Search results for “transformation”

Global Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology

Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make

Nov 17, 2023

Product News

X.com Launches Job Search Functionality, Intensifying Investment in Recruitment Field

X.com（Twitter） has officially entered the recruitment space with the launch of its job search tool, signalling a potential shakeup for the industry. Initially rolled out in August to a select group of users, this LinkedIn-esque feature is n

Nov 17, 2023

Sterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy

NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi

Nov 8, 2023

San Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness

San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service

Nov 2, 2023

Kota Secures €5M Seed Funding: Revolutionizing Employee Benefits Management

Kota, a Dublin-based startup previously known as Yonder, has successfully raised €5 million in Seed funding. The funding round was spearheaded by EQT Ventures and saw participation from Northzone and Frontline Ventures. Established in 2022,

Oct 26, 2023

iCIMS Debuts Generative AI Recruiting Assistant, iCIMS Copilot

iCIMS, a leader in talent acquisition technology, has unveiled its new generative AI-powered recruiting assistant, iCIMS Copilot. The assistant aims to revolutionize the talent acquisition process by enhancing efficiency, decision-making, a

Oct 10, 2023

SAP SuccessFactors Opportunity Marketplace & SAP Business AI-powered Recommendation

The blog post delves into the intricacies of SAP SuccessFactors Opportunity Marketplace, a platform designed to foster internal mobility, career development, and upskilling within organizations. It highlights how the platform leverages AI-p

Sep 30, 2023

Chano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR

Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu

Sep 21, 2023

Common Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts

San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the

Sep 12, 2023

Paychex Announces Efrain Rivera Plans to Retire as CFO

ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi

Sep 5, 2023

Engagedly Launches HR AI Help Desk for HR Policies and Resources Library

LOUIS, Aug. 29, 2023 -- Engagedly , the pioneering provider of AI-powered cloud-based talent management software for Performance, Learning & Development, and Employee Engagement solutions, is thrilled to introduce an innovative enhancement

Aug 30, 2023

Allseated Raises $20 Million to Further Fuel its Rapid Growth

SAN FRANCISCO, August 15, 2023 — Allseated has announced $20 million funding – including capital from Level Structured Capital (an affiliate of Level Equity), and existing investors, Magma Ventures, Vestech Partners, NYFF, and WGG, to furth

Aug 15, 2023

Kuadra Support, a Mexican Nearshore Outsourcing Firm, is Acquired by BeachFleischman For the Majority of its Stock

BeachFleischman PLLC , Arizona’s largest locally-owned public accounting firm, acquires the majority ownership stake in the nearshore outsourcing firm, Kuadra Support , located in Hermosillo, Sonora, Mexico. Kuadra serves the talent needs o

Aug 14, 2023

Kelly Reports Second-Quarter 2023 Earnings, Substantial Progress on Business Transformation

TROY, Mich., Aug. 10, 2023 -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, announced results for the second quarter of 2023. Peter Quigley, president and chief executive officer, announced revenue for

Aug 11, 2023

Ceridian Reports Robust Second Quarter 2023 Results

Minneapolis, MN and Toronto, August 2, 2023 – Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30

Aug 3, 2023

Axuall Raises Series B-1 from Frist Cressey Ventures Which Backs Its Rapid Expansion

CLEVELAND, August 2, 2023 -- Axuall has announced the addition of First Cressey Ventures to its investor family with a Series B-1 investment following the company’s Series B funding in May 2023. Axuall has raised over $41 million from a com

Aug 2, 2023

GoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million

NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource

Jul 27, 2023

ADP Releases Fourth Quarter and Fiscal 2023 Results

ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.

Jul 26, 2023

Skillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms

NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since

Jul 21, 2023

News

USCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification

This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring

Jul 21, 2023

Korn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations

Los Angeles, CA, June 27, 2023 – Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s

Jul 20, 2023

A Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace

BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann

Jul 19, 2023

Canadian Healthcare Staffing Acquisition: Premier Health Buys Solutions Staffing

MONTRÉAL, July 04, 2023 -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is pleased to announce that it has signed this day a binding share purchase agreement (the

Jul 5, 2023

Distinctive Workforce Solutions, Distinctive Personnel, and ManageRight Technologies Unite as SourceNow, Disrupting the Staffing Industry

BOCA RATON, Fla.---- SourceNow , a global leader in contingent talent solutions, is proud to announce the full acquisition and unification of its subsidiaries: Distinctive Workforce Solutions, Distinctive Personnel, and ManageRight Technolo

Jul 5, 2023

Zinc Secures a £5 Million Series A to Revolutionise Background Checks

In a round led by AVP (AXA Venture Partners) with participation from existing investor Seedcamp. Zinc , a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approac

Jul 5, 2023

U.S. Retirement & Benefits Partners Announces Partnership with The Vistria Group, LP

Iselin, NJ, June 21, 2023 — U.S. Retirement & Benefits Partners (USRBP) , a leading national provider of employee benefits and retirement planning services, announced today a strategic partnership with The Vistria Group, LP (The Vistria Gro

Jun 21, 2023

Tandym Group Acquires AETEA Information Technology

NEW YORK , June 21, 2023 -- Tandym Group ("Tandym"), a national consulting, recruitment, and workforce solutions company, announced today that it has acquired AETEA Information Technology ("AETEA"), a technology staffing company. Terms of

Jun 21, 2023