Chief Administrative Officer of Leading Department Store Stein Mart Selects Business Execution Suite

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Nov 10, 2010, 08:05 ET

SAN MATEO, Calif., Nov. 10, 2010 /PRNewswire/ -- Today, SuccessFactors, Inc. (Nasdaq: SFSF) announced that department and specialty retailer, Stein Mart, Inc. (Nasdaq: SMRT) has deployed the SuccessFactors Business Execution (BizX) Software Suite to ensure overall business goal alignment and performance management. Stein Mart has deployed SuccessFactors Goal Management and Performance Management modules to 1,000 users in their store operations, field operations and corporate departments.

"As a company, we are always looking for ways to make sure our employees are aligned with our overall business goals," said Hunt Hawkins, executive vice president and chief administrative officer of Stein Mart. "SuccessFactors Business Execution Suite engages everyone in the organization. It lets people know that what they are working on has an impact on the company, and shows them how that makes a difference."

Prior to deploying SuccessFactors Business Execution Software, Stein Mart used an internal tool for their people and goal management processes. Over time, the utilization of this internal tool was found to not fully meet the needs of its employees. Therefore, Stein Mart sought out a new solution.

"What set SuccessFactors apart was the flexibility of their solutions. We didn't want to overwhelm everyone with an entirely new process, and SuccessFactors was able to tailor their offering in a way that helped our employees both to communicate and to make sure they work on the right task," said Caroline Sudhoff, director of human resources for Stein Mart. "SuccessFactors are the experts. They offered a more robust product at a lower cost than our previous solution."

About Stein Mart, Inc.

Stein Mart stores offer the fashion merchandise, service and presentation of a better department or specialty store, at prices competitive with off-price retail chains. Currently with locations from California to Massachusetts, Stein Mart's focused assortment of merchandise features current season, moderate to better fashion apparel for women and men, as well as accessories, gifts, linens and shoes.

About SuccessFactors, Inc.

SuccessFactors is a global leader in Business Execution Software. The SuccessFactors Business Execution (BizX) Suite, which is delivered through the cloud, improves business alignment, team execution and people performance to drive results for companies of all sizes. Across 168 countries and 34 languages, more than 8 million users and 3,000 companies leverage SuccessFactors every day, up from approximately 300,000 users and 100 companies in 2003. BizX bridges the gap between strategy and success by allowing every person in an organization to execute against their goals better and faster. SuccessFactors' recent acquisitions of YouCalc, Inform and CubeTree supplement SuccessFactors' core BizX strategy with solutions that align with SuccessFactors' mission of helping companies get work done by delivering robust business insights and improved collaboration. To learn more, visit: www.successfactors.com.

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