Nationwide Mutual Insurance licenses Ultimate workforce management software
Nationwide Mutual Insurance Company, one of the largest diversified insurance and financial services organisations in the world, has signed a business service provider agreement with The Ultimate Software Group, Inc.(NASDAQ:ULTI), a leading provider of Web-based payroll and workforce management solutions.
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The agreement, signed in December of 2004, grants Nationwide a non-exclusive license to use Ultimate Software's UltiPro Workforce Management solution as a stand-alone or integrated offering for Nationwide customers.
Nationwide's Strategic Investments team spent more than 6 months evaluating the human resource and payroll space and determined that UltiPro has the functionality and Internet-based technology to meet its customers' needs. Ultimate Software will host the solution for Nationwide and will work closely with Nationwide to set up its integration environment, pilot program, and call center.
"We are pleased with the capabilities of UltiPro and look forward to building this partnership with Ultimate Software," said Rubesh Jacobs, Office, Strategic Investments, Nationwide. "We anticipate the services of their workforce management solution will meet the needs of Nationwide's growing business."
"Nationwide's Strategic Investments team is an experienced, talented group, and we're very pleased that they selected UltiPro as the infrastructure solution for its human resources and payroll offering," said Marc Scherr, vice chairman and chief operating officer of Ultimate Software. "We're looking forward to working with them to deliver a high-quality solution that is easy to use and comprehensive."