Evolution Acquires HRAnswerLink SaaS Business Applications
(Marketwire Via Acquire Media NewsEdge) BURLINGTON, VT and SARASOTA, FL -- (Marketwire) -- 11/29/12 --
Evolution (by iSystems), a leading software innovator serving the independent payroll industry, announced today that it has acquired the BureauLink and myHRAdmin business applications from HRAnswerLink, Inc. HRAnswerLink offers SaaS-based, customer-branded human resource services to more than 50,000 small and mid-sized businesses. The newly acquired products will be managed by evoPro Solutions, a division of Evolution based in Sarasota, Fla.
With the acquisition, BureauLink and myHRAdmin clients will gain access to additional development resources, while Evolution clients will benefit from an expanded suite of product offerings. BureauLink is a customer relationship management (CRM) product designed for payroll service bureaus to provide management tool sets to handle day to day operations and client relationships. myHRAdmin is a customizable human resource information system which allows users to maintain and track human resource related data such as employee management, HR training management and recruiting management. Both BureauLink and myHRAdmin allow companies to create dashboards, and reports, as well as build workflows, trigger emails and collect online data.
"Many of our existing clients are already utilizing these products. Both BureauLink and myHRAdmin are software development intensive, which is an area of expertise for Evolution," said Evolution President David Meagher. "This acquisition provides clients additional resources they have not had before."
"After months of conversations with other organizations, it was obvious Evolution was the ideal company to take BureauLink and myHRAdmin to the next level of sophistication," said Dennis Abraham, CEO of HRAnswerLink. "At our core we are compliance and regulatory consultants. This acquisition allows HRAnswerLink to focus on its core competency -- delivering products and services that allow the business community to deal with HR-related issues."
About Evolution Evolution is a payroll, human resources and tax management software company located in Burlington, Vt. Evolution offers an advanced, reliable and secure system, providing independent payroll service bureaus with unparalleled accuracy, productivity and financial control. Currently, over 90 service bureaus use Evolution to support more than 75,000 clients in the United States and four territories. Evolution is a fully integrated, complete and scalable software platform with the flexibility to tailor programs to meet customers' specific needs. For more information, visit www.isystemsllc.com.
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