|By Business Wire||
|June 17, 2014 12:00 PM EDT||
Paychex, Inc., a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses, today announced it has acquired nettime solutions, LLC, a leading cloud-based time and attendance solutions provider.
Paychex president and CEO Martin Mucci says the acquisition pairs Paychex’s record of exceptional customer service with the SaaS time and attendance technology of a market leader.
“The acquisition of nettime solutions accelerates our ability to deliver the latest cloud-based time and attendance functionality, which is important to the markets we serve,” Mucci said. “The combination of nettime’s development expertise and Paychex’s service experience positions us to expand our success in the time and attendance market. We welcome nettime solutions to the Paychex family.”
Based in Scottsdale, Arizona, nettime solutions was founded in 2008 by Bahan Sadegh.
”Since founding nettime solutions, we’ve been at the forefront of cloud-based time and attendance, and we have been able to make a significant impact on the business lives of our clients and partners,” said nettime solutions founder and CEO Bahan Sadegh. “By positioning ourselves with Paychex and working together to achieve a united strategic vision, we will continue to provide innovative HR technology solutions to help organizations realize their business goals.”
Nettime has approximately 60 employees. All will be offered the opportunity to become Paychex employees. Terms of the acquisition were not disclosed.
Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 570,000 payroll clients as of May 31, 2013. For more information about Paychex and our products, visit www.paychex.com.
Stay Connected with Paychex
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 8, 2016 01:45 PM EST Reads: 708
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 8, 2016 01:45 PM EST Reads: 744
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Dec. 8, 2016 01:15 PM EST Reads: 1,160
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Dec. 8, 2016 01:15 PM EST Reads: 716
Dec. 8, 2016 01:00 PM EST Reads: 1,178
Dec. 8, 2016 01:00 PM EST Reads: 453
Dec. 8, 2016 12:45 PM EST Reads: 1,226
Dec. 8, 2016 12:45 PM EST Reads: 1,733
Dec. 8, 2016 12:15 PM EST Reads: 1,108
Dec. 8, 2016 12:00 PM EST Reads: 2,180
Dec. 8, 2016 12:00 PM EST Reads: 494
Dec. 8, 2016 11:30 AM EST Reads: 2,329
Dec. 8, 2016 11:21 AM EST Reads: 223
Dec. 8, 2016 11:00 AM EST Reads: 895
Dec. 8, 2016 11:00 AM EST Reads: 988