REDWOOD CITY, Calif. LAS VEGAS, Oct. 19, 2015 /PRNewswire/ -- Replicon, the leading global provider of time asset management solutions, today showcased its expanded platform and new Compliance service to attendees of the HR Technology Conference in Las Vegas.
The Replicon cloud-based platform – available in Quick Start, Plus and Enterprise editions – delivers a simple, accurate and secure foundation for businesses to increase productivity, eliminate revenue leakage and improve efficiencies. Replicon also unveiled Compliance, a subscription-based service that updates businesses about evolving labor regulations, including updates to overtime pay and paid leave laws. Replicon Compliance is an add-on service to the platform, joining seven existing applications to better manage time and attendance, expenses, resources and projects.
Key features of the platform include:
With over $1.3 billion in back wages recovered by the Department of Labor's Wage and Hour Division since 2009, the Compliance service covers core employment regulations for the United States and Canada, with updates for France, Germany, Japan and the United Kingdom to be included in 2016.
Key features of the Compliance subscription-based service include:
Replicon's existing add-on applications that can be purchased with the Replicon platform include:
The Replicon Plus and Enterprise platform editions and Compliance service are available now, while Replicon Quick Start will be available in 1H 2016.
"Businesses lose millions if not billions of dollars each year defending class action lawsuits due to insufficient or incorrect implementation of wage and hour requirements where there are cost neutral or cost efficient alternatives for compliance," said R. Brian Dixon, Co-Chair, Wage and Hour Practice Group at Littler Mendelson. "We're pleased to be working with Replicon, a pioneer in time asset management, to help their customers ensure compliance with their wage and hour obligations."
"A modern platform that automates time-consuming processes, underpinned by strong compliance capabilities is critical to business success. As the workforce continues to evolve, companies that do not embrace these technologies run the risk of shortchanging their employees and executives from the next generation human capital management solutions they deserve," said Holger Mueller, Principal Analyst and Vice President, Constellation Research.
"Our mission is to simplify how businesses spend their most important asset – time – to successfully grow their organization and achieve compliance with their relevant wage payment obligations," said Raj Narayanaswamy, co-founder and co-CEO at Replicon. "As enterprises employ more people across multiple locations who work on a variety of projects and devices, we see our solutions delivering in-depth visibility into how the business works, and driving significant value at the individual, team and organization levels."
Replicon is the leading provider of time asset management solutions. Our award-winning solutions help customers capture, manage and optimize their most important and underutilized asset – time.
Our diverse customer base – from small businesses to Fortune 500 companies — trusts Replicon to increase productivity, improve project profitability, eliminate revenue leakage and maintain labor compliance. Replicon has offices in the United States, Canada, India, the United Kingdom and Australia, serving thousands of customers worldwide. For more information, visit www.replicon.com.
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