Ultimate Software
(
ULTI
) recently announced that Texas Rangers Baseball, LLC has been
able to better manage its operations using the company's
UltiPro.
Ultimate Software Group provides unified human capital
management (HCM) software-as-a-service (SaaS) solutions, commonly
known as "cloud" solutions.
UltiPro Software from Ultimate Software is a comprehensive
SaaS-or cloud-based solution that serves organizations in the
Unites States and Canada.
The solution caters to a wide array of operations like talent
acquisition and onboarding, human resources (HR) management and
compliance, benefits management and online enrollment, payroll,
performance management, salary planning and budgeting for
compensation management, succession management, reporting and
analytical decision-making tools, and time and
attendance.
Based in Arlington, Texas Rangers Baseball, LLC is a 2000
employee professional baseball team. Using UltiPro from
Ultimate Software, Texas, has significantly improved hiring
efficiencies; streamlined multiple HR business processes,
including onboarding and time management; and can better manage
and forecast human capital expenses with UltiPro.
The HR team of Ultimate Software earlier faced challenges in
identifying and hiring approximately 1,200 individuals in a
variety of roles, which include security, parking, and customer
service representatives.
The use of UltiPro has enabled the HR and payroll teams of
Texas Rangers to improve their seasonal hiring, automate manual
processes, and provide better service to candidates who are
willing to work for the Texas Rangers.
Using the UltiPro Recruitment, applicants are now able to
complete forms online, which in turn reduce paper usage along
with improving the accuracy of hiring information. Along with
other usage complexities relatively flattened out, hiring process
was made smoother in 2012 for Texas Rangers.
UltiPro software has been gaining strength in recent times.
Earlier, UltiPro solution was selected by insurance company,
Sammons Financial Group (SFG), to better manage its
operations.
The solution will enable Sammons to enhance employee
communication, provide direct access to employee data for
managers and help develop and provide people-centric reporting
and business intelligence.
With employee strength of 1,400 in four offices and many
virtual locations around the U.S., SFG along with its member
companies offers a diverse portfolio of investment
services.
We continue to maintain a Neutral recommendation on Ultimate
Software. Our recommendation is supported by a Zacks #3 Rank,
which translates into a short-term rating of Hold.
ULTIMATE SOFTWR (ULTI): Free Stock Analysis
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