iSolved HCM Adding PEO Functionality to its Technology Platform

News provided by

Aug 02, 2018, 12:06 ET

CHARLOTTE, N.C., Aug. 2, 2018 /PRNewswire/ -- A leading mid-market HR and payroll platform, iSolved, is adding key functionality to serve professional employer organizations (PEOs). iSolved currently supports over 45,000 employers with its technology platform through a network of regional payroll service bureaus. Many midsized companies are turning to these service bureaus and traditional PEOs to take on more of their people-management activities as they face the challenges associated with rapid growth and an ever-changing, complex regulatory environment. As such, iSolved will be launching a PEO module later this year that fully serves these growing market needs.

The iSolved platform, with its PEO module, will support all outsourced employee-management tasks such as employee benefits, workers' compensation, recruiting, safety and/or risk management, training, and development.

Providing PEO functionality within the iSolved platform ensures that the solution works for employers every step of their business life cycle. Organizations that move from or to a PEO will have greater flexibility and an easier transition. Midsized companies experiencing high-velocity growth may require PEO-type support in order to open offices in other states, hire employees rapidly, and minimize compliance risks. The current iSolved platform already offers HRIS, payroll, time tracking and benefits all within a single platform.

"iSolved is the unified technology that handles payroll, HR, and time within a single code base, as well as offering employee experience functionality such as learning management, hiring and onboarding, and performance management," said Todd La Fever, president and chief operating officer at iSolved HCM. "PEOs cover millions of employees across the nation, so it's a natural extension of our HR platform to provide full employee management support."

La Fever said he expects the PEO module to be released in the fourth quarter of 2018. More information on this announcement and other iSolved HCM product releases can be found at www.isolvedhcm.com.

About iSolved

iSolved HCM is an industry-leading human capital management technology company that brings together the key workforce functions in one robust, easy-to-use platform, iSolved. Payroll, HR, Time & Attendance, Onboarding, ACA Compliance, and Benefits Enrollment are all delivered from a single application, in the cloud, specifically built for the small-to-midsized employer. It has achieved rapid market share, with more than 3 million employees and growing. iSolved also includes innovative features and options to boost employee engagement and improve productivity, including its mobile app, iSolved GO, and its NXG line of time clocks. iSolved is delivered through elite, regional payroll providers who provide customers with the white-glove service they need in today's regulatory environment. This unique approach gives small-to-midsized employers access to a cutting-edge HCM solution, while retaining the local service relationship they prefer. For more information, visit www.isolvedhcm.com.

SOURCE iSolved