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Knight Oil Tools Selects UltiPro(R) for Human Capital Management.


WESTON, Fla. -- Ultimate Software (Nasdaq:ULTI ULTI Ukraine Land Titling Initiative
ULTI Ultra Low Temperature Installation
ULTI Ubiquitous Learning Technology Initiative
), a leading provider of end-to-end strategic human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , payroll, and talent management solutions, announced today that Knight Oil Tools has selected Ultimate Software's UltiPro delivered through its software-as-a-service model, Intersourcing, to manage human resources and payroll, in addition to Ultimate's talent management feature-set, including recruitment, performance management, and learning management functionality. Today, Knight and its operating companies -- Knight Oil Tools[TM], Knight Fishing Services[TM], Knight Well Services Well services is a department within a petroleum production company through which matters concerning existing wells are handled. Having a shared well services department for all (or at least multiple) assets operated by a company is seen as advantageous as it allows the pooling of [TM], and Knight Manufacturing[TM] -- are the largest privately held rental and fishing tool companies in the world.

Louisiana-based Knight Oil Tools had been using a payroll service bureau A payroll service bureau is an accounting business whose main focus is the preparation of payroll for other businesses. Such firms are often run by Certified Public Accountants, though a typical payroll processing company will refer to itself as a service bureau rather than a CPA  that lacked the HR functionality the company needed to manage its employees strategically, forcing the HR team to rely on spreadsheets for the majority of their workforce data. With significant growth in the past 36 months, expanding the rental tool company from approximately 200 to more than 700 employees, Knight Oil Tools' executives charged the company's new HR director to research and recommend an integrated HRMS/payroll solution that would allow the department to function more effectively. Knight selected Ultimate Software's UltiPro in July 2008.

"After reviewing eight vendors, no one compared with Ultimate, so this was not a difficult decision. UltiPro's functionality, versatility, customer support, and ease of use for the average employee immediately drew me to the solution," said Mike Brady Mike Brady may refer to:
  • Mike Brady (golfer)
  • Mike Brady (musician)
  • Mike Brady (Brady Bunch): character played by Robert Reed on the television program The Brady Bunch
, director of human resources for Knight Oil Tools. "We are looking forward to a very long relationship with Ultimate and know that UltiPro will allow our HR department to better serve not only the people of our company, but our financial objectives as well -- giving us the ability to improve our bottom line."

"As they become more successful, many businesses find that payroll service bureaus will not address the employee management needs of their organization as they increase in size and complexity," said Greg Swick, Ultimate Software's chief sales officer. "Ultimate Software understands the vital role that an end-to-end human resource solution can play in a business's ability to achieve its goals, and we are pleased to have the opportunity to add value to Knight Oil Tools as it grows."

About Ultimate Software

A leading provider of end-to-end strategic human resources, payroll, and talent management solutions, Ultimate Software markets its award-winning UltiPro products as on-demand services through its software-as-a-service (SaaS) offering, Intersourcing, and as licensed software. Based in Weston, FL, the Company employs 850 professionals who are focused on developing the highest quality products and services. In 2008, Ultimate Software was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC ISO/IEC International Organization for Standardization/International Electrotechnical Commission (ITU-T M 3000)  27001:2005 Certification for security management, and its development team was named the #1 "Best Product Development Team" in the nation by the American Business Awards. Ultimate Software's internal technology team won a first-place award for its management of Intersourcing from the American Business Awards in 2007, and its customer service team won two first-place awards in national competitions for service excellence in 2006. Ultimate Software was ranked the #1 best medium-sized company to work for in America by the Great Place to Work[R] Institute in June 2008. Ultimate Software has more than 1,600 customers representing diverse industries, including such organizations as The Container Store, Elizabeth Arden Elizabeth Arden (December 31, 1878 - October 19, 1966) was a Canadian businesswoman who built a cosmetics empire in the United States.

Arden was born Florence Nightingale Graham in Woodbridge, Ontario, where she lived until she was twenty-four years old.
, Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation).
Major League Baseball (MLB) is the highest level of play in North American professional baseball.
, The New York Yankees Editing of this page by unregistered or newly registered users is currently disabled due to vandalism.  Baseball Team, Nintendo of America, Ruth's Chris Steak House Ruth's Chris Steak House (NASDAQ: RUTH) is a chain of 106 steakhouses[1] across the United States and in several international locations. The restaurant is regarded as an upscale fine dining establishment, marking a gradual elevation in its status since its founding , and Sony BMG Sony BMG Music Entertainment, Inc. is the result of a 50/50 joint venture between Sony Music Entertainment (part of Sony) and BMG Entertainment (part of Bertelsmann) completed on August 5, 2004.  Entertainment. More information on Ultimate Software's products and services can be found at www.ultimatesoftware.com.

UltiPro and Intersourcing are registered trademarks of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.
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Publication:Business Wire
Date:Aug 27, 2008
Words:598
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