Lawson Software Partners with Ceridian to Enhance Tax Management Capability of Lawson Payroll System
May 15, 2007
New partnership to provide Lawson Payroll users with a direct interface with tax service offerings from Ceridian
ST. PAUL, Minn., May 15, 2007 - Lawson Software (Nasdaq: LWSN) today announced a new partnership with Ceridian, a leader in managed human resource outsourcing solutions, to provide a tax filing interface for Lawson customers using Lawson Payroll. Under the agreement, Lawson will manage the interface between Lawson Payroll and Ceridian's tax service, which will help simplify the management of complex tax issues associated with an organization's payroll operations.
The interface between Lawson and Ceridian provides a more efficient and accurate means to compile and file monthly, quarterly and annual tax returns. Since the interface is designed to function specifically with the Lawson Payroll solution, there is no need for customized programming.
This interface was designed to more efficiently manage the complexities associated with managing tax issues in payroll, with support for federal, state and local requirements. It also supports periodic, quarterly and annual tax filing as well as self-serve employee W-2 printing and wage attachment disbursement. The interface also helps simplify processes for depositing tax funds on time using the proper deposit methods, responding to tax agency inquiries and transferring funds to automatically pay tax bills.
"Our customers face an increasingly complex set of challenges associated with managing the tax issues for their employees," said Jim Catalino, vice president of business development for Lawson. "This service allows them to keep current with the constant changes is tax regulations from the local level up to the federal level."
Lawson has approximately 60 customers already taking advantage of the interface with Ceridian Tax Services. Among them is Lutheran Medical Center in Brooklyn, New York. "We are very excited about this new partnership and it is a testament of Lawson and Ceridian's commitment to their customers," said Jeffrey Archer, director of payroll for Lutheran Medical Center. "Our organization has already benefited from this solution, saving time and valuable resources from managing our payroll tax filings."
The Ceridian Payroll Data Exchange interface also gives a Lawson customer greater control through useful data manager screens. With these screens, a payroll manager has greater control of the release of data transmissions and the ability to review employee tax history, adjust employee information and simplify end-of-quarter balancing.
"The implications of errors associated with filing employment taxes are a significant concern for companies today," said Web Hill, vice president of tax services for Ceridian. "By offering greater controls over these processes, we are helping our customers file timely and accurately to reduce their exposure to penalties, interest and even tax liens due to noncompliance or late or inaccurate tax filings."
The Lawson-Ceridian interface is also designed for security, with strong data encryption, File Transmission Protocol (FTP) standards and disaster recovery capabilities.
This service is an extension of Lawson's application management services. Through Lawson Professional Services, Lawson offers a full complement of consulting and application management services, including Lawson Total Care Gold.
About Ceridian
Ceridian is changing the world of work by enabling companies to be free to succeed in their core business through its suite of innovative managed human resource solutions that include payroll and compensation, staffing, compliance, HR administration and employee effectiveness. Our wide range of HR, payroll, work-life and benefits services are designed to help companies maximize the value of their people. Ceridian Corporation (NYSE: CEN) is an information services company serving businesses and employees in the United States, Canada and Europe. For more information about the human resource outsourcing company's comprehensive array of solutions, visit Ceridian's Website www.myceridian.com or call (800) 729-7655.
About Lawson Software
Lawson Software provides software and service solutions to 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson's solutions include Enterprise Performance Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com.
Forward-Looking Statements
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in Lawson's ability to realize synergies and revenue opportunities anticipated from the Intentia International acquisition; uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries; increased competition and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.
New partnership to provide Lawson Payroll users with a direct interface with tax service offerings from Ceridian
ST. PAUL, Minn., May 15, 2007 - Lawson Software (Nasdaq: LWSN) today announced a new partnership with Ceridian, a leader in managed human resource outsourcing solutions, to provide a tax filing interface for Lawson customers using Lawson Payroll. Under the agreement, Lawson will manage the interface between Lawson Payroll and Ceridian's tax service, which will help simplify the management of complex tax issues associated with an organization's payroll operations.
The interface between Lawson and Ceridian provides a more efficient and accurate means to compile and file monthly, quarterly and annual tax returns. Since the interface is designed to function specifically with the Lawson Payroll solution, there is no need for customized programming.
This interface was designed to more efficiently manage the complexities associated with managing tax issues in payroll, with support for federal, state and local requirements. It also supports periodic, quarterly and annual tax filing as well as self-serve employee W-2 printing and wage attachment disbursement. The interface also helps simplify processes for depositing tax funds on time using the proper deposit methods, responding to tax agency inquiries and transferring funds to automatically pay tax bills.
"Our customers face an increasingly complex set of challenges associated with managing the tax issues for their employees," said Jim Catalino, vice president of business development for Lawson. "This service allows them to keep current with the constant changes is tax regulations from the local level up to the federal level."
Lawson has approximately 60 customers already taking advantage of the interface with Ceridian Tax Services. Among them is Lutheran Medical Center in Brooklyn, New York. "We are very excited about this new partnership and it is a testament of Lawson and Ceridian's commitment to their customers," said Jeffrey Archer, director of payroll for Lutheran Medical Center. "Our organization has already benefited from this solution, saving time and valuable resources from managing our payroll tax filings."
The Ceridian Payroll Data Exchange interface also gives a Lawson customer greater control through useful data manager screens. With these screens, a payroll manager has greater control of the release of data transmissions and the ability to review employee tax history, adjust employee information and simplify end-of-quarter balancing.
"The implications of errors associated with filing employment taxes are a significant concern for companies today," said Web Hill, vice president of tax services for Ceridian. "By offering greater controls over these processes, we are helping our customers file timely and accurately to reduce their exposure to penalties, interest and even tax liens due to noncompliance or late or inaccurate tax filings."
The Lawson-Ceridian interface is also designed for security, with strong data encryption, File Transmission Protocol (FTP) standards and disaster recovery capabilities.
This service is an extension of Lawson's application management services. Through Lawson Professional Services, Lawson offers a full complement of consulting and application management services, including Lawson Total Care Gold.
About Ceridian
Ceridian is changing the world of work by enabling companies to be free to succeed in their core business through its suite of innovative managed human resource solutions that include payroll and compensation, staffing, compliance, HR administration and employee effectiveness. Our wide range of HR, payroll, work-life and benefits services are designed to help companies maximize the value of their people. Ceridian Corporation (NYSE: CEN) is an information services company serving businesses and employees in the United States, Canada and Europe. For more information about the human resource outsourcing company's comprehensive array of solutions, visit Ceridian's Website www.myceridian.com or call (800) 729-7655.
About Lawson Software
Lawson Software provides software and service solutions to 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson's solutions include Enterprise Performance Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com.
Forward-Looking Statements
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in Lawson's ability to realize synergies and revenue opportunities anticipated from the Intentia International acquisition; uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries; increased competition and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.
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