Canada-Based Insurer Selects Ultimate Software’s UltiPro for Strategic People Management

Tuesday, May 22, 2012 2:00 pm EDT

Dateline:

WESTON, Fla.

Public Company Information:

NASDAQ:
ULTI
US90385D1072
"UltiPro delivers the recruitment, performance management, and succession management features to more effectively attract and retain the best possible workforce for our business."

WESTON, Fla.--(BUSINESS WIRE)--Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today The Co-operators Group Limited, one of Canada’s leading insurers with 6,500 employees, has selected the UltiPro solution to consolidate its people-centric operations, improve the precision and delivery of workforce data, and elevate its strategic talent management capabilities.

The Co-operators is a Canadian-owned and -operated company that has been using separate systems for HR and payroll as well as other in-house systems to fill functional gaps. With eight business entities, the insurance company needed one HCM solution that could handle the entire employee lifecycle for its multiple business units and that included a strong payroll engine and talent management features. To achieve its objectives, The Co-operators HR team selected UltiPro in December 2011.

“In addition to having one technology provider that manages the entire scope of our people management processes, we especially needed advanced functionality for strategic talent management,” said Christopher Perkins, director of change management at The Co-operators Group. “UltiPro delivers the recruitment, performance management, and succession management features to more effectively attract and retain the best possible workforce for our business.”

In addition to elevating its strategic talent management, The Co-operators is also planning to improve HR effectiveness and efficiencies across the organization by centralizing employee information into one cohesive solution, improving the accuracy and integrity of its data, and using workflows to expedite and standardize workforce changes.

“We participated in a year-long RFP process that compared dozens of HCM and technology vendors, and in the end, UltiPro stood out as the right solution to provide the functionality, usability, and overall value that will support our business,” said Perkins.

“Ultimate Software is very pleased to offer businesses in Canada a comprehensive technology solution for HR and payroll that gives them control over their information, immediate access to centralized business intelligence, and tools that take talent management to a strategic level, not just the administrative process of submitting an employment application or completing an annual performance review,” said Greg Swick, chief sales officer at Ultimate Software. “The ability for a company to effectively manage and strengthen its talent sets it apart from its competitors, and achieving this goal has become a model of good business practices for top companies like The Co-operators Group. We welcome this organization to Ultimate Software’s family of business partners, and we look forward to a relationship that will provide long-term results.”

About Ultimate

Ultimate is a leading cloud provider of people management solutions. Built on the belief that people are the most important ingredient of any business, Ultimate’s award-winning UltiPro delivers HR, payroll, and talent management solutions that seamlessly connect people with the information and resources they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida and has more than 1,400 professionals focused on developing the highest quality solutions and services. In 2012, Ultimate was ranked #25 on FORTUNE’S “100 Best Companies to Work For” list. Ultimate has more than 2,300 customers with employees in 115 countries, including Adobe Systems Incorporated, The Container Store, Culligan International, Major League Baseball, The New York Yankees Baseball Team, and Texas Roadhouse. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.

UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

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Contact:

Ultimate Software, Weston
Public Relations Contact: Darlene Marcroft, 954-331-7444
darlene_marcroft@ultimatesoftware.com
or
For Sales Information:
Ultimate Software, 800-432-1729
Web site: www.ultimatesoftware.com