SuccessFactors, a provider of on-demand performance and talent management systems, has announced that Orion Bank has selected its Professional Edition offering for small and mid-sized businesses to support performance and goal management, and employee development.
All Orion Bank employees will use SuccessFactors, with plans to implement SuccessFactors’s compensation management system in the future.
Stacy Byers, executive vice president and chief people officer of Orion Bank, said: SuccessFactors provides the tools and processes that are both meaningful and scalable for our organization. We look forward to implementing compensation management solutions sometime in the future, which will provide our managers with even more support to help them identify and reward their strongest performers.
Shelly Davenport, general manager for small business at SuccessFactors, said: Orion Bank is an excellent example of how a community bank is committed to a strong employee performance management process. SuccessFactors Professional Edition can serve as a critical enabler to help companies accelerate their success and performance. Because it is a one-stop shop, performance information is much more organized and accessible, and it results in reviews that are much more eye-opening and effective.