Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human
resources, payroll, and talent management solutions, announced today
that its customer FCCI Insurance Group, a Florida-based provider of
comprehensive property and casualty insurance, has improved
employee-centric business processes with Ultimate Software's UltiPro
delivered through Intersourcing, a software-as-a-service offering.
WESTON, Fla.--(BUSINESS WIRE)--Sept. 12, 2007--Ultimate Software
(Nasdaq:ULTI), a leading provider of end-to-end strategic human
resources, payroll, and talent management solutions, announced today
that its customer FCCI Insurance Group, a Florida-based provider of
comprehensive property and casualty insurance, has improved
employee-centric business processes with Ultimate Software's UltiPro
delivered through Intersourcing, a software-as-a-service offering.
FCCI started looking for a new vendor to replace the in-house
system it had been using when the insurance company realized it needed
a more up-to-date solution that was flexible, easy to use, and
included a wide range of functionality to help the business handle its
employee-management processes more effectively. FCCI chose Ultimate
Software, and after an on-time and on-budget implementation of core
UltiPro for human resources, payroll, and benefits administrative
processes, completed in just over three months, FCCI immediately
turned to implementing Ultimate Software's UltiPro Recruitment for its
talent acquisition functions. Since going "live" in January 2007, FCCI
has:
-- Streamlined compensation management with UltiPro Salary Budget
Administration
-- Improved talent acquisition practices with UltiPro Recruitment
-- Enhanced management of and communication with its
geographically dispersed workforce through UltiPro's workforce
portal
Insurance companies must handle relatively complex compensation
that includes performance-based increases and bonuses in addition to
base salaries. UltiPro's Salary Budget Administration helps FCCI's
managers easily analyze and assign increases without manual
calculations or spreadsheets. Once managers determine the allocations,
they can submit the raises for approval. Through UltiPro's automated
workflow, each employee's recommended salary increase is routed to the
appropriate executive(s) for authorization.
"UltiPro's Salary Budget Administration has given FCCI an
easy-to-use tool that has simplified the salary increase process for
us. Prior to UltiPro, we had a different solution that was supposed to
automate the process, but it was not Web-based and was more difficult
to use," said Nilda Mercado, compensation analyst for FCCI. "UltiPro
is easier for both managers and the HR team to use. For instance, once
the amounts for the salary increases are established and approved, I
can make them 'live' in seconds. UltiPro makes the wage increase
process painless for all of us and is one of my favorite things about
UltiPro."
Insurance businesses often experience moderate turnover, and
automating the recruitment process speeds the effort to find qualified
people who are the "right fit" for the business. FCCI is using UltiPro
Recruitment to empower managers with more information about their open
positions and applicants. With UltiPro, managers can log into the
portal to quickly review applications for open positions, evaluate
candidates, and communicate with applicants through templated letters.
"UltiPro Recruitment makes it easier for our human resources team
and managers to work cooperatively in bringing on the most talented
people in our field. The system shortens our 'time to hire' and
ensures that we are making good decisions about our new hires," said
Mercado. "Everyone who needs to be in the loop is included in the
process electronically, and we can all see the status of an open
position and monitor the next steps."
FCCI's approximately 700 employees are spread throughout many
locations, so UltiPro Recruitment's Web access provides a central
vehicle for managing the decentralized hiring process for FCCI.
Managers can log into UltiPro to accomplish more than addressing their
hiring needs - they can automate the candidate-to-new-hire process,
set up salaries, look up performance review dates and results, and
perform daily tasks such as locate employees' home phone numbers,
review skills and certification history, and access many other details
about their teams that are stored in the system. Plus, they have the
convenience of Internet access from home, a remote location, or while
traveling. Managers also are preparing to handle goal-setting and
monitoring along with performance reviews through UltiPro Performance
Management.
"Intersourcing includes UltiPro's full range of Web functionality,
and we are taking advantage of it to improve virtually all of our
processes and services," said Mercado. "Managers and employees love
the convenience of UltiPro's Web tools, and HR appreciates having the
tools to benefit the business without the hassles of working around
upgrades or system maintenance since Ultimate Software handles those
functions."
"FCCI has joined the increasing numbers of companies that are
electing to centralize and unify their strategic HR, talent
management, and payroll process through Ultimate Software's UltiPro,"
said Greg Swick, senior vice president of Sales for Ultimate Software.
"Intersourcing, our software-as-a-service delivery model, makes it
possible for companies like FCCI to get up and running quickly over
the Internet with a comprehensive, integrated solution that includes
not only core HR, benefits administration, and payroll but also
new-age, high-demand solutions like recruitment and performance
management."
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 offering, Intersourcing, and as licensed
software. Based in Weston, FL, Ultimate Software employs more than 700
professionals who are focused on developing the highest quality
products and services. Ultimate Software's IT 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 for service excellence in 2006, one from the Service & Support
Professionals Association and another from the American Business
Awards. Ultimate Software was named a "Leader" in Forrester Research
Inc.'s 2006 U.S. Midmarket HR solutions Wave ranking and ranked #3 on
the 2006 and 2007 lists of the Best Medium-Sized Companies to Work For
in America by the Great Place to Work Institute. Ultimate Software
customers represent diverse industries and include such organizations
as The Container Store, Elizabeth Arden, The Florida Marlins Baseball
Team, The New York Yankees Baseball Team, Nintendo of America, Ruth's
Chris Steak House, and SkyWest Airlines. 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.
CONTACT: Ultimate Software, Weston
Darlene Marcroft, 954-331-7444
darlene_marcroft[at]ultimatesoftware.com
For Sales Information:
Ultimate Software, 800-432-1729
Web site: www.ultimatesoftware.com
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