ORLANDO, Fla., July 14, 2016 /PRNewswire/ -- PlanSource announced today that it is expanding its partnership with Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, to include real-time integration between PlanSource benefits management and the UltiPro® HCM solution, as well as broadened client services.
"PlanSource and Ultimate are a great match," said Greg Swick, Chief Sales Officer at Ultimate Software. "Our products work hand-in-hand, so by deepening our integration, we are providing our customers greater options for benefits shopping, enrollment, compliance and administration."
Founded in 1990, Ultimate Software delivers comprehensive HCM solutions to more than 3,000 customers. Under the expanded partnership, the Ultimate Software team offers an integration to PlanSource's benefits administration solution to customers that require sophisticated benefits technology with a best-in-class user experience. Ultimate Software and PlanSource will also offer managed services of PlanSource benefits solutions through the partnership.
New data integration harmonizes benefits and payroll
The Ultimate-PlanSource integration allows demographic information from UltiPro needed for administering benefits to be instantly transferred to the PlanSource system, and benefits deduction data to be returned to UltiPro for payroll purposes. As a result, HR and payroll teams can accurately administer benefits and payroll systems in real time, without conducting manual transfers of data, substantially reducing the chance of errors.
"Ultimate Software has a long history of delivering innovative solutions that help companies achieve their HCM goals," said Dayne Williams, CEO of PlanSource. "Our shared commitment to improving how people work makes this an ideal partnership. We look forward to many years of mutual success for our companies and our customers."
About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 25 million people records in the cloud. Ultimate's award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and employs more than 3,000 professionals. In 2016, Fortune ranked Ultimate #1 on its list of 10 Best Large Workplaces in Technology and #15 on Fortune's 100 Best Companies to Work For list, the fifth consecutive year to be ranked in the top 25. In 2015, Ultimate was recognized by Fortune as one of the 100 Fastest-Growing Companies; ranked #7 on Forbes magazine's list of the 100 Most Innovative Growth Companies; named among InformationWeek's Elite 100, honoring innovation in business technology; and recognized as a "Leader" in Nucleus Research's HCM Technology Value Matrix. Ultimate has approximately 3,200 customers with employees in 160 countries, including Bloomin' Brands, Culligan International, Feeding America, Major League Baseball, Pep Boys, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate's products and services for people management can be found at www.ultimatesoftware.com.
PlanSource is a technology company driven to create a better benefits and HR experience for employers and their employees. The company offers flexible and intuitive software for benefits administration, insurance exchanges and human capital management. PlanSource's complete cloud-based technology helps nearly 10,000 employers and 3.5 million consumers with benefits shopping, enrollment, billing, compliance and administration. Learn more at www.plansource.com.
PlanSource is a registered trademark of PlanSource, Inc., and PlanSource owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.