Ultimate Software has recently announced that they have put forth their Letter of Intent (LOI) regarding the acquisition of PeopleDoc and its controlling shareholders. PeopleDoc is an HR service delivery platform based out of Paris, France, and the merger of the HR Delivery platform will aid Ultimate in their goal of bettering the employee experience through innovative and personalized features for its users, like an online employee help center, HR case management, and employee file management.
Upon completion of the transaction, PeopleDoc will continue operating globally as a wholly owned subsidiary of Ultimate, developing, selling, and supporting cloud-based HR Service Delivery solutions that integrate with multiple HCM platforms to organizations based in North America and Europe. In addition, beginning in January 2019, Ultimate customers will have the option to select HR Service Delivery features as part of the unified UltiPro HCM suite, which includes core HR, payroll, benefits management, workforce management, talent acquisition, and talent management.
When used in conjunction with the UltiPro HCM platform, the new HR Service Delivery options will give Ultimate customers the ability to provide faster, more responsive support to their workforces—as well as reduce the administrative burden on HR and payroll teams. For instance, these new features will allow customers to immediately process online employee help requests, serve up personalized answers and guidance to employees automatically in real-time, and route and track the status of employee inquiries, all without requiring employees to understand the structure of the HR organization.
“PeopleDoc’s multi-national team has a proven track record of success and expertise serving global organizations,” said Scott Scherr, CEO, President, and Founder of Ultimate. “This acquisition will open doors for Ultimate to further expand our presence in international markets. We are looking forward to taking care of PeopleDoc’s employees, as our two amazing cultures create an even stronger organization.”
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