Lawson Software Africa, has announced the local availability of the new LAWSON INSIGHT II Analytic Suite 2000, and its new Workforce Analytics component, the company`s advanced performance management solution which provides a Web-based human resources solution.
According to Lawson Africa`s country manager, Cliff van Tonder, Workforce Analytics is integrated with an advanced set of data analysis tools and metrics for comprehensive workforce performance measurement and improvement and extends Lawson`s e-business analytic solutions lead among major enterprise application vendors.
"It covers the entire range of human resources processes and workforce dynamics to measure an organisation`s effectiveness in areas such as candidate recruitment, staffing, training and development, personnel, compensation and benefits," he says. "Human resources performance indicators include a full set of standard ratios, such as time to fill, cost per hire, accession rate, retention rate, add rate, replacement rate, time to start and offer acceptance rate."
Leveraging the zero-training advantage of Lawson`s role-based Self-Evident Applications, Workforce Analytics combines a complete set of pre-packaged performance indicators with benchmarks supplied by Saratoga Institute, the leading source world-wide of quantitative human performance data assessment, with which Lawson has recently announced a new partnership.
Saratoga Institute provides financial metrics, human resource benchmarks and human capital information to enable companies to make decisions based on quantitative performance data. Saratoga specialises in delivering essential data for management to analyse, diagnose and demonstrate patterns of relationship behaviour between their business actions and human capital results. Through the partnership, Lawson will also obtain certification by Saratoga Institute of LAWSON INSIGHT II Analytic Suite 2000 in alignment with Saratoga Institute benchmark methodology.
"As the costs of recruiting, training and retaining employees continue to rise, companies must also adapt to constant changes in the available pool of human capital if they want to remain viable and competitive," says Dr. Steve McElfresh, president, Saratoga Institute. "Our partnership with Lawson provides the means to achieve this through a consistent extraction methodology, the ability to generate internal benchmarks customised for the company and instant access via the Web to Saratoga benchmark results."
By integrating the human capital information from Workforce Analytics and Saratoga`s extensive database of benchmarks as a strategic business tool, Lawson customers can gain valuable insight into improving performance, productivity, and return on investment in their workforce.
Through comparative analysis, customers can determine if workforce issues are internal in nature or symptomatic of industry-wide issues and take appropriate action. Customers can also use Lawson`s Performance Indicator Publisher to create ratios specific to their industry or company. Initial roles shipping with Workforce Analytics include the performance indicators and corresponding benchmarks for human resources vice presidents, chief financial officers, chief operating officers, chief information officers, training administration directors and staffing directors.
Ijob Internet Recruitment Key to Process Improvement
Lawson`s Web-based ijob candidate recruitment product completes the cycle of process improvement initiated by Workforce Analytics. Utilising information gained from Workforce Analytics, customer also using ijob can easily adjust their recruitment requirements and screening parameters to identify and pursue candidates that better fit a model for overcoming identified workforce issues, explains Lawson`s van Tonder. "This closes the loop in the cycle of workforce performance improvement. Companies gain a complete workforce improvement solution based on leading-edge technology in a total e-business framework."
"Performance measurement and analysis are fast becoming the new cornerstones for gaining competitive advantage, and Lawson provides leading-edge solutions across major business processes to help organisations accomplish their strategic goals," says Henry Morris, vice president, Applications and Information Access, International Data Corporation (IDC), an IT market research firm. "Most ERP systems were designed to automate basic operations, but not to help businesses to review and improve their performances. Lawson`s Workforce Analytics enables an organisation to monitor and analyse its employment policies in today`s employment marketplace, via integration with Saratoga Institute`s industry benchmarks. The resulting intelligence can be applied to optimise future operations, such as Web-based recruitment managed by Lawson`s ijob solution."
E-business Analytics: Leveraging Information for Strategic Collaboration
LAWSON INSIGHT II Analytic Suite 2000 delivers the second-generation of Lawson`s market leading analytic solutions, first delivered with Lawson On-line Analytical Processing (OLAP) in April 1997 and advanced with Lawson`s first-to-market Performance Indicators in June 1998.
Today Lawson has more than 140 analytic solution customers. Lawson delivers dozens of multi-dimensional OLAP data marts plus more than 400 performance indicators configured for more than 30 pre-packaged enterprise roles.
"Just a few years ago, automating internal transactional processes was the key to business improvement, but that`s not enough in the emerging e-business economy," said Eric Lopez, vice president, Global Financial and Analytic solutions, Lawson Software. "Today, the companies that can take the best ideas, people, practices and products from across the enterprise and reapply them in a technology-powered world will become the new market leaders. Lawson`s analytic solutions help organisations identify those ideas, people, practices and products, then provide for generating appropriate scenarios for e-business restructuring.
Lawson`s Web-deployable transaction suites, which facilitate electronic business-to-business, business-to-consumer and internal transactions complete the whole e-business solution."
Analytic Suite 2000 is powered by Lawson Insight II Analytic Architect, a robust application that gathers relevant financial, transactional and operational data from all areas of the enterprise - including employees, customers, internal processes and financials. This data is loaded into strategic data stores organised to hold multidimensional, hierarchical data for business activities, creating an affordable, scalable Enterprise Analytic Warehouse that provides immediate access to business information and metrics. The LAWSON INSIGHT II Analytic Workbench provides comprehensive analysis and reporting, and automates the execution of complex queries for analysts and other knowledge workers.
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Lawson Software
Lawson Software, $270 million provider of Self-Evident ApplicationsTM (SEA) for e-business, offers role-based Web solutions for financials, human resources, procurement, supply chain and performance management. With 2,800 mid-to-large sized corporate customers, Lawson has distinguished itself competitively through a unique blend of feature-rich customer solutions, technology innovation and user-friendly support. Lawson Software has been acclaimed by technology analysts for its innovative and unique use of leading-edge technologies, like Self-Evident Applications TM(SEA) on the Web, and Drill AroundTM for integrated, cross-application data access.
Says the Meta Group, "Lawson Software gives its customers quantified savings by aiming their technology at saving corporations on overhead...a rare thing in the client/server world." Offering LAWSON INSIGHTR II for UNIX, NT and AS/400 platforms, Lawson has 28 offices and affiliates serving 36 countries worldwide and a 96 percent client retention over five years. The company is headquartered in Minneapolis and London.