Vertical Computer Systems Inc. Purchases Priority Time Systems, Inc….from Vertical Computer Systems

June 24, 2009

 

HRchitect includes NOW Solutions in its list of HRIS vendors that businesses should consider. HRchitect conducted a Beauty Pageant on Time & Attendance Systems in June, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Vertical Computer Systems Inc (OTC Bulletin Board: VCSY)(www.vcsy.com) is pleased to announce it has purchased Priority Time Systems, Inc. (Priority Time Systems) from Mark Arredondo and retained Mr. Arredondo as its President. Under the terms of the stock purchase agreement, VCSY purchased a 90% interest in Priority Time Systems from Mr. Arredondo. Priority Time Systems is currently finalizing its time and attendance software which will be coupled with a competitive time clock. Once completed, Priority Time Systems’ product will be a comprehensive time and attendance application that will compete with the leading competitors in the field.

Mark Arredondo is an industry veteran in employer services, with a particular expertise in payroll and time-management. Mr. Arredondo began his career in Las Vegas with ADP, a payroll and human resource provider, and worked his way up to Regional Sales Manager, the top position in the office, where he managed 12 sales reps. He and his team in Las Vegas quickly became one of the top-producing sales offices in the country.

Later, he became a Vice President of Sales and an equity partner with Compu-Cash Systems (Compu-Cash), a Kronos reseller, and sold time and labor products to such companies as The Venetian, Wynn Las Vegas, Station Casinos, The Palms, Hard Rock, and Caesar’s among many others. Mr. Arredondo later sold his ownership stake in Compu-Cash.

“We believe there is a great synergy between the two companies and their respective products. Priority Time Systems’ time and attendance product can be fully integrated with emPath, the payroll and human resources product of NOW Solutions, VCSY’s wholly owned subsidiary, to meet the needs of its clients. Initially, NOW Solutions will focus on its healthcare and governmental clients and VCSY will also sell the Priority Time Systems product separately,” stated Richard Wade, President and CEO of Vertical Computer Systems, Inc. “We are confident that Mark Arredondo, who was a top performer for ADP as well as Kronos, can provide the expertise to successfully launch a time and attendance product utilizing the newest web-based technology.”

“I am extremely pleased to join the VCSY family and to have the opportunity to finalize the completion of the time and attendance product I have been developing to capitalize on what I perceive to be a significant weakness of existing market leaders,” added Mark Arredondo, President of Priority Time Systems, Inc. “I am confident that we will be able to greatly enhance the value of the company’s HR and payroll software with our time and attendance application.”

For more information on Vertical Computer Systems, please visit www.vcsy.com

 
Matt Lafata, HRchitect


Vorex is Extending its HRMS Product Line…from Vorex

March 12, 2009

 

Vorex announces the next version of their Human Resources application, HR Terra, a complete suite of fully integrated Human Resource Management (HRMS), Human Capital Management (HCM), Time Management (TMS), and Training Management systems. This will be delivered via an on-demand model as well as a standard license model.

 

Vorex, Inc, a Dallas based company, announces that it is extending its product line in the web-based, Software-as-a-Service (SaaS) market place.

 

The company today announced the next version of HR Terra, a complete suite of fully integrated Human Resource Management (HRMS), Human Capital Management (HCM), Time Management (TMS), and Training Management systems, delivered via an on-demand model.

 

HR TERRA streamlines the Human Resource processes and eliminates time-consuming administrative tasks with an automated suite of intelligent products.

 

Ideal for businesses of any size, the HRMS module centralizes the entire workforce and HR functions, including benefits administration, into a single database to ensure data availability and consistency. The employee profile contains personal and contact information, photo, tax and immigration data, job and salary grade, skills, classes, education, and much more. Additional components include Employee Self Service (ESS), Managers Self Service (MSS), Request Portal, Messaging, Approval Routing, Notification, and Expense Management.

 

The HCM modules provide the tools necessary to develop the workforce through the automation of Job Board Tracking, On-Boarding, Talent and Skills Management, Performance and Reviews, and Succession Planning. Vorex’s streamlined modules expedite many processes and provide a consistent solution to people development across the entire organization.

 

The HCM solution will also help streamline the education and training department through the Training Management module, where companies can define classes and allow online enrollment.

 

The Time Management System (TMS) module enables organizations to eliminate time-consuming administrative work by utilizing a single time entry portal for all salaried or hourly employees. This allows improved project accuracy and transparency of employees’ efforts. This process can reveal potential budget variances and will eliminate timesheet errors due to erroneous data entry.

 

HR Terra’s real-time, extensive reporting system equips managers with the ultimate tool to better understand their operations, identify gaps and challenges, and discover ways to increase efficiency and productivity.

 

“We are excited about the robust functionality that Vorex is able to deliver to our clients. Vorex is uniquely positioned to offer our customers a comprehensive HR solution while driving down their total cost of ownership, in most cases, by over 50% per employee,” said Michael Salem, CEO of Vorex, Inc.. “Companies today are now able to purchase a single Human Resource system from one vendor, eliminating the need to integrate and support costly and disparate systems”

 

For more information about Vorex, Inc., visit: www.Vorex.com.

Matt Lafata, HRchitect


Follow

Get every new post delivered to your Inbox.