A New Age of Outplacement Process Management with RiseSmart Insight

Top Quote RiseSmart launches a full-transparency, high-security tracking and analytics application for HR teams, a system of record for real-time outplacement performance tracking and analytics. End Quote
  • (1888PressRelease) August 03, 2016 - RiseSmart, the leading provider of contemporary career transition services, unveiled RiseSmart Insight™, a system of record for real-time outplacement performance tracking and analytics. In the event of a layoff or workforce restructuring, RiseSmart Insight delivers on-demand data analysis that reflects the progress of impacted employees. RiseSmart's new application is the first and only outplacement solution with transparency throughout the entire process-not only improving oversight but giving HR teams the ability to track the return on their outplacement investment.

    "RiseSmart Insight takes the best of what we've learned about HR teams' needs over the years and simplifies and improves the process," says Sanjay Sathé, RiseSmart's founder and CEO. "Our new application lets HR work in real-time instead of having to download and manually manipulate raw data. It also offers an unparalleled look into the outplacement process through live updates and notifications on workflow, as well as the status of impacted employees. Accurate, on-demand analytics help HR professionals avoid digging for stale data in canned reports from legacy vendors."

    The portal delivers current, actionable outplacement metrics, such as employee engagement, landing rates and satisfaction scores-all viewed in an easy-to-navigate dashboard. The data is maintained in a collaborative workspace where administrators can review, analyze and comment on metrics. This information empowers HR managers and their teams to uncover meaningful data that drive business decisions and improve outcomes. Since managing the employer brand is a primary concern of most companies during a workforce transition, RiseSmart incorporated an "Alumni Sentiment Rating," which measures the impact of outplacement services on an employer's brand.

    "The datafication of the workforce continues, and software solutions make it increasingly easier to collect and report on that data," said Cliff Stevenson, principal analyst for workforce management at Brandon Hall Group. "But there is also the issue of how best to present and explain that data in a way that helps create change."

    Shri Iyer, RiseSmart's director of product management, adds "delivering data that provides HR professionals not just with numbers, but with insight, gives HR the power to make decisions that improve their processes before, during, and after a layoff-ultimately giving their organization visibility into HR's stake in the bottom line."

    The system also enables secure transmission of sensitive HR data and simplifies management of outplacement eligibility lists, which can be activated with the single click of button. HR professionals will benefit from added visibility into all aspects of outplacement activity, directly at their fingertips.

    "We are excited to know that our customers will be able to move at the speed of business and stay ahead of the competition with the latest in outplacement analytical capabilities," Sathé said.

    RiseSmart Insight is available to all RiseSmart customers at no additional cost and is localized for many of RiseSmart's global customers. Learn more about RiseSmart Insight at www.risesmart.com/outplacement/technology/insight

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