REDWOOD SHORES, Calif. — April 7, 2010 — Saba (NASDAQ: SABA), the premier people management software and services provider, today announced the upcoming general availability of Saba Impressions. Following closely on the delivery of Saba Compensation in February, Saba Impressions is another proof point that Saba is reinventing performance and compensation management to help customers drive real-time employee engagement in ongoing performance processes, making them more relevant and actionable. Unlike other performance management solutions that simply automate a tired and inflexible performance review process with bi-annual or annual reviews, Saba Impressions will provide an easy, ongoing means to provide continuous and timely feedback, while enriching formal performance, compensation, and succession decisions.
News Facts:
- Saba Impressions will deliver the real-time feedback, akin to the status updates found on social media sites, that is critical to rapid performance improvement. As quick and simple to use as Twitter, Saba Impressions will enable individuals across the organization to submit quick feedback on any individual, regardless of reporting structure or participation in a performance cycle. And unlike community feedback from other tools, the feedback from Saba Impressions will be able to be used to make immediate course corrections in development planning and other people management business processes to better inform formal processes such as performance, compensation and succession decisions.
- Saba Compensation drives better informed compensation decision-making by providing a more comprehensive view of employee contributions. Saba Compensation enables both compensation professionals and managers to make smarter spending decisions that improve performance, productivity, and talent retention rates. Among the innovations: direct access to multiple measures of success such as potential flight risk and job criticality from within the compensation allocation tool, providing the ability to identify contributions beyond the performance review score.
- Saba Performance and Saba Compensation are both part of a unified people management suite that also includes Saba Goals & Objectives, Saba Succession, Saba Workforce Planning and Saba Learning, and will include Saba Impressions.
Availability:
- Saba Impressions will be available this month as part of Saba’s unified people management solutions, delivered either in the Cloud or on-premise.
- Saba Compensation is available now as part of Saba's unified people management solutions, delivered either in the Cloud or on-premise.
Quotes:
“Continuous feedback is one of the hallmarks of excellent employee performance management,” said Josh Bersin, president of Bersin & Associates, a research and advisory firm focused on enterprise learning and talent management. “Saba Impressions will enable organizations to easily facilitate and capture ad-hoc and continuous feedback across an organization. This unique solution which demonstrates Saba’s vision for people management can help organizations of all sizes build a more dynamic and actionable process for performance management.”
“The delivery of both Saba Impressions and Saba Compensation will represent key milestones for Saba,” said Yvette Cameron, vice president and general manager, People Management, Saba. “Organizations are finding traditional performance processes just aren’t relevant or valuable to employees. We believe the combination of real-time, relevant feedback with rewards that can be directly tied to multiple measures of success is a one-two punch that can make the performance process relevant again.”
Supporting Links & Resources:
Saba Impressions
Saba Compensation
Saba Performance
Enterprise 2.0: Study Shows Adoption is Real
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Keywords:
Saba, Saba Software, Saba Impressions, Saba Performance, Saba Compensation, Talent Management, People Management, Employee Management, Performance Feedback, Performance Management, Saba Learning
About Saba
Saba (NASDAQ: SABA) is the premier provider of people management software and services that enable the people-driven enterprise. Saba's solutions help global enterprises and public sector organizations quickly respond and adapt to today's complex and rapidly changing environments.
Saba's people platform aligns and harnesses the expertise, skills, and ideas of an increasingly distributed and mobile work force. Working with Saba, organizations are able to align, engage, develop, mobilize, and foster collaboration across employees, customers, and partners in support of increased adaptability, rapid innovation, enhanced productivity, and speed to market.
Saba's solutions are used by more than 1,300 organizations and over 17 million end-users worldwide. Our solutions are available both on-premise and on-demand, and are underpinned by global services capabilities and partnerships that provide strategic consulting, comprehensive implementation services, and ongoing worldwide support.
As the acknowledged standard in people management, Saba's premier customer base includes the major global industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, packaged goods, and public sector organizations.
Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit www.saba.com or call +1-877-SABA-101 or +1-650-779-2791.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding the availability, features and benefits of Saba Impressions. Saba's actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties Saba faces that could cause results to differ materially include risks associated with: Saba's dependence on growth of the markets for Saba's products, dependence on acceptance of Saba's products by customers and channel partners, fluctuation in customer spending, length of Saba's sales cycle, competition, rapid technological change, dependence on new product introductions and enhancements and potential software defects. Readers should also refer to the section entitled "Risk Factors” on pages 12 through 23 of Saba's Annual Report on Form 10-K for the fiscal year ended May 31, 2009 and similar disclosures in subsequent Saba periodic SEC reports. The forward-looking statements and risks stated in this press release are based on information available to Saba today. Saba assumes no obligation to update them.
Any reference to future products, features or functionality is intended to be for informational purposes only. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any products, features or functionality described in this communication remains at the sole discretion of Saba and may change at any time, with or without notice.
Press Contacts
Saba
Jenni Adair
Director of PR and AR
650.696.1610
jadair@saba.com
Twitter: @SabaSoftware
Activa PR
Emma Rosen
415.385.2843
emma@activapr.com
Twitter: @emrosen
SABA, the Saba logo, Saba Centra and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners
