MPAY, a prominent provider of payroll and human capital management solutions, has announced its acquisition of Southland Data Processing (SDP), effective July 1, 2024. This strategic acquisition is set to bolster MPAY’s position in the payroll services industry and extend its service offerings nationwide through its Payroll Service Bureau, Payentry.
1. Overview of the Acquisition:
- Effective Date: July 1, 2024.
- Objective: Enhance MPAY’s payroll services and expand client offerings through Payentry.
- History of SDP: Established in 1986, known for comprehensive payroll solutions and technological innovation.
2. Impact on Clients and Services:
- Consistency in Platform Use: Clients will continue using MPAY’s Millennium software suite.
- Enhanced Services: Access to a broader range of services and an expanded support team.
- Seamless Transition: Clients of Payentry and SDP will experience no disruption in services.
3. Statements from Leadership:
- Geoffrey R. Duke, CEO of MPAY: Emphasized the strategic fit and enhanced value from the acquisition.
- Renita J. Wojtuszewski, President and CEO of SDP: Highlighted the commitment to excellence and innovation in the new partnership.
4. Future Outlook:
- Combined Strengths: Leveraging resources, technology, and talent for superior service delivery.
- Expanded Capabilities: Greater support and innovative solutions for payroll and HR management.
The acquisition of Southland Data Processing by MPAY marks a significant milestone in expanding and enhancing payroll and HR services. With a shared commitment to excellence and innovation, the combined strengths of MPAY and SDP are poised to deliver exceptional value and support to businesses across the nation.
