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NetSuite Names Ultimate Software Worldwide Partner of the Year and SuiteCloud Partner of the Year

Date: May 24, 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 it was selected as NetSuite’s 2016 Worldwide Partner of the Year and 2016 SuiteCloud Partner of the Year. This is the second year that Ultimate has been recognized by NetSuite Inc. (NYSE: N) as one of its leading partners; in 2015 Ultimate was named NetSuite’s SuiteCloud Enterprise Partner of the Year. NetSuite Inc. is the industry's leading provider of cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software suites.

The Worldwide Partner of the Year is the highest honor that is awarded to a NetSuite partner across all partner types, SuiteCloud Developer Network (SDN), Global System Integrators (GSI), and Solution Providers (SP), for sales, overall client satisfaction, quality of delivery, and commitment to the partnership.

The SuiteCloud Partner of the Year Award honors a NetSuite partner that assists joint customers in transforming and growing their businesses. NetSuite and Ultimate Software announced a strategic alliance in March 2015 to integrate the UltiPro HCM solution and the NetSuite ERP suite, giving businesses the ability to manage their entire business lifecycle—from financials, supply chain, and customer relationship management (CRM); to payroll, HR, and talent management—through two of the industry’s leading cloud solutions.

By connecting UltiPro’s rich HR, talent, and payroll capabilities to NetSuite’s suite of cloud ERP applications, Ultimate and NetSuite can offer businesses the ability to manage their entire spectrum of business technology needs through two of the most trusted cloud vendors in the world—without requiring point solutions for different business applications.

Over the past year, the alliance between Ultimate and NetSuite has delivered integration between the two solutions, mutual lead exchange and referral, joint marketing campaigns, sales partnership, and participation in customer and prospect events. Ultimate has also achieved ‘Built for NetSuite’ status in 2015. Both the NetSuite and Ultimate teams have dedicated resources focused on ensuring a committed and mutually successful alliance.

“The combination of Ultimate’s robust HCM functionality together with NetSuite’s system of record for core operational processes can provide our customers with a tightly integrated solution to run the core aspects of their business,” said Zach Nelson, NetSuite CEO. “We’re giving businesses of all sizes enterprise-class functionality, with the flexibility, scalability, and agility of the cloud. This alliance is helping our joint customers succeed. There is clearly strong market demand for our solution integration and we’re extremely pleased with the success of this partnership over the past year.”

“Strong partnerships are about more than just announcements and delivering technology integration. They’re about working together to raise awareness, identify customer needs for the partner solutions, and assist in educating customers and prospects on the value of seamless integration between best-in-class cloud solutions,” said Scott Scherr, founder and CEO of Ultimate. “We’re honored that NetSuite has chosen to recognize us as their Worldwide Partner of the Year and SuiteCloud Partner of the Year. We look forward to continuing our relationship and bringing value to additional joint customers in the years to come.”

NetSuite presented Ultimate with the award during the 2016 SuiteWorld Conference in San Jose, CA on May 16th. For more information about the NetSuite Partner awards, read press release here.

About NetSuite
NetSuite Inc. is the industry’s leading provider of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software suites. In addition to financials/ERP and omnichannel commerce software suites, NetSuite offers a broad suite of applications, including financial management, ecommerce and retail management, commerce marketing automation and Professional Services Automation (PSA) that enable companies to manage most of their core business operations in its single integrated suite. NetSuite software allows businesses to automate operations, streamline processes and access real-time business information anytime, anywhere.

For more information about NetSuite, please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc.

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 3,000 professionals. In 2016, Fortune ranked Ultimate #1 on its list of 10 Best Large Workplaces in Technology and #15 on Fortune’s 100 Best Companies to Work For list, the fifth consecutive year to be ranked in the top 25. In 2015, Ultimate was 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 InformationWeek’s 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.

Follow Ultimate Software
LinkedIn: http://linkd.in/UltimateHCM
Twitter: www.twitter.com/UltimateHCM
Facebook: http://www.facebook.com/UltimateSoftware

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