isolved HCM announces ExcelPay acquisition

CHARLOTTE, N.C., June 14, 2017 /PRNewswire/ -- isolved HCM has announced the acquisition of ExcelPay, an Atlanta-based provider of payroll and human capital management services. This move is a mutually beneficial advancement of the companies' close relationship that began when ExcelPay first joined the isolved Network of Certified Partners in 2015.

isolved helps clients manage vital workforce challenges with its cloud-based human capital management solution that streamlines and assists with human resources, payroll, time and attendance, benefits enrollment, talent management and compliance.

Designed especially for small-and-midsized businesses, adoption of the technology has expanded to cover more than 45,000 employers and 3 million employees. ExcelPay was one of over 100 partners contributing to isolved's remarkable growth.

"We are excited to officially welcome ExcelPay's customers and staff," said Dave Dawson, CEO of isolved HCM. "The isolved Network is designed to help partners grow and ExcelPay nearly doubled their business as an isolved Certified Partner. After experiencing this rapid growth, ExcelPay leadership determined the best strategy for serving their expanding base of customers was to tap into isolved's Exit & Acquisition Program where Certified Partners have an option to join isolved HCM.  This optional program provides service bureau management a high-value path to exit ownership, while ensuring customers experience no disruption."

Tynes Hildebrand, ExcelPay president, said, "We chose to merge with isolved as they are the brains behind the payroll and HR technology we have already been using. This combination of forces provides ExcelPay clients with direct access to even more powerful tools, features and options, while maintaining the special relationships and service standards inherent in the culture of both companies."

About isolved

isolved HCM is an industry-leading human capital management technology company that brings together the key workforce functions in one robust, easy-to-use platform, isolved. Payroll, HR, Time & Attendance, Recruiting, Onboarding, ACA Compliance, and Benefits Enrollment are all delivered from a single application, in the cloud, specifically built for the small-to-midsized employer. It has achieved rapid market share, with more than 3 million employees and growing. isolved also includes innovative features and options to boost employee engagement and improve productivity, including its mobile app, isolved Go, and its NXG line of time clocks. isolved is delivered through elite, regional payroll providers who provide customers with the white-glove service they need in today's regulatory environment. This unique approach gives small-to-midsized employers access to a cutting-edge HCM solution, while retaining the local service relationship they prefer. For more information, visit www.isolvedhcm.com

SOURCE isolved