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| [November 12, 2012] |
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Insperity Time and Attendance Acquires Sage TimeSheet Software; Companies Enter Into Endorsement Agreement
HOUSTON --(Business Wire)--
Insperity,
Inc. (NYSE: NSP), a leading provider of human
resources and business
performance solutions for America's best businesses, today announced
that InsperityTM Time and Attendance acquired the Sage
TimeSheet solution from Sage North America. Terms of the transaction
were not disclosed.
Sage TimeSheet provides all the tools needed to accurately collect
project time and expense data, track actual costs against a budget and
generate more accurate time-to-completion estimates. The software is
capable of adding sophisticated time and expense tracking data to
financial, project management and payroll systems, or can function as a
stand-alone project time and expense tracking tool.
Insperity Time and Attendance and Sage Employer Solutions, a business
unit of Sage North America, also entered into an endorsement agreement,
culminating a 20-yearalliance between the two companies. The agreement
positions InsperityTM TimeStarTM, a premier time
and attendance software, on Sage's exclusive list of endorsed products.
Sage is a leading global supplier of business management software and
services for small and midsized businesses. The Sage Group plc employs
more than 12,600 people and supports more than 6 million customers
worldwide. Sage Employer Solutions will market and resell Insperity
TimeStar as its preferred time and attendance solution, integrated with
Sage HRMS.
"Insperity values its long and productive business relationship with
Sage, and this endorsement agreement is a direct result of that trust
and carries with it great mutual benefit," said Jim Wacek, Insperity
Time and Attendance division president. "Credibility and longevity in
the time and attendance industry underscores Insperity Time and
Attendance's ability to provide unparalleled customer support to
existing TimeSheet users. This acquisition positions us well to
introduce customers and Sage TimeSheet business partners to additional
Insperity business performance solutions."
About Insperity Time and Attendance
InsperityTM
TimeStarTM enables businesses to collect, analyze and
take control of employees' attendance and labor data - all online and in
real time. Increasing accuracy and efficiency in time and attendance
tracking translates to substantial cost savings, and collecting and
analyzing this data in real time can create further advantages in job
costing, PTO tracking and scheduling.
About Insperity
Insperity, a trusted advisor to America's best businesses for more than
26 years, provides an array of human resources and business solutions
designed to help improve business performance. InsperityTM Business
Performance Advisors offer the most comprehensive suite of products and
services available in the marketplace. Insperity delivers administrative
relief, better benefits, reduced liabilities and a systematic way to
improve productivity through its premier Workforce Optimization™
solution. Additional company offerings include Human Capital Management,
Payroll Services, Time and Attendance, Performance Management,
Organizational Planning, Recruiting Services, Employment Screening,
Financial Services, Expense Management, Retirement Services and
Insurance Services. Insperity business performance solutions support
more than 100,000 businesses with over 2 million employees. With 2011
revenues of $2 billion, Insperity operates in 56 offices throughout the
United States. For more information, visit http://www.insperity.com.

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