Madrid, February 1, 2013. – Meta4, – the world-class leader for global human capital management (HCM) and payroll solutions has been selected by a leading publicly-traded primary silver company, Silver Standard Resources Inc. (NASDAQ: SSRI, TSX: SSO) to manage their employees worldwide, especially throughout the Americas.
Silver Standard Resources Inc. (SSRI), headquartered in Vancouver, Canada, is a leading precious metals mining company with 800 employees worldwide in Canada, Mexico, Peru, Chile and Argentina.
As a North American company with strong regional focus on Latin American countries, SSRI required a comprehensive and integrated global solution to manage people around the world. The company was driven to look for a solution with off-the-shelf standard capabilities of global reach that delivers fast deployment of common HR policies to all regions and countries.
The functionalities available in the complete Meta4 Global SaaS HR service met SSRI’s list of requirements for their core HR management capabilities, including the easy configurability and customization of specific requirements. A decisive factor was Meta4’s ability to manage all HRM information consolidated at the global level. This was critical for achieving all of SSRI’s people management goals. “People information will be available at a click to support proactive decision-making by leaders and employees anywhere”, said David Smith, VP Human Resources at Silver Standard Resources Inc., “SSRI will maximize the value of people and business through leveraging and analyzing global HR information to best align with existing corporate policies, even as they change.”
The capability of Meta4’s on-demand platform to grow as the organizational needs of SSRI evolve is another bonus. Particularly appealing is the ability to effortlessly add on local payroll modules for multiple countries as part of this Global SaaS HR service, while maintaining the integrity of global HR business data.
Customer service was also an important criterion for SSRI, the company needed to be able to outsource HRM to a technology partner who would work tightly with them, ensuring all their evolving custom requirements would be met and maintained with little effort and swiftly with the highest level of support. SSRI would not have to invest in an internal HR technology team.
The decision to select Meta4’s Global SaaS HR service was deeply influenced by the attraction of a ready-to-go complete HRM solution with globally consolidated HR information that accommodated local processes, allowing modules to be added on over time, and services with the highest level of customer support.
“Using a hosted SaaS model in the cloud, our company will benefit from a software service that delivers constant access to HR-related data, business processes, and best practices at global and local levels—with the added value of deploying other HR and payroll functionalities and modules as needed over time.” concluded David Smith, VP Human Resources, Silver Standard Resources, Inc.
Silver Standard Resources is a Vancouver-based mining company with assets throughout Latin America and the United States. The Company owns and operates one of the largest primary silver mines in the world (Pirquitas, Argentina), and has 12 development projects, including Pitarrilla (Mexico) and San Luis (Peru). The Pirquitas mine produced 8.6 million ounces of silver in 2012, exceeding production guidance for the year of 8.2-8.5 million ounces of silver. Silver Standard has an active exploration program; the company plans to invest at least $15 million in exploration during 2013 and has recently announced a number of very encouraging mineral intercepts at its Pirquitas mine in Argentina.
On a global basis, the Company has accumulated silver Proven and Probable Mineral Reserves of 58.3 million ounces and 517.9 million ounces respectively. Measured and Indicated Mineral Resources total more than 1.1 billion ounces (inclusive of reserves). The company also has gold Measured and Indicated Mineral Resources of over 2.6 million ounces (inclusive of 0.29 million ounces in gold reserves) and over 1.3 million ounces of Inferred Mineral gold Reserves. In addition, Silver Standard has significant resources of lead and zinc in Argentina, Mexico, Peru and Chile.
The Company was founded in 1946, and trades on the NASDAQ and TSX stock exchanges; current market capitalization is approximately $1 billion.