DoubleStar Unveils Workforce Insight Suite
CHICAGO Oct. 19, 2005 Today at the 8th annual HR Technology Conference & Expo, DoubleStar, Inc., a leading provider of workforce analytics, unveiled its next generation product suite Workforce Insight. Comprised of five analytic modules, Workforce Insight is the industrys first complete business intelligence solution developed specifically for HR that provides the flexibility to address diverse industry and technology needs while giving organizations the most relevant information to tie human capital to business results and demonstrate a true impact on the enterprise. Built on DoubleStars market-leading technology platform, the new suite delivers logically organized metrics and analytics for Workforce, Staffing, Compensation, Talent and Development, and Enterprise Performance.
Leveraging more than three years of proven experience in the HR business intelligence space, DoubleStar designed its new Workforce Insight suite using a three-tier workforce intelligence model. The only vendor in the industry to adopt this unique model, it delivers the three key components of workforce intelligence operational reporting, HR metrics, and valuable business insight enabling organizations to produce accurate operational reporting about their workforce, utilize metrics based on best practices to measure and monitor HR performance, and align human capital objectives with overall company goals for increased business performance.
"The majority of organizations today do not have the correct metrics, measurements and tools in place to successfully measure or manage their workforce, let alone the information needed to map their HR organization's HCM goals to the overall corporate goals," said Debbie McGrath, President of HR.com, the largest research and Web destination for HR Executives. "Organizations that are placing workforce analytics on their "must have" list of future technology strategies will undoubtedly gain an advantage over their competitors as they move forward with the transformation to obtain
true workforce intelligence. DoubleStar's Workforce Insight suite will offer these organizations the tools needed to have critical insight into their workforce -- from running a simple headcount report to much more strategic initiatives such as driving organizational performance."
The DoubleStar Workforce Insight modules enable organizations to consolidate, organize and deliver information about key areas of HR. The five modules focus on the following processes:
Workforce Provides HR practitioners with the ability to report on any captured workforce information in a timely and efficient manner. As the single gold standard source of workforce data, the module increases the credibility and integrity of the information provided by HR to the enterprise.
Staffing Provides organizations with information related to their recruiting and hiring processes, employee retention and turnover, contingent workforce, quality of hire, impact of a hire on the sales organization, and costs associated with the loss of employee.
Compensation Offers insight into total pay per organization, benefits and recent changes in benefits, and the impact of compensation on workforce behavior.
Talent & Development Provides HR with information around competency development, succession planning, learning management, leadership, the impact of training on business results and workforce performance tied to business performance.
Enterprise Performance Correlates critical information about revenue, profit, and productivity by workforce, human capital investment by workforce, and human capital ROI. The solution also enables organizations to take action based on information, resulting in an impact on business performance.
As customers and market needs have become increasingly more sophisticated, it was critical for us to advance our solution and completely address the measurement challenges HR faces today. The Workforce Insight suite is a natural evolution for us because it leverages our proven experience and the best practices we have gained in working with large enterprises to design and deploy workforce intelligence solutions. said Brian Kelly, Managing Director at DoubleStar, Inc. We are excited to be the first to market with a complete and highly adaptable solution that can support an organizations complex HR environment landscape and provide individuals from the CEO down to the line manager with direct access to the most relevant information they need to manage and monitor workforce performance and drive human capital management objectives.
DoubleStar is one of 180 companies exhibiting at the HR Technology Conference & Expo, the worlds leading business conference on technology for HR executives. Visit DoubleStar at booth # 326.
About HR Technology
Sponsored by Human Resource Executive, HR Technology Conference & Expo features more than 40 sessions in program tracks ranging from Recruiting and Performance Management, to HR Outsourcing. The event is the worlds largest conference and exposition devoted to the use of all aspects of technology in human resources. This year, 50 of the 58 presenters are VP level or higher, including 23 CEOs, from world leading companies and will speak on the topics organizations need to know about, with their focus firmly on how to gain business benefits from technology.
For more information visit www.HRTechnologyConference.com
About DoubleStar, Inc.
Based in West Chester, Pennsylvania, DoubleStar, Inc. is a leading provider of workforce analytics solutions. A two-time Inc. 500 consulting services firm, DoubleStar specializes in delivering solutions that synthesize information from disparate enterprise information repositories to provide organizations with analytical insight into their companys business performance. Building on more than a decade of data warehousing and business intelligence consulting success, DoubleStar offers a full range of strategic, implementation, and support services to clients in a variety of industries. The companys commitment to client satisfaction has been demonstrated in more than 500 consulting engagements resulting in a 94 percent repeat business rate.
For more information visit http://insight.doublestarinc.com
# # #
DoubleStar, Inc. and Workforce Insight are registered trademarks of DoubleStar. All other company and product names may be trademarks of their respective owners.
Media Contacts:
Megan Gates
Knowledge Infusion, Strategic Vendor Services
(925) 577-8685
Frances Moscoe
DoubleStar, Inc.
(484) 356-2478
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
Leveraging more than three years of proven experience in the HR business intelligence space, DoubleStar designed its new Workforce Insight suite using a three-tier workforce intelligence model. The only vendor in the industry to adopt this unique model, it delivers the three key components of workforce intelligence operational reporting, HR metrics, and valuable business insight enabling organizations to produce accurate operational reporting about their workforce, utilize metrics based on best practices to measure and monitor HR performance, and align human capital objectives with overall company goals for increased business performance.
"The majority of organizations today do not have the correct metrics, measurements and tools in place to successfully measure or manage their workforce, let alone the information needed to map their HR organization's HCM goals to the overall corporate goals," said Debbie McGrath, President of HR.com, the largest research and Web destination for HR Executives. "Organizations that are placing workforce analytics on their "must have" list of future technology strategies will undoubtedly gain an advantage over their competitors as they move forward with the transformation to obtain
true workforce intelligence. DoubleStar's Workforce Insight suite will offer these organizations the tools needed to have critical insight into their workforce -- from running a simple headcount report to much more strategic initiatives such as driving organizational performance."
The DoubleStar Workforce Insight modules enable organizations to consolidate, organize and deliver information about key areas of HR. The five modules focus on the following processes:
Workforce Provides HR practitioners with the ability to report on any captured workforce information in a timely and efficient manner. As the single gold standard source of workforce data, the module increases the credibility and integrity of the information provided by HR to the enterprise.
Staffing Provides organizations with information related to their recruiting and hiring processes, employee retention and turnover, contingent workforce, quality of hire, impact of a hire on the sales organization, and costs associated with the loss of employee.
Compensation Offers insight into total pay per organization, benefits and recent changes in benefits, and the impact of compensation on workforce behavior.
Talent & Development Provides HR with information around competency development, succession planning, learning management, leadership, the impact of training on business results and workforce performance tied to business performance.
Enterprise Performance Correlates critical information about revenue, profit, and productivity by workforce, human capital investment by workforce, and human capital ROI. The solution also enables organizations to take action based on information, resulting in an impact on business performance.
As customers and market needs have become increasingly more sophisticated, it was critical for us to advance our solution and completely address the measurement challenges HR faces today. The Workforce Insight suite is a natural evolution for us because it leverages our proven experience and the best practices we have gained in working with large enterprises to design and deploy workforce intelligence solutions. said Brian Kelly, Managing Director at DoubleStar, Inc. We are excited to be the first to market with a complete and highly adaptable solution that can support an organizations complex HR environment landscape and provide individuals from the CEO down to the line manager with direct access to the most relevant information they need to manage and monitor workforce performance and drive human capital management objectives.
DoubleStar is one of 180 companies exhibiting at the HR Technology Conference & Expo, the worlds leading business conference on technology for HR executives. Visit DoubleStar at booth # 326.
About HR Technology
Sponsored by Human Resource Executive, HR Technology Conference & Expo features more than 40 sessions in program tracks ranging from Recruiting and Performance Management, to HR Outsourcing. The event is the worlds largest conference and exposition devoted to the use of all aspects of technology in human resources. This year, 50 of the 58 presenters are VP level or higher, including 23 CEOs, from world leading companies and will speak on the topics organizations need to know about, with their focus firmly on how to gain business benefits from technology.
For more information visit www.HRTechnologyConference.com
About DoubleStar, Inc.
Based in West Chester, Pennsylvania, DoubleStar, Inc. is a leading provider of workforce analytics solutions. A two-time Inc. 500 consulting services firm, DoubleStar specializes in delivering solutions that synthesize information from disparate enterprise information repositories to provide organizations with analytical insight into their companys business performance. Building on more than a decade of data warehousing and business intelligence consulting success, DoubleStar offers a full range of strategic, implementation, and support services to clients in a variety of industries. The companys commitment to client satisfaction has been demonstrated in more than 500 consulting engagements resulting in a 94 percent repeat business rate.
For more information visit http://insight.doublestarinc.com
# # #
DoubleStar, Inc. and Workforce Insight are registered trademarks of DoubleStar. All other company and product names may be trademarks of their respective owners.
Media Contacts:
Megan Gates
Knowledge Infusion, Strategic Vendor Services
(925) 577-8685
Frances Moscoe
DoubleStar, Inc.
(484) 356-2478
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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