Ultimate Software, now part of UKG (Ultimate Kronos Group), is a leading provider of human capital management (HCM) solutions. The company specializes in delivering comprehensive HR software and payroll solutions designed to enhance the management of human resources and employee benefits. Ultimate Software serves a diverse range of clients, primarily targeting midsize to large organizations across various industries and global locations.

Operating in the HCM market, Ultimate Software offers a suite of products that streamline HR processes, including payroll, talent management, time and scheduling, and employee engagement surveys. Their flagship product, UKG Pro, is a powerful HCM platform that provides organizations with the tools needed to manage their workforce efficiently. This platform supports HR leaders in Canada and other regions through web demos and educational resources.

The business model of Ultimate Software revolves around providing software-as-a-service (SaaS) solutions. This means clients subscribe to their software on a recurring basis, typically monthly or annually, which ensures a steady revenue stream for the company. Additionally, Ultimate Software offers various compliance solutions to help businesses adapt to new regulatory requirements effortlessly.

Ultimate Software makes money through subscription fees for its software solutions, as well as through additional services such as consulting, implementation, and support. By focusing on improving the employee experience and streamlining HR processes, Ultimate Software helps organizations achieve better efficiency and compliance, ultimately contributing to their overall success.

Keywords: HCM, HR software, payroll solutions, talent management, employee engagement, SaaS, compliance, workforce management, UKG Pro, midsize to large organizations.