SuccessFactors’ Professional Edition Enhances Orion Bank’s Performance Management Solutions

SAN MATEO, Calif.--(BUSINESS WIRE)--SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in on-demand performance and talent management solutions, today announced Orion Bank has selected the SuccessFactors Professional Edition offering for small and mid-sized businesses to support performance management, goal management and employee development. All Orion Bank employees will use SuccessFactors, with plans to implement SuccessFactors’ compensation management solution in the future.

Founded in 1977, Orion Bank has consistently been recognized as one of the nation’s best performing community banks. As part of the bank’s long-term strategy they sought to implement a more consistent method to track performance and highlight company-wide goals. Orion Bank’s EVP/Chief People Officer, Stacy Byers, and her HR team worked with SuccessFactors’ offerings to create a performance management and goal-setting process that promoted greater visibility into individual accomplishments and their connections to company-wide performance.

“SuccessFactors provides the tools and processes that are both meaningful and scalable for our organization,” Byers said. “We look forward to implementing compensation management solutions sometime in the future, which will provide our managers with even more support to help them identify and reward their strongest performers.”

“Orion Bank is an excellent example of how a community bank is committed to a strong employee performance management process. SuccessFactors Professional Edition can serve as a critical enabler to help companies accelerate their success and performance,” said Shelly Davenport, general manager of small business at SuccessFactors. “Because it’s a one-stop shop, performance information is much more organized and accessible, and it results in reviews that are much more eye-opening and effective.”

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 mid-size 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 Orion Bank

Headquartered in Naples, Florida, Orion Bank is one of the largest privately held community banks in Southwest Florida. Founded in 1977, the Bank currently has total assets approaching $3 billion and operates 23 full-service banking offices across the South Florida region.

Information about Orion is available at www.orionbank.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 2,360 customers and 4 million end users today, SuccessFactors’ solutions are widely deployed across 60 industries in over 185 countries in 31 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.