Benefitfocus and SuccessFactors Announce Strategic Partnership to Provide End-to-End Core HR and Benefits Solutions in the CloudBenefitfocus Release
Charleston, S.C. and San Mateo, Calif. - March 13, 2012 - Benefitfocus and SuccessFactors, an SAP company, are teaming up to deliver a full suite of cloud-based benefits, core human resources (HR) and talent management solutions. Today the two companies announced a strategic partnership, bringing employers an end-to-end human capital management (HCM) solution from the leading provider of business execution software and the country's largest benefits technology company.
Through this go-to-market alliance, Benefitfocus and SuccessFactors become each other¡¦s preferred strategic partner for benefits management and human resource management, respectively. BENEFITFOCUS HR InTouch and SuccessFactors Employee Central will complement each other to create an integrated HR and benefits management suite.
"SuccessFactors and Benefitfocus share a common philosophy - that HCM technology must go beyond basic automation and solve real, advanced business needs¨ said Mercedes Ellison, Vice President, Global Alliances and Channels, SuccessFactors. "Both SuccessFactors and Benefitfocus are committed to not only providing a seamless core HR and benefits administration experience for employers, but also actively engaging and empowering employees in the processes that matter most to their careers and well-being.¨
SuccessFactors Employee Central is a global system of record that combines employee talent, profile and core HR information for every worker in an organization. It includes powerful analytics and social collaboration capabilities that enable employees to network and share knowledge around common projects, and across functions or locations. Adding to that, Benefitfocus HR InTouch provides cloud-based enrollment, employee communication, benefits education and HR management for all benefits, creating a better way for companies to engage and educate employees.
"Our partnership with SuccessFactors is creating something totally unique in the marketplace,¨ said Nancy Sansom, Benefitfocus SVP of Product Design and Marketing. "We are both focused on building the best user experience for employees ¡V whether through a benefits marketplace in HR InTouch or collaborative social networking in Employee Central. By working together, we are taking our commitment to the next level by making it even easier for employers to manage all of their information in one place. We are very excited about a partnership that will bring a new level of agility and usability to HR management.¨
Employee Central will become the single destination where employees will be able to access all of their HR, employment and benefits information. The SuccessFactors and Benefitfocus offering will be available to the market in Spring 2012.
**About SuccessFactors, An SAP Company
**SuccessFactors, an SAP Company, is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 35 languages.
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**Benefitfocus is the largest benefits technology provider in the U.S. More than 15 million consumers, 300,000 employers and 60,000 brokers use our cloud-based platform to shop, enroll, manage and exchange all their benefits in one place. From consumer engagement and education to enrollment, communication and billing, Benefitfocus is helping companies find a better way to manage their benefits. For more information, visit www.benefitfocus.com Benefitfocus ¡V All Your Benefits. One Place.
SuccessFactors, an SAP Company