Before purchasing UltiPro in 1999, Stifel Nicolaus had been using a system that lacked the end-to-end functionality that the financial services firm needed to improve productivity and handle business expansion. Since financial services firms often fluctuate in size, Stifel Nicolaus sought a flexible, comprehensive HCM solution that would expand with its workforce and allow the company to stay on top of changing workforce demographics.
"UltiPro gives us the ability to keep a close eye on real-time manpower expenses, and we can quickly share this data with executives."
- UltiPro’s business intelligence tools give the company the ability to keep a close eye on real-time manpower expenses.
- With UltiPro’s real-time reporting, Stifel Nicolaus leadership can scrutinize employee-related costs by job title, year, division, or by any field in the system to help study the impact of a past or potential merger.
- Added 500 new employees into the system virtually overnight and were able to do so by importing the data directly into UltiPro.
- Payroll staff has more time for strategic activities, such as financial data analysis, that affect the bottom line.