October 11, 2012
Insperity Software-as-a-Service Businesses Cross 100,000 Seats
By Raju Shanbhag
Insperity, Inc., a provider of human resources and business performance solutions for America's best businesses, has announced that the company recently crossed 100,000 seats for Software-as-a-Service (SaaS (News - Alert)) businesses. Insperity offers SaaS offerings such as Time and Attendance, Expense Management and Performance Management.
Insperity Performance management allows users to create and conduct useful performance reviews. By setting and tracking measurable goals, the company’s cloud-based platform enables users to customize their company’s review process and enhance employee performance.
For service-oriented companies, payroll is often the largest expense. By ensuring that the employees are working the right hours, in the right place and are accurately compensated for their time, Insperity TimeStar time-tracking software helps users to get the most value from their workforce.
By automating and channelizing the expense reporting process, the Insperity ExpensAble solution makes tracking and reporting expenses simpler than before. The ExpensAble solution makes expense management easy and offers deep insight that can save the users’ business, and is used by more than 3,000 client companies all over the world.
“The growth of our SaaS businesses and resulting achievement of surpassing 100,000 seats clearly reflects Insperity's continuing evolution as one of America's top business solutions providers," said Paul J. Sarvadi, Insperity chairman and chief executive officer. "In the last 12 months, we have experienced a 34 percent increase in SaaS seats, which demonstrates the strength of our products. We expect this rapid growth to continue.”
In 2011, the company published the results of a survey where it stated that companies are gradually going ahead with growth plans in 2011, but those plans are bogged down by continued economic uncertainty.
Edited by Brooke Neuman