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Infohrm Releases New Workforce Planning Application

  • 19 May, 2008 15:53

<p>“What If?” Financial Modeling Capabilities Demonstrate Bottom-Line Impact of Human Capital Investments</p>
<p>Brisbane – May 19, 2008 – Infohrm, the global leader in workforce planning, reporting, and analysis solutions today announced the release of its “What If?” financial modelling software application for workforce planning. For the first time, organisations will be able to quantify the implications of various talent management scenarios, comparing the true business impact of employee hiring, development, and retention decisions. Equipped with the new application, human resources professionals can now create workforce models and strategic plans with the same analytical power as Finance and Operations.</p>
<p>“The market demands a workforce planning application that can integrate with financial and strategic planning cycles,” said Anastasia Ellerby, Managing Director, Infohrm. “Infohrm’s “What If?” financial model increases the power of workforce planning by demonstrating how different talent management scenarios materially impact the entire organisation.”</p>
<p>In addition to the “What If?” functionality, Infohrm’s workforce planning application now offers integrated external labour force supply and salary data, like that provided by the Australian Bureau of Statistics, and the ability to view forecasts by business unit or job family. The entire process is fully automated, enabling rapid deployment and ease-of-use.</p>
<p>Infohrm’s 2008 global survey of workforce planning found that companies using workforce planning software are more likely to be able to demonstrate the impact of workforce planning internally, a distinct advantage over those who do not use software (56% as opposed to 42%). Workforce planning software users are much more likely to perceive that workforce planning gives them an advantage over their competitors (60% as opposed to 40%).</p>
<p>About the Infohrm Workforce Planning Program</p>
<p>Infohrm’s membership program provides the methodology, tools, training, advice, coaching, and technology to support your in-house workforce planning function. Infohrm manages the extraction of workforce data from your HRIS to deliver a state-of-the art, user friendly, web-based interface that facilitates workforce planning forecasts and gap identification. Leveraging Infohrm’s consulting and training services ensures that HR professionals are fully equipped to design and deliver workforce plans to audiences across the organisation.</p>
<p>Learn more about Infohrm’s workforce planning program <http:></http:></p>
<p>About Infohrm</p>
<p>Infohrm is the global leader in on-demand workforce planning, reporting, and human capital analytics solutions. With over 25 years of experience, and a strong customer base consisting of Fortune 1000, non-profit, and government clients, Infohrm has paved the way for organisations to measure the impact of human capital initiatives and drive business results. Infohrm solutions couple a leading edge on-demand technology platform with strategic consulting and training services to focus on the analysis of data to help organisations make informed decisions around human capital practices.</p>
<p>In April 2008, Gartner added Infohrm to its “Cool Vendors for Human Capital Management Software” report.</p>
<p>Learn more at www.infohrm.com</p>
<p>ENDS</p>

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