HRchitect Tech Vendor News: CloudPay Launches Enhanced Global Payroll Reporting Functionality, CloudPay Insights

August 20, 2014

Company’s Latest Innovation Enables Businesses to Leverage Big Data to Understand Their Payroll Process, Drive Positive Results and Make Better Informed Decisions

RALEIGH, N.C. and LONDON, U.K. (August 19, 2014) CloudPay, the pioneer of SaaS-based payroll automation for multinationals, today announced details of CloudPay Insights, its enhanced global payroll reporting solution. This robust capability gives organizations the ability to leverage big data to gain greater transparency into the real-time costs associated with their workforce by digging deep into their own comprehensive, multi-country payroll data.

 

In today’s competitive business environment and still volatile economy, multi-national organizations must be able to respond and adapt to changing market conditions as rapidly as possible. CloudPay Insights solves this challenge by enabling companies to identify key workforce trends in their global payroll data to drive and support well-informed business strategies. Though often overlooked as a source of record, the information contained in a company’s payroll data reveals crucial statistics on the true costs of compensating employees around the globe. Given the rise of big data and the benefits of utilizing the massive amount of information now available, CloudPay gives employers the tool to drill down into this data to identify hidden costs, spot important trends and make more effective business decisions.

 

The need for such a solution is a pressing one. According to research from the MIT Sloan Management Review and SAS Institute, a majority of professionals reported that their organizations are under pressure from senior managers to become more data driven and analytical. Yet, only 42 percent said they frequently have access to the data they need to make key decisions. At the same time, a report from McKinsey & Company found that the three factors necessary for developing a successful data-driven strategy are: choosing the right data, the ability to predict and optimize business outcomes, and transforming the company’s capabilities. CloudPay Insights provides organizations with the tools to achieve those three aspects. As a result, companies can access real-time reporting metrics on their payroll data, enabling them to act on this information and bring immediate improvements to their payroll operations.

 

CloudPay Insights can be used at all levels of the organization. Senior business leaders benefit from accessing data across their global enterprise to gain a better view of profit and loss, the expenses around payroll taxes and benefit deductions, and the overall costs of doing business. The solution also gives regional and business unit leaders the insight into the costs associated with hiring for specific positions in various regions, helping to drive decisions about where talent should be placed. At the same time, HR and payroll managers and practitioners can easily access audit reports and other key data that provides tactical information about the workforce they need on a day-to-day basis.

 

Innovative features of CloudPay Insights include:

  • Enhanced dashboarding capabilities: Users of CloudPay Insights have the flexibility to create and customize their own reports without having to use pre-built templates, ensuring they leverage the most relevant information.
  • Improved workspace functionality: This feature allows users to create reports with relational or dimensional data sources, enabling deeper analysis, report authoring and advanced data exploration.
  • Faster performance: CloudPay Insights includes developments such as null suppression optimization and in-memory caching for performance gains, enabling users to greatly reduce the amount of time they spend creating reports.

These improvements will lead to significant benefits for CloudPay’s clients, such as:

  • Improved decision making: Stakeholders receive needed information, such as headcount, leavers and new hires per country or legal entity, in a targeted, actionable format personalized according to their areas of responsibility to support informed decisions.
  • Increased operational efficiencies: The solution eliminates the need for labor-intensive data collection, consolidation and reporting, giving users access to CloudPay’s single, unified payroll information repository.
  • Cost reductions: With better business intelligence to understand the big data available and make critical decisions, organizations can streamline their processes and reduce the costs associated with payroll.

“Although the payroll function contains significant information that can help shape business decisions, set goals and priorities and optimize workforce strategy, many companies neglect to mine this data or simply lack the tools to do so effectively,” said Andrew Pearson, CEO of CloudPay. “Necessary for effective global payroll reporting is having a common technology platform that can compile the vast stores of payroll data from across the enterprise and transform it into actionable information. CloudPay stands alone in the payroll management space as the only provider to offer a common technology platform that delivers the business intelligence to make well-informed decisions about the costs and processes of compensating their global employees.”

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect

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HRchitect Tech Vendor News: Global Automotive Manufacturers Accelerate Innovation with Kronos

August 4, 2014

CHELMSFORD, Mass., July 21, 2014 – Global automotive manufacturing brands such as Ford, Jaguar, Mitsubishi, Renault-Nissan, and Volkswagen are increasingly turning to workforce management solutions from Kronos Incorporated to meet innovation and cost demands. In fact, the majority of the Forbes Top 10 global automakers are Kronos customers.1

News Facts

  • Today’s automotive manufacturers – from parts suppliers to original equipment manufacturers – are more actively looking for ways to control labor costs, minimize compliance risk, and improve workforce productivity to support innovation efforts and maintain competitive advantage. Automotive manufacturers around the world use Kronos workforce management solutions to achieve these benefits by more effectively managing labor, their largest controllable expense and biggest competitive differentiator.
  • The Kronos suite of workforce management solutions helps manufacturers across the global automotive supply chain drive operational efficiencies by:
    • Reconciling payroll to direct and indirect production hours, demonstrating actual labor costs across plant operations;
    • Creating schedules that optimize labor resource utilization, minimize equipment downtime, and reduce reliance on unplanned overtime;
    • Providing real-time visibility into shop floor labor activities – from manual processes and production cells – to assembly lines; and
    • Streamlining compliance efforts by automatically enforcing union work, pay, and scheduling rules while accurately tracking policy, performance, and safety infractions.
  • Automation of critical workforce management processes ultimately helps automotive manufacturers optimize efficiencies and drive higher levels of innovation and growth.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect

 


HRchitect Tech Vendor News: Travelex Transforms HR with Workday in the Cloud

August 4, 2014

Creates End-to-End Global Employee Experience with Workday Human Capital Management

PLEASANTON, CALIF. and LONDON — July 3, 2014 — Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for human resources and finance, today announced that Travelex, the world’s leading foreign exchange specialist, is transforming its HR organization and business support services with Workday Human Capital Management (HCM) and Workday Time Tracking. By leveraging one unified cloud application for human resources management, talent management, time tracking, and more, Travelex is advancing its entire employee experience and streamlining processes, automating workflows, and reducing administration.

A leading provider of foreign exchange services that are available online as well as in thousands of retail stores and ATM locations worldwide, Travelex aims to offer its workforce the same multi-channel, intuitive, and easy-to-use service it delivers to customers.

With Workday HCM, Travelex moved to one unified cloud application from 26 separate systems, put thousands of formerly paper-based transactions into the cloud, and reduced 2,100 business processes down to 180. These significant results are empowering the human resources (HR) team to focus on more strategic initiatives such as talent management, performance management, and workforce optimization, while reducing the burden of administrative tasks. Through the analytics capability built into the core of Workday and available on mobile and desktop experiences, the HR team is aiming to give business leaders new levels of insight into the cost, capacity, capability, and quality of their workforce, including visibility into headcount, labor costs, overtime, and other key management metrics.

More than 5,500 Travelex employees across 12 countries are now using Workday self-service capabilities to manage personal data. With Workday’s intuitive mobile experience for smartphones, Travelex employees will enjoy the same multi-channel experience enjoyed by customers.

With Workday Time Tracking, Travelex is streamlining time and attendance processes throughout the company and providing employees with easy access to manage their time worked. Travelex is already benefiting from reductions in costs and will continue to use the easy configuration and workflows to manage the local and national regulations across its global footprint.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Kronos Adds Travel and Expense Management Solution to Workforce Ready Marketplace

July 9, 2014

CHELMSFORD, Mass., June 23, 2014Kronos Incorporated today announced the addition of Certify, a leading cloud-based travel and expense management solution, to its Workforce Ready® Marketplace.

News Facts

With prescheduled, auto-generated expense report creation and mobile capabilities for on-the-go travelers, Certify eliminates the need for paper receipts and spreadsheets, and provides insight into travel and expense spend with a full suite of on-demand reporting and analytics.

Certify will be available to Workforce Ready users via the Kronos Workforce Ready Marketplace, an online platform that provides users with an easy way to buy complimentary third-party products and services directly from the Workforce Ready user interface.

Certify is the only expense management solution Kronos currently offers via its Workforce Ready Marketplace.

The addition of Certify to the Marketplace will enable customers to easily manage their travel and expense report processes saving time and money, all in a paper-free environment.

The Kronos Workforce Ready Marketplace features tightly integrated, best-of-breed complementary products and services from accredited third-party vendors and internally developed offerings in a broad range of functional categories, including background screening, 401k, benefits enrollment, workers’ compensation, and HR content.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Ceridian Launches Essentials Organizational Readiness Toolkit For Dayforce Human Capital Management

June 26, 2014

Minneapolis, MN, June 23, 2014 – Ceridian announces the launch of the Essentials Organization Readiness Toolkit that includes online courses, tools and templates to prepare an organization – and all involved users, at every level –  to successfully deploy Dayforce Human Capital Management and achieve maximum return on investment. Course modules discuss best practices for preparing for change and how to effectively leverage the content of the Essentials Org Readiness program.  Essentials Org Readiness is easy to use, providing a blueprint of recommended activities by project phase.

“In the midst of new software deployment, organizational readiness activities are often overlooked, which can result in ineffective training and poor user adoption,” says Gord MacDonald, vice president of education, Ceridian.  “Essentials Org Readiness Toolkit outlines the process and activities that businesses require to ensure that all users are ready to leverage Dayforce HCM.   The Essentials Org Readiness program offers customers a pragmatic and effective way to manage organization readiness for their HCM deployment.”

“Whether it is time to upgrade an existing technology or rip and replace with a new one, change management is critical for adoption,” says Lisa Rowan, IDC Research vice president, HR and talent management. “Without the proper transition, companies will not be able to realize the full potential return on investing in the new tools.”

Essentials Organization Readiness Toolkit features include:

  • Online videos – Offer introductory “day in the life” training based on the employee’s role. The videos are short and can be easily accessed well in advance of the “go-live” date.
  • Org Champion videos – Explain the importance of Org Readiness and demonstrate the Org Champion’s role through best practices.
  • Org Readiness Tools and Templates – Resources that make it easy for the Org Readiness Champion to create and deploy an effective program. The toolkit contains project plan templates, checklists and sample communications, sorted by project phase.
  • Training Plan Template – A detailed template that makes it easy for organizations to plan the development and delivery of user training.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Paycom Redefines Reporting Process for Human Capital Management

June 11, 2014

New ‘Push Reporting’ feature standardizes delivery of employee data for critical components of employment life cycle.

Paycom PAYC -0.83% , a leading provider of comprehensive cloud-based technology for human capital management, announced the addition of Push Reporting, a new capability that will increase the quality, speed and efficiency in which human resource executives can populate, produce and analyze employee data generated reports. Leveraging Paycom’s payroll and HR solutions with the added Push Reporting feature, businesses will be able to accurately access information related to key HR areas such as time and labor management, payroll, talent management and benefits administration.

“The demand for better business analytics and automatically populated reports is something that executives and HR professionals have needed for some time,” said Chad Richison, Paycom’s president and CEO. “Paycom’s Push Reporting feature finally provides the industry with a smart process and an automated solution that advances how the enterprise can better leverage employee data from all parts of the employment life cycle. We’re excited to be the first within the HCM (human capital management) space to bring to the market a solution that further empowers our industry category.”

Paycom’s Push Reporting feature provides users with the ability to create fully customized reports that can be scheduled for delivery to various departments as needed. This offering, combined with Paycom’s unique single-database architecture, allows executives to evaluate relevant employee data in real time. Through a unique interface, users can save, manage and analyze reports that can be populated based on preferred frequency – daily, weekly, monthly, quarterly or annually. Users are notified via email that scheduled results are available and are accessible via the Push Reporting Inbox within Paycom’s Report Center. This functionality gives organizations the ability to improve their business analytics and operations.

Paycom’s unrivaled proprietary software frees HR and others from compiling payroll, time and labor management and HR management reports by generating them on their behalf. All reports then can be exported in any format the company requests, including Excel, CSV, PDF, HTML, .TXT and Microsoft Word.

The product release is Paycom’s second for 2014 after the company launched Paycom Survey, a tool that allows employers the ability to quickly create, distribute and analyze online employee surveys. This product offering was also a first within the human capital management industry, empowering employers to increase retention and reduce turnover by measuring employee satisfaction.

“Push Reporting enables HR managers to automatically deliver scheduled reports to their CFO’s inbox, including key areas like labor analysis or expense management, tracking overtime worked and employee expenses on a regular basis,” Richison said. “We’ve allowed companies to pull very complex reports in a very simple way.”

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Ascentis Announces Record Growth for Fiscal Year 2013

June 10, 2014

Product bookings up 30%, monthly recurring revenue up 33%, new clients increased by 70%

Bellevue, Wash. May 8, 2014 –Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, today announced significant growth in fiscal year 2013 (FY2013) with a 30% increase in bookings and 33% increase in monthly recurring revenue.

“2013 was another very successful year for Ascentis and our clients,” said Ascentis CEO DJ Chhabra. “We continue to see strong growth in every aspect of the business, including significant growth in monthly and annual recurring revenue. Client retention remains strong as Ascentis’ fanatical approach to client satisfaction continues to pay off. We are well positioned for continued growth in 2014 and are very excited about the release of the new Ascentis suite of products and platform. These product releases through 2014 will deliver the next generation of HCM solutions that the marketplace has been anticipating and anxiously awaiting. We are very pleased that Ascentis will be the first human capital management provider to execute on this vision and deliver the capabilities that will truly transform our marketplace.”

“SUJA Juice made the decision to purchase Ascentis in the fall of 2013,” said Heather Thomaselli-Baker, vice president of operations at SUJA Juice. “We chose Ascentis because of great customer service, fair pricing and the ability to help streamline our HR and payroll processes with their robust functionality. Since that time we have implemented Ascentis HR with a dedicated implementation consultant from Ascentis and that experience has been a very smooth and informative transition.”

“Our Ascentis implementation process has been a wonderful experience,” shared Jill Bluse, benefits analyst with Summit Healthcare Regional Medical Center. “We had our own implementation consultant work with us through the entire process, start to finish, and they were great to work with.”

Key additional highlights from FY2013 include:

  • New Clients: Ascentis increased new clients by 70% in FY2013, compared to FY2012. Additions to Ascentis’ growing client list in 2013 include: Profinium Financial, Tropical Financial Credit Union, Pharmacare, Woodland Park Zoo, Unidine Corporation, SUJA Juice, Medford Medical Clinic, and Summit Healthcare Regional Medical Center.
  • Awards: Ascentis again attained industry recognition as one of the fastest growing private companies in the software industry. This award is the third consecutive award from JMP Securities, a full-service San Francisco-based investment bank.
  • Product Updates: During 2013, Ascentis released several major enhancements across the HCM suite, including integration with NetSuite, new off-boarding workflows, enhancements to the tax engine, advanced document management capabilities, as well as enhancements to help clients manage healthcare reform.
  • Executive Additions and Promotions: Ascentis promoted Joelle Vail, previously vice president of company and sales operations to vice president of sales and marketing. In this role Vail has responsibility for all sales and marketing initiatives, including the growth of business through direct and channel sales, as well as up-sell opportunities to the Ascentis client base. Vail has been with Ascentis for more than one year and was previously with another well-known HCM firm for 15 years in a number of sales management roles. Gwen Sheridan also joined the executive team in 2013 as vice president of client success. Sheridan has spent her career in business-to-business services, supporting HR and finance executives. She led HR research efforts for the Corporate Leadership Council (CEB), and oversaw account management and client support for PayScale, a provider of compensation data. Sheridan holds a bachelor’s degree from Princeton University and an MBA from the Kellogg Graduate School of Management.

“When our organization began looking for a new human capital management suite in 2013 we wanted a system that was easy-to-use, and also offered depth of product functionality and complex reporting capabilities. We found all that in Ascentis,” revealed Mandi Fillmore, Woodland Park Zoo benefits and payroll supervisor. “Our implementation has been seamless, and our staff has been able to recognize the value of the product immediately. We have been impressed with the people and the products that Ascentis provides, and would recommend them to other organizations.”

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


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