NEW YORK and SAN MATEO, Calif., Jan. 31, 2011 /PRNewswire/ -- PwC US and SuccessFactors, Inc. (Nasdaq: SFSF), a global leader in Business Execution Software, today announced a Joint Business Relationship (JBR) to help organizations align their people and business strategies to achieve new levels of excellence in human capital management and business execution while growing the bottom line. As a part of the JBR relationship, PwC will join SuccessFactors' SuccessServices Program.
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The relationship between PwC and SuccessFactors will help enable mutual clients to realize a host of new benefits, including greater rates of business transformation success, more effective use of human capital global best practices and benchmarking, improved levels of engagement by key stakeholders, managers and employees, and a more timely measurement of business outcomes. As a member of SuccessFactors' Program, PwC will assist with the implementation and integration of SuccessFactors' Business Execution (BizX) Software Suite to help clients improve and measure organizational performance.
"By combining PwC's strategic sense, business acumen and human capital consulting capabilities with SuccessFactors' Business Execution Suite, we are better prepared than ever to help today's complex, global organizations design and deliver talent management solutions that get results," said Diane Youden, a principal at PwC and leader of the firm's HR Transformation practice. "Together, we can help clients take the execution of effective talent management to a whole new level of excellence."
By working together, PwC and SuccessFactors bolster already strong reputations for helping clients increase the effectiveness of efforts spent on strategic activities, realizing long-lasting, sustainable value, and measuring the benefits from transformational business change.
"Our relationship with PwC will help solve one of the biggest problems in business today, which is how to improve execution," said Catherine Cherubino, vice president, alliances at SuccessFactors. "Together, we will help organizations achieve world-class people performance. The goal of the relationship is to better address the unique business execution needs of today's largest global enterprises -- enabling their people to focus and excel at the organization's critical objectives by putting the right people in the right places, doing the right things at the right time, and inciting teams to greatness."
"Whether an organization is planning to implement a performance management strategy, creating a succession planning approach, or transitioning to a new business model, PwC and SuccessFactors have the practical expertise and creativity to help," added Youden.
About PwC's People & Change Practice
Getting the best from people at every level in times of constant change is the key to sustainable competitive advantage. We help organizations align their people practices with business strategy, collaborating with clients to offer practical, multi-disciplinary approaches to creating environments where people can work productively and businesses can deliver extraordinary value. In short, we help improve business performance through people performance. See www.pwc.com/us/peopleandchange for more information.
About the PwC Network
PwC network firms provide industry-focused assurance, tax and advisory services to enhance value for their clients. More than 161,000 people in 154 countries across the PwC network share their thinking, experience and solutions to develop fresh perspectives and practical advice. See www.pwc.com for more information.
© 2011 PwC. All rights reserved. "PwC" and "PwC US" refers to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.
About SuccessFactors
SuccessFactors is the 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 integrated solutions that align with SuccessFactors' mission of helping companies get work done by delivering robust business insights and improved collaboration. To learn more, visit: http://www.successfactors.com/.
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"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs. These forward-looking statements include statements about product strategy and performance, partnerships, customer usage, expected benefits and implementation. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: unexpected delays in implementation; unexpected bugs or defects; outages or security breaches; user acceptance levels of the application; or our ability to manage our growth. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.
These documents are or will be available in the SEC Filings section of the Investor Relations section of our website at www.successfactors.com/investor. Information on our website is not part of this release.
Contact: |
For PwC |
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Suzanne Dawson |
Kathryn Oliver |
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Linden Alschuler & Kaplan |
PwC US |
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(212) 329-1420 |
(860) 345-3550 |
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For SuccessFactors |
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Andrea Meyer |
Catherine Cherubino |
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SuccessFactors PR |
SuccessFactors Alliances |
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(415) 370-7329 |
(650) 645-4433 |
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SOURCE SuccessFactors, Inc.
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