Today at the 8th annual HR Technology Conference & Expo, DoubleStar, Inc., a leading provider of workforce analytics, unveiled its next generation product suite -- Workforce Insight
8482;. Comprised of five analytic modules, Workforce Insight is the industry's first complete business intelligence solution developed specifically for HR that provides the flexibility to
address diverse industry and technology needs while giving organizations the most relevant information to tie human capital to business results and demonstrate a true impact on the
enterprise. Built on DoubleStar's market-leading technology platform, the new suite delivers logically organized metrics and analytics for Workforce, Staffing, Compensation, Talent and
Development, and Enterprise Performance.
Leveraging more than three years of proven experience in the HR business intelligence space, DoubleStar designed its new Workforce Insight suite using a "three-tier workforce
intelligence" model. The only vendor in the industry to adopt this unique model, it delivers the three key components of workforce intelligence -- operational reporting, HR metrics, and
valuable business insight -- enabling organizations to produce accurate operational reporting about their workforce, utilize metrics based on best practices to measure and monitor HR
performance, and align human capital objectives with overall company goals for increased business performance.
The majority of organizations today do not have the correct metrics, measurements and tools in place to successfully measure or manage their workforce, let alone the information needed to
map their HR organization s HCM goals to the overall corporate goals, said Debbie McGrath, President of HR.com the largest research and Web destination for HR Executives. Organizations
that are placing workforce analytics on their must have list of future technology strategies will undoubtedly gain an advantage over their competitors as they move forward with the
transformation to obtain true workforce intelligence. DoubleStar s Workforce Insight suite will offer these organizations the tools needed to have critical insight into their workforce --
from running a simple headcount report to much more strategic initiatives such as driving organizational performance.
The DoubleStar Workforce Insight modules enable organizations to consolidate, organize and deliver information about key areas of HR. The five modules focus on the following
processes:
Workforce 8211; Provides HR practitioners with the ability to report on any captured workforce information in a timely and efficient manner. As the single "gold standard" source of
workforce data, the module increases the credibility and integrity of the information provided by HR to the enterprise.
Staffing 8211; Provides organizations with information related to their recruiting and hiring processes, employee retention and turnover, contingent workforce, quality of hire, impact of
a hire on the sales organization, and costs associated with the loss of employee.
Compensation 8211; Offers insight into total pay per organization, benefits and recent changes in benefits, and the impact of compensation on workforce behavior.
Talent & Development 8211; Provides HR with information around competency development, succession planning, learning management, leadership, the impact of training on business results
and workforce performance tied to business performance.
Enterprise Performance 8211; Correlates critical information about revenue, profit, and productivity by workforce, human capital investment by workforce, and human capital ROI. The
solution also enables organizations to take action based on information, resulting in an impact on business performance.
"As customers and market needs have become increasingly more sophisticated, it was critical for us to advance our solution and completely address the measurement challenges HR faces
today. The Workforce Insight suite is a natural evolution for us because it leverages our proven experience and the best practices we have gained in working with large enterprises to
design and deploy workforce intelligence solutions." said Brian Kelly, Managing Director at DoubleStar, Inc. "We are excited to be the first to market with a complete and highly adaptable
solution that can support an organization's complex HR environment landscape and provide individuals -- from the CEO down to the line manager -- with direct access to the most relevant
information they need to manage and monitor workforce performance and drive human capital management objectives."
DoubleStar is one of 180 companies exhibiting at the HR Technology Conference & Expo, the world's leading business conference on technology for HR executives. Visit DoubleStar at
booth # 326.
About HR Technology
Sponsored by Human Resource Executive, HR Technology Conference & Expo features more than 40 sessions in program tracks ranging from Recruiting and Performance Management, to HR
Outsourcing. The event is the world's largest conference and exposition devoted to the use of all aspects of technology in human resources. This year, 50 of the 58 presenters are VP level
or higher, including 23 CEOs, from world leading companies and will speak on the topics organizations need to know about, with their focus firmly on how to gain business benefits from
technology.
For more information visit www.HRTechnologyConference.com
About DoubleStar, Inc.
Based in West Chester, Pennsylvania, DoubleStar, Inc. is a leading provider of workforce analytics solutions. A two-time Inc. 500 consulting services firm, DoubleStar specializes in
delivering solutions that synthesize information from disparate enterprise information repositories to provide organizations with analytical insight into their company's business
performance. Building on more than a decade of data warehousing and business intelligence consulting success, DoubleStar offers a full range of strategic, implementation, and support
services to clients in a variety of industries. The company's commitment to client satisfaction has been demonstrated in more than 500 consulting engagements resulting in a 94 percent
repeat business rate.
For more information visit http://insight.doublestarinc.com
DoubleStar, Inc. and Workforce Insight are registered trademarks of DoubleStar. All other company and product names may be trademarks of their respective owners.
Media Contacts:
Megan Gates
Knowledge Infusion, Strategic Vendor Services
(925) 577-8685
Frances Moscoe
DoubleStar, Inc.
(484) 356-2478
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.