SAN MATEO, Calif., June 28, 2012 /PRNewswire/ -- SuccessFactors, an SAP company and the global leader in cloud-based business execution software, was named as the overall 'hot vendor' in Ventana Research's 2012 Value Index for Total Compensation Management. With this rating, Ventana Research certifies that SuccessFactors Compensation delivers the best buyer value based on a thorough evaluation and audit. The report is Ventana's latest research-based index on technology vendors and products. It provides guidance to enable organizations to ascertain the value of software that enables and supports Total Compensation Management. SuccessFactors beat out all other industry vendors to earn this highest vendor classification.
"Compensation Management is a key activity for supporting human capital and talent management and SuccessFactors has demonstrated its customer and product advancements with its rating of Hot in Total Compensation Management," said Mark Smith, CEO & chief research officer, Ventana Research. "SuccessFactors Compensation demonstrated its applications ability to meet the range of requirements for total compensation and has advanced every quarter to support a range of manager, employee and administrator needs with compensation covering base pay, variable pay and calibration to goals and objectives."
Ventana's Value Index is not just a selection of "cool" products. Instead of representing a vendor on a four-quadrant chart, the Index provides specific thermometer readings, both overall and component metrics, for a technology buyer to consider. Organizations can use the Value Index by first determining their priorities and then consulting the Index to determine which vendors best meet those needs.
SuccessFactors Compensation helps business leaders, compensation managers, and HR professionals dramatically improve budget accuracy, reduce risk, and tie their greatest expense—employee pay— to actual business results. As part of SuccessFactors Business Execution (BizX) suite, SuccessFactors Compensation streamlines and simplifies compensation planning, provides visibility and insight for total compensation management, and uniquely enables a perform-and-reward culture.
"It is an honor to receive this kind of validation from Ventana Research," said Kara Wilson, chief marketing officer, SuccessFactors. Employee compensation is the largest expense for most companies and we're proud to help our customers reward great execution and retain more top talent to drive organizational performance that exceeds expectations."
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana OnDemand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
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To learn how Ventana Research advances the maturity of organizations' use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.
About SuccessFactors, an SAP Company
SuccessFactors is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 35 languages.
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SOURCE SuccessFactors, an SAP Company