Ascentis Blog

Information to help HR and payroll managers, recruiters, and compliance officers become more effective.

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Announcing Ascentis HCM for NetSuite

Ascentis HCM Announces Ascentis HCM SuiteApp for NetSuite’s SuiteCloud Computing Platform

New SuiteApp Automates Human Resources and Payroll Processes

NetSuite SuiteWorld 2013, San Jose, Calif. and Bellevue, Wash. – May 15 2013 – Ascentis Corporation, a market leader in human capital management (HCM) solutions, announced today the Ascentis HCM SuiteApp, built using NetSuite’s SuiteCloud Computing Platform. The Ascentis HCM SuiteApp automates HR and payroll processes while reducing costs and providing meaningful insight into organizational trends. The new SuiteApp ensures synchronization of critical data elements such as employee demographic information and payroll journal entries between Ascentis HCM and NetSuite, while providing a single sign-on and single point of data entry to ensure up-to-date, reportable, accurate information. NetSuite customers gain access to applicant tracking and onboarding, robust benefits administration, time and attendance, and real-time, online payroll processing services.

 

“For our customers who desire a comprehensive HCM system integrated with their NetSuite platform, Ascentis provides a great solution,” said Guido Haarmans, NetSuite vice president of business development for technology partners. “This partnership makes it easier for our customers to become more strategic in their employee-management decisions, while increasing the overall value they get out of their business management systems.”

 

Working with NetSuite

The new SuiteApp for NetSuite addresses the growing demand from the marketplace to seamlessly manage employee data in one platform solution that connects all aspects of their business processes. The integration offers NetSuite customers a host of powerful HCM benefits and capabilities including:

 

  • Making HR teams more effective by framing data, actions, and analytics into the context of organizational strategy and objectives that can be achieved by monitoring key metrics.
  • Improving information accuracy, integrity and security by eliminating dual data entry and exposure to error.
  • Managing always-changing and updating HR and payroll compliance laws and regulations by supporting compliance automation with powerful reporting and analytic capabilities.
  • Automating the hiring and onboarding processes through branded candidate portals, social media sharing tools and RSS feeds.
  • The ability to send benefits enrollment information electronically to insurance carriers, eliminating billing errors and undetected overpayments.
  • Automating transactional processes that can increase productivity, reduce labor costs and make HR and payroll departments more efficient.
  • Real-time payroll processing and instantaneous auditing that can reduce payroll processing time by as much as 30%.
  • Timekeeping management that eliminates the manual collection of and calculation of timecards, and ensures wage-and-hour law compliance.
  • World-class customer service that features dedicated support reps.

 

“Ascentis is very proud to be working closely with NetSuite,” said DJ Chhabra, Ascentis CEO. “This partnership gives NetSuite customers access to a robust HRIS and payroll solution that can help them manage their workforce more efficiently and strategically. We’re thrilled to be able to work closely with an industry leader who provides world-class business software solutions, and is very responsive to the needs of their client base.”

 

For more information about the integrated solution, please visit http://www.suiteapp.com.

 

About SuiteCloud

NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes. The complete SuiteCloud offering includes NetSuite’s multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications (Accounting/ERP, CRM and Ecommerce); and the NS-BOS Development Platform.

 

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for Independent Software Vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit: http://www.netsuite.com/developers.

 

About Ascentis

Ascentis, backed by Palm Ventures, LLC and Catalyst Investors, offers easy-to-use workforce management HRIS, online payroll and timekeeping solutions that support greater business efficiency and accuracy. Ascentis technology automates critical processes such as full scale benefits management, compliance, online open enrollment, time and attendance, real-time payroll processing, tax filing, applicant tracking, employee and manager self-service and reporting. One point of data entry means employee information is accurate, up-to-date and reportable. Electronic submission of information to insurance carriers eliminates errors and supports a paperless open enrollment process. Ascentis offers world-class customer service and continues to add software offerings to its portfolio of workforce and human capital management solutions.

 

For more information about Ascentis, send media inquiries to marketing@ascentis.com or contact Heather Bansemer

Twitt

Mastering the Details of Retroactive Coverage Termination

Call it PPACA, the Affordable Care Act (ACA), ObamaCare, or “just the next big pain in the *** that Payroll and HR professionals have to deal with,” Health Care Reform is here to stay and coming at us like a freight train!

 

This month, HR and payroll professionals have a reprieve in Ascentis’ Health Care Reform Master Class.   Designed to help busy HR and Payroll professionals stay up to date with some unprecedentedly complex laws and emerging regulations, this series will present a monthly bulletin and accompanying one-hour webinars focusing on particularly important, complex, and sometimes even murky areas of the law, focusing on the administrative impact for employers. These webinars are also submitted to the Human Resource Institute and the American Payroll Association for recertification credit hours.

 

April’s first installment in the series will focus on the issue of Retroactive Coverage Termination.  Where once it was pretty much the “wild, wild West” and almost any agreement between employer and insurer about rolling back coverage retroactively for a covered employee or dependent was presumptively valid, the ACA has changed all that.

 

In fact, the combination and interaction of COBRA (for required offers of coverage continuation post-termination), HIPAA (for required creditable coverage notices), USERRA (for Armed Service members taking temporary leave for active duty military service) and the ACA (for coverage termination rules) will create a maze of inter-relationships, dependencies, shifting timelines, and even potential conflicts for us to sort through.  Add to that the fact that each of these laws has its own “layer-cake” of potential civil, administrative, and even (under select circumstances) criminal penalties for non-compliance, and HR professionals may find themselves in “the perfect storm” of best practice, compliance, and cost containment challenges.

 

Let us help you navigate these choppy waters.  We look forward to connecting with you in our first master class!

 

 

Twitt

Ascentis Offers HR Webinars On-Demand, for HRCI credits, for FREE

Did you know that you can watch any of our recorded and archived HR-focused webinars, for credit, for free? With our launch of the on-demand HR webinar program, you can earn your recertification credit hours for your PHR and/or SPHR title, with us, at your convenience and at no cost.

 

 

We know HR professionals lives are busy, and they can’t attend every single one of our live webinars. That’s why we’ve launched this program.

Just go to Ascentis.com, click on resources and then 2013 webinars, and click on any webinar from January 2013 forward, fill out the form, and watch at your convenience.

In order to earn the the recertification credit hour for each course, you must:

  • Register for the course with a business domain name email only. Personal email addresses like @gmail, @yahoo, etc, are not allowed.
  • Attend the entire 1-hour course to qualify for the RCH per HRCI rules and regulations.
  • View the presentation in one sitting (the presention may be paused, but if the browser window closes, you will be required to re-register and watch again from the beginning).

An RCH certificate will be mailed to the email address provided within 30 days after the registrant completes the presentation.

Twitt

Did you hear? Read About Our Latest Press Release on Company Growth and Product Advancements

We’ve just posted our latest press release today, and it’s exciting news for our company. We couldn’t wait to share it with you.

What is most exciting are the product advancements we made in 2012 (and continue to make this year) that make our full human capital management suite such a great investment for our current and future customers.  If you’re interested, you can read the full press release here. But here are a few of the key successes of 2012:

 

Key highlights from Ascentis’ successful FY2012 include:

  • Bookings: New product bookings (first year value, FY2012) increased 51%.
  • Revenue Growth: Ascentis grew total revenue 24%, including significant growth in our flagship products, Ascentis HR and Ascentis Payroll.
  • Recurring Revenue: Total recurring revenue grew 20% with monthly recurring revenue increasing by 29%.
  • New Clients: Ascentis increased new clients by 36% in FY2012, compared to FY2011.
  • Cross-Sell: Cross-sell revenue to our existing customer base grew by nearly 20%.
  • Awards: In addition to the above successes, Ascentis again attained industry recognition as one of the fastest growing private companies in the software industry. This award is the second consecutive award from JMP Securities, a full-service San Francisco-based investment bank.
  • Product Updates: In 2012, Ascentis released several major enhancements across our total HCM suite, including touch-optimized mobile delivery of Ascentis HR and self-service, as well as workforce analytics which frame data, actions, and analytics into the context of organizational strategy and objectives.

 

Twitt