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.
No matter what industry you are in, companies know that every dollar counts. So why wouldn’t you want a solution that can help save your organization money while improving operational efficiency?
By implementing an automated time and attendance system, you can save your company 2-5% of your annual payroll expenses. This could amount to thousands or even millions of dollars a year. With time and attendance systems, companies of all sizes are able to realize a significant return on investment.
How does automating your time and attendance save you money?
-Decrease in payroll errors
-Decreasing total payroll processing time
-Decreasing unauthorized leave time
-Improving labor reporting
-Eliminating costs associated with paper timecards
-Eliminating the risks of employee buddy punching or time fraud
-And much more…
What should you consider when choosing a time and attendance system vendor?
-Have a few companies present their solution so you can get a complete picture of what a time and attendance solution can do for your organization
-Consider the level of support you will be receiving from the vendor if any issues arise with the system
-Speak to the company’s current customers to see if they are happy with the solution, the support, etc
-Do not focus too much on the price tag as a low cost solution may not have the capabilities that your organization will require to get a significant return on investment
For more information on Time and Attendance along with Workforce Management visit our website
Last week was a great week for TimeTECH. One of our new clients Sandra Cameron of Bevendale Enterprises wanted to thank us for completing the implementation of their new Time and Attendance system at their grocery stores.
We always speak about how much time and money our clients will save by implementing one of our state of the art time and attendance solutions, but this comment from Sandra is just proof in the pudding!
“Yesterday we ran our second totally successful payroll. As we had a stat holiday in this payroll; it was the true test of how it was working. Everything was calculated and executed correctly so I think we have achieved our goal. It also only took a couple of hours from start to finish too complete the payroll which would have taken 8- 10 hours using the old method. Thanks for all the help over the last couple of months.” – Sandra Cameron
Bevendale Enterprises was looking for a system that would help them with the following:
During the discovery phase of this project, Bevendales stated that it was taking way too long to process payroll, and schedule their employees. Both issues were addressed and solved with TimeTECH’s customized solutions.
We can’t wait to hear more great things from Bevendales in the near future and look forward to working with them on a long term basis.
To learn more about TimeTECH and how your company can be saving 1-3% of your annual payroll expenses, visit www.timetech.ca or visit www.askjimmy.ca for a free customized demo. While you’re there, check out our savings calculator to find out how much your company can be saving!