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Venture Capital

Recruiter.com Acquires bountyJobs to expand total talent solutions

Recruiter.com has acquired BountyJobs , a recruitment marketplace known for connecting employers with third-party recruiters, to strengthen its position as a comprehensive total talent solutions provider. This strategic acquisition enhances

Nov 15, 2024
Company News

UKG Unveils Bryte AI Agents and Capabilities to Transform Employee Experiences for the UKG Pro HCM suite

UKG has introduced UKG Bryte™ AI Agents within its Pro HCM suite, leveraging advanced AI like Large Action Models to automate complex processes and enhance workplace experiences. These agents, focusing initially on compliance and talent man

Nov 13, 2024
Company News

Dayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue

Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat

Oct 30, 2024
Venture Capital

Jet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy

Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy

Sep 26, 2024
Company News

UKG Ready Simplifies Pay, Culture, and People Operations with Enhancements to All-in-One Suite

UKG has expanded its UKG Ready HR Suite with modified versions of three popular applications: UKG Bryte, UKG Great Place To Work Hub, and UKG One View. These tools, previously available only to large enterprises, are now tailored for small

Sep 24, 2024
Company News

UKG Launches Global Operations Hub in Ireland

UKG , a leader in HR, payroll, and workforce management solutions, is set to more than double its workforce in Ireland by establishing a new Global Operations Hub in Kilkenny. Partnering with the Irish government through IDA Ireland, UKG pl

Sep 12, 2024
Venture Capital

Oyster Raises $59M Series D to Democratize Access to Global Job Opportunities

Oyster® ,a leading global employment platform, has secured $59M in Series D funding led by Silver Lake Waterman. This investment will accelerate Oyster's roadmap, enhance compliance capabilities, and expand its suite of services including g

Sep 4, 2024
Product News

Papaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!

Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By

Sep 3, 2024
Venture Capital

NYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments

Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man

Aug 23, 2024
Company News

Workday Announces Fiscal 2025 Second Quarter Financial Results

Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased

Aug 22, 2024
Product News

Workday Announces Global Payroll Connect - One Solution to Manage All of an Organization's Payroll Needs

Workday has announced the launch of Global Payroll Connect, a comprehensive payroll solution designed to seamlessly integrate with payroll providers, streamlining the payroll experience for global organizations. This solution addresses a ke

Aug 20, 2024
Company News

UKG Wins Global Payroll Industry’s Top Honor

UKG has been named the 2024 Global Payroll Supplier of the Year by the Global Payroll Association for its innovative UKG One View solution, which simplifies multi-country payroll processes for global organizations. The award highlights UKG'

Aug 19, 2024
HotNews

National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued

The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA

Aug 9, 2024
Venture Capital

UK's CloudPay Secures $120M to Revolutionize Global Payroll with AI and Automation

CloudPay , a leading global payroll and payment solutions provider, has secured $120 million in funding led by Blue Owl Capital, with participation from existing investors Rho Capital Partners, The Olayan Group, and Hollyport Capital. This

Aug 8, 2024
Earnings

Dayforce Q2 2024: Strong Growth and Exciting Future with $500M Share Repurchase

Dayforce Inc ., a leader in human capital management technology, reported strong financial results for Q2 2024, with recurring revenue up 20% and total revenue up 16%. Operating cash flow increased by 16% year-to-date, leading to a $500 mil

Jul 31, 2024
News

Deel is acquiring Hofy

Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th

Jul 18, 2024
Product News

MyDay™: The Future of Transparent Global Payroll Management by Safeguard Global Pay

Safeguard Global Pay has unveiled MyDay ™, a groundbreaking platform designed to revolutionize global payroll management. This innovative solution aims to eliminate the traditional 'black box' approach to payroll, offering a transparent and

Jul 16, 2024
Company News

Alight's $1.2 Billion Sale of Payroll and Professional Services Business to H.I.G. Capital: Introducing Strada

Alight , Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independe

Jul 12, 2024
Venture Capital

Cadana Secures $7.4 Million to Enable Seamless, Compliant Payroll Services in Emerging Markets for Global Hiring Platforms

Cadana , a pioneering global payroll technology company, has secured $7.4 million in funding to enhance its services in emerging markets. Specializing in seamless and compliant payroll solutions, Cadana's APIs and white-label products are d

Jun 21, 2024
Product News

Borderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR

Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,

Jun 14, 2024
Product News

CloudPay Launches In-App Mobile Payslip Functionality to Enhance Employee Pay Experience

CloudPay, a global leader in payroll solutions, announced the introduction of a new digital payslip feature in its employee app, CloudPay NOW. This enhancement allows employees to easily access and manage their payslips and year-end tax doc

Jun 10, 2024
Column

Broad Market Reach, Customers Expanding UKG Investments Fuel Second-Quarter Fiscal 2024 Momentum

UKG , a leading provider of HR, payroll, workforce management, and culture solutions for all people, today provided a business update for the second quarter of fiscal 2024, ending March 31, 2024. “We continue to see strong demand for UKG so

Jun 3, 2024
Venture Capital

Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments

Alviere , an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contracto

May 28, 2024
Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

May 1, 2024
Company News

Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion

Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move

Mar 20, 2024
Product News

Ontop's New Employee Cost Calculator Empowers Global Companies to Save Big on Hiring Expenses

Ontop, a YCombinator-backed startup established in 2020, offers innovative Employee of Record (EOR) services designed to help global companies reduce hiring expenses significantly. With its latest tool, the employee cost calculator updated

Mar 11, 2024
Venture Capital

Deel Is Acquiring Payroll Company PaySpace

Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along

Mar 5, 2024
Venture Capital

Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy

Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De

Feb 28, 2024
Company News

Deel's Dynamic Rebrand: Charting New Horizons in Global HR Solutions

In the dynamic world of global HR solutions, Deel stands out not only for its rapid expansion but also for its commitment to evolving alongside the changing needs of businesses worldwide. As it approaches its fifth anniversary, Deel has unv

Feb 26, 2024
Column

ADP Named Market Leader in Global Payroll by Everest Group, NelsonHall and Ventana Research

Three Major Industry Analyst Rankings Highlight ADP's Strengths in Geography, Technology, Customer Experience and Analytics ROSELAND, N.J. ,  Dec. 13, 2023  In three separate recent reports by leading industry analysts, ADP was recognized a

Dec 13, 2023
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