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Premier Inc Automates their Compensation Management Processes, Chooses HCR Software's CompensationXL Product
Date:7/16/2008

mier’s choice, “With CompensationXL our managers are able to plan in Excel using existing and familiar spreadsheets, while drastically reducing both the training required as well as the fear and resistance normally associated with a new system. Investment was also a significant factor, and HCR delivered excellent value in terms of both licensing and implementation fees compared to other vendors we looked at.”

Premier chose CompensationXL to eliminate the current administrative burdens for Compensation and H.R., allowing them to focus more on strategic matters. They also expect to reduce the burden on managers who will gain extensive financial modeling capabilities via an intuitive interface.

Bernstein said, “Now all levels of management can view their entire domain throughout the process with no manual intervention. Hundreds of error prone manual aggregations just disappear, and the time managers need to devote to the process shrinks dramatically. Plus, managers can individually pull down comp statements for their employees, eliminating what was another labor intensive administrative task.”

While many vendors arguably spread themselves too thin pursuing the elusive holy grail of integrated talent management, HCR continues to make inroads focusing strictly on http://hcrsoftware.com/index.php?option=com_content&task=view&id=18&Itemid=33 [compensation management.

Says President and CEO Jamie Davis, “We are excited to welcome Premier as a client and add them to our growing list of satisfied PeopleSoft customers who have chosen to augment their HRMS with HCR’s best of breed compensation management solution. We are pleased to welcome Premier to our growing list of satisfied clients.


About Premier Inc., 2006 Malcolm
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