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UKG is a multinational technology company that provides cloud-based services for workforce management and human resource management. It was formed in 2020 by the merger of Ultimate Software and Kronos Incorporated, and has acquired several other companies since then.
Kronos Incorporated was a software company that provided workforce management and human capital management solutions. It merged with Ultimate Software in 2020 to form Ultimate Kronos Group, and faced a ransomware attack in 2021.
Ultimate Software was a private technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system. It merged with Kronos Incorporated in 2020 to form Ultimate Kronos Group.
Equifax Workforce Solutions, formerly TALX, is a subsidiary of Equifax that provides payroll and human resource services. It operates The Work Number database, which holds employment and payroll information on 54 million Americans.
Workday, Inc. is an American company that provides cloud-based financial management, human capital management, and student information system software. Founded in 2005 by former PeopleSoft executives, it went public in 2012 and has over 18,000 employees and 310 customers worldwide.
Alight Solutions is a public company that provides cloud-based digital business and human capital service solutions. It was formed in 2017 after the acquisition of Aon Hewitt's benefits outsourcing department and has made several acquisitions and partnerships since then.
PHOTO: Boeing Co. signage outside the company's manufacturing facility in Renton, Wash., Sept. 12, 2024. (M. Scott Brauer/Bloomberg via Getty Images)
A human resource management system (HRMS) is a software that combines various HR functions, such as payroll, benefits, recruitment, and performance management. Learn about the history, functions, and features of HRMS and how it differs from ERP and HCM systems.