Restrac Announces General Availability of Restrac Hire Link for PeopleSoft.LEXINGTON Lexington.1 City (1990 pop. 225,366), seat of Fayette co., N central Ky., in the heart of the bluegrass region; inc. 1832, made coextensive with Fayette co. 1974. , Mass.--(BUSINESS WIRE)--Sept. 5, 1997-- Links Leading Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Staffing Functionality of Restrac Hire with the PeopleSoft HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist Application Suite for a Fully-integrated HR Solution Restrac, 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 :RTRK), the leader in automated staffing solutions, today announced general availability of Restrac Hire Link for PeopleSoft. The new software links the advanced automated staffing capabilities of Restrac Hire with the PeopleSoft Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. Management System (HRMS) application suite for a fully-integrated HR solution. By combining the functionality of both products into a single workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. environment, staffing organizations can operate more efficiently and eliminate many of the labor-intensive tasks associated with the hiring process. Restrac Hire Link for PeopleSoft is an add-on A purchase of additional goods before payment is made for goods already purchased. An add-on may be covered by a clause in an installment payment contract that allows the seller to hold a security interest in the earlier goods until full payment is made on the later goods. module that manages the transfer of data between the Restrac Hire system and the PeopleSoft HRMS application suite. By synchronizing synchronizing, n a technique that a therapist uses to coordinate his or her breath with that of the client; builds trust and establishes relationship. data tables across both systems, the Hire Link module ensures that data entered into one system is updated in the other. Employee and new applicant records, as well as other information stored in common data tables, are input only once, saving time and ensuring accuracy. Hire Link enables the combined system to function as a single environment. "We capture important information as an applicant moves through our recruiting process, including personnel and administrative data," said Elliot Wells, systems manager at Stratus stratus: see cloud. (Stratus Technologies, Maynard, MA, www.stratus.com) A manufacturer of fault-tolerant computers founded in 1980. It supports both the VOS and FTX Unix operating systems on its XA/R line of i860-based systems. Computer. "With Restrac Hire Link for PeopleSoft, once the applicant is hired, the data can be transferred automatically between Restrac Hire and our HRMS system. This bi-directional flow of data allows us to eliminate many time-consuming steps in our recruiting process." "Our customers have asked Restrac to link the capabilities of Restrac Hire to the PeopleSoft HRMS application suite to better leverage the power of both systems," said Rob Perry, vice president of Marketing at Restrac. "Our close alliance with PeopleSoft and experience with their HRMS technology enabled us to develop a unique solution that tightly integrates the two systems to meet their key customer need." Features and Benefits Restrac Hire Link is an add-on module that integrates Restrac Hire with the PeopleSoft HRMS application suite. Capabilities of the module include: -- Direct transfer of applicant information between Restrac Hire and the PeopleSoft system to eliminate duplicate DUPLICATE. The double of anything. 2. It is usually applied to agreements, letters, receipts, and the like, when two originals are made of either of them. Each copy has the same effect. data entry and preserve data integrity; -- Sharing of valid table information between Restrac Hire and the PeopleSoft HRMS application suite to reduce system administration costs and ease system maintenance; -- Linking of employee data between the PeopleSoft HRMS application suite and Restrac Hire to share applicant tracking information used to evaluate internal candidates for open positions; and -- Flexible architecture that enables it to operate independently of the database platform used by current or future versions of either the Restrac or PeopleSoft system. Availability Restrac Hire Link for PeopleSoft has been certified See certification. for use with PeopleSoft versions 5 and 6 and Restrac Hire versions 3.1 and up. Restrac Hire Link for PeopleSoft will support all subsequent versions of Restrac and PeopleSoft offerings. About PeopleSoft PeopleSoft, Inc. (NASDAQ:PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) was established in 1987 to provide innovative software solutions that meet the changing business demands of enterprises worldwide. A client/server applications pioneer and market leader, PeopleSoft develops, markets and supports a complete suite of enterprise solutions for finance, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , distribution, supply chain planning, manufacturing and human resources. In addition, PeopleSoft provides industry-specific enterprise solutions to customers in select markets including communications, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , healthcare, manufacturing, higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. , public sector, services, transportation, U.S. federal government, and utilities. With more than 1,700 customers around the world, the company has been recognized for both its award-winning customer service and its remarkable growth. PeopleSoft was listed by Fortune Magazine as one of the fastest growing companies in America in 1994, 1995 and again in 1996. PeopleSoft product and service information is located on the World Wide Web at http://www.peoplesoft.com . About Restrac, Inc. Restrac, Inc. is the worldwide leader in automated staffing solutions. Since 1982, its products and services have helped businesses significantly reduce the cost of hiring by streamlining the way employees and jobs are connected. The industry's technology pioneer, Restrac is committed to delivering cutting-edge software and services that leverage companies' most valuable resources -- candidates and employees. Restrac Hire is the most flexible, enterprise-wide solution on the market, a client/server system designed to help companies rapidly find, hire and deploy the best candidates. More than 230 clients worldwide employ Restrac's client/server staffing systems. More information about Restrac is available on the World Wide Web at http://www.restrac.com . -0- Restrac is a registered trademark of Restrac, Inc. and Hire and Candidate Finder are trademarks of Restrac, Inc. All other products or services mentioned may be trademarks or registered trademarks of their respective owners. PeopleSoft, the PeopleSoft logo, PeopleTools, PS/nVision, PeopleCode and PeopleBooks are registered trademarks, and PeopleTalk and We work in your world. are trademarks of PeopleSoft, Inc. All other company and product names may be trademarks of their respective owners. Copyright c 1997 PeopleSoft, Inc. All rights reserved. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results and performance could differ materially from those set forth in the forward-looking statements. Certain factors that might cause such a difference include product development risks, new product announcements and introductions, changes in technology and industry standards, certain strategic relationships, continued upgrading of the Company's products, future demand for staffing software and end-user acceptance of new products. CONTACT: Anna Mooney annam@restrac.com Restrac, Inc. (617) 869-5000 or Scott Bauman/Hilarie Lally sbauman@neva.com/hlally@neva.com Neva Group (617) 441-4000 ext. 236/244 |
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