National real estate development and property management company engages new hires with innovative portal
San Diego, CA —June 28, 2010— Cytiva Software Inc. (CRX;TSX.V), a leading provider of Software as a Service (SaaS) onboarding software, announced today at the SHRM Conference and Exposition the release of a new case study detailing The Shelter Group’s lessons learned from their two years of using the SonicOnboard Onboarding portal.
With over 2,000 employees and nearly 1,000 new hires annually spread across 67 properties in 11 states, The Shelter Group used to struggle to manage the volume of work associated with onboarding new employees.
This new case study shows how SonicOnboad new hire onboarding software supported The Shelter Group’s efforts to reduce costs, speed time to productivity and reinforce The Shelter Group’s unique culture.
Some of the highlights include:
• Six figure annual reduction in costs
• Significant reduction in errors associated with manual process
• Measurable increase in time to productivity
• Reinforcement of employment brand from career site through onboarding
While onboarding solutions have been around for a few years, SonicOnboard is representative of a new breed of software that automates the socialization of new hires along with the tasks and forms associated with onboarding. Through a fully brandable, media rich employee portal, SonicOnboard helps organizations deliver their unique mission, values and culture to new hires from “offer accepted” through to “productive employee.”
“I would guess we are saving around $100,000 annually with SonicOnboard,” said Vicki Kramer, Career Service Manager at The Shelter Group. “And I frequently have new employees tell me how impressed they are with our onboarding. That’s a win-win.”
“The Shelter Group is a great example of a company that understands the potential of onboarding software,” said Jason Moreau, CEO of Cytiva. “They are one of our many clients that have helped us make SonicOnboard such a respected solution in the market.”
The Shelter Group acquired both SonicOnboard and SonicRecruit, Cytiva’s robust talent acquisition system and rolled out both products simultaneously.
About The Shelter Group
The Shelter Group is a national real estate development and property management company specializing in multi-family and senior living communities. From its founding in 1977, the value of Shelter’s development portfolio has grown in excess of $1 billion and the size of its management portfolio and quality of its people make it among the country’s most respected property management companies. The firm’s portfolio contains a broad range of properties in diverse settings, including conventional and affordable apartment communities and, through its Brightview Senior Living division, service-rich independent and assisted living communities for seniors. For more information on The Shelter Group and its operating companies, please visit www.TheShelterGroup.com.
About Cytiva Software Inc.
Cytiva Software Inc. (CRX:TSX.V) provides innovative Software as a Service (SaaS) talent management software and services to mid-sized and Fortune 500 companies. Its flagship recruiting software product, SonicRecruit, allows corporations to screen applicants, automate recruiting departments, customize corporate career sites and hire great people. This premier applicant tracking software improves recruiting effectiveness, speeding up the hiring process and reducing cost per hire. Cytiva’s SonicPerform employee performance evaluation software automates employee evaluations, aligns employees around key goals and encourages year round feedback. And, Cytiva’s SonicOnboard onboarding solution helps organizations get their new hires productively contributing faster. For more information, visit http://www.cytiva.com.
e-mail protected from spam bots
The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.
Forward-looking Statements: This news release contains forward-looking statements related to the future financial condition and results of operations of Cytiva and One45, which Cytiva is proposing to acquire. These statements are based on current expectations and estimates about the human resources markets in which both Cytiva and One45 operate and management’s beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. Some of the factors which could cause results or events to differ materially from current expectations include but are not limited to: general economic conditions, market or business conditions; changing competitive environment; changing regulatory conditions or requirements; changing technology; and success in implementing productivity initiatives. In addition, the acquisition of One45 by Cytiva is subject to various conditions, including a due diligence review, the entering into of a formal share purchase agreement and regulatory approval. Some of these factors are largely beyond the control of Cytiva. Should any factor impact Cytiva in an unexpected manner, or should assumptions underlying the forward-looking statements prove incorrect, the actual results or events may differ materially from the results or events predicted. All of the forward-looking statements made in this document are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by Cytiva will be realized or, even if substantially realized, that they will have the expected consequences for Cytiva. Readers should not place undue reliance on any forward-looking statements. Further, Cytiva disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future events, or any other occurrence.
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.