Taleo Releases Business Edition 7 As Global Demand Increases From Small and Mid Sized Organisations

Small to mid-sized businesses across Europe, the Americas, and Asia select Taleo Business Edition 7 to automate talent management processes

New release delivers several key enhancements and functionality including expanded configurability

Taleo Corporation, the provider of talent management solutions, today announced the release of Taleo Business Edition 7, its on demand talent management solution designed specifically for small and mid-sized businesses. In 2005 alone, 225 organisations selected Taleo Business Edition as their talent management solution of choice, with 65 companies opting for the solution in Q4 alone.

Taleo also announced it has completed the data migration of all Business Edition customers to its world class datacenter. With this migration, Taleo is the only talent management company to provide an on demand infrastructure that delivers industrial strength, security, reliability and scalability to customers of all sizes. Servicing 6.8 million employees across global organisations, Taleoís On Demand Infrastructure is built to the highest standards and supports all of its customers in two data centers in New York and San Jose.

Taleo Business Edition is a low cost, highly configurable solution that allows small and mid-sized organisations to automate the sourcing, assessment and selection of talent. Available immediately, Taleo Business Edition 7 is designed for companies with less than 2,000 employees. More than 80 percent of Taleo Business Edition customers are up and running in a matter of days.

Earlier this year, Taleo Business Edition was named a finalist in the 2006 Codie Awards program, presented by the Software & Information Industry Association (SIIA). Taleo Business Edition is the only talent management solution finalist in the ìBest Human Resources Productî category.

Global Demand Increases for Taleo Business Edition
Taleo also announced a marked increase in global demand and momentum for Taleo Business Edition, as organisations worldwide continue to select the solution to automate their talent management processes. New customers include Corel, Sega, Sumitomo Bank, Atari, Quest Software, Barton Brands, and many others across all industries. Adoption throughout Europe has also increased, with 16 organisations including Annington Ferraday, World Economic Forum and Conexia opting for Taleo Business Edition.

ìWith Taleo Business Edition, we are able to fill jobs faster with less paperwork and better results,î said Nathanial Annington, of Annington Ferraday Recruitment. ìTaleo Business Edition has allowed us to cut costs and improve the quality of our hiring process. ìWe chose Taleo Business Edition because itís fast, affordable, and easy to configure to our business needs. Taleo Business Edition gives us an edge in todayís economy by allowing us to increase the efficiency of our overall talent management process.î

ìThe significant global adoption of Taleo Business Edition reflects our increased investment in international markets and our dedication to delivering comprehensive solutions not only to large companies but the small and mid-sized market as well,î said Michael Gregoire, president and CEO, Taleo. ìIn just a year, we have amassed more than 225 Business Edition customers, which validates our global leadership position. Furthermore, the recent data center move for our Business Edition customers makes us the only talent management company to provide customers with this level of infrastructure investment. Large or small, we are committed to delivering the most comprehensive and available talent management solutions that drive business performance for all of our customers.î

Expanded Configurability
Taleo Business Edition 7 includes many new and enhanced features to help customers continue delivering superior recruiting and business performance with Taleo. Taleo Business Edition 7 takes configurability capabilities to a new level and allows customers to extend their HR programs to manage data and processes beyond hiring to other areas of talent management, including employee evaluations.

Now, users can create their own tabs and define new applications within Taleo Business Edition. Users can replace spreadsheets, outdated desktop applications, and email-based processes with their own shared on demand applications that have all of the collaboration, reporting and data sharing capabilities that users have already experienced with Taleo Business Edition. No other talent management solution on the market today offers a comparable level of configurability capabilities, which now come as a standard feature with all Taleo Business Edition service levels.

Other highlights of Taleo Business Edition 7 include:

Application Views
With Taleo Business Edition 7, multiple tab layouts can be created and assigned by role and by user. By creating these different ìApplication Viewsî for different groups based on functionality, users can organise Taleo Business Edition into discrete on demand applications for Recruiting, Employee Management, Time & Attendance, Performance Reviews, Special Projects and others.

Duplicate Record Merging
Taleo Business Edition 7 delivers improved data and reporting accuracy, with the ability to merge two or more candidate records into one. Users can select which fields in each record should be maintained in the resulting merged candidate record. All related list data such as comments, interviews, feedback, attachments, history, etc, from all merged records are combined into the single resulting candidate record to avoid data loss.

Pricing and Availability
Taleo Business Edition 7 is available immediately. Pricing for Taleo Business Edition starts at 60 per month for the Personal Edition. A free 30-day trial is available online by visiting http://www.taleo.com/solutions/business-edition-30daytrial.php.