DRS Technologies Selects Complete Workstream TalentCenter Solution; Leading Defense Technology Firm to Implement Workstream's Comprehensive On-Demand Suite to Manage Recruiting, Benefits, Performance, Compensation and Rewards Processes.OTTAWA -- Workstream Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : WSTM WSTM White Sands Transverse Mercator ), a provider of On-Demand Enterprise Workforce Management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. software, today announced that DRS Technologies DRS Technologies, Inc. (commonly known as DRS; formerly known as Diagnostic/Retrieval Systems, Inc.) is a supplier of defense electronic products and systems to the United States Air Force, Army, Coast Guard, Marine Corps, Navy, aerospace and defense prime , Inc. (NYSE NYSE See: New York Stock Exchange : DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services ), a leading provider of defense-related products and services, has selected the entire Workstream TalentCenter, to control all of its enterprise workforce management processes, including recruiting, benefits enrollment, performance and compensation management and rewards, for a three year term. The solution complements DRS's existing Workstream Succession Planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — and Organizational Charting products and also will be accessed through the Workstream TalentCenter. Workstream TalentCenter provides a simple, predictable approach for automating a broad array of enterprise workforce management processes that help organizations create high performing workforces. Application and services components of the Workstream TalentCenter include: --Workstream Recruitment; --Workstream Benefits and Communications; --Workstream Performance Management; and --Workstream Compensation and Rewards. All necessary infrastructure services are managed and maintained at Workstream's data center located in Ottawa, Ontario. Companies can securely access the entire Workstream On-Demand TalentCenter suite through a standard web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. , and can turn on only those solutions they need, whenever they need them. Workstream provides companies with the flexibility to either start small and grow over time or deploy the entire TalentCenter solution all at once, as DRS has decided to do. "Workstream is excited to welcome DRS Technologies as an end-to-end Workstream TalentCenter customer. Our On-Demand suite of HR solutions is steadily gaining momentum in the marketplace and proving to be a compelling alternative for companies looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. robust applications that are easy to use and value priced, when compared with traditional software solutions," said Michael Mullarkey, Chief Executive Officer and Chairman of Workstream. "Simplifying the accessibility and management of HR applications and services has been desperately needed, and we are proud to be leading the HR software revolution with our Workstream TalentCenter solution," continued Mullarkey. About DRS Technologies DRS Technologies, headquartered in Parsippany, New Jersey, provides leading edge products and services to defense, government intelligence and commercial customers. Focused on defense technology, DRS develops and manufactures a broad range of mission critical systems. About Workstream Inc. Workstream provides On-Demand Enterprise Workforce Management solutions and services that help companies manage the entire employee life cycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Rewards and Transition. Access to TalentCenter is offered on a monthly subscription basis under an On-Demand software See SaaS. delivery model to help companies build high performing workforces, while controlling costs. With nine offices across North America, Workstream services over 400 customers, including Chevron, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, Samsung, Sony Music Canada, VISA and Wells Fargo. For more information, visit www.workstreaminc.com or call toll free 1-866-470-WORK. |
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