The compensation management software company HRsoft has recently announced a partnership with Ultimate Software's UltiPro® Developer Network. Both companies hope the new connection will foster better integration of their solutions to create ease of access for mutual clients when it comes to data exchange between the two systems, the UltiPro HCM solution, and HRsoft's compensation management software solution, COMPview.
COMPview simplifies the complex aspects of compensation management and planning with a centralized, cloud-based software solution. Employers use the software for determining the proper distribution of budgets for salary adjustments, bonus plans, equity awards and merit increases. Often, this distribution must be done in accordance with various factors, such as individual performance measurements, departmental achievements and organization-wide metrics.
Compensation professionals and line managers use the COMPview software solution to make pay decisions that are aligned with the employer's business strategy. Today, compensation management is recognized as more important than ever, as employers look to ensure that pay decisions are in line with company-designed plans and budgets. In addition, regulatory compliance is an emerging concern, with pay equity a priority for employers.
David Kennedy, HRsoft CEO, said: "The new partnership with Ultimate will provide opportunities for both companies to solve critical business challenges for clients in the area of compensation management. We are thrilled to collaborate with Ultimate, a terrific technology company with a winning culture." Kennedy added: "Together, our solutions help employers achieve success by improving their decision-making and the entire workflow relating to compensation. We are excited to bring added value to UltiPro users."
Ultimate and HRsoft developed a deep integration using the UltiPro Developer Network to support the new partnership. The result is an Application Programming Interface (API) that allows data to automatically move between the UltiPro and HRsoft solutions. This is now available to UltiPro users.
The UltiPro Developer Network gives partners the opportunity to create a unique integration with Ultimate's UltiPro platform and offers information, resources and documentation designed to meet Ultimate's standards and mission through seamless and real time functionality.
Edited by K. Fanning
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