September 21, 2015 – Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it has received certification from the Internal Revenue Service’s (IRS) Affordable Care Act Information Returns (AIR) Program. Completion of this certification program allows Ultimate to electronically file required Affordable Care Act compliance documents with the IRS on behalf of Ultimate’s customers.
The Patient Protection and Affordable Care Act (PPACA, also most commonly known as simply ACA) requires all U.S. employers with at least 50 full-time employees, including full-time equivalents, to file Forms 1094-C and 1095-C with the IRS in early 2016 or they will be subject to penalties for failure to comply.
Any software developer or transmitter filing Forms 1094-C and 1095-C on behalf of another employer must be approved through the IRS AIR program, which opened up at the end of July. With the AIR certification, Ultimate adds an additional level of service and value to its existing ACA Employer Services offering by being able to electronically file required ACA documents on behalf of customers.
“Vendors do not have to obtain this certification if they want to file manually, but we want to ensure rapid compliance for our customers—so we took this extra step,” said Adam Rogers, chief technology officer at Ultimate Software. “We’re very pleased to lead our industry with this certification and set the standard in saving our customers time and in helping organizations manage ACA compliance as quickly and smoothly as possible.”
Ultimate Software’s UltiPro solution delivers a comprehensive set of ACA functionality and reporting, giving its customers everything they need to meet compliance for the 2016 deadline. All of Ultimate’s customers have access to UltiPro’s ACA Toolkit with the fall 2015 release of UltiPro. Functionality within the ACA Toolkit includes the automatic population of all lines on Forms 1094-C and 1095-C. Additionally, through its ACA Distribution Services and ACA Management Services, Ultimate provides its customers the option to have Ultimate file Forms 1094-C and 1095-C on their behalf.
Ultimate customers leveraging ACA Distribution Services or ACA Management Services will not be required to take any action with the IRS for ACA filing. As a certified and IRS-approved transmitter, Ultimate will:
• Securely manage and file electronic submissions based on IRS specifications
• Ensure timely transmittal of returns to the IRS
• Promptly correct any transmission error that causes an electronic transmission to be rejected
“We are excited to have Ultimate handling our ACA filing for us, and this certification validates Ultimate’s commitment to managing the process as effectively as possible,” said Keith Norwood, chief human resources officer, Armacell. “It will remove a great deal of stress and administrative burden from our team and will enable us to focus on important, more strategic initiatives.”
To learn more about HRchitect and how we can help your organization and your Human Capital Management (HCM) technology needs, please visit www.HRchitect.com. As the leader in HCM Systems strategic consulting, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation and selection, change management, implementation, project management and ongoing support of HCM systems of all types including Talent Acquisition, Talent Management, Learning Management, Workforce Management, Benefits, Core HR/Payroll, and more. After more than 18 years in business working on over 2100 successful engagements for more than 1000 clients of all sizes and industries across the globe, our experience is vast. We have expertise around all major HCM systems including IBM Kenexa, Oracle, Taleo, WorkForce Software, Ultimate Software, Saba, Benefitfocus, SumTotal Systems, SAP, SuccessFactors, Lumesse, PeopleFluent, Cornerstone OnDemand, Infor, and more. HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.
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