TalentSoft, the industry pioneer in SaaS-based Integrated Competency and Talent Management, announces its association with RFlex, a market leader in e-HR solutions.
This alliance creates a dominant European player, a force to be reckoned with in the HR software market, a natural partner for multinationals seeking to cover their entire talent management cycle.
Following the 3 million-euro fundraising initiative in January 2011, this merger confirms the intention of TalentSoft and its shareholders, Seventure Partners (Natixis Private Equity) and Alto Invest, the contractual parties in this association, to support the company's rapid growth in France and internationally.
This new organisation retains the name of TalentSoft, and accounts for a consolidated turnover of over 10 million euros. TalentSoft moves up to become one of the top SaaS software publishers in Europe.
"We were attracted by the professionalism of the RFlex teams, the calibre of their clients and the satisfaction levels they expressed. With the combined expertise of more than 100 employees, the merger with RFlex enables us to step up our European and international expansion, while at the same time enriching the recruitment management and mobility functions of our solution. The TalentSoft solution now manages 2 million employees across 50 countries and 17 languages," says Jean-Stéphane Arcis, CEO of TalentSoft.
"We were impressed by the flexibility and range of features of TalentSoft’s applications. We wanted to join forces with a recognised player in the Talent Management field, so that we could enrich our current solutions and give our clients the most complete and integrated offer on the market. We felt TalentSoft stood out because of the perfect synergy between our respective teams and software. In addition, TalentSoft impressed us with its proficiency in international deployments and its market leadership in terms of SaaS and cloud optimisation. I am convinced this association will be a real asset for all our clients," says Frédéric Lapras, CEO of RFlex.
RFlex and TalentSoft share the same vision for talent management, placing the development of employees and their skillsets at the heart of companies’ HR policies. Today clients can access the unique know-how of a team of more than 100 employees from the two founding companies dedicated to their human capital management projects.
The association between these complementary key providers has created a player of critical size, delivering an offering which covers a wide range of functions. This clearly addresses the Integrated Talent Management needs of multinational companies seeking to manage internal competencies and attract new talent.
Using the same Microsoft technical platforms, TalentSoft and RFlex work with a large number of clients, including major international groups such as Accor, Air Liquide, Bata, Clarins, Euromaster, HSBC, McDonald’s, Total and Vinci. The two firms also share a number of clients such as Aéroports de Paris, Bolloré, Elior, La Française des Jeux and LaSer. From early 2012 onwards, all clients will enjoy the use of modules which are functionally integrated and share consistent ease of use, cloud access and data models.
“We will maintain and enhance, the best features from our current solutions, whether related to recruitment, internal mobility or competency management, placing them within a single platform. This application suite will offer our clients complete coverage for their HR processes and optimal control in terms of planning and simulation", explain both CEOs.
> A consolidated turnover of more than 10 million euros
> An overall workforce of more than 100 employees
> Users of the solution in more more than 50 countries and 17 languages