Excentive Announces Successful deployment of Its Total Compensation Management Solution at Stryker
Leading compensation systems provider Excentive announced that it has successfully deployed its Total Compensation Management software solution at Stryker EMEA, reflecting the success of both its innovative technology and its globalization strategy.

DEERFIELD, IL, July 30, 2010 /24-7PressRelease/ -- Excentive, the leading global provider of Total Compensation Management (TCM) solutions, today announced the successful deployment of its solution at Stryker EMEA. A Fortune 500 company headquartered in Kalamazoo, Michigan, Stryker is one of the world's leading medical technology companies.

Stryker EMEA decided to start the execution of this Total Compensation Management vision with its salary review process, before extending to other aspects of compensation such as bonus and commissions. The Human Resources group at Stryker wanted to empower the business managers by bringing salary review back to what it was meant to be: an efficient management tool, operated first-hand by the managers themselves. "One of our goals clearly was to transform administrative tasks into strategic actions that have a measurable impact on the business," says Bertrand Flueck, HR Practices Director at Stryker.

Stryker EMEA defined and implemented one single unified process, sophisticated enough to satisfy the various requirements from all countries, divisions and functions, but simple enough so that it can be completed easily and quickly by each manager. With that unified and standardized global process, well-accepted by all managers, Stryker claims a strong return on investment as demonstrated by a review process that closed 65 days faster than in the past, and with better control over financials and quality.

Flueck explains that Stryker EMEA chose the Excentive solution because of its flexibility to address all of their requirements, its ease of use, its capability to integrate with Oracle applications, and its speed of deployment. Indeed, Excentive was rolled out to its final business users less than 2 months after the selection.

"We are very happy to welcome Stryker EMEA to our growing list of customers. It is further evidence of the successful execution of our globalization strategy initiated last year," concludes Fabio Ronga, CEO of Excentive International. Excentive's customer list already contains many Global 500 companies and well-known names such as Orange, Barclays, Renault, Sanitas, Groupama, Canon, Casino and Banco Popolare, and includes customers across all industry categories.

Press Release Contact Information:

Jeffrey Yoder
Excentive
VP Marketing
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Deerfield, IL
USA 60015
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