BRANCHBURG, N.J. – September 15, 2009 – SaaShr.com (www.SaaShr.com), a subsidiary of WebApps, Inc., and leading provider of Software as a Service (SaaS) with a major push in Workforce Management Solutions, has enabled partner Primepoint, LLC to take business intelligence and performance management to a new level for its clients. Primepoint, LLC enables organizations to take payroll, a primarily transactional process, and turn it into a strategic management tool. “Combining our solution with SaaShr.com’s completes our offering and helps increase the speed at which payroll and payroll related expense data can be used for business analysis purposes,” said Steve Usarzewicz, the Director of the Time and Labor Management Division at Primepoint, LLC.
Gartner, Inc. reported that the worldwide business intelligence (BI) platform, analytic applications and performance management software revenue reached $8.8 billion in 2008, a 21.7 percent increase from the 2007 revenue of $7.2 billion. “Traditionally, payroll is viewed by most organizations as a transactional process that has the end goal of producing an accurate pay check and a group of basic reports. Of course we accomplish that part of the process, but because our technology is different, Primepoint enables a great deal more capability that turns the process into a strategic management tool. We’re enabling business owners and executives to use the payroll process to know exactly how much payroll and payroll related expense it takes to run a location, a department, or even create a product,” said Victor Scire, VP of Marketing at Primepoint, LLC.
According to PricewaterhouseCoopers’ Saratoga Institute, an average organization spends $.28 on workforce compensation and benefits to earn $1.00 in revenue. “With SaaShr.com, in combination with our technology, we can provide BI from the punch to the paycheck and include payroll related expenses,” stated Scire. Primepoint, LLC helps businesses engineer payroll processing systems that will show employers where costs are highest, so they can reduce workforce related costs associated with generating revenue. “Our offering sets us aside from other payroll service bureaus because we provide much more advanced BI and analytical data to our clients.”
“Prior to partnering with SaaShr.com, we were looking for a time and labor management solution that could handle the varied employee demographic that makes up our customer base,” explained Usarzewicz. “SaaShr.com exceeded our expectations and now we have a solution that allows us to be very attractive to businesses of all sizes, including those with thousands of employees.”
About Primepoint, LLC –
Primepoint is a payroll service and HR information system technology company offering the capability to integrate HR related business services for organizations employing from one to thousands of employees. Primepoint is positioned to offer better technology, better service, and fees that are generally less expensive for payroll services and HR information systems, which include the calculating and payment of federal, state, and local payroll taxes - - www.eprimepoint.com.
About SaaShr.com –
Formed in 2002, SaaShr.com helps companies deliver both internal and consumer-facing applications as a service that are more intuitive, easier to deploy, and offer lower total cost of ownership. Two distinct business lines include a pre-existing set of Human Resource centric applications that are offered under a private-label model and a pure multi-application, multi-tenant delivery platform that can be coupled with industry-specific business logic and proprietary data to be delivered as a complete SaaS solution - - www.SaaShr.com.