Oct. 1, 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.
