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Product News

Reejig Releases Workforce Reinvention Blueprint, Proprietary Data Guiding Leaders to Bold and Responsible AI Implementation

Reejig , a global leader in workforce intelligence, has unveiled its Workforce Reinvention Blueprint , a first-of-its-kind analysis providing actionable insights into how AI can reshape industries. Drawing on over 130 million job records an

Dec 10, 2024
Product News

Talroo Launches Apply Intelligence™: Redefining AI-Powered Recruitment

Talroo has unveiled Apply Intelligence™, a groundbreaking suite of free AI-based features aimed at transforming the hiring process for employers and enhancing the job search journey for candidates. Leveraging advanced AI tools like SmartMat

Dec 9, 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
Earnings

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

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

Oct 30, 2024
Product News

LinkedIn’s first AI agent, Hiring Assistant

LinkedIn has entered the AI agent market with its new Hiring Assistant , aiming to streamline up to 80% of the pre-offer recruitment workflow. The tool integrates directly into LinkedIn's platform, enhancing recruiter productivity and candi

Oct 29, 2024
Company News

Workday Named a Leader in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Ninth Consecutive Year

Workday has been recognized as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, noted for its ability to execute and innovate. Workday’s AI-powered Illuminate platform enhances workforce management

Oct 28, 2024
Product News

empinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees

empinfo, a leader in employment verification solutions, has introduced a new automated employment letter generation feature aimed at global HR operations. This industry-first solution, integrated into empinfo's platform, allows employers to

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
Venture Capital

TalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform

TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w

Oct 24, 2024
Product News

Everee Launches Flex Suite to Simplify Payroll for Staffing, Gig Apps, and Other Flexible Workforces

Everee has launched Flex Suite, a comprehensive payroll solution tailored for staffing and gig economy businesses. Designed for complex workforce arrangements, Flex Suite simplifies payroll processes, automates compliance, and provides cust

Oct 23, 2024
Venture Capital

Tide Expands SME Services with Acquisition of Onfolk Payroll Solution

Tide , a UK-based business financial platform, has acquired Onfolk , an HMRC-recognized payroll solution for SMEs, announced on October 18, 2024. Onfolk specializes in integrating accounting, pensions, and people systems, making payroll man

Oct 22, 2024
Product News

Introducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support

BambooHR , the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. An

Oct 17, 2024
Company News

hireEZ Named Accelerator in 2024 Talent Acquisition Technology by Nucleus Research

hireEZ , a leading talent acquisition platform, has been recognized in Nucleus Research's 2024 Standalone Talent Acquisition Technology Value Matrix as an Accelerator provider. The platform’s strengths lie in its advanced sourcing, CRM, ana

Oct 16, 2024
Product News

Paylocity Unveils AI Assistant to Transform HR Efficiency

Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu

Oct 16, 2024
Venture Capital

Zeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce

Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat

Oct 10, 2024
Product News

Rival Announces Rival Workflow: A Scalable Solution for Automation Across the Employee Experience

Rival has launched Rival Workflow, the latest iteration of its renowned Redcarpet technology, designed to streamline the employee experience across the entire HR lifecycle, from onboarding to offboarding. The platform offers customizable wo

Oct 3, 2024
Venture Capital

Paylocity Announces Completion of Acquisition of Airbase Inc.

Paylocity has successfully completed the acquisition of Airbase Inc., a spend management platform. This acquisition allows Paylocity to integrate Airbase’s finance tools, including bill pay, expense management, and procurement, into its clo

Oct 1, 2024
Product News

Paycor Launches Cutting-Edge Time-Off Management Tools to Boost Productivity

Paycor HCM, Inc. has announced innovative time-off management features that streamline operations and improve employee well-being. These new tools enhance real-time visibility, automate approval processes, and help leaders prevent burnout.

Sep 24, 2024
Venture Capital

Arya Health Secures $4M to Lead AI-Powered Workforce Automation in Healthcare

Arya Health , a healthcare workforce automation platform, announced the closing of a $4 million seed funding round led by Twelve Below. This funding will help Arya Health expand its AI-driven workforce management tools, which include automa

Sep 24, 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
Venture Capital

Workday Signs Definitive Agreement to Acquire Evisort

Workday , a leading enterprise platform for managing human resources and financial data, has announced the acquisition of Evisort , an AI-native document intelligence platform. This acquisition aims to enhance Workday's capabilities in surf

Sep 17, 2024
Venture Capital

11xAI Raises $24 Million Series A Led by Benchmark to Revolutionize Digital Workforce with AI Agents

11xAI has raised $24 million in Series A funding led by Benchmark to accelerate the development of AI-powered digital workers and expand globally. Addressing the fragmented Go-to-Market (GTM) tools landscape, 11xAI offers AI agents like Ali

Sep 16, 2024
Venture Capital

TeamBridge Secures $28 Million in Series B Funding to Revolutionize HR Software for Hourly Workers

TeamBridge , an HR tech startup founded by former Uber executives, has secured $28 million in Series B funding, led by Mayfield with participation from General Catalyst and Abstract Ventures, raising its total funding to $41.5 million. This

Sep 16, 2024
Venture Capital

Every Secures $22.5 Million Series A to Redefine HR Tech for Early-Stage Startups

Every.io has raised $22.5M in a Series A round led by Redpoint Ventures, with participation from Y Combinator, Okta Ventures, and Base10 Partners. The company's mission is to help tech founders focus on growth by simplifying and automating

Sep 13, 2024
Product News

Oracle Unveils 50+ AI Agents to Transform Work Across Finance, HR, and More

Oracle has announced the launch of over 50 specialized AI agents embedded within Oracle Fusion Cloud Applications, aimed at redefining business operations across various functions such as finance, HR, supply chain, sales, marketing, and cus

Sep 11, 2024
Company News

SmartRecruiters Appoints Rebecca Carr as Chief Executive Officer

Rebecca Carr has been appointed the new CEO of SmartRecruiters , bringing extensive experience from her decade-long tenure within the company, most recently as Chief Product Officer. She aims to propel the enterprise's talent acquisition te

Aug 27, 2024
Product News

Paychex Announces Employee Engagement Solution

Paychex, Inc. , has launched Paychex Flex® Engage, a comprehensive employee engagement platform designed to enhance collaboration and performance management across diverse workforces. This solution integrates features such as employee engag

Aug 13, 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
Company News

Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position

Paycom   Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil

Jul 31, 2024
Company News

Salesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent

Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H

Jul 24, 2024
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