Search results for “human capital management”
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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paychex, 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
Venture CapitalPaylocity 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
Product NewsPrimePay Introduces New People Analytics to Drive Business Outcomes
PrimePay has launched PrimePay Analytics, a groundbreaking people analytics platform designed to help businesses drive growth, retention, and profitability by leveraging workforce, performance, and financial data. The platform aims to close
Product NewsPaycor 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.
Venture CapitalArya 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
Product NewsADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform
ADP has launched Lyric HCM , a Human Capital Management (HCM) platform leveraging GenAI to enhance personalized employee experiences on a global scale. Lyric offers a comprehensive solution by combining flexibility, intelligence, and human-
Product NewsPaychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick
Product NewsWorkday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health Benefits
Workday has launched Workday Wellness, an AI-powered solution designed to help companies deliver personalized health benefits based on employee preferences. Through a real-time data exchange with wellness partners, companies can easily acce
Company NewsUKG 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
Product NewsOracle 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
Venture CapitalPaylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
Paylocity Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr
Company NewsWorkday 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
Product NewsDayforce Launches AI-Driven Learning Platform to Transform Employee Development
Dayforce , Inc. has launched a new Dayforce Learning experience designed to modernize employee learning and development. This platform integrates AI-driven capabilities and an intuitive user interface within Dayforce's mobile-first HCM plat
Company NewsPaychex Launches Digital Employee Benefits Marketplace
Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e
Venture CapitalAsure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System
Asure (NASDAQ: ASUR), a cloud-based Human Capital Management (HCM) software provider, has acquired HireClick, an AI-powered applicant tracking system (ATS) tailored for small and mid-sized businesses. This acquisition strengthens Asure’s co
Company NewsPaycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation
Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API
Product NewsPaychex 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
Company NewsFirst 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
Company NewsNetchex 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
Company NewsWorkday Transforms How Companies Hire and Manage Talent with New AI-Powered HR Solutions
Workday has announced the integration of HiredScore AI for Recruiting and Talent Mobility into its platform, aiming to boost recruiter productivity and streamline talent management. These AI enhancements will assist organizations in acceler
Company NewsPaycom 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
EarningsADP Reports Fourth Quarter and Fiscal 2024 Results; Provides Fiscal 2025 Outlook
ADP , a global leader in human capital management solutions, reported strong financial results for Q4 and fiscal 2024, with revenues increasing by 7% to $19.2 billion and net earnings rising by 10% to $3.8 billion. The company saw an 11% gr
EarningsDayforce 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
Product NewsOracle Helps HR Teams Boost Employee Productivity and Drive Success
Oracle has introduced new user experience capabilities within Oracle Fusion Cloud Human Capital Management (HCM) , known as Oracle Activity Centers . These centers, designed with Oracle's Redwood user experience, are tailored for employees,
Company NewsAlight'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
Venture CapitalHireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outsta
EarningsPaychex, 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,"
Product NewsPrimePay has unveiled HCM Essentials, an all-in-one HCM platform designed specifically for small businesses
PrimePay has unveiled HCM Essentials, an all-in-one human capital management (HCM) platform designed specifically for small businesses. Combining design, function, and affordability, this platform aims to streamline payroll, time, and HR co
Company NewsPaycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO
Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the
ColumnWorkday'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
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