Infohrm Releases New Workforce Planning Application to Quantify the Financial Cost of Future Talent Decisions

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“What-If?” Financial Modeling Capabilities Demonstrate Bottom-Line Impact of Human Capital Investments

financial models increase the power of workforce planning by demonstrating how different talent management scenarios will materially impact the entire organization.

Infohrm, the global leader in workforce planning, reporting, and analysis solutions today announced the release of its “What-If?” financial modeling application for workforce planning.

For the first time, organizations will be able to quantify the implications of various talent management scenarios, comparing the true business impact of employee hiring, development, and retention decisions. Equipped with the new application, Human Resources professionals can now create workforce models and strategic plans with the same analytical power as Finance and Operations.

“The market demands a workforce planning application that can integrate with financial and strategic planning cycles,” said Brian Kelly, Infohrm’s President of North America. “Infohrm’s “What-If?” financial models increase the power of workforce planning by demonstrating how different talent management scenarios will materially impact the entire organization.”

In addition to the “What-If?” functionality, Infohrm’s workforce planning application now offers integrated external labor force supply and salary data, such as that provided by the Bureau of Labor Statistics, the ability to view forecasts by business unit or job family, and competency- or FTE-based workforce plans. The entire process is fully automated, enabling rapid deployment and ease-of-use.

Download a copy of the Infohrm "What-If?" Financial Modeling brochure.

The application’s initial release will be at the Infohrm Workforce Planning Summit to be held at the JW Marriott Las Vegas Resort & Spa on May 19-20, 2008. The event will demonstrate proven methods of workforce planning and highlight how workforce planning should integrate with financial and strategic planning processes. Confirmed speakers include Google, Microsoft, Safeco Insurance, Ameriprise Financial, Starbucks, Freddie Mac, Greater Baltimore Medical Center, and The Williams Companies.

About the Infohrm Workforce Planning Program:

Infohrm’s membership program provides the methodology, tools, training, advice, coaching, and technology to support your in-house workforce planning function. Infohrm manages the extraction of workforce data from your HRIS to deliver a state-of-the art, user friendly, web-based interface that facilitates workforce planning forecasts and gap identification. Leveraging Infohrm’s consulting and training services ensures that HR professionals are fully equipped to design and deliver workforce plans to audiences across the organization.

Infohrm’s Advanced Workforce Planning. Delivered. Today.

About Infohrm:
Infohrm is the global leader in on-demand workforce planning, reporting, and human capital analytics solutions. With over 25 years of experience, and a strong customer base consisting of Fortune 1000, non-profit, and government clients, Infohrm has paved the way for organizations to measure the impact of human capital initiatives and drive business results. The Infohrm solutions couple a leading edge on-demand technology platform with strategic consulting and workforce planning workshops to focus on the analysis of data to help organizations make informed decisions around human capital practices.

In April 2008, Gartner named Infohrm to its “Cool Vendors for Human Capital Management Software” report.

Learn more at http://www.infohrm.com

Contact Information:
Mick Collins
Director of Marketing
202-589-2679

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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Mick Collins
Infohrm
202-589-2679
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