iSolved HCM, a human capital management technology company, bringing together key workforce functions in one easy-to-use platform, iSolved, recently announced the acquisition of ExcelPay, an Atlanta-based provider of payroll and human capital management services.
This move is a mutually beneficial advancement of the companies' close relationship that began when ExcelPay first joined the iSolved Network of Certified Partners in 2015.
iSolved helps clients manage vital workforce challenges with its cloud-based human capital management solution that streamlines and assists with human resources, payroll, time and attendance, benefits enrollment, talent management and compliance.
Designed especially for small-and-midsized businesses, adoption of the technology has expanded to cover more than 45,000 employers and 3 million employees. ExcelPay was one of over 100 partners contributing to iSolved's remarkable growth.
Dave Dawson, CEO of iSolved HCM said: "The iSolved Network is designed to help partners grow and ExcelPay nearly doubled their business as an iSolved Certified Partner. After experiencing this rapid growth, ExcelPay leadership determined the best strategy for serving their expanding base of customers was to tap into iSolved's Exit & Acquisition Program where Certified Partners have an option to join iSolved HCM. This optional program provides service bureau management a high-value path to exit ownership, while ensuring customers experience no disruption."
Tynes Hildebrand, ExcelPay president, said, "We chose to merge with iSolved as they are the brains behind the payroll and HR technology we have already been using. This combination of forces provides ExcelPay clients with direct access to even more powerful tools, features and options, while maintaining the special relationships and service standards inherent in the culture of both companies."
Edited by G. Davila