible via single-sign on, Performance Management further extends the talent management capabilities of the Perfect HCM Suite, providing an all-in-one, strategic HR solution for mid-sized companies. “Performance Management was the next logical addition to our platform because of its great strategic value to companies. Our clients can now replace what was formerly a manual, paper-intensive process with an automated solution that improves productivity and helps them build human capital into a competitive advantage”, notes Richard Allaway, Chief Operating Officer, PerfectSoftware.

“With this solution, companies can produce meaningful employee evaluations that allow them to reward results instead of activities or behaviors.”

As part of the Perfect HCM Suite, Performance Management is web-based and features a highly intuitive user interface, flexible configuration, self-authored review forms, automated notifications and approval workflows. The solution can support traditional or 360 multi-rater reviews. Delivered as Software-as-a-Service (SaaS), the solution requires no expensive hardware or software investment to use. Software updates are administered remotely by PerfectSoftware, so no in-house technical personnel are needed to manage the application. The Performance Management module can be implemented easily, so new and existing clients can quickly capitalize on the benefits. Adds Allaway,

“We strive to provide solutions that help our clients ultimately achieve greater success. Growing a high-performance workforce through Performance Management is central to that objective.”

About Perfect Software
Founded in 1984, PerfectSoftware is a leading provider of comprehensive and flexible software to manage a company’s most valuable asset — human capital. Delivered as a software-as-a-service (SaaS) or on premise solution, its software allows companies to make informed decisions about their business based on real-time information. The company’s software solutions span the entire employee lifecycle and include Human Resource Information System (HRIS), Applicant Tracking, Payroll, Performance Management, Time & Attendance, Benefit Election & Enrollment, Salary Planning & Administration, Position Control, Alerts, Employee Self Service, COBRA Management and Ad Hoc Reporting.
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