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Portfolio News May 13, 2013

WorkForce Software Announces Significant Global Expansion and Strategic Acquisition

WorkForce Software, the leading provider of workforce management solutions for organizations with complex labor policies and stringent compliance demands, today unveiled several initiatives comprising its global expansion.
WorkForce Software Announces Significant Global Expansion and Strategic Acquisition

Company Unveils Aggressive Growth Strategy; Significant Presence in Key Geographies

LIVONIA, MI and SYDNEY, AUSTRALIA–(Marketwired – May 15, 2013) –  WorkForce Software, the leading provider of workforce management solutions for organizations with complex labor policies and stringent compliance demands, today unveiled several initiatives comprising its global expansion. The company announces the acquisition of Sydney-based RosterLive, a provider of Software-as-a-Service (SaaS)-based workforce management solutions to the Australian market; the establishment of new offices in the United Kingdom; the formation of a key strategic alliance in China; and new data centers in the Netherlands and Sydney, Australia.

Today’s announcement follows recent disclosure of WorkForce Software’s record-setting Q1 performance — including a 139% year-over-year (YOY) increase in bookings and 122% YOY increase in SaaS revenues — and represents the next stage of the company’s 2013 growth strategy.

“Since our inception in 1999, we’ve been squarely focused on developing and delivering workforce management solutions that transcend the simplistic ‘punch-in, punch-out’ approach that is all too common in our industry,” stated Kevin Choksi, co-founder and CEO of WorkForce Software. “Our dedication to addressing the complex, constantly changing labor management needs of our clients — solely through configuration, not customization — is ideally suited to today’s business demands and has played a key factor in our ongoing success. Today I’m proud to announce that we’re taking our already impressive global presence to the next level in a large and meaningful way.”

WorkForce Software in Australia
To augment WorkForce Software’s growth in the Australia and New Zealand region, WorkForce Software today announced the acquisition of RosterLive, a SaaS-based provider of workforce management solutions to the Australian market. Focused on Small and Medium Business (SMB) organizations, the company has over 200 clients. Through a SaaS architecture and a highly-configurable approach to delivering tailored solutions without the need for custom code, RosterLive’s business model closely parallels that of WorkForce Software.

The RosterLive suite also delivers a similar array of solutions to their client base, including:

  • Automated rostering (a.k.a. scheduling)
  • Time & attendance
  • Award interpretation (a.k.a. pay rules)
  • Leave management
  • Workforce communication
  • Employee Self Service (ESS)
  • Payroll Integration

“WorkForce Software has developed a strong reputation for not only delivering world-class workforce management solutions, but also for quickly delivering tangible results for their clients,” stated Rhys Williams, co-founder of RosterLive. “At RosterLive, we have a long-standing track record of delivering the very same value to our clients and we’re thrilled to become part of the WorkForce Software family.”

Leslie Tarnacki, WorkForce Software’s vice president of Human Resources, will relocate to Sydney and serve as General Manager of the newly-acquired business, as well as continue her global HR responsibilities. During Tarnacki’s tenure, WorkForce Software has received numerous corporate culture and ‘top places to work’ awards. The move will help to ensure the successful integration of the RosterLive corporate culture with that of WorkForce Software.

RosterLive will remain as a wholly-owned subsidiary of WorkForce Software and continue independent business operation as “RosterLive, a WorkForce Software Company.”

European Expansion
During the first quarter of 2013, WorkForce Software solidified its presence in the United Kingdom by establishing offices in London with multiple personnel. Home to the company’s sales, support, and business functions in England, the Berkshire location has already developed significant opportunities through direct and partner-driven channels, revealing pent-up demand for the ability to address the U.K.’s complex workforce management needs.

“WorkForce Software’s EmpCenter suite provides a mature and highly-capable solution, which is particularly well suited to larger organizations with more complex operations, including those with multi-site, multinational components,” stated Jason Chester, CEO and Director of Research at U.K.-based research firm, Infogencer.

To better support our clients throughout Europe, WorkForce Software has also established a SaaS data center in the Netherlands, with a second data center soon to follow in Germany. Through these locations, WorkForce Software will deliver additional high-quality, high-availability services with data privacy that meets stringent global standards.

Newly-Launched Partnership in China
Continuing with the company’s aggressive expansion throughout the Asia and Pacific region, today WorkForce Software also announces the establishment of a reseller and implementation agreement with the China Talent Group, a leading outsourcing services provider in human resource and business processes. Established in 2003, CTG has branches and offices in hundreds of cities in China, such as Beijing, Shanghai, Guangzhou, Shenzhen, Xi’an, Nanjing and Lhasa. With over 300 offices, the China Talent Group has the scope and scale to deliver WorkForce Software’s solutions throughout the country alongside its payroll offerings.

For more information, visit www.workforcesoftware.com.

About WorkForce Software
WorkForce Software is the leader in workforce management software for organizations with complex policies and compliance concerns. Its EmpCenter® suite enables organizations to fully automate time & attendance processes, effectively manage employee absence and leave, optimize staff scheduling, gain real-time visibility into labor costs and activities through robust analytic and reporting tools, and mitigate the risks associated with employee fatigue across the enterprise. Hundreds of leading organizations, including the University of California, Blizzard Entertainment, AMF Bowling, Duke Energy and BBVA Compass, rely on EmpCenter to streamline compliance, reduce payroll costs, provide more intuitive tools to their employees, and achieve strategic HR on a global basis.

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