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HAYS BRINGS DISRUPTIVE INNOVATION TO THE WORLD OF HUMAN RESOURCE VENDOR MANAGEMENT

18th April, 2012

Hays is bringing a cloud-based solution to market that is challenging the status quo, offering a step-change in usability and value.

3 Story Software, a Hays company, is a compelling Software as a Service solution for the procurement and management of contingent labour, which also expands into adjacent services such as complex project services, continuous services and permanent recruitment. It allows clients, suppliers and candidates to collaborate securely on an easy-to-use web-based platform.

Uniquely in its competitive landscape, the 3 Story Software has focused on ease of use and ease of deployment without compromising on capability. The software can be easily configured to individual company requirements and interfaces with a number of different systems.

Integrating with the clients’ ERP system through its modern web services architecture, 3 Story Software rapidly becomes a key driver of efficiency and billing accuracy. The platform measures cost, delivery performance and quality across different types of services. Hundreds of user defined reports are available for all the relevant stakeholders.

3 Story Software leapfrogs old Vendor Managed Service technology offering a flexible deployment model that can be configured to suit, with a user-centric design and intuitive features, which are accessible via multiple channels. It can also handle complex workflows within different divisions, a variety of languages and currency changes. These can all be configured as required by the customer, helping them to avoid further costly and lengthy development items.

Tim Cook, Group Digital & Innovation Director at Hays, says: “This is real disruptive innovation in the world of human resource vendor management. Hays is at the forefront of technology innovation for our industry and our decision to go to market as a pure play software division is evidence of this. Corporates, MSP and RPO providers all benefit from being able to manage the entire workforce on one easy-to-use configurable platform.

Our development team in the US are constantly working on ways to further develop the potential of the software, bringing together Hays’ vast recruiting expertise with world class software engineering to create a unique solution that offers significant time and cost savings from the outset.”

For more information on 3 Story Software, visit: www.3storysoftware.com 

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About 3 Story Software
3 Story Software is a wholly owned subsidiary of Hays, the leading recruiting expert. Hays plc (the "Group") is a leading global professional recruiting group. It offers a multi-tenant solution with self-service management information that is scalable and can be easily configured to meet the company’s individual requirements. It uses a modern integrated platform and a formal programming framework that allows rapid application development.

About Hays
Hays is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments.

As at 31 December 2011, the Group employed 7,988 staff operating from 247 offices in 32 countries across 20 specialisms. For the year ended 30 June 2011:
– the Group reported net fees of £672 million and operating profit (pre-exceptional items) of £114 million;
– the Group placed around 60,000 candidates into permanent jobs and around 190,000 people into temporary assignments;
– 31% of Group net fees were generated in Asia Pacific, 33% in Continental Europe & RoW (CERoW) and 36% in the United Kingdom & Ireland;
– the temporary placement business represented 54% of net fees and the permanent placement business represented 46% of net fees
– Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, China, Chile, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the UK and the USA

For further press information please contact:
Claire Fowler
Hays
T. 020 7259 8821
E. claire.fowler@hays.com

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