viaPeople Helps Clients Realize Financial Success By Measuring Human Capital
viaPeople, a human asset management consulting and software company, is combining Industrial Organizational Psychology with advanced technology to enable their customers to manage the human asset with the same accuracy they would their financial assets.
PRINCETON, NJ (PRWEB) March 29, 2004 --viaPeople, a human asset management consulting and software company, is combining Industrial Organizational Psychology with advanced technology to enable their customers to manage the human asset with the same accuracy they would their financial assets.
Though technology has permeated almost every aspect of the business world, there are still huge opportunities to leverage technology in the area of Human Resources," says Jim Perry, viaPeople CEO. And while most companies have made significant investments in their HRIS systems over the past ten years, they still remain largely dissatisfied with the performance of those systems beyond the transaction based aspects of Human Resources," adds Perry. By combining those transaction-based systems with our sophisticated assessment technology viaPeople offers the time and cost efficiency of online implementation, the flexibility to customize to a customers individual/internal language, and the domain knowledge to help clients measure and improve the return on their investment in human capital."
Perry also sees companies seeking to measure the value of their people in tangible terms. Over the past 20 years, business has increasingly recognized that the human asset within their companies is critical to their success, but until now they have not had the science and technology to manage this asset well," comments Perry. Especially in todays climate of tight cost management, its imperative for companies to understand the financial contribution each employee makes to the bottom line. Too few companies have the business tools necessary to properly manage this critical asset. Our proprietary Performance Analysis software connects human performance with financial results to easily determine the profile of those employees who contribute top results."
Through an intensive process of Web-based 360 and individual performance evaluation, viaPeoples team of PhD consultants builds behavioral profiles. This comprehensive analysis outlines the characteristics of top performers, so companies may identify, hire and retain the highest potential employees. By correlating performance data with financial data, were able to concretely demonstrate how the right hiring, performance evaluation and training contribute to greater revenue for our clients." offers Leah Groehler, PhD, viaPeoples Vice President of Consulting.
With increasing expectations from Shareholders and Boards to deliver value, CEOs and CFOs are under tremendous pressure to get the highest return from every asset. viaPeople recognizes that the success or failure of a company is more heavily reliant on the human asset than any other single factor and is enabling progressive companies to correlate human performance with financial results. This approach has already generated unprecedented revenue growth and reduced costs, and most importantly competitive advantage.
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