ComUnity Lending Selects Time America for Automated Time and Labor Management.SCOTTSDALE, Ariz. -- ComUnity Lending, one of the top 100 mortgage companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has selected Time America's (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : TMAM) workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. solution to automate its HR and labor management processes. ComUnity Lending will use the Web-based NETtime(R) application to collect time and attendance data, apply payroll policies, enforce schedules and generate a variety of productivity reports that track items such as job costing Job versus Process Costing Job costing (also called job order costing) is a fundamental part of managerial accounting. It differs from Process costing in that the flow of costs is traced by job instead of by process. and labor hours worked. More than 1,800 employees across 39 states working in 108 retail branches and 40 Mortgage Master sites will utilize NETtime's Employee Self Service features to submit time worked, check schedules and review benefit accruals Accruals Accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting. These accounts include, among many others, accounts payable, accounts receivable, goodwill, future tax liability and future interest expense. . Trulie Holmes, PHR PHR Personal Health Record PHR Physicians for Human Rights PHR Professional in Human Resources PHR Public Health Reports PHR Partnerships for Health Reform Phr Phrygian (linguistics) PHR Presse Hebdomadaire Régionale , Gevity Human Resource Manager for ComUnity Lending, said, "Because NETtime easily interfaces to the Gevity HR and payroll solution, ComUnity Lending has the ability to streamline its HR management processes across many locations into a single database with 24/7 access. Not only will this provide administrative relief to their payroll process, but it will save time and money lost to correcting payments of miscalculated employee time" Workforce data housed in NETtime will interface to ComUnity Lending's Web-enabled HR and payroll platform, provided by Gevity (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GVHR), a leading insourced employee management solution. The Gevity solution, working in conjunction with NETtime, will provide ComUnity Lending with a turnkey See turnkey system. solution that includes a combination of credentialed cre·den·tial n. 1. That which entitles one to confidence, credit, or authority. 2. credentials Evidence or testimonials concerning one's right to credit, confidence, or authority: human resource consultants and a scalable, Web-enabled technology platform for human resource, workforce management and payroll processing. "Effective tracking of employee time and attendance data is a critical component of the human resource and payroll process. We are pleased that ComUnity Lending has selected NETtime to address this need, and with Gevity, leverage a complete HR solution," said Greg Fioriti, vice president of corporate sales, Time America Inc. NETtime is a 100 percent Web-based time and labor management solution offered in a hosted or licensed model. Accessible from any computer with Internet access See how to access the Internet. , NETtime provides powerful tools that help companies know exactly where their workforce time and dollars are spent. NETtime reduces the amount of time spent manually calculating and entering employee data. Gevity's offerings deliver a comprehensive employee management solution and help clients increase profits, grow sales and improve customer satisfaction. By acting as the insourced human resource department for its portfolio companies, Gevity helps stack the odds of success in a mortgage banking firm's favor. About ComUnity Lending ComUnity Lending was founded 25 years ago, and is one of the most progressive mortgage companies in America. ComUnity Lending's groundbreaking Mortgage Master concept and its state-of-the-art technology have made the company's loan process one of the most efficient in the industry. ComUnity Lending also has a highly competitive, progressive Retail Branch Partnership program, with more than 100 branches in more than 40 states nationwide. For more information on ComUnity Lending, visit the company's Web site at www.comunitylending.com or contact them at 800-866-9080. About Time America Inc. Time America Inc. has been a leading provider of Web-based, client-server and desktop time and labor management solutions since 1988. Time America's family of Web-based, client-server and desktop solutions deliver a cost-effective, automated means for employee time and attendance tracking, management of labor resources and payroll processing. The Deloitte Technology Fast 500 has honored Time America as one of the 500 fastest growing technology companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. in 2003 and 2004. For more information, please visit the Time America Web site at www.timeamerica.com. NETtime is a registered trademark of Time America Inc. All other names are the property of their respective owners. |
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