Workstream Releases New Performance Management System

February 24, 2006 ( - Workstream Inc. has announced the release of Workstream Performance 6.0, now generally available either as part of the Workstream TalentCenter suite or as a stand-alone solution.

According to the announcement, its features include the ability to track employee performance against organizational goals, using multiple types of employee appraisals, including 360 degree appraisals, that leverage hundreds of roles and common job profiles and utilizes an extensive competency dictionary with over 9,000 competencies.

In addition, the new application can be deployed to handle European, Latin-based and Asian languages, integrated with other applications such as Workstream Compensation to create a complete Pay-for-Performance solution, and integrated with other major ERP systems, including SAP and Oracle-PeopleSoft.

Customers can configure and administer the systems themselves, without IT intervention, the company claimed

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