RSM McGladrey Acquires SourceWeb

January 5, 2005 (PLANSPONSOR.com) - RSM McGladrey Employer Services has acquired Ceridian's SourceWeb HR/payroll and self-service product.

A news release said RSM McGladrey also picked up SourceWeb’s base of over 800 small and mid-size business customers.

Over the next nine months RSM McGladrey Employer Services will absorb many of Ceridian’s SourceWeb employees, the announcement said.

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In addition, the existing relationship between RSM McGladrey Employer Services and Ultimate Software is strengthened as Ultimate Software’s UltiPro software, which currently powers the Ceridian SourceWeb HR/Payroll and self-service solution for small businesses, will continue to be used by all clients, according to the news release.

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