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| [February 27, 2013] |
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Buckeye Partners Builds Talent, Strengthens Overall Business with Ultimate Software's UltiPro
WESTON, Fla. --(Business Wire)--
Ultimate
Software (Nasdaq: ULTI), a leading cloud provider of people
management solutions, announced today that Buckeye Partners, L.P., one
of the primary distributors of petroleum in the eastern and mid-western
portions of the U.S., is benefiting from new insights into its
workforce, better planning for future talent needs, and strengthening
its overall HCM strategy with UltiPro and UltiPro Succession Management.
Buckeye
Partners provides mid-stream energy logistics services,
operating one of the largest independent petroleum products common
carrier pipeline networks in North America. In addition to pipeline
transportation services, the 1,300-employee company owns and operates
more than 100 refined petroleum products terminals and a major natural
gas storage facility in California, and markets liquid petroleum
products in various regions around the world. Because of the company's
continued success and expansion, executives at Buckeye Partners wanted
to proactively plan for future business needs, especially related to the
company's leadership.
The HR team was tasked with finding better ways to uncover talent gaps,
identify high-performing individuals, understand and monitor retention
risks, and help employees develop their readiness to step into key
roles. With Buckeye's years of proven success with Ultimate's
cloud-based features for HCM, company leadership chose to
leverage UltiPro Succession Management to address its strategic people
management objectives today and moving into the future.
"Our previous system for succession plans just did not meet the needs of
our expanding business. We had very manual, cumbersome processes when
preparing our people for new opportunities. Without an efficient,
executable strategy, our business could be at risk when we lost key
contributors," said Dianna Fernandez, manager of HRIS at Buckeye
Partners, L.P. "With UltiPro, we now have an automated, effective,
results-based platform for our succession management program."
Buckeye Partners rolled out UltiPro
Succession Management rapidly and began the process of
evaluating top talent and potential opportunities for advancement as its
first initiative.
"Activating UltiPro Succession Maagement was easily the most successful
deployment for technology that I've ever experienced. The time from our
decision to deployment took just two weeks, and we could quickly convert
years of manual data into ready-to-use
business intelligence," said Fernandez. "Plus, UltiPro's
end-to-end features are so flexible. We can easily configure Ultimate's
cloud technology and make adjustments as our business requirements
evolve."
With UltiPro Succession Management, businesses like Buckeye Partners can
accomplish proactive, practical strategies for professional growth and
career advancement for their workforce. Each employee can define an
individual career path and ensure that he or she develops the skills,
knowledge, and other talent factors necessary for personal growth and
contribution to the company's success. Employees or managers can update
a specific talent profile with relevant personal and career information,
such as education, previous work history, skills,
licenses/certifications, awards, languages, and willingness to relocate
in the U.S. and/or internationally. This information populates the
individual's talent card, providing a holistic view of the employee's
talent characteristics.
Embedded reporting and business intelligence within UltiPro also deliver
a range of essential information, such as succession readiness,
successor impact, candidates with highest potential, talent factors, and
more.
After employees update their talent profiles with relevant personal and
career information, Buckeye collects qualitative feedback about each
member of its leadership team from peers, HR, and executives. The
quantitative and qualitative data is then merged, helping to identify
scores for succession readiness and leading candidates for promotion.
"Having quantifiable talent and succession metrics are very important to
our leadership, and the previous method of sorting through manual
reports and spreadsheets to find this information was so complicated
that it was ridiculous," said Fernandez. "UltiPro's
unified HCM is helping us build a stronger future for our
business. We can quickly map values for global locations, assess our
talent pool, identify promotability, and provide executives with
detailed analytics and the valuable data that they are looking for. It's
very exciting for us that HR is helping drive results that have an
impact on the entire business."
"To stay competitive and successful, it's now essential for businesses
to identify talent factors about their employees holistically, including
leadership potential, job performance, promotability, retention risk,
and role importance," said Greg Swick, chief sales officer at Ultimate
Software. "UltiPro Succession Management provides business-critical
information so organizations can build internal talent pools and
pinpoint the right individuals to fill key positions in the future.
We're very happy that our longterm customer Buckeye Partners is
leveraging UltiPro to create a solid strategy for organizational change,
build bench strength, and reduce the risk of business disruption."
About Ultimate Software
Ultimate is a leading
cloud provider of people management solutions, with more than 10
million people records in the cloud. Built on the belief that people are
the most important ingredient of any business, Ultimate's award-winning
UltiPro delivers HR, payroll, and talent management solutions that
seamlessly connect people with the information and resources they need
to work more effectively. Founded in 1990, the company is headquartered
in Weston, Florida, and has more than 1,600 professionals focused on
developing the highest quality solutions and services. In 2013, Ultimate
was ranked #9 on FORTUNE'S list of the "100 Best Companies to Work For."
Ultimate has more than 2,500 customers with employees in 136 countries,
including Adobe (News - Alert) Systems Incorporated, Culligan International, Major
League Baseball, The New York Yankees Baseball Team, Pep Boys, and Texas
Roadhouse. More information on Ultimate's products and services for
people management can be found at www.ultimatesoftware.com.
UltiPro is a registered trademark of The Ultimate Software Group, Inc.
All other trademarks referenced are the property of their respective
owners.
Follow Ultimate Software on Twitter (News - Alert): www.twitter.com/UltimateHCM
Follow Ultimate Software on LinkedIn (News - Alert): http://linkd.in/UltimateHCM
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