Advanced announced today that it has acquired Mitrefinch, who in turn has fully acquired the joint venture it held in Ireland with Advance Systems International. Mitrefinch is a global provider of workforce management solutions and Advance Systems International was its distributor in Ireland. The joining together of these businesses will enable strong future innovation and growth to the benefit of their combined customers.
For Advanced, these acquisitions boost the company’s market share in Human Capital Management, and further strengthen its offering with a complete digital HR lifecycle from recruitment to retirement and full management of the employee journey, whilst further supporting the company’s ambition to become the number one provider of business software solutions in the UK and broadening its global reach.
Established in 1979, Mitrefinch provides user-friendly, cutting edge products across integrated time and attendance, payroll, HR and access control with sophisticated analytic capability. They help some 4,400 customers in over 80 countries to increase productivity, profitability and manage their workforce effectively, solving the complexities of managing time. With businesses losing an estimated £80bn a year in wasted time, Mitrefinch helps organisations spend their time on what matters most, with customers across all industries, including some of the UK’s largest manufacturing, transport, retail and construction organisations. Advance Systems International is a leading provider of workforce management solutions in Ireland and has been providing its customers with Mitrefinch solutions for some 20 years.
The innovative workforce management solutions developed by Mitrefinch are an exceptional fit with the existing best of breed Cloud HR solution Advanced provides. Covid-19 has changed the future of workforce management and has shifted workforce expectations, leaving companies facing uncertainties with regards to resourcing and staffing. Digital technology provides accuracy of data to enable rapid decision-making in shifting market conditions which is a vital tool for companies managing shift patterns and measuring critical output.
Mitrefinch has a strong reputation for developing transformative products that help companies solve the complexities of managing time.