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The Timken Company Selects SuccessFactors To Transform HCM Processes

Stocks in this article: TKR

SAN MATEO, Calif., Oct. 25, 2012 /PRNewswire/ --  SuccessFactors, an SAP company and leader in cloud-based business execution software, today announced that The Timken Company will implement the SuccessFactors Business Execution Suite (BizX), including Employee Central, to integrate its people-related processes and systems across its global operations. Timken is an industrial technology leader that designs, manufactures and markets mechanical components and high-performance steel to diversified markets around the world. While looking to move to the cloud in a non-disruptive manner, the company selected the cloud solution based on rapid time-to-value and a seamless and effective combination of SAP and SuccessFactors. Moving from a legacy HR system, SAP and SuccessFactors give Timken the ability to focus on the most impactful transformation first — talent management. As a second phase, Timken plans to move core HR to the cloud, supporting a global workforce of 21,000 operating from 30 countries.

(Logo: http://photos.prnewswire.com/prnh/20120216/SF54674LOGO)

An SAP customer for 14 years, the selection of SuccessFactors extends the current Timken enterprise resource planning (ERP) platform with broad, unprecedented human capital management (HCM) capabilities. The new system includes a cloud-based platform that combines mobile and social capabilities while driving efficiency through an intuitive user interface (UI). SuccessFactors BizX Suite powered by the SAP HANA® database shortens task completion from weeks to minutes. Additionally, SuccessFactors' "glocal" approach is well-suited for the company's global workforce, which requires a comprehensive system of records fine-tuned to meet local needs. The full suite is expected to be deployed to the entire workforce by first quarter of 2014.

"The implementation of SuccessFactors BizX Suite enables Timken to benefit from the flexibility of the cloud while further aligning its workforce to the company's overall business strategy," said Philip Carty, senior vice president of global sales, SuccessFactors. "A lot can change in 14 years, and our powerful yet agile offerings will continue to build on the strength of our long-term relationship."

"Just as Timken applies engineering know-how to improve the reliability and efficiency of our customers' applications, we intend to use the information derived from a single and robust HR system to further optimize the effectiveness of our very talented team," said Don Walker, senior vice president of human resources and organizational advancement at Timken. "The features of the SuccessFactors software match well to the goals of this global project and will provide a robust infrastructure that enables a more integrated and consistent approach to the business processes that support talent management."

SuccessFactors is the only talent management vendor that provides a complete SaaS-based set of talent solutions, core HR, collaboration, recruiting, learning, workforce analytics and workforce planning.

About The Timken Company

The Timken Company (NYSE: TKR; www.timken.com) engineers, manufactures and markets mechanical components and high-performance steels. The company designs its engineered steel bars and tubes and bearings—as well as gears, chain, and related products and services—to improve the reliability and performance of machinery across diverse markets worldwide. With sales of $5.2 billion in 2011 and approximately 21,000 people operating from 30 countries, Timken makes the world more productive and keeps industry in motion.

About SuccessFactors, an SAP Company

SuccessFactors is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 35 languages.

It's Time to Love Work Again. Follow us: http://twitter.com/SuccessFactorsLike us: http://facebook.com/SuccessFactors

For media inquiries: Bri Vorse+1.650.425.0278 bvorse@successfactors.com

SOURCE SuccessFactors

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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