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Insperity Announces Launch of Next Generation HCM Platform: Insperity PremierInsperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America's best businesses, today announced the launch of the Insperity PremierTM platform, an industry-leading cloud-based human capital management (HCM) system. This next generation HCM platform was designed specifically to optimize the delivery of Insperity's flagship full-service HR offering, Workforce Optimization®. Insperity Premier offers Workforce Optimization clients a dramatically new HCM user experience with enhanced features and functionality, bringing the latest innovative technology to the comprehensive HR service that Insperity provides. Enhanced by Insperity Premier, Workforce Optimization offers a robust combination of software-with-a-service to better support our clients every step of the way, from employee onboarding to retirement. "For owners and decision-makers who want to improve their business performance and employee experience, Insperity Premier was designed to harness the power of true full-service HR offered by our Workforce Optimization solution," said Paul J. Sarvadi, Insperity chairman and chief executive officer. "HCM technology has made tremendous strides in recent years, but for companies to realize the full value of these tools, the technology must be accessible, intuitive and capable of supporting important, people-driven business objectives. Insperity Premier aligns the ease, access and control of technology with the HR excellence of Insperity's Workforce Optimization." Insperity Premier is the culmination of a series of new capabilities introduced over the past couple of years. Continuing Insperity's emphasis on software-with-a-service, Insperity Premier enables managers, supervisors and employees to collaborate in real time with their dedicated Insperity HR professionals through click-to-chat and co-browsing features, resulting in increased efficiency and employee engagement. In addition, because Insperity Premier is cloud-based and part of our full-service HR offering that is supported by real HR professionals, new clients experience significantly reduced implementation time and training effort compared to most solutions available in the marketplace. Some of the other features include intuitive and efficient payroll and employee administration, onboarding and interactive benefits enrollment systems that empower employees to feel confident in their retirement and health plan elections, and integration with Business Performance Solutionsmodules such as Insperity Time and Attendance, Performance Management and Organizational Planning. A reporting and advanced analytics engine provides executives and managers alike with the insights necessary to make the right decisions to sustain growth and manage risk with features such as advanced job costing and custom reporting. In addition, Insperity Premier has an enhanced two-factor security model and is accessible anytime, anywhere on any device. Insperity Premier is currently in the early adopter phase and is expected to be available to all existing Insperity Workforce Optimization clients by the end of September. About Insperity Insperity, a trusted advisor to America's best businesses for more than 31 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity® Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization® solution. Additional company offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2016 revenues of $2.9 billion, Insperity operates in 61 offices throughout the United States. For more information, visit http://www.insperity.com. The statements contained herein that are not historical facts are forward-looking statements within the meaning of the federal securities laws (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). You can identify such forward-looking statements by the words "expects," "intends," "plans," "projects," "believes," "estimates," "likely," "possibly," "probably," "goal," "opportunity," "objective," "target," "assume," "outlook," "guidance," "predicts," "appears," "indicator" and similar expressions. Forward-looking statements involve a number of risks and uncertainties. In the normal course of business, Insperity, Inc., in an effort to help keep our stockholders and the public informed about our operations, may from time to time issue such forward-looking statements, either orally or in writing. Generally, these statements relate to business plans or strategies, projected or anticipated benefits or other consequences of such plans or strategies, or projections involving anticipated revenues, earnings, unit growth, profit per worksite employee, pricing, operating expenses or other aspects of operating results. We base the forward-looking statements on our expectations, estimates and projections at the time such statements are made. These statements are not guarantees of future performance and involve risks and uncertainties that we cannot predict. In addition, we have based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. Therefore, the actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: (i) adverse economic conditions; (ii) regulatory and tax developments and possible adverse application of various federal, state and local regulations; (iii) the ability to secure competitive replacement contracts for health insurance and workers' compensation insurance at expiration of current contracts; (iv) cancellation of client contracts on short notice, or the inability to renew client contracts or attract new clients; (v) vulnerability to regional economic factors because of our geographic market concentration; (vi) increases in health insurance costs and workers' compensation rates and underlying claims trends, health care reform, financial solvency of workers' compensation carriers, other insurers or financial institutions, state unemployment tax rates, liabilities for employee and client actions or payroll-related claims; (vii) failure to manage growth of our operations and the effectiveness of our sales and marketing efforts; (viii) the impact of the competitive environment in the PEO industry on our growth and/or profitability; (ix) our liability for worksite employee payroll, payroll taxes and benefits costs; (x) our liability for disclosure of sensitive or private information; (xi) our ability to integrate or realize expected returns on our acquisitions; (xii) failure of our information technology systems; (xiii) an adverse final judgment or settlement of claims against Insperity; and (xiv) disruptions to our business resulting from the actions of certain stockholders. These factors are discussed in further detail in Insperity's filings with the U.S. Securities and Exchange Commission. Any of these factors, or a combination of such factors, could materially affect the results of our operations and whether forward-looking statements we make ultimately prove to be accurate. Except to the extent otherwise required by federal securities law, we do not undertake any obligation to update our forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170801005372/en/ |
