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Case Study: Monster, Inc.

Company Description

Monster Inc., manufactures and sells high-end audio and video equipment, including headphones and cables. The company has about 400 employees world-wide.

Business Need

One of Monster’s biggest challenges was the lack of adequate customer service from their prior HR software solution. The company also wanted a system that fully integrated their HRIS, payroll, recruiting and time systems to eliminate errors caused by manual, dual-data entry.

It was also important for Monster’s human capital management system to be able to track international employees while cutting expenses.

Main Concerns

  • Lack of quality customer service and support with prior vendor
  • Error-prone manual entry in carriers’ systems during open enrollment
  • Usage of spreadsheets to house international employee data
  • Desire for a more affordable system and greater productivity

Desired Requirements

  • Seamless integration between HRIS and payroll systems
  • Real-time manual check calculations and ability to spread taxation over any number of weeks
  • Direct benefits enrollment feed directly to carriers
  • Ability to use HRIS as database for non-U.S. employees
  • Benefits management that stores employee data and seamlessly shares benefit deduction data with the payroll system

Why Ascentis

  • Extraordinary customer support, including a designated support representative
  • Ease of use and fully reportable historic employee data
  • Employee access to online benefit enrollment
  • Real-time processing for payroll
  • Ability to customize tabs in HRIS and ability to add custom audit reports to the payroll process

Outcome

  • Cut expenses by 40% as compared to the total cost spent with prior vendors
  • Direct carrier feed eliminates time spent entering benefit enrollment in carrier systems
  • New hire data seamlessly flows from HRIS to payroll and eliminates need for dual-entry
  • Built-in and customizable workflows reduces need for manual data entry
  • Streamlined new hire process and new employee orientation
  • Self-Service reduced HR and payroll labor hours by keeping data changes and online open enrollment in hands of employees
  • History of job titles and pay rates is easily accessible in the system
  • Easy and paperless open enrollment periods
  • Easy and quick reconciliation of carrier invoices

“Ascentis allowed us to cut our expenses by 40% as compared to the total cost we were spending with prior vendors.”
-Zhanna Sokolsky, Payroll Manager

  • Client: Zhanna Sokolsky
  • Company: Monster, Inc.
  • Industry: Manufacturing
  • Products: HR, Payroll, Recruiting, Time and Self-Service