This release of iVantage® reflects how SPECTRUM encompasses the changing HR needs and expectations with technology
Denver, CO (PRWEB) August 8, 2007
SPECTRUM Human Resource Systems Corporation announces that the latest release of its human resource software will include 360° Performance Reviews. Multi-source feedback is known to be broader in scope and more balanced than single-source, and thus invaluable for the perspective it gives employees. By incorporating this functionality into an organization’s HRIS, HR can save a substantial amount of time on the administrative tasks associated with performance reviews.
"This release of iVantage® reflects how SPECTRUM encompasses the changing HR needs and expectations with technology," comments Sybll Romley, president and CEO of SPECTRUM. "Our goal is to help HR professionals shift their energy from administrative tasks to strategic development and planning."
By integrating 360° Performance Reviews into a complete HR system, organizations can decrease the amount of time HR spends on administrative tasks related to reviews. Using the self-service feature, the reviews can be administered effortlessly. All those participating in the review can receive automatic reminders that they need to complete the process; and the submitted results can be routed electronically for approval. The employee being reviewed is able to view anonymous responses after their manager has reviewed and edited the responses.
"The 360° feedback is a great enrichment to iVantage and its ability to integrate all aspects of HR. The extensive reporting features can show where the process is and compile and analyze the process as a whole, in groups or by individuals," states Lori Ericson, vice president of Development. "iVantage gives HR a full picture of an employee and their career path."
Other new features in iVantage 4.1 include:
- Enhanced timesheets functionality
- Enhanced self-service features and functionality, including the ability for employees to view pay stubs and update federal and state tax withholding
- Employees can view and modify direct deposit options with the changes automatically made through the payroll provider interface
For more information about iVantage 4.1, please contact SPECTRUM at 800-477-3287 or visit our website at http://www.spectrumhr.com.
About SPECTRUM Human Resource Systems Corporation:
SPECTRUM is a leading provider of high functionality HR and workforce management software. As an integrated system and service provider, SPECTRUM delivers a complete range of product-related services including HR system planning, implementation, training, customization, data conversion, and consulting. Among the many accolades SPECTRUM has received over the years, the company was recently named one of the Top 5 Denver-Area Software Developers by Denver Business Journal and received a CODiE award for the Best Human Resource Solution. SPECTRUM can be reached at 800-477-3287 or at http://www.spectrumhr.com.
iVantage® is a fully functional web–based human resource information system. Integrated core functionality covers all HR areas, including compensation planning, employee development, benefits administration, attendance, and performance management—all with routing and alert capability. Robust reporting tools include over 250 parameterized reports, metric–style reports, natural language query, and OLAP analysis. The HRIS is available for use with Microsoft® SQL Server 2005 or 2000.
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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