Panasonic Electric Works Corporation of America "Live" on Ultimate Software's UltiPro Through Intersourcing.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 Panasonic Electric Works Corporation is "live" on UltiPro delivered through the Intersourcing service model after an on-time, on-budget implementation in January 2007. Panasonic Electric Works Corporation of America (PEWA PEWA Private Eye Writers of America ) is the U.S. subsidiary of Matsushita Electric Works Matshushita Electric Works (MEW), Ltd. can trace its beginnings to a company that was founded in 1918 by Konosuke Matsushita. Matshushita began making the flashlight components for bicyles, then progressed to making lighting fixtures. , Ltd., an $11 billion company that designs, develops, manufactures, and distributes electrical construction materials, home appliances, residential building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . , automation control products, wiring devices, and electronic materials. The manufacturer 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 , but decided to move to an integrated end-to-end talent management solution to streamline processes, reduce its reliance on paper, and increase reporting capabilities, particularly for compliance reporting. "We've been living in a paper mountain of repetitive processes and re-creating manual Excel reports each month," said Karen Krutzsch, director of human resources for PEWA. "The potential for human error has been disconcerting dis·con·cert tr.v. dis·con·cert·ed, dis·con·cert·ing, dis·con·certs 1. To upset the self-possession of; ruffle. See Synonyms at embarrass. 2. . We look forward to new efficiency and excellence with UltiPro--we're long overdue." According to Krutzsch, Panasonic chose UltiPro because of its scalability, ease of use, and depth and breadth of functionality, including self-service for managers and employees. With UltiPro, Panasonic plans to migrate to more paperless HR and payroll transactions, reduce redundant data entry, increase the precision and speed of compliance reporting, and provide managers with online access to workforce reporting for heightened effectiveness and results. "With Panasonic's previous vendor, the HR team lacked critical tools for talent management, such as real-time business intelligence for meaningful analysis," said Greg Swick, Ultimate Software's senior vice president of sales. "We are pleased that Panasonic has selected UltiPro to help manage and deliver strategic workforce information to executives, managers, and human resource staff." 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 licensed software and as on-demand services through Intersourcing. Employing more than 600 professionals who are focused on developing the highest quality products and services, Ultimate Software was positioned in the Leaders quadrant of Gartner, Inc.'s "Magic Quadrant for U.S. Midmarket Human Resource Management Systems, 2006" and as a Leader in Forrester Research Inc.'s 2006 U.S. Midmarket HR solutions Wave ranking. Ultimate Software was also named the 2005 Payroll Provider of the Year by the Human Resources Outsourcing Association and ranked #3 on the 2006 Top 25 Best Medium-Sized Companies to Work for in America list by the Great Place to Work Institute. Also in 2006, Ultimate Software won two customer service awards, one from American Business Awards as the Best Customer Service Organization, and the other a first-place SSPA SSPA Solid State Power Amplifier SSPA Service and Support Professionals Association SSPA Software Support Professionals Association SSPA Short Statured People of Australia Inc. SSPA Submicron Signal Processor Architecture STAR Award from Service & Support Professionals Association. Ultimate Software customers represent diverse industries and include such organizations as The Container Store, Elizabeth Arden, The Florida Marlins Baseball Team, The New York Yankees 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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