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Company News

TriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend

TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share

Feb 15, 2024
Venture Capital

HiBob Acquires UK Payroll Automation Platform Pento

HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integratin

Feb 13, 2024
Company News

Today Ceridian officially became Dayforce.

In a significant move that underscores its commitment to innovation and excellence in the human capital management (HCM) sector, Ceridian has announced its plan to rebrand as Dayforce, effective January 2024. This decision aligns with the c

Feb 1, 2024
Product News

Ceridian to change ticker symbol to ‘DAY’ on NYSE and TSX effective February 1

Toronto, ON and Minneapolis, MN, January 22, 2024 Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY) (the “Company”), a global leader in human capital management (HCM) technology, today announced its ticker symbol will change to DAY on the N

Jan 23, 2024
Product News

Ceridian to Acquire eloomi, a Market-Leading Learning and Development Platform

Ceridian, a renowned human capital management tech company, is set to acquire eloomi, a leader in learning experience platform software. This strategic move, expected to finalize in Q1 2024, aims to bolster Ceridian's Dayforce platform. It

Jan 19, 2024
Product News

Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results

Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana

Dec 21, 2023
Company News

Workday Announces Fiscal 2024 Third Quarter Financial Results

·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of   $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C

Nov 28, 2023
Company News

ADP Launches First All-in-One HCM Solution for the Construction Industry

ADP has launched Workforce Now for Construction, a groundbreaking all-in-one Human Capital Management (HCM) solution tailored for the construction industry. This comprehensive platform addresses the unique challenges faced by construction f

Oct 19, 2023
Venture Capital

ADP Launches ADP Ventures,A Game-Changer in Human Capital Management?

ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.

Oct 4, 2023
Company News

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
Product News

Merging and Innovating: PrimePay and SyncHR Rebrand as PrimePay

PrimePay and SyncHR have announced their rebranding as PrimePay, marking a new chapter for the two companies following their merger. At the core of the rebranding is the unification of the company names to PrimePay, along with a new logo, t

Aug 5, 2023
Venture Capital

ADP Acquires Sora: A Game-Changer in HR Workflow Automation

Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. ,  Aug. 3, 2023  ADP ® , a global technology company providing human capital management (HCM) solutions, tod

Aug 3, 2023
Venture Capital

Smartlinx Announces Strategic Investment from Lone View Capital to Promote Workforce and Human Capital Management Innovation for Healthcare Providers

ISELIN, N.J. & LOS ANGELES---- Smartlinx (“Smartlinx” or the “Company”), a pioneer and leader in workforce management solutions, announced that Lone View Capital (“Lone View”), a growth-oriented private equity firm investing across the tech

Jul 24, 2023
Product News

Workday Once Again Named a Leader in Human Capital Management by Independent Research Firm

Workday Human Capital Management Scores Highest in Strategy Category of HCM Vendor Report PLEASANTON, Calif. ,  May 22, 2023   Workday, Inc . (NASDAQ: WDAY), a leader in enterprise cloud applications for  finance  and  human resources , tod

May 22, 2023
Company News

Beisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing

March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an

Mar 21, 2023
Earnings

TriNet Announces Fourth Quarter and Fiscal Year 2022 Results, 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022

9%  Growth in Professional Service Revenues for the Fourth Quarter of 2022 18%  Growth in Professional Service Revenues to  $754 million  for Fiscal Year   2022 8%  Growth in Total Revenues to  $4.9 billion  for Fiscal Year   2022 11%  Grow

Feb 15, 2023
Earnings

Paycor Announces Second Quarter Fiscal Year 2023 Financial Results,  Total Revenues up 29% Year-over-year to $132.9 Million

Q2  Total revenues of $ 132.9  million,  an increase  of  29%  year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0  million, an increase of  22%  year-over-year, and the fifth consecutive quarter of achieving our long-te

Feb 8, 2023
Venture Capital

New York-Based Private Equity Firm Leeds Equity Partners Acquires TalentNeuron from Gartner, Inc.

NEW YORK ,  Feb. 2, 2023 -- Leeds Equity Partners ("Leeds Equity") announced today that it has acquired TalentNeuron , a leading provider of human capital data and insights subscription solutions to corporations, government organizations an

Feb 2, 2023
Product News

Human Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America

NEW YORK ,  May 25, 2022  /PRNewswire/ -- The  global human capital management solutions market size  is expected to increase by  USD 12.16 billion  between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom

May 27, 2022
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