beqom announced today that Faurecia, a global leader in engineering and manufacturing of automotive equipment, has selected beqom's total compensation platform as part of its social benefits program.

The beqom-based application will replace an existing bespoke development and will manage up to 12,000 employees in France, spread over forty sites.

The main objectives of the project are:

• the automation of calculations to reduce manual processes and improve quality,
• the traceability of exceptional adjustments.

"The main benefit of beqom is that we can manage the different aspects of compensation with one unique solution. In this way, we can both simplify our internal processes and ease communication with employees" says Xavier Groues, Shared Services Manager at Faurecia.

"The Faurecia group has been using our solution since 2009 to manage variable compensation plans of its managers worldwide. We are delighted that such a customer extends the use of the beqom platform to new projects. This is a proof of our ability to provide a comprehensive software platform enabling global compensation management", comments Fabio Ronga, CEO at beqom.

About Faurecia - www.faurecia.com

With consolidated sales (FY 2013) of €18 billion and 97,500 employees spread over 320 sites including 30 R&D centers in 34 countries, Faurecia is a global leader in its four areas of business: automotive seating, interior systems, automotive exteriors and emissions control technologies. Faurecia is the world's number one supplier of seat frames and mechanisms, emissions control technologies and vehicle interiors. The Group is also the world's third-largest supplier of complete seat systems and is Europe's leading name in automotive exteriors.

Happiness is the best driver for success.Our mission is to make the workforce of our customers happy. beqom drives happiness by allowing business managers to lead, align and motivate employees and partners. The beqom Total Compensation platform is used globally across all industry sectors by over 100 large companies such as Microsoft and Vodafone. It addresses all Performance and Compensation aspects such as Salary Review, Bonus, Long-Term Incentives, Commissions, Benefits, Non-cash rewards and all key drivers towards Employee Performance and Sales Performance.
HR, Sales and Finance organizations leverage our platform to drive performance, retention, cost optimization and... happiness among their people.
beqom - to make your people happy.

For more information please contact:
US & Canada: Jeff Yoder, tel (203) 820-1032, [email protected]
Other countries: Tanya Jansen, tel +41 58 255 0802, [email protected]