(Source: Business Wire)

Softscape,
an innovator powering complete people
management solutions, today announced that Bank
of Georgia (LSE: BGEO), Georgia's leading bank, has selected
Softscape for its rollout of a new talent management system. This
multi-million dollar, multi-year contract will enable Bank of Georgia to
maximize its workforce potential by utilizing a fully automated human
resource (HR) system.
Bank of Georgia has experienced extensive growth over the past few years
in its business and employee base and needed to replace a disconnected
and manual paper-based process that caused significant administrative
overhead. Bank of Georgia's ultimate goal was to find a solution to meet
all of its HR goals in a single, integrated system that could be rolled
out with multiple languages to support its multi-national organization.
Additionally, Bank of Georgia was seeking a powerful analytics tool to
enable strategic insights into the data for employee development and
performance improvement.
"We chose Softscape because they were the best fit for our people
management strategy and they understood our business needs," said Irakli
Gilauri, Chief Executive Officer of Bank of Georgia. "Our team set out
to find a solution that would not only allow us to completely automate
our HR systems, but also to give us real-time information and enable
immediate data analysis and decision making insight. We evaluated a
variety of vendors, and Softscape offered the most flexibility and
options to support our long-term vision for a single fully connected
platform."
As a global leader in people management software, Softscape is
recognized by industry analysts as the most comprehensive people
management solution, providing complete employee lifecycle management,
including a core system of record, in a single platform. Softscape will
be providing Bank of Georgia the HR foundation to power HR management,
performance, compensation, succession planning, learning management, 360
feedback, career development, incentive compensation, hiring, social
networking, and workforce analytics.
"A critical requirement for HR organizations is the continuous
measurement and demonstration of business outcomes," said Dave Watkins,
CEO and co-founder of Softscape. "People management software holds the
key to managing an organization's workforce more effectively and driving
business performance.