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Ginkgo Residential Leverages UltiPro for Real-Time Analytics, Unified Human Capital Management

Date: February 19, 2016 10:00 AM EDT

Public Company Information:

NASDAQ: ULTI
US90385D1072

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that Ginkgo Residential, a real estate rental-property leader throughout the southeastern United States, is realizing operational efficiencies through Ultimate’s UltiPro® as its single solution of record, streamlining all of the organization’s HCM processes, providing on-demand business intelligence to its managers and executives, and empowering employees with direct access to better manage their HR information.

For more than 20 years, Ginkgo Residential has served the middle market by providing moderately priced, high-quality rental housing that is energy efficient and environmentally sensitive. The company owns and manages more than 25 properties in North Carolina, South Carolina, and Virginia. Prior to UltiPro, Ginkgo Residential had been using a payroll service bureau alongside multiple applications with different user accounts and passwords. The company sought to streamline its HCM operations with a solution that would offer one login for all of its people-centric processes. Selecting an HCM suite that includes HR, payroll, time and attendance, recruiting, onboarding, and performance management, Ginkgo Residential went live with UltiPro in 2012.

“We are very pleased about having chosen Ultimate Software,” said Rich LaCalamito, HR manager with Ginkgo Residential. “With UltiPro, we have been able to realize significant operational efficiencies, such as cutting our payroll-processing time in half. We have also streamlined onboarding with an automated workflow that has saved time, reduced paper, and increased engagement with our new hires.”

With a comprehensive HCM solution in UltiPro, Ginkgo Residential has been able to make significant improvements to its people operations and now has one system to manage its workforce information, enabling easier and more direct access to data across all areas of HCM. The company is better able to provide managers and executives with real-time business intelligence, improving their capabilities to monitor employee turnover, costs, and trends.

“With our previous provider, we had a lag time of up to 24 hours from when information was entered into the system and when those changes would show up on a report,” noted LaCalamito. “UltiPro has been amazing. With UltiPro, we can generate real-time workforce analytics that are needed for turnover analysis, workers’ compensation, and ACA compliance and deliver it directly into the hands of the people who need it, whenever it is needed.”

According to LaCalamito, UltiPro’s reporting is powerful and intuitive as is the solution’s user-friendly direct access that empowers employees. With access to one, easy-to-use solution—available from mobile devices—employees can manage and update information at any time, reducing the need for support from the HR team.

“Because UltiPro is so intuitive and easy to use, our employees can easily sign on to enter time, view check stubs, and update their benefits information with little or no training,” said LaCalamito. “We have eliminated a significant amount of time and effort expended on administrative tasks, while better empowering and better servicing our employees with instant access to their HR information. We feel more confident in our ability to manage growth efficiently with UltiPro.”

“UltiPro is connecting Ginkgo Residential employees, managers, and HR leaders to the most important information relevant to their roles within the business,” said Chris Phenicie, chief sales officer at Ultimate. “We are pleased that UltiPro empowers real estate leaders such as Ginkgo Residential to operate at peak efficiency.”

About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 25 million people records in the cloud. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and employs more than 2,880 professionals. In 2016, FORTUNE ranked Ultimate #1 on its list of the 10 Best Large Workplaces in Technology. In 2015, for the fourth consecutive year, Ultimate was ranked in the top 25 on FORTUNE’s list of the 100 Best Companies to Work For; recognized by FORTUNE as one of the 100 Fastest-Growing Companies; ranked #7 on Forbes magazine’s list of the 100 Most Innovative Growth Companies; named among the InformationWeek Elite 100, honoring innovation in business technology; and recognized as a “Leader” in Nucleus Research’s HCM Technology Value Matrix. Ultimate has approximately 3,200 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Major League Baseball, Pep Boys, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.

UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

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Contact Information:

Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
phone: 954-331-7444; email: darlene_marcroft@ultimatesoftware.com

For sales information, phone: 800-432-1729; website: www.ultimatesoftware.com