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What (who) is exult - definition
Wikipedia
Exult Inc. was a company headquartered in Irvine, California that provided business services related to Human Resources (HR) and Business Process Outsourcing (BPO).
Exult was created in 1998 and originally operated under the name of BPO US, Inc. Its business model was based on the premise that big corporations could be persuaded to outsource the most mundane human-resources tasks to outside contractors.
Founded by Jim Madden, who also served as chairman and chief executive officer of Exult, the company experienced rapid growth. Exult was initially funded by private-equity firm General Atlantic Partners.
Exult provided administrative services like payroll and benefits plans, as well as recruiting and learning and development for businesses. The company ran some of these services on intranet technology, called myHR, in which clients' employees could access general data on human resources.
In addition to human resource functions, Exult provided financial process outsourcing solutions options to its clients inclusive of accounts receivable, general ledger and finance, accounts processing, and fixed asset and procurement tools.
