RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Robo-Labor" tackles labor shortages and hazardous work environments with 1mm precision and cutting-edge capabilities. With backing from Nobel Laureate Myron Schol
Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’s HR solutions more easily and intuitively through a mobile-first, conversational interface. Key features include intelligent search, generative AI-powered
HR Path, a global leader in HR consulting and HRIS solutions, has strategically acquired Northern Ireland-based IntSys Solutions, renowned for its Workday expertise and innovative HR services. This acquisition enhances HR Path's Workday capabilities and strengthens its presence in the UK and Irish m
Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in driving the company's transformation and expansion, tripling it
Ciphr Group, a leading HR software provider in the UK, has acquired Avantus, an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable platforms—FlexGenius and MyWorkPal—into its human capital
Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $0.07 and adjusted EPS of $0.39. The total revenue for the qu
Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share, while non-GAAP net income stood at $93 million, or $1.67 p
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