Synygy Provides the Power for New Incentive Compensation System at Kforce
Chester, Pa., April 11, 2011 —Synygy Inc., the largest and most experienced provider of incentive compensation management (ICM) software and services, today announced that Kforce Inc., one of the nation’s leading professional staffing and solutions firms, is utilizing a Synygy-hosted system to manage its incentive compensation program.
“We needed a powerful platform that was also flexible and user friendly to more efficiently manage multiple plans and support future growth,” said Dave Kelly, Kforce’s senior vice president of Finance and Accounting. “Synygy helped us automate an incentive compensation program where all of our plans are handled through a single system that we can configure and manage ourselves.”
Synygy’s ICM software, which can be deployed either on demand or on premise, can be configured for any compensation plan for any company in any industry without writing any custom code. Currently supporting the processing of billions of data transactions and the management of variable compensation for tens of thousands of plan participants worldwide, Synygy’s software sets the benchmark for technology leadership with an unrivaled combination of functionality, performance, flexibility, scalability, and ease-of-use.
“Like several of Synygy’s clients, Kforce is planning to become completely self-sufficient in operating the system. Synygy’s team worked alongside Kforce staff throughout the initial implementation project to facilitate a rapid handover,” said Mark A. Stiffler, Synygy’s president and CEO. “We look forward to assisting Kforce with bringing more plans online in further upcoming phased-implementation projects.”
About Kforce
Kforce (Nasdaq:KFRC) is a professional staffing and solutions firm providing flexible and permanent staffing solutions in the skill areas of technology, finance and accounting, and health and life sciences and government solutions. Backed by approximately 2,100 associates and approximately 10,400 consultants on assignment, Kforce is committed to "Great People = Great Results" for our valued clients and candidates. Kforce operates with 65 offices located throughout the United States and two offices in the Philippines. www.kforce.com
About Synygy
Synygy Inc. is the largest and most experienced provider of sales compensation management and other sales performance management (SPM) software and services. These include SPM solutions for: sales compensation management (incentive compensation; rewards and recognition; and total compensation); sales communications management (web portals; reports and analytics; and dashboards and analyses); sales goals management (territories and channels; budgets and quotas; and objectives); and sales process management (staffing processes; data repository and data processes; and workflow processes). Based in Chester, Pennsylvania, with extensive operations in Europe and Asia, Synygy has achieved 20 continuous years of success. www.synygy.com
