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Date Posted: 2/24/2010

Lawson Software Updates and Enhances Lawson Talent Management


Enhanced Functionality Helps Increase Managerial Efficiency by Linking Employee Development to Business Strategy
 
 
ST. PAUL, Minn.--(BUSINESS WIRE)--Lawson Software (Nasdaq:LWSN - News) today released the latest version of the Lawson Talent Management Suite, an enterprise software suite that is part of the Lawson Strategic Human Capital System. The new version (3.3) includes a number of enhancements to the Learning and Development, Global Human Resources, and Talent Acquisition applications.

The new features in Learning and Development help streamline the learning process and support managers and employees in defining career and learning goals. The new version offers enhancements that help managers link development and performance management activities to employee goal data. This helps provide employees with a clearer view of any gaps in their current competencies and skills. It also helps them see what areas need development for future career opportunities.

For managers, the new features also help deliver critical oversight of development initiatives, including cost containment, which is especially relevant in the current economic climate. Lawson Talent Management version 3.3 also introduces a new Learning Manager Home Page, which creates graphical views that help managers evaluate workforce performance and activity. The new version additionally helps maximize efficiency by helping to automate developmental budgeting and combine development requests and registration processes into one activity.

“Lawson Talent Management continues to help connect our customers’ workforces with their business objectives,” said Larry Dunivan, general manager, Strategic Human Capital Management, Lawson. “The latest update is a result of feedback we’ve received from our customers and demonstrates our dedication to enhancing the user-friendliness and value of our talent management capabilities. With these updates, our customers can use the same competency repository that is used during recruiting to also help them manage performance appraisals. This helps streamline processes and enables organizations to build a stronger and more competent workforce tomorrow.”

Lawson Talent Management combines core human resources applications with a variety of talent management solutions. It provides organizations and business managers with valuable insights into workforce needs and allows them to design actionable plans that tie directly to the organization’s business strategy.

About Lawson Software

Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.

Forward-Looking Statements

This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries and other risk factors listed in the company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.
 
 


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