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I-bridge, a Randstad Company, Selects Altosoft to Optimize Payroll Operations
NEWTOWN SQUARE, Pa. --(Business Wire)-- Altosoft, a leading provider of operational business intelligence (BI) solutions, today announced that I-bridge, a Randstad company, a leading international supplier of services to businesses and institutions, and one of the largest temporary and contract staffing organizations in the world, selected Altosoft Insight to provide real-time visibility and incident management for its payroll operations. I-bridge's innovative application of low-latency business intelligence to monitor and optimize operational performance enables the company to monitor its complex intraday timesheet collection and payroll operations, ensuring payroll efficiency and supporting regulatory compliance for temporary and contract workers.
I-bridge has only a single day each week to collect, enter, approve and process employee time sheets for over 130,000 temporary and contract workers in The Netherlands. This information is processed in multiple operational time management and payroll systems. In order to maintain industry-leading standards for accurate, timely, and cost-effective payroll operations, I-bridge needed to increase the level of visibility into these time-sensitive payroll operations, and implement alerting and incident management capability to ensure timely resolution of payroll-related exceptions and incidents within hours of their occurrence.
"The scale of I-bridge's payroll operations is extremely large, and we required better intraday visibility in order to ensure high levels of employee satisfaction while managing and containing operating expenses," said Mr. Reiant Mulder, ICT Director of I-bridge. "We considered traditional BI and business activity monitoring (BAM) solutions, but ultimately we chose Altosoft because it could deliver both low-latency monitoring of active operational processes seamlessly combined with detailed analysis of historical process performance data. Altosoft was also able to prove that they truly can deliver solutions in a fraction of the time of other products we tested, thereby allowing I-bridge to meet its goals of operational efficiency."
Altosoft's solution, based on the Altosoft Insight operational business intelligence platform, delivers real-time, intraday visibility into I-bridge's operational process performance and provides automatic alerts if the pace of timesheet data entry and review are insufficient to complete the entire payroll process on time. I-bridge management achieves visibility via Altosoft Insight's intuitive, browser-based dashboards, where they can visualize real-time and historical data, receive alerts, manage issues, and drill down to analyze root causes of process inefficiency.
"Traditional BI approaches could not provide the real-time visibility or predictive forecasting required to address I-bridge's challenges, and BAM approaches didn't deliver the historical context that I-bridge required," said Scott Opitz, CEO, Altosoft. "Altosoft Insight combines real-time monitoring with historical context, enabling effective analysis and forecasting of operational performance, plus alerting and incident management for process optimization. Altosoft Insight delivers this value in a fraction of the time and cost of other technologies."
About I-bridge, a Randstad Company
I-bridge specializes in solutions in the field of flexible work and human resources services. I-bridge is a division of the Randstad Group, one of the largest temporary employment organizations in the world and market leader in the Netherlands, Belgium, Germany, Poland and the southeastern United States. Randstad is dedicated to matching at the right time, the demand by individuals for challenging and well-paid employment to the demand of organizations for employees of the right caliber and the right qualifications. Randstad Holding nv (Reuters: RAND.AS, Bloomberg: RAND NA) is listed on the Euronext Amsterdam exchange, where options for stocks in Randstad Holding are also traded. For more information about Randstad Holding see http://www.randstad.com.
About Altosoft:
Altosoft enables organizations to improve operational decision making and performance while radically reducing the time and cost normally associated with business intelligence (BI) projects. The Altosoft Insight operational business intelligence platform delivers high speed data analysis across multiple terabyte databases without a data warehouse. Altosoft Insight also provides real-time event and business process monitoring, and features the world's fastest dashboards with codeless, Web 2.0 drag-and-drop development. A typical Altosoft solution is implemented in one tenth the time and at less than one half the cost of traditional BI and BAM approaches. Headquartered in Newtown Square, Pennsylvania, Altosoft delivers solutions for commercial and government organizations worldwide. For more information, please visit www.altosoft.com.
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