Spectrum's iVantage 3.6 Succeeds to the Next Level; New Version Will Offer Succession Planning

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Skills shortage, staff shortage, talent shortage, baby boomer bust -- call it what you want. Who will replace current business leaders when this brilliant workforce retires? Spectrum is helping businesses address this latest demand by offering a Succession Planning module with its latest release, iVantage 3.6. This latest release also includes new and enhanced product functionality.

Spectrum Human Resource Systems Corp., a leading provider of best-of-breed HR systems, plans to release the next version of iVantage®, a web-based Human Resource Information System (HRIS), on June 25, 2006 at the Society for Human Resource Management Conference in Washington, D.C. iVantage 3.6 will include additional product functionality and a succession planning module.

The succession planning module will allow staff to review position requirements in iVantage Connect™ (employee self-service), nominate themselves for a position, run a gap analysis, set goals, identify training needs, and track their progress. Additionally, managers can nominate employees for jobs and review and analyze gaps in employee development. iVantage Succession Planning also will include several goal and nomination reports.

“In the increasingly tight labor market for talented individuals, competency and knowledge management are key to talent assurance initiatives,” says Jim Spoor, Spectrum’s president and CEO. “The 3.6 release incorporates a competency centric approach… and assesses the preparedness of employees.”

The new functionality in the base product includes additional performance review capabilities, electronic signatures, applicant enhancements, and international features. iVantage 3.6 will also feature a total compensation report. Additional enhancements have also been made to the training and development module.

“This major release of iVantage reflects Spectrum’s in-depth understanding of the changing needs and expectations that strategically focused HR professionals face today,” says Spoor. “The release addresses total compensation, data security and integrity issues, and the HR related compliance issues of Sarbanes Oxley and other evolving compliance reporting and process review requirements.”

Spectrum launched the first version of iVantage, a completely web native HRIS, in 1999 and has since added additional product functionality and modules. These product enhancements meet the growing needs of human resources and clients.

For a complete list of iVantage’s product features and functionality or to learn more about Spectrum’s HRIS contact Sybll Romley at 800-477-3287.

About SPECTRUM Human Resource Systems Corp.

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 at 800-334-5660.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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