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. Our customers continue to benefit from our long proven history of unmatched customer satisfaction and Softscape's single HR platform for complete people management."