The Acquisition Advances Ascentis’ Workforce Management Initiatives and Further Reinforces Its HCM Offerings as the HR Industry’s Preferred Solutions
Ascentis, a leading provider of cloud-based human capital management solutions, announced the acquisition of premier time and attendance solutions company, Integrated Time Systems. The acquisition demonstrates Ascentis’ commitment and strategic investment in growing its differentiated workforce management initiatives and advancing its exceptional end-to-end HCM solutions and services available through the family of Ascentis products. This marks the company’s third acquisition in six months.
“We are excited to have the ITS team join the Ascentis family. Our acquisition strategy of joining forces with the industry’s top workforce management solutions, including NOVAtime and Cincinnati Time Systems, who share our passion and commitment for unparalleled customer service, is a key ingredient to our objective of providing a la cart HR technology with the flexibility to integrate and deploy solutions and capabilities as the organization grows,” said Brian Provost, CEO of Ascentis.
Wisconsin-based ITS has been a key part of the southeastern Wisconsin community for more than 70 years. Led by owner and president, Chris Kapenga, who purchased the company in 2008, ITS has a renowned reputation for its dedication and unsurpassed focus on client service since the 1920s. In 2015, ITS acquired prominent, Texas-based time and attendance company, Accutronics, to expand its geographic presence and build upon existing solution synergies between the two companies.
“We’re thrilled to strengthen and optimize our client offerings within the local economies in which ITS currently serves. We’re also eager to collaborate and utilize ITS’ industry expertise to help build upon and advance Ascentis’ full suite of HR technology that includes a service model that simply doesn’t exist in today’s HCM market,” said Kapenga.
“The addition of Integrated Time Systems is a natural fit for the Ascentis brand and further solidifies our market presence in the Midwest. ITS’ clients will benefit and have the opportunity to expand services within our full-suite of leading-edge HCM technology while continuing to experience the same excellent customer service mentality they’ve come to expect. With access to services such as payroll, HRIS, talent and recruiting technology, ITS’ customers are now able to holistically support their teams and employees,” continued Provost.
Headquartered in Minneapolis, with locations in the Los Angeles area, Sacramento and Cincinnati, Ascentis leverages more than 30 years of human resource experience and workplace management solutions to accelerate growth and strengthen the company’s position in the HCM market.
HR Technology News: Experian Named Among Best Workplaces in Financial Services and Insurance