InVision Software Wins German Innovations Award for Best HR Solution
InVision Software, a leading international provider of enterprise-wide workforce management solutions, has received the human resources ‘Innovationspreis 2008’ award sponsored by Initiative Mittelstand, the German Association for Small and Medium-sized Business. With its software solution, InVision Enterprise WFM, the Germany-based IT company successfully saw off the challenge of almost 50 other companies in the human resources category. In total, more than 1,600 companies took part in this year’s competition. The ‘Innovationspreis’ has been presented every year since 2004 at the Hanover CeBIT exhibition, the world’s largest trade fair for IT and telecommunications. The prize acknowledges innovative IT and communication products for small and medium-sized enterprises (SMEs).
The independent jury, consisting of professors, industry experts and business journalists, singled out the following strengths as the reasons why InVision’s software was best product in the HR category: its high degree of innovativeness, its cost-performance ratio and its suitability for SMEs. With InVision Enterprise WFM, small firms, medium-sized companies and big corporations are able to optimise their staff planning system and thus reduce labour costs, increase productivity, improve employee satisfaction and boost revenue by leveraging better customer service.
“We are proud to receive the ‘Innovationspreis 2008’. This mark of recognition confirms our previous successes and is a strong motivation for us to continuously add to our solution and to offer its benefits to all kinds of businesses,” commented Peter Bollenbeck, CEO of InVision Software. Although many companies are familiar with software such as ERP, CRM or HR management for optimising different operational processes, they often resort to pen-and-paper or simple systems such as spreadsheets or ad-hoc, unintegrated time and attendance solutions when it comes to staff scheduling. The consequences are often detrimental and can include expensive overtime payments, unproductive idle time, high rates of staff turnover, poor customer service and untapped revenue potential. This is where workforce management comes into play: By optimising, standardising and automating staff planning, InVision Enterprise WFM helps to assign employees to tasks according to real requirements. Workforce management can be put into practice in nearly any department within a company and leads to tangible benefits as well as to a clear return on investment.
Under the patronage of Dr. Andreas Pinkwart, Minister of Innovation from the federal state of North Rhine-Westphalia, a total of 33 category winners and 16 winners from Germany’s different federal states were awarded the ‘Innovationspreis 2008’. At the award ceremony that took place yesterday at the CeBIT stand of the state of Baden-Wuerttemberg the jury also presented two participants from Switzerland and Austria with special awards.