Liberty Corner, NJ (PRWEB) January 11, 2007
People Business Network, Inc. (PBN), the leading provider of on-demand Human Capital Analytics and Decision Support solutions for talent management, today announced that Version 1.0 of the long-awaited Workforce Monitor™ software service has been released to the general public. The Workforce Monitor™ is the first on-demand analytics and monitoring solution that exclusively focuses on helping HR departments tackle real-world problems that relate to human capital investments and processes including workforce realignments caused by M&A's and outsourcing, monitoring of key financial and compliance metrics, and workforce planning. The service is being sold as a bundle with PBN's Decision Manager™ service or can be purchased independently to support a wider variety of industry analytics and reporting needs.
"The Workforce Monitor™ is highly differentiated from other business intelligence and dashboard tools that are out in the market place today. We took a fundamentally different approach when developing our strategy for the solution - we focused on the needs of our business user community first, including HR, Finance and Compliance, then built best-in-class solution frameworks that could address these needs quickly, allowing business users to focus on solving real-world business problems instead of worrying about where and how the data should be sourced and organized. Other solutions, although very robust in their analytical functionality are built for IT and Analytics experts not HR leaders or Compliance officers for example. By leveraging existing data warehouses or transactional systems, and applying our Solution Frameworks we can quickly help business users to deliver and recognize value," says Michael Meyerkopf, Product Strategist at PBN.
PBN has been, and will continue to work with clients and industry experts to develop best-in-class solution frameworks that are integrated into the Workforce Monitor™, applied to our clients data, and delivered through a sophisticated, but business user friendly analytics dashboard. Some of these solution frameworks include: Employee Attrition, Diversity, Span-of-Control, Salary and Performance Analysis, Retirement Planning, and Customer Service Performance, Hiring Analysis as well as other general libraries that contain over 100 reusable workforce composition, compliance and financial reporting metrics. The Workforce Monitor™ also provides sophisticated dashboard features such as the ability to share frameworks with colleagues, set alerts and thresholds, create context based reporting and personalization.
"Our sophisticated group of global 1000 clients is demanding more information and visibility into their human capital investments as they recognize the need to link their talent strategies to business performance. PBN's Workforce Monitor™ is built from the ground-up to meet this demand and will create tremendous value for large and small companies who are just beginning to analyze data from their recruiting, compensation, performance, and separation management systems to deliver better, more strategic workforce planning capabilities," says Chirag Patel, President and CEO of PBN.
To learn more about the Workforce Monitor™ or other PBN solutions contact your local sales representative at 908-604-2282 or visit http://www.peoplebusinessnetwork.com/htm/workforce_monitor.htm
About People Business Network
People Business Network, Inc., headquartered in Liberty Corner, NJ, specializes in the on-demand workforce management solutions market. PBN delivers innovative on-demand Human Capital Analytics and Decision Support software services that help companies make critical talent retention, redeployment and separation decisions, as well as support their real-time workforce analysis needs. PBN's list of Fortune 500 clients use these solutions to support their Talent Management strategies, manage the risk of workforce events caused by M&A's and restructurings, and create transparency into key compliance, financial and talent metrics.
People Business Network and the People Business Network logo are registered trademarks of People Business Network, Inc. All other company and product names may be trademarks of their respective owners.
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