PeopleFluent Named ‘Hot Vendor’ by Ventana Research
Ventana Ranks PeopleFluent Compensation Highest Among Competitors in Product Categories
PeopleFluent Named ‘Hot Vendor’ in Total Compensation Management
WALTHAM, Mass. — August 8, 2014 — PeopleFluent, a leading social human capital management technology company, today announced its compensation solution has been ranked highest among competitors in product-related categories by Ventana Research, a leading benchmark research and business technology advisory services firm. PeopleFluent Compensation ranked at or near the top in all seven of the Value Index’s evaluation categories.
“We congratulate PeopleFluent for its rating in the Value Index and for its high rating in the usability and adaptability categories,” said Stephan Millard, VP and Research Director of Human Capital Management, Ventana Research. “PeopleFluent’s version 11.4 Salary and Incentive products automate the total compensation management process and has provided innovation through its core compensation capabilities as well as next-generation capabilities including mobility, analytics and business collaboration.”
PeopleFluent was named a ‘Hot Vendor’ in the 2014 Ventana Research Value Index for Total Compensation Management. This is the top category for vendors in the index. The company’s compensation solution performed exceptionally well in all product-related categories which included Usability, Manageability, Reliability, Capability and Adaptability, as well as the customer assurance categories which included Vendor Validation/Total Cost of Ownership and Return on Investment. PeopleFluent was also named a ‘Hot Vendor’ in the same Ventana Research Value Index back in 2012, which was the last time the index was performed for compensation.
“We are extremely excited to be named a ‘Hot Vendor’ for total compensation management for 2014. Receiving such outstanding feedback and praise from a top research firm like Ventana really validates the strategy for our compensation solution and aligns with the feedback we have received from our clients,” said Tom Sykes, Director, Product Management, PeopleFluent. “We have recently had outstanding success with our compensation solution, particularly in empowering managers with the advanced reporting and analytics that they need to make the best possible merit and incentive decisions. Our standing in this year’s value index definitely adds to this momentum.”
PeopleFluent Compensation software helps line-of-business managers use compensation to attract, retain, and motivate employees to achieve business goals. The solution dramatically reduces the time and effort required to manage salary planning, incentive planning, stock rewards, compensation plan configuration, and rewards communications. It is part of PeopleFluent’s Talent Management Suite which also includes solutions for Performance, Succession, Recruiting, and Learning.
The Ventana Research Value Index: Total Compensation Management in 2014 is the distillation of a year of market and product research efforts by Ventana Research. Built on a foundation of 10 years of business and technology research, the index is both fact-based and unbiased. The Ventana Research Value Index is an analytic representation of our assessment of how well vendors’ offerings meet buyers’ requirements for software that enables and supports total compensation management.
PeopleFluent, the leading total workforce HCM technology company, redefines Talent Management with an innovative Talent Engagement Cloud that is built around people and not HR processes. By deeply integrating pervasive video, strategic analytics and collaborative social technologies into its complete suite of Talent Management applications, PeopleFluent redefines employee engagement to address productivity loss and diminished financial results due to an increasingly disengaged workforce. With PeopleFluent, companies can change at the speed of business without costly IT interventions through intuitive, highly configurable software that is built upon the right data. Spanning across an organization’s entire global workforce with one talent cloud, PeopleFluent equips leaders with the meaningful talent data and strategic analytics necessary to make better business decisions.
PeopleFluent has worked with over 5,100 organizations in 214 countries and territories to engage employees to drive better business results. Today, 80 percent of the Fortune 100 relies on PeopleFluent as part of their talent management delivery strategy, helping them successfully achieve their talent aspirations.