StepStone expands product portfolio into online


 

TIDMSTPS 
 
RNS Number : 6130Y 
StepStone ASA 
07 September 2009 
 

StepStone expands product portfolio into online business 
 
 
London, 7 Sept 2009 - StepStone (LSE: STPS / Oslo Børs: STP.NO)  is opening a 
new market for its enterprise technology by introducing an innovative web-based 
service for companies looking to improve their hiring processes. Candidate 
Tracker, which represents a major investment and potentially significant new 
revenue stream for the company, enables customers to purchase access to 
functionality previously only available in StepStone's e-recruitment products on 
a listing by listing basis, to post listings to multiple job-boards and manage 
all responses in one place for a single, fixed fee. It will be sold via 
StepStone's online sales teams across Europe and made available to the 
approximately 16,000 existing businesses that use StepStone job boards to find 
and hire new staff, as well as to new customers. 
 
 
"Candidate Tracker brings us substantial, incremental revenue opportunities from 
our many job boards across Europe using technology originally developed for our 
enterprise customer base," said StepStone CEO, Colin Tenwick. "This gives us a 
significant cross-selling opportunity into a very large and well-established 
customer base and allows companies of any size to trial the benefits of our 
enterprise technology on as little as a single job vacancy posting." 
 
 
Candidate Tracker, which is the result of an eighteen month development effort, 
will make life easier for recruiters and hiring managers by automating much of 
the administration in hiring staff, from posting a new job on multiple online 
sites to managing the offer process. Candidate Tracker also radically improves 
the job seeking experience for applicants by improving the feedback between 
recruiter and candidate, automatically keeping them updated on their application 
progress. 
 
 
Candidate Tracker is launched today and available immediately in eight 
languages, both for customers using one of StepStone's many jobsites and for 
companies looking for a service to help manage all online sources of candidates. 
Candidate Tracker can be simply and seamlessly upgraded to StepStone's 
enterprise level e-recruitment solutions - technology that is used by over one 
thousand of the world's most successful companies. 
 
 
About StepStone 
 
 
StepStone helps businesses get increased performance from their people, helps 
them build and develop global talent pools, and helps people find new jobs that 
match their talents. Across the world thousands of organisations rely on 
StepStone every day to improve their business performance and talent development 
strategies while millions of people rely on StepStone to improve their careers. 
StepStone delivers world class technology and services for finding, recruiting, 
retaining, managing and developing talented people. 
 
 
StepStone operates some of Europe's largest talent networks, accurately matching 
employers with potential employees, and provides a complete suite of Human 
Capital Management software solutions. StepStone's on-demand (SaaS) software and 
services enable organisations to implement efficient processes, including; 
attraction and hiring, post-hire talent management, performance management, 
compensation management, skills and competency management, career and succession 
planning, training and development management. 
 
 
StepStone was founded in Norway in 1996 and listed on the Oslo Børs (Ticker@ 
STP.NO) in 2000 and the London Stock Exchange (LSE: STPS) in 2008. At the end of 
June 2009 more than 1,600 organisations, including many of the world's leading 
businesses, use StepStone software and services.  It operates in 17 countries 
and employs around 800 people.  Its global customers include Aviva, Deloitte, 
Deutsche Telekom, Lufthansa, McDonald's, Puma, ThyssenKrupp and Volkswagen. 
 
 
For more information see: www.stepstone.com 
 
 
Andrew Rodaway 
Director of Communications 
StepStone 
+44 7540 666439 
Andrew.rodaway@stepstone.com 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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