Date: February 12, 2016 10:00 AM EDT
Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that Warren Equipment Company has upgraded its core HR, payroll, and talent acquisition solutions with Ultimate’s UltiPro®, gaining greater HCM functionality, more efficiency with HR and business processes, and widespread employee adoption of the solution, while experiencing a 188% return on its investment in under eight months.
Founded in 1971, Texas-based Warren Equipment serves the equipment needs of the oil and gas, power generation, construction, and agriculture industries. The company is composed of several enterprises—Warren CAT, Ignition Systems & Controls, SITECH Texoma, and Perkins South Plains.
Prior to going live on UltiPro, Warren Equipment relied upon an HCM solution that offered limited functionality and was highly inefficient and costly. Payroll was not automated, increasing the risk of human error and requiring added attention from HR, and employees found the system difficult to use, resulting in low adoption rates. These deficiencies burdened the HR team and contributed to an overall drag on employee productivity. Seeking broader functionality, greater user participation, and increased efficiency across a wider cross-section of HCM, Warren Equipment switched to UltiPro, going live with a smooth and rapid deployment in July 2015.
“We noticed immediate differences with UltiPro—the effectiveness, efficiency, and accuracy of our HCM has improved by several orders of magnitude,” said Brian Gee, senior human resource manager at Warren Equipment. “For instance, by replacing our manual payroll processes with UltiPro’s automated payroll, we have measurably improved our data integrity. The process itself is also more efficient. Because payroll no longer requires as many hands, our people can focus on benefits administration and other workflows.”
In addition to gained efficiency and accuracy with payroll, Warren Equipment cites such wide-ranging benefits with UltiPro as more accurate workforce reporting and tracking, newfound functionality in talent management, more intuitive recruiting, and automated onboarding. Warren Equipment saw a 188% return on its investment in UltiPro in just 7.2 months—with a savings of more than $800,000, according to Nucleus Research, a technology research firm that quantified Warren Equipment’s results. Returns came from multiple areas companywide, such as reduced costs for software license subscription fees and employee training, as well as from improving data accuracy.
UltiPro’s workflows and the resulting hard and soft cost savings have not only benefited Warren Equipment’s HR staff members, but have also served to increase the solution’s usage across the company. By centralizing data entry using a consolidated, online solution that includes a view of compensation, benefits, and other important personal information, UltiPro has fundamentally changed the way Warren Equipment operates. It’s also made a positive impact on the company’s people and their impressions about HR.
“What we wanted to do was change the way our people viewed the HR department,” said Gee. “Before UltiPro, we were viewed as a ‘necessary evil.’ We wanted to become a service department for the organization. We finally achieved that goal. The second week of UltiPro implementation, a manager told us we’d knocked it out of the park. We never had that happen with our previous solution.”
“Many companies are seeing fast results and significant ROI by deploying UltiPro, an HCM system built with users in mind, with standardized processes that help ensure greater data accuracy and less time spent by HR correcting errors,” said Greg Swick, chief sales officer at Ultimate. “We are pleased that Warren Equipment Company is utilizing UltiPro to enhance its productivity and reduce error rates in payroll, while liberating its HR team to become more of a business partner to the entire organization.”
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