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Cegid - Investor › Pres release › Cegid offers a complete hosting platform for Human Resources Outsourcing (HRO): RH Sourcing

Cegid offers a complete hosting platform for Human Resources Outsourcing (HRO): RH Sourcing

According to the latest PAC study (Pierre Audoin Consultants), since outsourcing their payroll procedures, businesses are now open to doing the same for their Human Resources.

With RH Sourcing, a major and historic offering for the Cegid Sourcing hosting platform, Cegid provides a complete response in terms of HRO.

Since the acquisition of CCMX, Cegid has become one of the leaders of the HRO market in France. The latest study from Pierre Audoin Consultants on the French payroll and human resources market, ranks Cegid as the third largest software developer in France and the leading French developer in this market. The study also shows that outsourcing has been the main driving force in the growth of the French payroll-Human Resources market for the past 2 years. "HRO enables companies to be delegate all information systems management and control costs. This makes outsourcing one of the major forces in this market,"  explains Alexia de Castet, analyst at Pierre Audoin Consultants and author of the study.

With its RH Place solution, developed by CCMX, Cegid now offers a complete HRO solution. It covers all Human Resources functions : from payroll to HRM, job and career forecasting management, professional training,  salary management, time and scheduling management, all fields now currently very strategic for HR managers. Among other features, the solution includes an HR portal—a true shared application and HR service platform, facilitating information exchange and communication among various company actors.

Cegid follows this new market trend through its RH Place offering, available as a license purchase or in webhost mode. The software developer's RH Sourcing solution processes not less than 150,000 pay slips per month. The company has found that two-thirds of new HR projects are now in webhost mode.

The webhosting solution, called RH Sourcing, enables companies to outsource applications and information load, thus freeing themselves from all HR information management. To be sure, companies have the option to return to their former IT architecture and decide to host their HR information system themselves.

Beyond the technical advantages outsourcing provides (timely upgrades of hardware platforms, operating systems, databases, guarantee and simplified mulit-site rollout), RH Sourcing offers business unlimited, secure remote access to HR applications in real time and unlimited data processing with no surcharge. Further, the solution provides additional services such as, automating legal and regulatory updates for solutions, application modules, printing, mailing pay slips, as well as priority technical and application support. Lastly, the software developer has made a commitment to quality, constantly monitoring services to guarantee optimum performance. In case of technical problems, the service response is immediate.

Finally, to meet another market trend – complete outsourcing of payroll procedures – Cegid offers businesses BPO services (Business Process Outsourcing), calling on partners specialized in payroll, including Price Waterhouse Coopers, Addeco, Intexco…….

The following have chosen the RH Sourcing platform to outsource their HR information system in complete security : Groupe Mory team,  Microsoft France, UPC, DMC, Quick France

Cegid in brief www.Cegid.fr

Created in 1983, the Cegid group is now one of the leading French Business software developer for all business sized Companies

The recent acquisition of CCMX makes the group a major European player with over 2,000 employees, €223 million in pro forma annual sales and over 80,000 client sites

Cegid offers Business Software solutions designed for every field and size of business :

  • Products designed for CPAs and Small business companies, around the CCMX, Quadratus and Cegid brands
  • A modular ERP for small and medium-sized businesses as well as corporate subsidiaries, covering all functional needs in accounting-finance, payroll and human resources, Manufacturing, Customer relationship management, sales, stocks and purchasing…
  • A vertical product range for all Industries in the fields of fashion, Manufacturing, retail, construction, hotels and restaurants, 
  • Solutions for corporations and company groups for human resources management (RH Place) Taxation solutions (ETAFI and PROFIN) , consolidation (FCRS and ETAFI Conso) and business intelligence (Open Executive)  .

In addition, the new group's objective is to become the leader in terms of outsourcing and ASP deployment through Cegid sourcing, a market where CCMX already has significant expertise. 

Cegid has installations abroad, with offices in New York, Madrid, Barcelona, Frankfurt and Zurich.

Stock market : quoted since 1986. Eurolist from Euronext – B Level Indexes : Small 90, Mid and Small 190 and ITCAC
Euronext Next Economy segment.


ISIN : FR0000124703  Bloomberg : CGD FP Reuters : CEGI.PA


Press contacts
H & B COMMUNICATION : Delphine Martin,– 01 58 18 32 55 - d.martin@hbcommunication.fr
Cegid : Isabelle Emerard –  04 26 29 52 39 - iemerard@cegid.fr

 

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