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Press Releases:

PerfectSoftware Releases New Version of Applicant Tracking System

Norwalk, CT - April 29, 2010 - PerfectSoftware, a leading HR and payroll software provider, announced today the release of a new version of its Applicant Tracking System, one of the integrated talent management modules within the Perfect Human Capital Management (HCM) Suite. This latest release includes new features that further streamline recruiting and on-boarding and facilitate participation in the recruiting process by multiple internal and external stakeholders.

"Applicant tracking systems serve a vital strategic role for organizations, helping them attract and hire the best talent. There are also significant benefits gained from the centralization of applicant data and elimination of redundant data entry," said Richard Allaway, Chief Operating Officer at PerfectSoftware. "The extended feature set delivered in this new release will allow hiring managers, external recruiters, internal employees and interviewers - all key stakeholders in the recruiting process - to effectively contribute to those goals."

Among the main enhancements is an expanded career portal, which serves as the central point of contact with prospective applicants and external recruiters. Using the portal, candidates can create and maintain their profile including contact information, work experience, education, skills, references, resumes and documents, and easily apply to job postings. External recruiters can maintain their profile and submit applicants for consideration.
Beginning with an open position, HR managers can now easily create and manage venue-specific job postings, linking postings to a specific public career site, internal employee portal and/or external recruiter. HR managers can also designate hiring managers and interviewers for involvement in candidate evaluation, tracking interview feedback, notes, and skill assessments throughout the process.

Improvements were also made to the applicant review interface, making it easier to manage large applicant pools and enable quick review and selection of top candidates. Once a hiring decision has been made, HR managers can hire an applicant with the press of a button, automatically generating the new employee record within HR.
Allaway added, "Applicant Tracking and the Perfect HCM Suite provide all the functionality needed to effectively manage the entire employee lifecycle. Our objective is to help organizations improve the quality of their hires while also streamlining and coordinating the process and creating efficiencies within their organizations."
The Applicant Tracking module is an integrated component of the Perfect HCM Suite, accessible via single sign-on. Software updates are administered remotely by PerfectSoftware so no in-house technical personnel are needed to manage the application.

About Perfect Software:
Founded in 1984, PerfectSoftware is a leading provider of comprehensive and flexible software to manage a company's most valuable asset - human capital. Delivered as a software-as-a-service (SaaS) or on premise solution, its software allows companies to make informed decisions about their business based on real-time information. The company's software solutions span the entire employee lifecycle and include Human Resource Information System (HRIS), Applicant Tracking, Payroll, Performance Management, Time & Attendance, Benefit Election & Enrollment, Salary Planning & Administration, Position Control, Alerts, Employee! Self Service, COBRA Management and Ad Hoc Reporting.

For more information on PerfectSoftware's products and services, please visit http://www.perfectsoftware.com.

Media Inquiries Contact:
Vernon S. Howard
Sales & Marketing Support
203.852.9100 x109



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