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Earnings

TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges

TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he

Oct 25, 2024
Venture Capital

OLOID Gains Momentum with $6M Series A1 Funding and Completes Workday Certified Integration, Driving Expansion in Workplace Identity Solutions

OLOID, a pioneer in workplace identity management, has raised $6 million in a Series A1 funding round, led by Yaletown Partners and other strategic investors. This funding will further OLOID’s growth in providing passwordless access and ide

Oct 24, 2024
Earnings

ServiceNow Reports Q3 2024 Financial Results: 23% Subscription Revenue Growth, Total Revenue Reaches $2.797 Billion

ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year‑over‑year growth, 22.5% in constan

Oct 23, 2024
Product News

Nava Benefits Launches AI Assistant to Simplify Employee Benefits Management

Nava Benefits has introduced the Nava Benefits Assistant, powered by OpenAI, to transform how employees interact with their benefits. This AI-driven assistant provides real-time information on deductibles, out-of-pocket expenses, and medica

Oct 21, 2024
Column

Paychex, Inc. Reports Solid First Quarter Results

Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th

Oct 2, 2024
Company News

Endera Unveils Next-Generation Continuous Evaluation Platform for Workforce Risk Management

Endera , a leader in workforce risk management, has launched its next-generation Continuous Evaluation (CE) platform to transform post-hire risk monitoring and mitigation. This innovative platform features advanced identity proofing with bl

Sep 17, 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

Pangeam Secures $4.25 Million Seed Funding to Launch Revolutionary AI-Powered Workplace Analytics Platform

Pangeam has introduced an innovative enterprise B2B SaaS platform designed to enhance workplace environments through advanced social-spatial analytics. Leveraging anonymous AI sensing and deep learning, the platform offers insightful metric

Aug 27, 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

Fama Announces New Instagram Reels as a Source Feature

Fama Technologies has introduced "Instagram Reels as a Source," a new feature in their AI-driven candidate screening platform. This innovation allows employers to analyze publicly available video content from Instagram Reels to detect workp

Aug 21, 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
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
Company News

First Advantage Posts Solid Q2 2024 Results; Anticipates Sterling Acquisition Closure by Q4

First Advantage Corporation reported second quarter 2024 results, showing revenue of $184.5 million and a net income of $1.9 million, which includes $9.2 million in expenses related to the acquisition of Sterling Check Corp. Adjusted net in

Aug 8, 2024
Venture Capital

ZipRecruiter Acquires People-Powered Job Comparison Site Breakroom

ZipRecruiter has acquired Breakroom, a UK-based employer review platform focused on frontline industries. ZipRecruiter plans to launch Breakroom in the U.S., providing job seekers with transparent insights on pay, work conditions, and cultu

Aug 7, 2024
Company News

DHI Group’s Q2 2024: Resilient Performance Amid Market Challenges with $35.8M Revenue

DHI Group , Inc. reported its financial results for the second quarter of 2024, revealing a mixed performance. Total revenue was $35.8 million, a 7% decrease year-over-year, with notable differences in segment performance. ClearanceJobs sho

Aug 7, 2024
Company News

ZipRecruiter Achieves Strong Q2 2024 Results with $123.7M Revenue and Continued Innovation

ZipRecruiter announced its financial results for the quarter ending June 30, 2024, reporting a quarterly revenue of $123.7 million and a net income of $7.0 million, which represents a 6% net income margin. The company also achieved an Adjus

Aug 7, 2024
Company News

meQuilibrium Revolutionizes Employee Mental Well-Being and Productivity with Gen AI

meQuilibrium ( meQ ) has introduced a new AI-powered dashboard designed to support employee performance, engagement, and well-being by providing immediate, personalized interventions. Leveraging billions of unique cognitive and behavioral d

Aug 7, 2024
Company News

Netchex Launches Community: An Employee Recognition & Engagement Platform to Build Team Cohesion

Netchex has launched Community, an innovative employee recognition and engagement platform aimed at boosting morale and fostering connections within organizations. Integrated into the Netchex application, Community offers features like pers

Aug 6, 2024
Venture Capital

Ema Secures $50M in Series A Funding to Revolutionize Workplace Efficiency with AI

Ema , a leading generative AI company, announced the increase of its Series A funding to $50M, bringing its total raised to $61M. The latest $36M addition was led by Accel and Section 32, with participation from several notable investors. E

Aug 1, 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
Earnings

TriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention

TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar

Jul 26, 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
Product News

Zappyhire Launches ZappyVue: Revolutionizing US Talent Acquisition with Automated Video Interviewing

Zappyhire , a leading provider of AI-powered recruitment automation software, has launched ZappyVue in the US. This innovative automated video interviewing platform aims to revolutionize talent acquisition by enhancing the efficiency of scr

Jul 2, 2024
Earnings

Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results

Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1)  Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"

Jun 26, 2024
Product News

Workday Announces Built on Workday to Help Partners Build, Manage, and Distribute Finance and HCM Apps to Workday Customers

Workday, Inc. has announced "Built on Workday," a new program designed to enable partners to build, manage, and market apps for the Workday platform. Unveiled at the Workday DevCon 2024, this initiative allows partners to create tailored so

Jun 5, 2024
Product News

Kumanu Launches AI Coach to Elevate Whole Person Wellbeing

Kumanu has launched the latest version of its platform, Purposeful, featuring AI Coach, which uses evidence-based principles to enhance digital health coaching. AI Coach aims to boost intrinsic motivation and sustained behavior change while

May 30, 2024
Column

Workday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth

Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription

May 23, 2024
Company News

Josh Bersin Company Launches AI Assistant Galileo™ to Transform HR Management

At Irresistible 2024, The Josh Bersin Company announced the general availability of Galileo™, an AI assistant designed to support HR professionals. Galileo is already in use by over 10,000 HR professionals across more than 60 Global 2000 or

May 20, 2024
Company News

Jet BI Digitally Cloned all its Employees Using AI

Jet BI, in collaboration with AI startup Eternity.AC, has digitally cloned its entire team of 60 employees to create AI-twins that users control completely. These digital doubles serve both professional and personal roles, fully managed by

May 20, 2024
Company News

Visier's First Quarter of 2024 Marks Unprecedented Scale in Generative AI Production Use and Transformational Investment in Analytic Platform Capabilities

Visier , a leader in people analytics, announced key achievements for Q1 2024. Highlights include the launch of "Vee," a generative AI assistant, and the "Open for Builders" initiative. Visier's AI technology now serves 2.1 million Paycor e

May 14, 2024
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