New SonicPerform Release Features New Performance Analytics and Multi-Reviewer Feedback
SonicPerform 2.4 Closes the Gap for Cytiva’s User Friendly Performance Appraisal Software
EMERYVILLE, CA — December 14, 2010 — Cytiva Software, Inc. (CRX:TSX.V), a leading provider of SaaS (Software as a Service) talent management solutions, announces the release of SonicPerform 2.4, with new Analytics Dashboards and Multi-Reviewer Feedback.
Newly released SonicPerform 2.4 includes nearly a dozen feature enhancements and several revisions, all designed to increase the strategic value, efficiency and usability of Cytiva’s highly respected SaaS employee performance management software. Major enhancements in SonicPerform 2.4 include:
• New Analytics Dashboards that allows users to easily view and interpret key performance indicators. Different analytics can be defined for different roles in your organization to better understand goals, ratings, statuses, and performance trends. SonicPerform’s numerous configurable analytics turn your data into more than just numbers. In addition to graphical data on the review process itself, organizations can get quick reads on where their competency strengths and weaknesses lie, how well key organizational goals are supported across the company, ratings distribution by organizational unit and much more.
• A new Multi-Reviewer Feedback feature. This lighter take on more inflexible 360 systems, allows reviewers to easily gather and organize informal feedback that can be included on the employee’s review.
• Several additional pre-defined approval workflows that can be individually assigned to review forms. These new options, as well as user defined approval flows can handle complex and varied approval processes.
SonicPerform’s software as a service (SaaS) model allows Cytiva to continuously roll out new enhancements on a quarterly basis and all clients can quickly take advantage of the new functionality.
“SonicPerform has already proven itself in the marketplace as an intuitive, highly flexible performance management software solution that conforms to the way most companies work,” said Jason Moreau, CEO of Cytiva Software, Inc. “This steady stream of new enhancements is not only fulfilling customer needs, it’s meeting and surpassing the functionality of competitors.”
New SonicPerform 2.4 is available immediately to all SonicPerform clients.
About Cytiva Software Inc.
Cytiva Software Inc. (CRX:TSX.V) provides innovative on-demand talent management software and services to mid-sized and Fortune 500 companies. Its flagship talent acquisition product, SonicRecruit, allows corporations to screen applicants, automate recruiting departments, customize corporate career sites and hire great people. This premier applicant tracking software improves recruiting effectiveness, speeding up the hiring process and reducing cost per hire. Cytiva’s SonicPerform employee performance appraisal software automates employee evaluations, aligns employees around key goals and encourages year round feedback. And, Cytiva’s SonicOnboard onboarding solution helps organizations get their new hires productively contributing faster. For more information, visit http://www.sonicrecruit.com.
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The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management. Forward-looking Statements: This news release contains forward-
looking statements related to the future financial condition and results of operations of Cytiva. These statements
are based on current expectations and estimates about the human resources markets in which Cytiva operates and management’s beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. Some of the factors which could cause results or events to differ materially from current expectations include but are not limited to: general economic conditions, market or business conditions; changing competitive environment; changing regulatory conditions or requirements; changing technology; and success in implementing productivity initiatives. Some of these factors are largely beyond the control of Cytiva. Should any factor impact Cytiva in an unexpected manner, or should assumptions underlying the forward-looking statements prove incorrect, the actual results or events may differ materially from the results or events predicted. All of the forward-looking statements made in this document are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by Cytiva will be realized or, even if substantially realized, that they will have the expected consequences for Cytiva. Readers should not place undue reliance on any forward-looking statements. Further, Cytiva disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other occurrence.
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