Workforce Management Blog
Track and Measure Employee Time & Attendance
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Synerion North America Inc. acquires ITR Systems Division
Synerion becomes the largest Canadian mid-market provider of WFM solutions following the acquisition of ITR Systems Division.
Dec 15th, 2011, Mississauga, ON – A veteran in the WFM industry, Synerion announced this week their acquisition of the assets of the ITR Systems Division. Combined, the merger will create a company with more than 65 years’ experience and 20,000 customers worldwide, in a wide array of industries. The merger of the ITR division with Synerion means more effective, efficient and superior solutions for Synerion’s and ITR’s clients.
About Synerion
Tracking more than four million employees in various industries, Synerion provides comprehensive Workforce Management (WFM) software solutions and services that enable organizations to effectively optimize their most valuable asset – human resources. Using cutting edge technology and industry best practices, Synerion’s WFM Suite offers organizations a set of integrated tools for the measurable management of workforce performance. The solutions help companies meet organizational goals and maximize business performance.
About ITR
Established in 1965, ITR is the largest privately owned Canadian provider of workforce management systems, with more than 45 years of experience. With offices across Canada, ITR delivers exceptional, scalable solutions and responsive customer service. ITR’s Systems Division develops, implements and supports innovative software that helps organizations of any size and in any industry manage all aspects of their workforce including: time and attendance; employee and job scheduling; accruals; labour allocation; and time and labour reporting. Tracy Parzych CEO of ITR believes that Synerion will be able to nurture and grow the ITR System Division. She added, “The merger will enable the software to become even stronger and bring new opportunities to the employees”.
Ernie Pozzobon, President and CEO of Synerion North America, says this merger will provide expanded capabilities, and better levels of customer support.
“Synerion is excited about the possibilities and opportunities that will stem from the acquisition of ITR’s division and looks forward to creating many new and innovative releases in the human resources software arena in the future.”
“Moreover,” Pozzobon said, “the products and consulting services that Synerion delivers, combined with the complimentary products with which the company integrates, will create synergistic value. Customers will feel this synergy and ultimately receive a higher return on their investment.”
To learn more about Synerion, visit www.synerionwfm.com.
On Thursday September 3rd at 1-2:30-pm EST, the APA (American Payroll Association) will be hosting an audio seminar discussing many issues around calculating the regular rate of pay.
The APA will be examining which payments are included and excluded in the regular rate of pay and how to correctly calculate the regular rate of pay, which is the key to making correct overtime pay calculations.
Each year, the U.S. Department of Labor assesses millions of dollars in penalties and back wages and overtime pay against employers who have failed to calculate employees’ regular rate of pay correctly. This audio seminar will teach you how to protect your organization from this compliance risk.
Educating yourself and your organization on these compliance risks can help reduce the risk of miscalculation. An automated time and attendance solution can also eliminate these risks by automatically calculating your complex pay rules so that your employees are being paid correctly, while eliminating risk.
Well, the countdown is on! Only a few more days until the 2009 APA Annual Congress in Long Beach California!
TimeTECH will be exhibiting at the tradeshow portion of Congress at booth number 435. Last year Congress was held in Austin Texas where we made our first APA appearance as an exhibitor. The show was so successful, we decided to participate again. Last year we met thousands of HR and Payroll professionals interested in workforce management software, time and attendance, absence planning, benefit accruals, vacation planning and more!
We were shocked at how many large organizations across North America are still processing their time and attendance and other workforce management practices manually! They were all impressed by the amount of time and money their organization could saving by integrating TimeTECH’s workforce management solutions. Most companies see anywhere from 1-3% of their annual payroll back in savings.
Where do the savings come from?
- Eliminating buddy punching
- Time fraud
- Manual processing time
- Processing errors
- Rounding of hours
- Time spent processing pay rules
- Eliminating spreadsheets!
- And more!
If your company is attending the APA Congress in Long Beach, feel free to stop by our booth during the tradeshow hours to say hello! You can find us at booth 435.
Show Times:
May 20th: 5:15pm-8:15pm
May 21st: 12:00pm – 7:30pm
May 22nd: 10:00am – 12:00pm
For more information on the APA’s Annual Congress, visit their official website at: http://www.americanpayroll.org/congress/congress-2009
About APA Congress:
Pack your steamer trunk and head to Long Beach, California, May 19-23, 2009, for 4-1/2 information-packed days at the Long Beach Convention & Entertainment Center.
This year’s Congress features more than 190 workshops covering a wide spectrum of payroll, accounts payable, human resources, benefits, technology, management, and career development topics, along with the largest payroll and accounts payable exhibit hall in the world! Hear about the latest legislative and regulatory changes from government representatives and industry experts. Network with colleagues through workshops, at our exhibit hall, at meals and evening entertainment events.
See all the details in the Congress brochure.
Who should attend?
Our annual Congress is open to APA members, their colleagues, and others involved in payroll, accounts payable, human resources, benefits, and technology.
What you will learn
- What APA’s Washington lobbyists are doing to make your job a little easier
- The latest payroll compliance developments from the IRS, SSA, OCSE, DOL, and DHS
- Steps taken by leading payroll departments to reduce costs and improve their organization’s performance
- How to ensure compliance in difficult areas such as fringe benefits, 401(k) plans, stock options, cafeteria plans, nonqualified deferred compensation plans, and more
- What the IRS is looking for in executive compensation audits
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