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Cegid - Investor › Pres release › Cegid and Octime sign a new partnership and offer a comprehensive HR solution

Cegid and Octime sign a new partnership and offer a comprehensive HR solution

Cegid has strengthened its payroll and human resources management product lines by adding Octime's scheduling and work-time management solutions.

Cegid and Octime, both leaders in their fields serving mid-sized and large companies, have expanded their partnership to include new solutions based on their respective product suites. Cegid will offer Octime's scheduling and work-time management software in license and On Demand (SaaS) modes and enhance interoperability between these functions and payroll and personnel management.

The two software providers, drawing on their strengths in human resources and in the retail, services, hospitality, manufacturing and healthcare industries, are highly complementary from a functional point of view. These solutions also address the public sector and local authorities, in particular via Civitas, Cegid's subsidiary dedicated to these users.

"Scheduling work time and optimizing the payroll are taking on increasing importance," said Nicolas Michel Vernet, Cegid's director of HR solutions. "This partnership is in line with our strategy of building alliances: team up with experts and offer interoperable solutions. This strengthens our application base, and our customers will appreciate having a single point of contact for this functional area."

Common customers illustrating this partnership include retailer Botanic (2,500 employees), the head office of Pernod, a private general hospital in Poitiers (750 employees) and the manufacturing company TSO (1,000 employees).

Philippe Montagut, director of operations at Octime, said, "This agreement reflects our strategy of staying within our core business and seeking out partnerships with companies that have complementary product ranges. No single system can mange all of these topics correctly within an acceptable project timeframe. We see it every day. We regularly replace complex, so-called "integrated" systems that do not adapt to changing circumstances and are costly to maintain. This partnership emphasizes pragmatism and efficiency. It connects packaged software solutions that are leaders in their respective markets. The customer is guaranteed to see added value."

About Octime www.octime.com

Octime was founded in 1999 and in the space of a few years has become a major player in the scheduling and work-time management market. More than 6,000 sites use Octime solutions on a daily basis to organize departmental scheduling and to automate the calculation of employee work time and absences. Octime is positioned on all business sectors, including retailing, distribution, professional services, manufacturing, healthcare, social services and the public sector.
Octime solutions are used by companies ranging in size from 20 to more than 15,000 employees.
 

Cegid in brief - www.cegid.fr

The leading developer of management software in France with annual sales of €248 million in 2008, Cegid counts more than 2,000 employees and 350,000 users in France and abroad. With branch offices in Paris, New York, Barcelona, Madrid, Milan, London, Casablanca, Shenzhen, Tokyo and Singapore, Cegid also relies on distribution agreements throughout the world in order to support its customers in their international growth.

Creator of solutions dedicated to enterprise performance and growth, Cegid has built its know-how on "business-specific" (retail, manufacturing, hospitality, services, wholesale, CPAs, public sector) and "functional" expertise (accounting and fixed asset management, taxes, financial management and reporting, and HR/payroll management). Cegid's products are tailored to businesses and public institutions of all sizes and are also available in "On Demand" (SaaS) mode.

With technologies that integrate naturally and meet users' industry-specific requirements, Cegid opens a new dimension in information technology: the creation of value for enterprises and those contributing to their growth.

Listed since 1986 - Euronext Paris Compartment C
ISIN stock code: FR0000124703 - Reuters : CEGI.PA - Bloomberg : CGD FP - ICB : 9537 Software
Indices : Small 90, Mid and Small 190, ITCAC and SBF 250

Press Contacts

i&e CONSULTANTS – Cegid Press Group – +33(0)1 56 03 13 39 – cegid.presse@i-e.fr
Cegid : Isabelle EMERARD – +33(0)4 26 29 52 39 – i.emerard@cegid.fr

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