Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today that Buckeye Partners, L.P., one of the primary distributors of petroleum in the eastern and mid-western portions of the U.S., is benefiting from new insights into its workforce, better planning for future talent needs, and strengthening its overall HCM strategy with UltiPro and UltiPro Succession Management.
Buckeye Partners provides mid-stream energy logistics services, operating one of the largest independent petroleum products common carrier pipeline networks in North America. In addition to pipeline transportation services, the 1,300-employee company owns and operates more than 100 refined petroleum products terminals and a major natural gas storage facility in California, and markets liquid petroleum products in various regions around the world. Because of the company’s continued success and expansion, executives at Buckeye Partners wanted to proactively plan for future business needs, especially related to the company’s leadership.
The HR team was tasked with finding better ways to uncover talent gaps, identify high-performing individuals, understand and monitor retention risks, and help employees develop their readiness to step into key roles. With Buckeye’s years of proven success with Ultimate’s cloud-based features for HCM, company leadership chose to leverage UltiPro Succession Management to address its strategic people management objectives today and moving into the future.
“Our previous system for succession plans just did not meet the needs of our expanding business. We had very manual, cumbersome processes when preparing our people for new opportunities. Without an efficient, executable strategy, our business could be at risk when we lost key contributors,” said Dianna Fernandez, manager of HRIS at Buckeye Partners, L.P. “With UltiPro, we now have an automated, effective, results-based platform for our succession management program.”Buckeye Partners rolled out UltiPro Succession Management rapidly and began the process of evaluating top talent and potential opportunities for advancement as its first initiative. “Activating UltiPro Succession Management was easily the most successful deployment for technology that I’ve ever experienced. The time from our decision to deployment took just two weeks, and we could quickly convert years of manual data into ready-to-use business intelligence,” said Fernandez. “Plus, UltiPro’s end-to-end features are so flexible. We can easily configure Ultimate’s cloud technology and make adjustments as our business requirements evolve.” With UltiPro Succession Management, businesses like Buckeye Partners can accomplish proactive, practical strategies for professional growth and career advancement for their workforce. Each employee can define an individual career path and ensure that he or she develops the skills, knowledge, and other talent factors necessary for personal growth and contribution to the company's success. Employees or managers can update a specific talent profile with relevant personal and career information, such as education, previous work history, skills, licenses/certifications, awards, languages, and willingness to relocate in the U.S. and/or internationally. This information populates the individual’s talent card, providing a holistic view of the employee’s talent characteristics.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV