Independent Research Report Recognizes Ultimate Software as a Leader in SaaS HR Management Systems
Date: August 23, 2017 3:30 PM EDT
Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it was named a Leader in The Forrester Wave™: SaaS Human Resource Management Systems, Q3 2017.
In the report, Forrester evaluated eight vendors across three categories: current offering, strategy, and market presence. Current offering focused on core and extended HR functions and technical capabilities, among other factors. The two primary criteria in the Strategy category included the vendor's product strategy and vision, and partner ecosystem and growth. Market presence factors in the company revenues, the number of customers, and the aggregate number of active employees managed across the SaaS HR management systems customer base.
The Forrester report notes that, “Ultimate differentiates itself in the market by leveraging its own employee-centric culture to drive its people-first product and go-to-market strategies,” and also stated that “Ultimate makes a strong, visionary case for the value of an engaged workforce in driving business results.”
"We believe our scores across the range of evaluation criteria validate our philosophy of always putting people first. This core principle determines how we treat our employees, design our solutions, and serve our customers," said Scott Scherr, CEO, president, and founder of Ultimate. "The market need for SaaS HR solutions is high as companies recognize that they can best drive business results by taking care of their people."
About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management solutions, with more than 33 million people records in the cloud. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 3,950 professionals. In 2017, Ultimate ranked #7 on Fortune’s 100 Best Companies to Work For list, its sixth consecutive year in the top 25; #7 on Forbes’ list of 100 Most Innovative Growth Companies; #2 on People’s 50 Companies That Care list; and the National Customer Service Association named Ultimate Service Organization of the Year in the Large-Business category. Ultimate has more than 3,700 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Major League Baseball, Red Roof Inn, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.
UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.
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Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
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