Frankfurt, January 23, 2012: The management and technology consulting firm BearingPoint decided to roll out beqom Compensation Management covering its firm-wide Performance Management and Rewards processes. BearingPoint now relies on beqom’s solution to measure and assess individual performance for every employee and manager in the firm, and to then use calibrated results to initiate and drive the Rewards process.
“beqom clearly stood out as the preferred solution to match our Rewards processes after an in-depth market evaluation for compensation solutions. More importantly, it was crucial for us to find a supplier that unifies Performance and Rewards management as one integrated process,” said Michael Donat, Head of Human Resources at BearingPoint.
“As this is a firm-wide process that is commonly shared across the regions, everyone at BearingPoint will work with beqom. We therefore selected the application with the best end-user experience that can be managed and adapted by our own HR teams.”
— Michael Donat, Head of Human Resources, BearingPoint
Stephan Pohl, who joined beqom 2 years ago as the Managing Director of German-speaking markets after 11 years at SAP says: “This deployment shows leaders across all industries have the same need for a robust Compensation Management solution that helps them stay ahead of competition. We witness this in Manufacturing, Banking, Insurance, Retail, Oil & Gas and now Professional Services. We are thrilled to count BearingPoint amongst our customers.”
BearingPoint joins the list of companies that trust beqom to complement their Oracle or SAP applications, turning Compensation Management into a competitive advantage. “The project at BearingPoint is a perfect illustration of this trend, along with many similar deployments currently in progress across Europe, North America and the Middle-East”, concludes Pohl.
BearingPoint delivers business consulting with management and technology capabilities. As an independent firm with European roots and global reach BearingPoint serves leading companies and public sector organizations world-wide to align and optimize processes, IT and operating models with business strategy. Driven by a strong entrepreneurial mindset and desire to create long-term partnerships, BearingPoint’s consultants are committed to elivering excellence and value to their clients. The firm’s approach to working with clients is highly collaborative and designed to improve business performance, from strategy through to execution. BearingPoint currently employs 3,200 people in 15 countries. For more information please visit: www.bearingpoint.com