This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

UltiPro's Global HCM Enhancements Enable Broader Self-service Options For Multinational Employees (Graphic: Business Wire)

Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today that all of its SaaS customers are live on the UltiPro Spring 2012 release. Highlights of the Spring 2012 release include expanded global HCM capabilities, significant advances in payroll processing speed for very large organizations, more configurable talent management for richer employee performance management, extended business intelligence, and the announcement of several new additions to the Ultimate Partner Network.

Expanded Global HCM Capabilities

HCM enhancements in the Spring 2012 release focus on enabling broader self-service options for employees worldwide. In addition to fundamental capabilities such as managing core HR and benefits information, global HCM enhancements in the Spring 2012 release include configurable business processes for common employee information changes, such as personal name or address. The release also delivers standard new-hire Web Services, making it simple for organizations to extend global employee data and business processes to other on-premise and cloud applications.

Payroll Performance

With large enterprises increasingly turning to SaaS for HCM and payroll solutions, Ultimate has continued to lead the industry with new levels of performance, speed, and response time for processing complex payroll calculations in the cloud. UltiPro Spring 2012 delivers:

  • A more than 600% increase in payroll processing speed for very large payrolls (more than 100,000 employees)
  • Increased performance of Time Management connectivity, delivering up to 90% faster importing of payroll processing data, such as hours, earnings, and deductions for very large payrolls

Configurable Talent Management

UltiPro’s Spring 2012 release added new talent management configurability that allows organizations to deploy talent management approaches that are tailored to the needs of their people and teams. New capabilities include:

  • New talent assessment options — Providing the ability to base performance assessments on contributions and impact, for example, rather than simply numeric scales. Organizations can measure performance with key terms, competencies, goals, and other measures to adapt performance management to their unique needs.
  • Greater assessment flexibility — Allowing a manager or an employee to add additional commentary to a review beyond structured goal and competency content.
  • Visual people search — UltiPro Succession Management now provides a consumer-style comparison of employees that includes key skills, experience, assessments, and other related information — designed to help leaders make informed decisions about employee capabilities and readiness for future roles in the organization.

Extended Business Intelligence

UltiPro Spring 2012 includes additional delivered reports and analytics to better help customers connect their people data to critical business decisions. The Spring 2012 release includes expanded business intelligence such as:

  • New standard total compensation statements, which can be tailored to the unique needs of an organization, to facilitate communication of overall benefits and compensation to employees
  • Predictive analytics to help customers forecast crucial workforce trends, including employee retention
  • New delivered reports and analytics for succession management, career development, talent assessment, and global HR

“We continue to see organizations with more complex, global needs and larger employee populations choosing Ultimate’s solutions,” said Cecile Alper-Leroux, vice president of product strategy and development at Ultimate. “Across all of them, the common theme is a focus on people — more streamlined administration, increased visibility into data, more personalized employee performance management. These requirements are at the center of our Spring 2012 release, as we expand our capabilities for supporting large, complex organizations comprised of people working around the world.”

Additions to the Ultimate Partner Network

In Spring 2012, Ultimate added several partners to the Ultimate Partner Network, aimed at providing our customers with technologies, products, and services that allow them to extend the value of UltiPro to better integrate with their business ecosystem.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,967.37 -15.22 -0.09%
S&P 500 1,981.97 +3.06 0.15%
NASDAQ 4,463.6640 +18.7550 0.42%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs