Recruitsoft Announces Workforce Project with Workforce OnDemand Version 4.

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 20, 2003

Recruitsoft--

-- New version adds project management functionality and enhances

workflow and reporting capabilities for forecasting, allowing

organizations to better manage and allocate contingent,

temporary, service contract workers and suppliers, to reduce

costs and enhance shareholder value

Recruitsoft, Inc., the leading provider of staffing management services and solutions, today announced the availability of Recruitsoft Workforce OnDemand Version 4, building upon its industry leading solution for managing the non-permanent workforce. On October 22, 2003, Recruitsoft acquired White Amber to create Recruitsoft Workforce OnDemand, extending the value Recruitsoft delivers to enterprise customers seeking to source, attract, hire, redeploy and manage both permanent employees and non-permanent workers, by integrating all sources of talent onto one platform.

Recruitsoft Executive Vice President of Workforce OnDemand Solutions Louis Cofini stated, "The introduction of Workforce OnDemand Version 4 with Workforce Project builds upon past achievements and has been designed to meet the diverse needs of large and global organizations. Global 2000 companies are increasingly interested in not only the cost savings available by gaining visibility on a project basis for non-permanent workers, but also determining when it's in the company's best interest to hire permanent employees versus non-permanent workers. Our solutions allow organizations to base, predefine and assess considerations such as length of the position or project."

He continued, "We look forward to providing the benefits of Version 4 as part of the Recruitsoft Enterprise Staffing Management Suite, which manages every aspect of the workforce supply chain to solve the complex staffing challenges of large enterprises. Our solutions can be collectively or individually applied to multiple business processes, business cycles, geographic regions, hiring types and staffing models and is proven to enhance organizational value."

Recruitsoft Enterprise Staffing Management Suite(TM) is at work for 400,000 users in 85 countries and includes Recruitsoft Professional(TM), Recruitsoft Hourly(TM), Recruitsoft Workforce OnDemand(TM), Recruitsoft Agency(TM), Recruitsoft Workforce Mobility(TM), Recruitsoft Regulatory & Diversity(TM) and Recruitsoft Campus(TM).

Pepco Holdings Inc. Manager of Strategic Staffing and Workforce Planning Michael Sullivan stated, "The enhancements available in the Workforce OnDemand solution are very strategic and in line with our company's philosophies in terms of best managing our non-permanent workforce as well as our suppliers." He added, "Version 4 builds on the foundation of all the tools and services for successful project management including RFP creation, dissemination, review, interview management, vendor evaluations and selection, performance management and reporting. We look forward to using Workforce OnDemand 4 and achieving incremental benefits as they relate to cost reductions, process centralization and improvements in enterprise productivity."

With Workforce OnDemand Version 4, Recruitsoft brings the following enhancements and new features:

-- Workforce Project. Proprietary enhancement that allows

organizations to forecast associated costs of one project,

including project teams and assess if it is best to hire

permanent or non-permanent workers.

-- Financial Planning and Measurement Toolkit. Provides

tiered-access visibility and control over all non-permanent

labor spend as well as the tracking and reporting of processes

configured to an organization's unique needs. Details such as

how much an organization spends on temporary labor in various

categories can be used to leverage volume spending discounts

to employ the best qualified non-permanent labor to not only

generate cost savings, but also productivity improvements. In

addition to the standard reporting features, customer data

warehouse capabilities are now available for ad hoc reporting.

-- Enhanced User Interface. Builds upon existing functionality by

providing capabilities to store worker and other evaluations

in a central location. The solutions give hiring managers

one-click access to deep data on skills and strengths and

weaknesses, allowing organizations to ensure that the best

workers and staffing firms are chosen, and sub-par performers

aren't re-hired for another division.

About Recruitsoft

Recruitsoft, with headquarters in San Francisco, CA, delivers a comprehensive suite of solutions to manage complete enterprise staffing: professional, hourly, agency, campus, centralized, decentralized and multinational. Recruitsoft's recent acquisition of White Amber, creating Recruitsoft Workforce OnDemand, extends the value it delivers to enterprise customers seeking to manage both permanent employees and non-permanent workers, whether contingent, temporary or service contractors, by integrating all sources of talent onto one platform. Recruitsoft solutions optimize the flow of talent throughout large organizations such Honeywell, Hewlett-Packard, Dow Chemical, Blockbuster, Fortis Inc., Washington Mutual, Deloitte Touche Tohmatsu, Mutual of Omaha, Pitney Bowes Inc., PepsiAmericas, P & G, Thomson, Group Suez, Serono, Toyota, Bombardier, Anthem Blue Cross and Blue Shield and UnitedHealth Group. Recruitsoft Workforce OnDemand customers include Wachovia, Pepco Holdings Inc. and KPMG, among many others. Recruitsoft has received a number of accolades, including the industry's leading staffing solution according to the HR.com 2003 Buyers Guide. More information on Recruitsoft can be found at www.recruitsoft.com.