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Performance Management is Key to Generating Profit in Recession

Wednesday, September 16, 2009

SaaShr.com, a subsidiary of WebApps, Inc., and leading provider of Software as a Service (SaaS) with a major push in Workforce Management Solutions, has enabled partner Primepoint, LLC to take business intelligence and performance management to a new level for its clients. Primepoint, LLC enables organizations to take payroll, a primarily transactional process, and turn it into a strategic management tool. "Combining our solution with SaaShr.com's completes our offering and helps increase the speed at which payroll and payroll related expense data can be used for business analysis purposes," said Steve Usarzewicz, the Director of the Time and Labor Management Division at Primepoint, LLC.

Gartner, Inc. reported that the worldwide business intelligence (BI) platform, analytic applications and performance management software revenue reached $8.8 billion in 2008, a 21.7 percent increase from the 2007 revenue of $7.2 billion. "Traditionally, payroll is viewed by most organizations as a transactional process that has the end goal of producing an accurate pay check and a group of basic reports. Of course we accomplish that part of the process, but because our technology is different, Primepoint enables a great deal more capability that turns the process into a strategic management tool. We're enabling business owners and executives to use the payroll process to know exactly how much payroll and payroll related expense it takes to run a location, a department, or even create a product," said Victor Scire, VP of Marketing at Primepoint, LLC.

Article sourced from www.saashr.com, click here to read full story.

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