CHARLOTTE, N.C.--(BUSINESS WIRE)--In order to maximize effort on the growing human capital management (HCM) technology market, iSolved has spun off from Infinisource as iSolved HCM. Infinisource will continue as Infinisource Benefit Services and will focus primarily on administration of COBRA, FSA and additional associated benefit services. iSolved HCM will move forward as a separate unit and concentrate on growing its market share for its payroll, HR and time-tracking technology through a mix of direct sales and the iSolved Network, a federation of elite, certified providers who use the iSolved platform to service their customers. This strategic decision allows iSolved HCM to leverage its critical competencies and enhance how it serves its customers and network of Certified Partners.
“The iSolved platform has experienced tremendous growth over the last few years, with over 2 million employees committed to the technology,” said Dave Dawson, CEO of iSolved HCM. “Separating from the traditional services side of our business allows us to concentrate on developing and deploying the technology solution to the small and mid-sized market at an even more rapid pace.”
The two businesses will continue to share referrals and channel partners where appropriate, and Infinisource Benefit Services will also be a preferred vendor in the iSolved Marketplace for customers seeking COBRA, FSA and other benefit administration services.
iSolved HCM is headquartered in Charlotte, North Carolina, and also recently opened a significant new facility that includes an iSolved University training center in the heart of downtown Salt Lake City, Utah.
The iSolved technology is a single solution that offers payroll, human resources, time tracking and benefits enrollment, all delivered through a robust cloud-based platform that is highly intuitive and configurable. It transforms the way organizations manage their most important asset – their people. iSolved eliminates disparate solutions, and delivers data to supervisors, employees and HR for better decision making and improved compliance.
About iSolved HCM
iSolved HCM is an industry-leading human capital management technology company that brings together the key workforce functions in one robust, easy-to-use platform, iSolved. Payroll, HR, Time & Attendance, Onboarding, ACA Compliance, and Benefits Enrollment are all delivered from one solution, in the cloud, specifically built for the small to mid-sized employer. It has achieved rapid market share, with more than 2 million employees and growing. iSolved also includes innovative features and options to boost employee engagement and improve productivity, including its mobile app, iSolved Go and its NXG line of time clocks. iSolved is delivered through elite, regional payroll providers, Professional Employer Organizations (PEOs) and Administrative Services Organizations (ASOs) who provide customers with the white-glove service they need in today’s regulatory environment. This unique approach gives employers access to a cutting-edge HCM solution, while retaining the local service relationship they prefer. For more information, visit www.isolvedhcm.com.
