PerfectHR Calms the Perfect Storm in the Mid-Market Sector

Real-time human capital management cuts costs, maximizes value with new technology.

Norwalk, CT (PRWEB) September 8, 2005 -- The mid-market sector is enduring a painful pinch from rising energy and healthcare costs. For some, these winds of change are brewing a perfect storm that threatens profits. Companies spend more on their human capital investment than any other. PerfectSoftware, a leading provider of application-hosted and in-house HR solutions, rides to the rescue with PerfectHR-a solution that helps companies manage rising employee costs through new technology.

Capital Spending Predicted To Fall

According to Duke University/CFO magazine Business Outlook Survey (reported in the July issue of CFO Magazine), capital spending is predicted to drop in the near future, which means fewer resources will be available to support employee services even as many companies are bringing on more staff to take advantage of the partial economic recovery.

Cost Per Employee Predicted To Rise

Clearly, controlling the cost per employee for HR services is becoming more critical than ever. "Any company with more than 100 employees should recognize that a centralized HRMS is an essential business application," says Paul Hamerman of Forrester Group in his 2004 study of HR and payroll solutions.

The .NET Technology Advantage from PerfectHR

Unlike other solutions available today, PerfectHR by PerfectSoftware is built on Microsofts secure .NET architecture. This unique technology/service package for a complete HR solution is offered to employers at a reasonable subscription or license fee. Customers are discovering that PerfectHR is a true original offering, completely different from traditional solutions.

"No longer will companies have to process with legacy batch systems," said Mike Gabriele, president of PerfectSoftware. "The software-as-service model is the most cost efficient and optimal technology solution a company can have in todays marketplace."

PerfectSoftware offers traditional services like tax filing, employee self-service, payroll and direct deposit priced by the number of employees and users who access the system. But unlike traditional outsourcing, or even "web-hosted services" from traditional outsourcers, PerfectHR offers more visibility to the companys own data, faster transactions, enhanced security, and reduced processing time. All this adds up to less cost for the company per employee.

Because of how PerfectSoftwares .NET architecture handles key costs drivers, PerfectHR allows organizations to:

- fine tune their budgets with greater visibility into the direct costs of their employee services,

- get relief from expensive hardware infrastructures by outsourcing hardware and networking, and

- never compromise quality and compliance.

About PerfectSoftware

PerfectSoftware empowers Human Resource and Payroll professionals with customer-driven solutions that recruit, develop, pay and retain key employees. PerfectSoftware focuses on middle market companies and provides its customers with unique features that provide key benefits toward corporate goals and objectives. Revenue and expenses are directly impacted through positive results.

Complete Press Package Available

To set up interviews that assist you in telling the story of how using the best HR technology cuts critical costs while not compromising service and compliance, contact:

Gary Tucker, PerfectSoftware

(203) 852-9100 ext 105

- Interview Executives

Michael Gabriele, President. With twenty years of HR experience, Mr. Gabriele is available to journalists for scheduled interviews. He has facilitated the creation of custom software for hundreds of companies, including the ADP Payroll Link.

Brian Kesselman, Vice President of Technology, discusses how PerfectSoftware is unique in using Microsofts secure .NET architecture and the huge savings in efficiency and costs this brings to customers.

- Interview Customers

Bette J. Mercer    - Director, Human Resources     Richard Kramer - VP/ Human Resources

Client interviews must be coordinated through PerfectSoftware press relations, please.

- See live demonstration. PerfectHR will be demonstrated live from the PerfectSoftware display (booth number 121) October 19-21, McCormick Place, Chicago, at the 8th Annual HR Technology Conference & Exhibition.

- Request comparison chart. PerfectSoftware has a chart available for journalists that detail the differences between its .NET architecture and traditional in-sourcing and out-sourcing solutions.

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