H.S. Data and Exelsys announced that they have signed a strategic partnership agreement to provide innovative Human Capital Management Solutions based on internet and cloud technologies. Exelsys will work with HS Data to integrate Exelsys Human Capital Management System with the HS Data Time and Attendance System allowing clients to benefit from the combined technology. The solution empowers large and medium sized companies to run their Human Capital Management in the “cloud”, or “on-premise”. The cloud model allows companies of all shapes and sizes to leverage an infrastructure, which would otherwise be out of reach for most, at a fraction of the cost of a similar solution.

"The Exelsys HCM Software-as-a-Service has seen tremendous momentum and validation from customers, prospects, and partners and truly represents the future of software delivery," said Kyriacos Fiakkas, CEO of Exelsys. "The combination of Exelsys HCM and HS Data long presence in the Cyprus market as a technology partner will help companies to easily implement a state-of-the-art Human Capital Management System without having to worry about hardware and IT infrastructure issues”.

HS Data executive Antonis Neocleous said, “We are very excited to work with Exelsys. Teaming up with Exelsys and combining it with our HS Data Time and Attendance System will enable us to provide a complete solution to companies in Cyprus.”