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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results
Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 20
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 NewsNetchex Unveils 'Insights' -- Transforming HCM Data Effortlessly into Actionable Stories for HR & Finance Teams
Netchex has launched 'Insights,' a data platform designed to simplify data analysis for HR and Finance professionals. This tool enables users to transform raw data into actionable insights without requiring technical expertise. 'Insights' f
Product NewsAya Healthcare Introduces LotusOne, a Complete Technology Platform to Manage External Labor and Optimize Employed Talent
Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., has launched LotusOne, a comprehensive workforce optimization platform designed to enhance the management of external labor and the planning, sourcing
EarningsRobert Half Reports $68M Net Income in Q2 2024 Amid Macroeconomic Pressures
Robert Half Inc. reported its second-quarter financial results for 2024, revealing a net income of $68 million, or $0.66 per share, on revenues of $1.473 billion. This reflects a decrease from the same period in 2023, which saw a net income
Venture CapitalPassionfruit Closes $9m Series A Funding to Scale its Platform for Independent Work
Passionfruit , a London-based start-up founded in 2022, has secured $9 million in Series-A funding from prominent investors, including Seaya, Firstminute, and Playfair Capital. The platform connects freelance workers with companies such as
Venture CapitalNetherlands-Based In2Dialog Raises Second Round of Angel Funding to Revolutionize Recruitment with AI
In2Dialog , a Dutch startup revolutionizing recruitment through AI-driven technology, has secured a second round of angel investment. The platform streamlines the interview process by eliminating the need for post-interview reports and inte
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 NewsLattice Adds Payroll, Powering Strategic Pay Cycles for High-Growth Companies
Lattice, a leading people platform, has announced the launch of Lattice Payroll, an end-to-end payroll solution integrated into its HRIS and Talent Suite. This solution aims to help mid-sized and growing companies streamline payroll process
Product NewsHireClix Announces Social Media Management Services for Employer Branding
HireClix , a leading recruitment marketing services company, has launched its new Social Media Management Services to enhance employer branding and candidate engagement across digital channels. These services aim to help organizations attra
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
Venture CapitalRising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams
Rising Team, based in Menlo Park, California, has successfully secured $8 million in Series A funding led by Zeal Capital Partners. This investment will support the expansion of its team performance platform, focusing on AI enhancements, hi
Product News15Five Unveils Latest Platform Evolution, Giving HR Leaders a Strategic Command Center for Performance Management
15Five has unveiled a major evolution of its performance management platform, designed to enhance HR teams' ability to analyze and act on employee performance, engagement, and retention data. The new features include advanced demographic an
Product NewsSage Intacct unveils new updates to advance productivity and control for SMBs
New features streamline operations, from AI-powered timesheets to advanced financial controls, ensuring smoother workflows and compliance TORONTO, May 29, 2024- Sage , the leader in accounting, financial, HR, and payroll technology for smal
Product NewsCulture Amp’s Generative AI roadmap: Looking ahead
In an evolving workforce landscape, Culture Amp leverages generative AI through a partnership with Google Cloud's Vertex AI to enhance HR capabilities. By introducing AI-powered Comment Summaries, HR leaders can quickly understand employee
ColumnWorkday VNDLY Named a Leader in Everest Group's Vendor Management Systems (VMS) PEAK Matrix® Assessment 2024
Workday, Inc. announced that Workday VNDLY has been recognized as a Leader and Star Performer in Everest Group's Vendor Management Systems (VMS) PEAK Matrix® Assessment 2024. This marks the fourth consecutive year Workday VNDLY has been nam
ColumnFast-Growing 250-Employee Business Decreases Payroll Processes up to 75% with UKG Ready
UKG, a leader in HR and payroll solutions, has enabled Purple Wave Auction to streamline operations and enhance employee experience using the UKG Ready suite. The rapidly growing online equipment auction marketplace, with 250 employees, has
Product NewsHarri Announces Product Innovation Designed to Propel the Frontline Employee Experience and Restaurant Profitability
Harri , a leading Frontline Employee Experience platform, has announced its latest product release, featuring 70 new features and updates designed to enhance the efficiency and engagement of hospitality organizations. The Summer 2024 Releas
EarningsFirst Advantage Reports First Quarter 2024 Results
First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjust
Product NewsRippling Launches Performance Management
SAN FRANCISCO, May 08, 2024 -- Rippling , the leading unified workforce management platform, today launched Performance Management . With Performance Management, Rippling customers can run global performance review cycles with 360º feedba
Company NewsUKG to Transform Payroll Reporting with Generative AI
UKG announced at the 42nd annual Payroll Congress Convention and Expo the enhancement of payroll reporting with generative AI, termed GenAI, in its UKG Pro suite. This development introduces conversational AI capabilities, allowing payroll
EarningsHireRight Reports First Quarter 2024 Results
HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill
EarningsHeidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth
Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of
EarningsPaylocity Announces Third Quarter Fiscal Year 2024 Financial Results
Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A
Company NewsAnnouncing 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
EarningsInsperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
Company NewsReclaim.ai Launches Smart Meetings, First-Ever AI Tool to Automate Meeting Scheduling Across Teams
Reclaim.ai has unveiled "Smart Meetings," an innovative solution designed to streamline the scheduling of meetings by leveraging AI and machine learning. This release targets the reduction of time spent on managing calendars, which, as Recl
Product NewsWorkhuman Revolutionizes Workplace Insights, Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data
Workhuman® has introduced a revolutionary feature to its Workhuman iQ platform – a generative AI assistant. This tool leverages AI to provide HR and business leaders with dynamic, real-time organizational insights derived from unique, propr
Venture Capitalbswift LLC acquires Davis & Company, expanding its Communication Agency suite of solutions
bswift , a leader in employee benefits technology and administration, has announced the acquisition of Davis & Company, an innovator in internal communication. This acquisition is aimed at enhancing bswift's services in change management, m
Product NewsTrusaic Introduces New Global Pay Data Reporting Suite
Trusaic introduces a comprehensive suite of Global Pay Data Reporting solutions designed to assist organizations in navigating the intricate landscape of global pay data reporting requirements. With the advent of stringent regulations aimed
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