F.W. Davison & Company Acquires Software Developer OpenNotus
PLYMOUTH, MA 9/13/13 – FW Davison & Company, developer of the HRPyramid enterprise system for the human resource outsourcing (HRO) industry, today announced that it has acquired privately-held OpenNotus, developer of cloud-based human capital management solutions.
“Several years ago, we partnered with OpenNotus to develop our employee onboarding and benefit enrollment automation products,” said Craig Babigian, Executive Vice President of F.W. Davison & Company. “Today, over 25% of HRPyramid clients use these products, indicating how integral they have become to the HRPyramid product line. The time was right to align strategies and accelerate development.”
Davison has retained the innovation of the OpenNotus team and is in the process of bringing on new resources to further refine the development and support of OpenNotus’ suite of products. OpenNotus’ “OnHRP” employee onboarding system enables companies to automate the capturing of critical new hire information, while at the same time, guide the new employee through the potentially complicated onboarding process. The “OnHRP” benefit enrollment product is a “self-service” tool that guides employees through the open enrollment process, and captures and passes data seamlessly into HRPyramid. The “Carrier Connect” benefit carrier file management bridges the gap between employers and insurance carriers by automating the transfer of employee detail records.
“Client-facing functions such as employee onboarding and benefits enrollment components have become a critical capability for HRO’s in recent years due to the outsourcing customer’s increasing demand for direct-touch access to the HRO’s HRIS (Human Resources Information System),” said Fred Davison, President & CEO of F.W. Davison & Company. “This acquisition will allow us to accelerate our investment in the industry, and bring other customer-facing capabilities to market, supporting our long-term strategy to be the leading enterprise HRIS platform for the HRO industry.”
About FW Davison & Company
F.W. Davison & Company develops cloud (SaaS) and software solutions for Payroll and Human Resource Outsourcing (HRO) industries. Its enterprise software platform HRPyramid is used by professional employer organizations (PEO) providing human resource and payroll outsourcing services in all 50 states. FW Davison also develops the MyPayrollHR and CloudPayrollHR cloud-based self-service payroll solutions. FW Davison & Company is an associate member of the National Association of Professional Employer Organizations (NAPEO) and the American Payroll Association (APA). Founded in 1984, FW Davison & Company is based in Plymouth, Massachusetts.