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Product News

TriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock

Dublin, CA — July 31, 2023 —  TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price

Aug 1, 2023
Venture Capital

GoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million

NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource

Jul 27, 2023
Company News

TriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue

TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.

Jul 26, 2023
Earnings

ADP Releases Fourth Quarter and Fiscal 2023 Results

ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.

Jul 26, 2023
Company News

Aspirion Selects PrimePay to Streamline People Management and Enhance Employee Experience

WEST CHESTER, July 25, 2023 —  PrimePay , the human capital management (HCM) company for growing businesses, announced that Aspirion, a leading technology-enabled healthcare revenue cycle management provider for complex claims and revenue i

Jul 25, 2023
Company News

Factorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges

MIAMI ,  July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows, Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader

Jul 25, 2023
Earnings

Paychex, Inc. Releases 2023 Fiscal Results

ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p

Jul 25, 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
Company News

NexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services

NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023   JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER

Jul 19, 2023
Company News

Workday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning

PLEASANTON, Calif. ,  July 11, 2023   -- Workday, Inc.  (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the

Jul 11, 2023
Venture Capital

Marsh McLennan Agency Acquires Integrity HR, Inc.

Acquisition marks launch of new national HR consulting capability. White Plains, NY, July 6, 2023 – Marsh McLennan Agency , a subsidiary of Marsh, today announced the acquisition of Integrity HR, Inc. , a human resources  consulting firm ba

Jul 6, 2023
Venture Capital

Clair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day

July 6, 2023 –  Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th

Jul 6, 2023
News

Empowering HR with AI: GoCo Announces Breakthrough Capabilities for HRIS Platform

HOUSTON-- GoCo.io , the leading provider of flexible software solutions for HR, benefits, and payroll, today announced the integration of advanced artificial intelligence (AI) capabilities into the platform. With this groundbreaking develop

Jul 5, 2023
Venture Capital

Zinc Secures a £5 Million Series A to Revolutionise Background Checks

In a round led by AVP (AXA Venture Partners) with participation from existing investor Seedcamp. Zinc , a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approac

Jul 5, 2023
Venture Capital

Impellam Says in Talks to be Acquired by HeadFirst Global

Global staffing firm Impellam Group plc is in talks to be acquired by HeadFirst Global . Impellam announced the discussions in a regulatory filing on July 4 with the London Stock Exchange. It noted HeadFirst Global has until Aug. 1 to eithe

Jul 5, 2023
News

HRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition

DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding

Jun 20, 2023
Venture Capital

HRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition

Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) —   HRSoft , the global leader for cloud-based Compensation Lif

Jun 20, 2023
Company News

DHRmap Participates in the 76th SHRM Exhibition, Welcomed by Over 23,000 HR Professionals Worldwide!

[June 18, 2023, Las Vegas] - The world's leading innovative digital HR media service company, DHRmap, has successfully debuted at the 76th SHRM Annual Conference. This is the world's largest HR conference, and DHRmap exhibited alongside lea

Jun 19, 2023
Venture Capital

VERITONE CLOSES ACQUISITION OF BROADBEAN

Accelerates AI Leadership in Global Talent Acquisition and Recruiting Veritone HR Solutions delivers powerful suite of AI-enabled recruitment solutions to enhance operational efficiency, automation and data-driven hiring decisions for emplo

Jun 15, 2023
Company News

Veritone Amplifies Its AI-Driven HR Solutions Suite with Broadbean Acquisition

Veritone, a leader in enterprise AI, has completed the acquisition of Broadbean, a global leader of SaaS technology from CareerBuilder, bolstering its AI-driven HR solutions. Broadbean's job distribution software, extensive network and data

Jun 13, 2023
Company News

TriNet Launching Platform Enhancements to Meet Increased Complexities of Running a Small and Medium-Size Business

LAS VEGAS ,  June 12, 2023 -- Today at the SHRM (Society for Human Resource Management) Annual Conference and Expo 2023, TriNet  (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesse

Jun 12, 2023
Company News

BambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution

BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm

Jun 12, 2023
Venture Capital

GrowthCurve Capital Acquires Netchex to Further Accelerate Growth

Netchex to leverage GrowthCurve’s expertise in data analytics and AI to accelerate growth Covington, LA and New York, NY – June 7, 2023 –   Netchex (“Netchex” or the “Company”), a leading provider of cloud-based human capital management and

Jun 7, 2023
Venture Capital

Veritone To Acquire Broadbean, Signifying Deeper, Global Commitment For Veritone’s AI-Powered Human Resources Solutions

Acquisition expected to be immediately accretive, generating annualized SaaS revenues of over $35 million, of which over $30 million is subscription-based with attractive margins Acquisition of Broadbean will advance current human resource

May 31, 2023
Earnings

Workday Announces Fiscal 2024 First Quarter Financial Results

Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of  $9.79  Billion, Up 22.9% Year Over Year Total Subscripti

May 25, 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
Venture Capital

GREEK JOB BOARD OPERATOR KARIERA ACQUIRES CAREERBUILDER’S INTERNATIONAL BUSINESS

Kariera SA , a job board provider headquartered in Athens, Greece, has acquired the European and Asian businesses of job board operator CareerBuilder as it builds out its international operations. Kariera itself was formerly owned by Career

May 19, 2023
Company News

DeepBrain AI Launches AI Interview

New SaaS service streamlines the hiring process with generative AI PALO ALTO, Calif. ,  May 16, 2023   -- Today,  DeepBrain AI,  a deep-learning based video synthesis startup company and innovator of AI-generated Virtual Humans, announced A

May 16, 2023
Acquisition

Global employee engagement platform, Reward Gateway acquired by worldwide leader in Employee Benefits, Edenred, for £1.15 bn

LONDON ,  May 16, 2023  -- Global employee engagement company,  Reward Gateway  has been acquired by the world's leading platform for people at work,  Edenred for £1.15 bn from funds managed by Abry Partners and Castik Capital. Together Ede

May 16, 2023
Company News

VNDLY Rebranding as Workday VNDLY: A Significant Step Towards Comprehensive Workforce Management

The workforce management landscape has taken a monumental leap forward as Workday, a leading provider of enterprise cloud applications for finance and human resources, announces the rebranding of VNDLY as Workday VNDLY . The integration of

May 10, 2023
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