PeopleSoft and Ceridian Announce Plans To Deliver Payroll Outsourcing Interface.PLEASANTON, Calif.--(BUSINESS WIRE)--Oct. 4, 1995--PeopleSoft, Inc. (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 : PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) today announced an agreement with Ceridian Corporation (NYSE NYSE See: New York Stock Exchange : CEN CEN - Conseil Européen pour la Normalisation. A body coordinating standardisation activities in the EEC and EFTA countries. ) to directly link Ceridian's payroll service and system with PeopleSoft HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist , the market-leading suite of client/server human resource management software. Under terms of the agreement, the two companies will develop a payroll interface for PeopleSoft HRMS customers who wish to outsource their payroll processing to Ceridian or who already are using its services. The agreement between PeopleSoft and Ceridian is part of PeopleSoft's strategy to support the widest range of popular platforms and third party applications for its worldwide HRMS customer base. PeopleSoft is part of Ceridian's open solutions strategy that allows Ceridian's more than 23,000 customers to mix and match HR and payroll products and services. In operation, PeopleSoft HRMS will provide employee data changes and calculated deductions to Ceridian's payroll system, and Ceridian will then transmit the results of its processing operations back to PeopleSoft HRMS for user inquiry. David Duffield David Duffield (born 1941) is a U.S. businessman in the software industry. He is best known as the co-founder and former chairman of PeopleSoft. In recent years he has consistently been on the Forbes World's Richest People list. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PeopleSoft, said, "As one of the leading payroll services and systems providers, Ceridian is a very important ally in the HR community. This partnership is a significant extension of PeopleSoft's strategy to provide integration with the broadest range of third-party applications and systems. Our customers get the best of both worlds -- our best of breed HRMS applications combined with Ceridian's powerful payroll system." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Patrick C. Sommers, President of Ceridian Employer Services: "Our agreement with PeopleSoft offers flexibility to our customers, allowing them to maintain a client/server HR system with PeopleSoft, but interface directly with our payroll service. This agreement is just another example of how Ceridian is becoming the only payroll company uniquely capable of supporting either insourcing (1) Doing work with inhouse employees. Contrast with outsourcing. (2) Creating jobs in your country by an organization that is foreign owned. Contrast with outsourcing. or outsourcing to meet the specific, individual needs of our customers." Delivery & Availability Ceridian plans to provide an initial payroll interface to PeopleSoft HRMS by the end of this year, with PeopleSoft planning to integrate the interface as an enhancement to its PeopleSoft Payroll Interface product next year. General availability of the PeopleSoft interface is scheduled for the next major enterprise release of all PeopleSoft applications during the third quarter of 1996. About Ceridian Corp. Ceridian Corporation (NYSE: CEN) is an information services See Information Systems. and defense electronics company. Its businesses include Ceridian Employer Services, Resumix, Employee Advisory Resource (EAR), the Arbitron Company, and Computing Devices International. Ceridian Employer Services helps companies manage both the systems and human aspects of the employment relationship by providing tools that include payroll and tax filing services, human resource information management systems and consulting services. It is the nation's second largest payroll and tax filing processing company. Subsidiaries of Ceridian Employer Services include Systems Tax Service, the industry leader in payroll tax Payroll Tax Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some form of payroll tax. filing processing and compliance services; Tesseract Corporation, a leading provider of in-house payroll, human resource and benefits administration systems for the Fortune 500; and Usertech, the industry leader in providing multimedia training to help companies integrate information technology and business processes. About PeopleSoft, Inc. PeopleSoft, Inc. (NASDAQ: PSFT) was established in 1987 to provide innovative software solutions that meet the changing business demands of enterprises worldwide. A client/server applications pioneer and market share leader, PeopleSoft develops, markets, and supports a complete suite of enterprise applications for accounting, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , distribution, manufacturing, and 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. . PeopleSoft's innovative use of technology empowers individuals to make informed decisions and manage constant change. With several hundred Fortune 1000 customers around the world, the company has been recognized for both its award-winning customer service and remarkable growth. PeopleSoft was listed by Fortune as one of the fastest growing companies in America in 1994 and 1995, and by Forbes as one of the 200 best small companies in America in 1994. PeopleSoft product and service information can be located on the World Wide Web at http://www.peoplesoft.com. -0- Note to Editors: PeopleSoft, PeopleCode and PeopleTalk are trademarks, and PeopleTools and nVision are registered trademarks of PeopleSoft, Inc. All other company and product names may be trademarks of their respective owners. CONTACT: PeopleSoft, Inc. John Cate, 510/295-9471 john_cate@peoplesoft.com or Ceridian Corporation Keith Peterson, 612/853-4146 or The Horn Group Michael Teeling, 415/579-6400 michael@horngroup.com |
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