Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Anheuser-Busch Credit Union and ECCO Select UltiPro(R) Workplace for Human Capital Management

Thu. October 02, 2008; Posted: 07:00 AM
Stocks RSS
WESTON, Fla., Oct 02, 2008 (BUSINESS WIRE) -- ULTI | Quote | Chart | News | PowerRating -- Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that two top companies, Anheuser-Busch Employees' Credit Union (ABECU) and ECCO, have selected Ultimate Software's UltiPro Workplace to manage their human resource and payroll processes.

St. Louis-based Anheuser-Busch Employees' Credit Union is a full-service financial institution offering a wide variety of products and services nationwide. Currently ranked as a "Top 150" credit union in the U.S., the organization has been using a payroll service provider to process payroll and a different vendor to handle human resources and time keeping. The separate systems lack the functional capabilities the credit union had expected and, because they are not integrated, create extra manual work, data integrity issues, and reporting problems.

ABECU selected UltiPro Workplace with UltiPro Recruitment in July 2008 to gain the functionality needed for HR to operate more strategically and effectively. UltiPro Workplace provides a comprehensive set of tools for human capital management, including HR, payroll, benefits administration, and employee communication, all accessed through a Web portal. The recruitment feature automates the entire recruiting process, including posting job openings, submitting and reviewing job applications, and communicating with candidates, greatly reducing time-to-hire and cost-per-hire.

"The interface we use to integrate our current solutions is inefficient. There are always problems," said Adrianne Thompson, vice president of human resources for ABECU. "With employees in 26 locations throughout the country, we need the integrated HR/payroll functionality that UltiPro delivers to centralize and streamline our processes, empower our employees with self-service access to their information, and maximize the contributions our team can make to the business using consolidated workforce reporting."

Also migrating from a payroll service bureau, ECCO is a global leader in city, casual, and sport shoes for men, women, and children. The footwear company has nearly 15,000 employees globally, with hundreds in the U.S. Based in Londonderry, New Hampshire, ECCO USA selected UltiPro Workplace, with UltiPro Performance Management and UltiPro Time Management, in August 2008 for the solution's strong functionality and because of Ultimate Software's well-respected culture and name in the industry.

"We appreciated the honesty, enthusiasm, and integrity of the people we met from Ultimate Software," said Dawn Erickson, director of human resources for ECCO. "Certainly the many accolades and awards bestowed on Ultimate Software as a great place to work and Ultimate's reputation as a leading provider of human capital management solutions were confirmation that the company would be a partner that shared our philosophy. ECCO is committed to integrity, care of the environment, quality, innovation, and development of our employees. These values seemed to coincide with Ultimate's approach -- an important concern when entering a partnership."

"We are pleased to have these industry leaders join our growing list of UltiPro Workplace customers," said Chris Phenicie, vice president, UltiPro Workplace. "We look forward to working in partnership with them to help improve their business processes."

About Ultimate Software

A leading provider of end-to-end strategic human resources, payroll, and talent management solutions, Ultimate Software markets its award-winning UltiPro products as on-demand services through its software-as-a-service (SaaS) offering, Intersourcing, and as licensed software. Based in Weston, FL, the Company employs 850 professionals who are focused on developing the highest quality products and services. In 2008, Ultimate Software was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC 27001:2005 Certification for security management, and its development team was named the #1 "Best Product Development Team" in the nation by the American Business Awards. Ultimate Software's internal technology team won a first-place award for its management of Intersourcing from the American Business Awards in 2007, and its customer service team won two first-place awards in national competitions for service excellence in 2006. Ultimate Software was ranked the #1 best medium-sized company to work for in America by the Great Place to Work(R) Institute in June 2008. Ultimate Software has more than 1,600 customers representing diverse industries, including such organizations as The Container Store, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, Nintendo of America, Ruth's Chris Steak House, and Sony BMG Entertainment. More information on Ultimate Software's products and services can be found at www.ultimatesoftware.com.

UltiPro and Intersourcing are registered trademarks of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

SOURCE: Ultimate Software

Ultimate Software, Weston Public Relations Contact: Darlene Marcroft, 954-331-7444 darlene_marcroft@ultimatesoftware.com or For Sales Information: Ultimate Software, 800-432-1729 Web site: www.ultimatesoftware.com

For full details on Ultimate Software Gp Inc (ULTI) click here. Ultimate Software Gp Inc (ULTI) has Short Term PowerRatings of 7. Details on Ultimate Software Gp Inc (ULTI) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [ULTI]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.