RSM McGladrey Acquires SourceWeb

January 5, 2005 ( - 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.

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.