ST. PAUL, Minn., Oct 01, 2009 (BUSINESS WIRE) — Lawson Software (Nasdaq: LWSN) today released the latest version of the Lawson Talent Management Suite, an enterprise software suite that is part of the Lawson Strategic Human Capital System. The new version (version 3.2) includes a number of enhancements to specific software applications, including Compensation Management, Performance Management, Talent Acquisition and Succession Management. Lawson announced the updates during the HR Technology Conference and Exposition, which is taking place this week in Chicago.
Lawson Talent Management is an integrated system combining core human resources applications with a leading Talent Management solution. This allows an organization to gain valuable insight into its workforce by delivering actionable information about employees – information that ties directly to the organization’s business strategy.
The new enhancements focus on a variety of HR-related processes that managers and employees contend with on a regular basis. For example, the latest version enhances the Compensation Management application with new analytical views and manager views. These views simplify many key processes and consolidate information about employee compensation. They also allow managers to monitor and manage pay-for-performance programs from a single, simple graphical form.
Lawson Talent Management version 3.2 also rounds out the suite’s Succession Management application by defining and supporting a total succession planning process for organizations. It essentially helps organizations identify top talent to help managers create more effective succession plans for specific roles within their organization. The Lawson system covers the entire succession process, from internal searches to backfilling positions in the succession chain. It provides “bench strength” reporting, which can help organizations better understand the talent within their organization and align employee activities with broader business objectives.
“Lawson Talent Management is all about making a better connection between your workforce and your business objectives,” said Larry Dunivan, general manager for Strategic Human Capital Management, Lawson. “We continue to update and enhance this offering, based, in part, on the feedback and participation of our customers. They are the ones using software to manage their business and HR activities. This feedback helps us address the very real challenges and specific processes that go on every day in Human Resources departments.”
Lawson will showcase Lawson Talent Management later today during the second annual “Talent Management Shootout,” which is part of the HR Technology Conference and Exposition. The shootout allows software vendors to compete against one another based on a specific HR-related scenario, with conference attendees selecting the shootout champion. Lawson will go head-to-head with three other business software providers.
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company’s targeted industries and other risk factors listed in the company’s most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.