SOURCE: iEmployee

August 02, 2005 09:30 ET

iEmployee Releases a Cost Effective Suite of Solutions for the Financial Services Industry

SEEKONK, MA -- (MARKET WIRE) -- August 2, 2005 -- The release of iEmployee's Financial Services Suite will assist companies in simplifying and streamlining day-to-day activities. By streamlining internal processes, iEmployee helps Banks, Credit Unions and Insurance companies generate substantial cost savings and increases operational efficiency. These gains allow a company to redirect their limited resources from employees to the customer.

iEmployee's Financial Services Suite is a strategic package of solutions that help address both the salaried and hourly professional workforce that are typically employed in the financial service industry. Today, financial companies usually need to work with multiple vendors to accomplish all their workforce management needs. By using iEmployee for Time & Attendance, HR, Self Service, Paid Time Off, Expense and Training needs, companies eliminate the hassle of dealing with multiple applications and vendors. The single solution approach with a single login for all applications allows the employees to change their personal exceptions, request a day off and submit their monthly expense report with the click of a button. With a complete workforce management solution in one application, employees can do all activities quickly in a centralized online location.

Bob Montgomery, Director of HR at Bangor Savings Bank, said "iEmployee addressed and eliminated the pains that are typically inherent with other vendors. First, the solutions are low cost and allow the automation of the payroll and HR activities, while also providing self-service abilities to our employees. Second, unlike other vendors, the implementation process is quick and easy. Rather than taking upwards of 9 months, our implementation will only take 2 to 3 months. Essentially, we are receiving the bells and whistles of the larger players without the complications and cost."

iEmployee guarantees the highest level of security of data. iEmployee uses the latest security standards to ensure that sensitive information remains confidential, but also ensures that federal and state regulations are met. With iEmployee, banks, credit unions and other financial services companies can place their focus on customer service; thus gaining a competitive advantage.

About iEmployee

iEmployee is a leading provider of cost effective, on-demand workforce management solutions for small to medium sized companies. Endorsed by leading payroll providers, iEmployee is the solution of choice for over 1600 companies. To learn more, please contact iEmployee, Seekonk, MA 02771; tel. 800.884.6508 or 508.336.4441; http://www.iemployee.com

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