June 20, 2002

Recruitsoft Enterprise Staffing Solution Version 5.1 Introduces Premier Staffing Agency Portal and Expanded Global Capabilities

Version 5.1 expands HRIS integration and global capabilities and provides additional Best Practice Workflows and functionality to support Human Resources client business objectives

San Francisco, CA – June 20, 2002

Recruitsoft, Inc., the leading provider of enterprise staffing management solutions for Global 1000 organizations, announced today Version 5.1 of its Enterprise Staffing Solution. Recruitsoft is at work in more than 60 countries for more than 35,000 users, helping large organizations engineer consistent staffing processes to increase hire quality and reduce costs, leading to enterprise productivity improvements. Recruitsoft’s comprehensive services methodology and toolkits deliver ACE™ Staffing Best Practices through a fully configurable, workflow-enabled suite of software applications that support every aspect of the staffing supply chain, from requisition management, sourcing, resume management, searching and pre-screening to retention, enabling true e-headhunting and optimal staffing management.

In January of 2002, Recruitsoft introduced a new paradigm in enterprise staffing management with the launch of Recruitsoft 5 with Configurable Workflow. Recruitsoft 5 enables multinational corporations to configure enterprise-staffing workflows to meet global staffing needs, from such macro factors as country, region, company and division, to such micro factors as individual job type. With the introduction of Recruitsoft Enterprise Staffing Management Version 5.1, Recruitsoft further integrates the staffing supply chain by providing an agency portal for recruiters and hiring managers to share, source and track specific job requisitions with selected agencies. This, in turn, allows organizations to: better manage agency sources, expand global talent pools and control costs associated with agency usage. Recruitsoft skills-based staffing management solutions, pioneered in 1999, bridge demand and supply by using job-specific skills to match people with jobs.

Speaking about Recruitsoft’s skills-based approach, Honeywell Staffing Systems Analyst Lisa Arnold said, “As employees garner new skills and have new employment interests, Recruitsoft solutions enable processes to help them to be considered for other positions within our organization—and this will have a positive impact on retention.”

Recruitsoft Version 5.1 also provides expanded staffing management and HRIS integration capabilities such as cost center management as well as additional global features such as enhanced localization and 10 Best Practice Workflows to meet customers’ global business objectives. Additionally, Recruitsoft’s open architecture allows for the support of additional languages to meet the internationalization needs of its customers; currently, Recruitsoft solutions are available in 10 languages, including: Chinese, Japanese, Dutch, Italian, Spanish, German, English, UK English, French and Canadian French.

Recruitsoft Chief Operating Officer Guy Gauvin said, “The staffing process is becoming increasingly self-service to capitalize on available efficiencies. Recruitsoft takes a supply-chain approach to the business process of optimizing talent flow throughout the organization, and we are pleased to introduce the staffing agency portal, as well as further advanced workflows to support global objectives.”

He continues, “Our clients require global solutions to fulfill worldwide staffing needs. Recruitsoft’s R&D team, comprised of nearly 150 professionals, understands the challenges of multinational companies conducting business around the world. ” He added, “Recruitsoft 5.1 satisfies the ever-changing needs of Global 1000 corporations by effecting quality and systematic staffing management processes in real-time.”

The Recruitsoft Enterprise Staffing Solution delivers services and technology to manage enterprise staffing and optimize the flow of talent throughout an organization. Recruitsoft Enterprise Staffing Solution helps large organizations to: find highly qualified candidates faster; better assign people to jobs; increase return on human assets; optimize the use of resources; shorten the overall time to contribution; increase retention of the best and brightest contributors, enterprise-wide; and importantly, improve overall performance from the hired workforce, resulting in increased productivity.

About Recruitsoft
Recruitsoft powers enterprise-wide staffing management for leading companies across many industries including Honeywell, Hewlett-Packard, Dow Chemical (NYSE: DOW), Procter & Gamble, Thomson, Agilent Technologies, The Gillette Company, Deloitte & Touche, Bombardier, UnitedHealth Group, among many others. Recruitsoft’s full-service offering includes the software, services and computing infrastructure to enable large corporations to rapidly improve staffing processes and generate significant ROI.

Press Contacts:
Krista Canfield
Tel: 415.905.4011
e-mail: kcanfield@horngroup.com


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