By Popular Demand

From: CFO Magazine
By: Megan Santosus

Growth comes at a price - and often it's a company's human-resources department that has to pay it. Consider Genmar Holdings Inc., a $1 billion maker of recreational boats sold under such brands as Wellcraft, Seaswirl, and Larson. A multiyear acquisition spree made it difficult for the company to obtain consolidated information at the corporate level. Even tallying its current number of employees proved elusive.

Yet David Mahler knew how many IT staffers he had: one.

So when talk turned to buying a new HR system, Mahler, the treasurer at Genmar sister company Jacobs Management Corp., which provides a range of administrative services to Genmar, knew it had to be easy to implement and even easier to run - and it had to cost very little money.

Click on the link below to find out how "software-as-a-service" providers are working with companies to help improve their HR functions.

By Popular Demand