SwipeClock LLC has an-nounced it has acquired Shugo, a provider of SaaS-based workforce products and services for small and medium-sized businesses. SwipeClock is developer of workforce management software based in Salt Lake City. SwipeClock said that the buyout allows the company to broaden its workforce management offerings and provide channel partners and their clients with additional solutions that make managing workforces easier and more cost effective.
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“As a long-time integration partner that has been closely aligned with SwipeClock’s mission, we are excited to acquire Shugo,” said Coleman Barney, CEO of SwipeClock. “Because we have tremendous overlap with Shugo’s sales channel, a shared customer base and solutions that are already integrated, this acquisition is a clear fit for both companies. Additionally, SwipeClock can now help our sizeable installed base of partners and clients better manage their workforces by delivering a more unified and complete solution.”
Shugo’s product line includes an intuitive and customizable employee portal with a punch clock feature, access to payroll information, company communications and alerts, a company directory and options for HR tasks and workflow processes. The combined product offerings will enable SwipeClock to offer an even more powerful and intuitive employee and manager portal that already has wide adoption across both companies’ customer bases, the company said
Shugo has focused on integrating its solutions with payroll software products and building a distribution channel using payroll service bureaus — both important facets of SwipeClock’s growth objectives, according to Barney.
Terms of the acquisition were not disclosed.
SwipeClock’s products include TimeWorksPlus, TimeSimplicity and Workforce Management Suite, which are sold through over 850 partners to 26,000 businesses.{/mprestriction}
