Friday, August 31, 2012

HRchitect Closes First Half of 2012 with Record Results | HRchitect

HRchitect, the leader in end-to-end HR systems strategic consulting and the premier Human Capital Management (HCM) and Talent Management systems consulting firm reported a remarkable first-half of 2012 with an increase in revenue and project engagements that has surpassed projected goals by nearly 25%.

Financial Overview
HRchitect has also witnessed a nearly 35% increase of new client engagements as organizations continue to understand how to best manage talent through the use of technology. The driving financial success of 2012 year-to-date is also attributable to an influx of project engagements from existing signature clients, who identified a greater need to improve and streamline their Talent Management processes.

Industry Trends
The areas that have contributed most to HRchitect?s rapid growth are HR systems strategic planning and implementation-related projects. The industry continues to experience tremendous growth with organizations implementing new systems in record numbers?In the first-half of the year, some of the new clients that HRchitect has performed services for are Braun, Cerner Corp., Fujitsu Network Communications, General Atomics, Henry Schein, Juvenile Diabetes Research Foundation, Mozilla Corporation, Novo Nordisk, Regus Management Group, Republic Services, Valparaiso University, and many others. As has been the case every year since HRchitect started, many Texas-based organizations such as the North Central Texas Council of Governments, DRG Texas, Brinker International Restaurants, Energy Future Holdings, Zachry Corporation, Stage Stores Inc., Shermco, and many others have joined the growing list of clients that HRchitect services.

?This is an exciting time for HRchitect as we thrived in a down economy over the past couple of years and we are growing even faster now that the economy continues to show signs of improvement,? stated Matt Lafata, President of HRchitect. ?More organizations are willing to open their budgets and request HRchitect to help them understand the puzzling world of HR technology and how it can benefit their organization. In addition, the old adage that Texas companies love to do business with Texas companies certainly holds true as we continue to do more business in Texas than any other state.?

Repeat Business from Signature Clients
?Our ?Customer for Life? philosophy isn?t just something we talk about; we live it day in and day out,? stated Matt Lafata. ?We don?t want to do just one project for an organization and move on. We want to help organizations transform the way they attract, retain and manage people by building multi-year relationships with our clients and being intimately involved every step of the way.?

Lafata added, ?This is reflected in the fact that our clients come back to us, time and time again, before making any kind of decision around HR and talent management processes and/or technologies.?

HRchitect holds long-lasting relationships with many of their clients, and continually works on projects for some of their signature clients. Some of those who requested additional services from HRchitect in the first half of 2012 include 3M, Autodesk, Baker Hughes, Hyatt, Johns Hopkins Applied Physics Labs, Kindred Healthcare, Monsanto, National Oilwell Varco, Sony Computer Entertainment, and many others.

Matt Lafata continued, ?As we continue to work with our signature clients, we are enthusiastically accepting new project engagements in record numbers from organizations struggling to find the expertise needed to help them make the right decisions around HR and Talent Management technology,? said Lafata. As a result of the increase in projects, HRchitect continues to add additional staff to accommodate their clients? business needs.

Educational Programs
HRchitect continues to educate professionals in the HR technology industry by posting pertinent information on their blogs: HRtechnologyvendornews.com and the puzzlingworldoftechnology.com, as well as delivering educational content via web and in-person seminars. The HR technology Happy Hour WebMingle is a popular web radio show that is hosted by Matt Lafata & Tiffany Appleby. Every show feature guests from the HR industry, as they discuss current news and trends affecting business in HR. Upcoming shows will feature guests from HealthcareSource, Kenexa High Performance Institute (the R & D arm of Kenexa), cfactor, WorkForce Software and many others. The full schedule of educational events is available via HRchitect.com and archives of previous sessions along with whitepapers and vendor profiles are stored in the Industry Intelligence forum and available for download.

Tiffany Appleby, VP of Marketing and Strategic Alliances, who was honored this year as one of the ?40 Under 40? in Collin County stated, ?We take pride in helping to educate and share findings with the HR community that we consider relevant to HR professionals in their daily lives. The hope is that with the bits of pertinent information they gather from us, they will be better informed in making the right decisions regarding their HCM systems and processes which in turn will help them to gain a positive impact on their people and their businesses.?

As HRchitect proceeds on to the last-half of 2012, they are working at a steady pace for closing the year on yet another positive note.

For additional information, visit http://www.HRchitect.com or call 214-619-0888.

Source: http://hrchitect.com/hrchitect-closes-first-half-of-2012-with-record-results/

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