OakTree Enterprise Solutions Inc. Adopts SuccessFactors Professional Edition for Small and Mid-Sized Businesses

SAN MATEO, Calif.--(BUSINESS WIRE)--SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in on-demand performance and talent management solutions, today announced that OakTree Enterprise Solutions, Inc. has selected SuccessFactors Professional Edition offering for small and mid-sized businesses. The Reston, Va.-based IT firm implemented SuccessFactors’ performance management, goal management and 360-degree review modules for 16 employees, with plans to bring the solution to its 64 other employees over time.

“Our solution is agile enough to cater to companies of differing sizes with differing needs.”

Since 1999, OakTree has provided IT consulting services and software for more than 150 small and mid-sized businesses, in addition to a large percentage of federal and military projects. Prior to implementing SuccessFactors, the company maintained HR and performance management initiatives through manual paper-based processes. This approach ultimately became too time-consuming and non-specific for the company’s managers, who wanted to implement a formal HR and performance management system that would add more customization and address specific tracking needs.

OakTree worked together with SuccessFactors to create a personalized goal tracking system that would help the company cater to specific skill sets and needs. SuccessFactors’ software-as-a-service (SaaS) solution also enabled OakTree to initiate a 360-degree review process, helping managers and associates to exchange feedback on a more frequent, transparent basis and spur ongoing communication among teams.

“Our old paper-based process took a cookie cutter approach to HR, but you really can’t take a group approach to highly specific talent and performance management issues,” said Alexandra Southworth-Molchan, OakTree’s human resources manager. “Having used SuccessFactors at a previous company, I knew that the solution offered an easy way to customize each process and goal for the person or issue you’re dealing with. It’s a one-stop shop. I know where things are now and, as a result, the reviews are that much more eye-opening and effective.”

“Companies like OakTree are able to leverage Professional Edition to manage several employees in varying remote locations,” said Shelly Davenport, general manager of small business at SuccessFactors. “Our solution is agile enough to cater to companies of differing sizes with differing needs.”

SuccessFactors’ SMB offerings – Professional Edition for organizations up to 500 employees, and SuccessPractices for organizations with up to 2,500 employees – bring enterprise-class best practices to small and midsize businesses. The Web-based, Software-as-a-Service technology model enables SMBs in all industries to cost-effectively implement the technology without the need for extensive IT support. By providing real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their employee base.

A recent study shows that SuccessFactors’ customers have both stronger revenue and net income growth as compared to industry peers.

About OakTree Enterprise Solutions, Inc.

OakTree Solutions, an Information Technology solutions provider, offers services and software spanning the entire realm of IT Services Management (ITSM), including Help Desk/Service Desk support services, IT LAN/WAN operations and maintenance, ITIL implementation, and Business Technology Optimization services. Headquartered in Reston, VA, United States, OakTree provides a wide range of expertise including planning, implementation, and operations and maintenance of enterprise systems management solutions. OakTree Solutions' flagship software product is OakTree Navigator, an ad-hoc reporting and trend analysis tool that extends the ability for end users to quickly and easily report from complex database solutions from major software vendors. For more information, visit, http://www.oaktreesolutions.com.

About SuccessFactors, Inc.

SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2140 customers and 4 million end users today, SuccessFactors' solutions are widely deployed across 60 industries in over 185 countries in 22 languages. Founded in 2001 with offices around the world, the company employs more than 700 people, all passionately focused on revolutionizing the future of work. For more information, visit: http://www.successfactors.com.