HCR Software Solutions, formerly a division of The Janis Group, Inc.(JGI), today announced the acquisition of new clients that will be using the company's CompensationXL solution.
ROCHELLE PARK, N.J. (January 31, 2007) -HCR Software Solutions, formerly a division of The Janis Group, Inc.(JGI), today announced the acquisition of new clients that will be using the company's CompensationXL solution. CompensationXL (formerly known as SalaryXL) is the breakthrough application that allows companies to fully automate their salary planning processes by leveraging their familiar Excel spreadsheets and minimizing change management challenges.
The new clients include: Grant Thornton LLP, the U.S. member firm of Grant Thornton International, a global accounting, tax and business advisory organization; Equity Residential, America's number one apartment rental company; and, Rockford, Ill.-based Woodward Industries, the world's largest independent designer, manufacturer, and service provider of energy control solutions for aircraft engines, industrial engines and turbines, and power generation and mobile industrial equipment.
"Many companies have turned to us to help them maximize their investments in existing technologies like Microsoft® Excel and Human Resources Management Systems (HRMS) such as ADP, PeopleSoft, ABRA and Lawson," said Mike Janis, founder and Chief Executive Officer of HCR. "We are pleased to welcome our newest clients and help them use CompensationXL to automate the complexities of compensation management. Much of the appeal with CompensationXL is that it uses what managers are already most familiar with - Excel. The typical time - and money - required to implement new software and train employees in its use are greatly minimized with the CompensationXL approach to compensation management."
With CompensationXL's unique ability to utilize existing Excel spreadsheets, managers can access a robust database-driven salary planning solution via a familiar Excel interface. The intuitive system eliminates data errors while drastically reducing the time needed to prepare and execute salary-planning cycles. By consolidating data from various sources into one Web-based database, CompensationXL allows users to access real-time data and track it throughout the organization. CompensationXL also enables salary-planning tasks to be completed online or offline. CompensationXL also automates stock awards, bonuses, and other incentive pay.
The recent release of CompensationXL 2.2 enhanced the system even further, adding features such as point-and-click organizational management that enables planning managers and compensation professionals to quickly and easily modify organizational hierarchies. The new version also allows for new workflow creation, automatically updating any affected workflows as changes are made. The capabilities of CompensationXL 2.2 include additional column formatting, advanced password protection and enhanced reporting.
About HCR Software Solutions
Headquartered in Rochelle Park, N.J., HCR Software Solutions was formerly a division of The Janis Group, Inc. (JGI). The Company prides itself on its solid customer references, flexibility in meeting customer requirements, and unique approach to technology that maximizes impact and minimizes change management challenges. More information can be accessed at http://www.hcrss.com/.
Jeanne Achille
CEO
THE DEVON GROUP
494 Sycamore Avenue, Suite 202
Shrewsbury, NJ 07702
PH: 732-224-1000, ext. 11
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