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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth
TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the
Product NewsQualtrics Rolls Out Game-Changing AI Features for Enhanced Employee Engagement
Qualtrics has unveiled new AI-driven tools for its XM for Employee Experience platform, aimed at enhancing employee engagement and productivity by refining feedback analysis and actionable insights. The tools include Qualtrics Assist for Em
Product NewsLinkedIn’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
Company NewsWorkday 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
Product NewsSAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM
The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and
Company News28 Higher Education Institutions Go Live with Workday Student in 2024
Workday Student, a next-generation AI-powered platform, is revolutionizing higher education institutions by integrating academic, financial, and HR operations. With the support of Workday Illuminate, this platform enables 28 institutions li
EarningsServiceNow 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
Product NewsIntroducing 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
Product NewsUnily Introduces First-Ever Bring-Your-Own AI Assistant Platform
Unily has launched the Insight Center, a pioneering solution for integrating and managing digital assistants through its Bring-Your-Own-Assistant (BYOA) capability, offering enterprises flexibility and governance in AI adoption. In addition
Product NewsReal-Time Talent Planning: Gloat Launches AI-Driven Skills Planner and Studio
Gloat , an AI-driven workforce agility leader, has introduced two new products—Skills Planner and Studio—designed to empower HR leaders with proactive, data-driven decision-making capabilities. These solutions help organizations align talen
Product NewsRival 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
Product NewsServiceNow Releases New HR Innovations, Empowering Leaders to Fuel Employee and Business Growth
ServiceNow announced its latest HR innovations at the HR Technology Conference, aimed at enhancing employee communications and engagement. The new capabilities include improvements in Talent Development and Employee Journey Management, givi
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.
Company NewsUKG 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
Product NewsCentrical Launches Team Performance Central & AI Assistant, Saving Team Leaders More Than 4 Hours Per Week While Elevating Frontline Performance
Solution provides a unified view of team performance, and a breakthrough AI-powered manager assist tool Summary: Centrical Launches New Team Performance Central and AI Assistant : Introducing a groundbreaking solution to provide frontline t
Company NewsWorkday Ventures Fuels Innovation with Strategic AI Investments in 10 Cutting-Edge Companies
Workday Ventures continues to fuel innovation with strategic investments in AI-focused companies, helping organizations enhance productivity and simplify business processes. The latest investments include firms like Censia, Glean, and Nayya
Product NewsSpring Health Introduces First Manager Solution to Provide Leaders with Personalized Mental Health Support
Spring Health has launched a groundbreaking manager experience solution within its platform, aimed at supporting workplace leaders by providing essential resources for mental health and leadership development. This comprehensive offering in
Company NewsWelcome to the New Workday: A Reimagined User Experience Powered by AI
Workday has announced a reimagined user experience powered by AI, featuring the new Workday Assistant designed to streamline HR and finance tasks for employees. By integrating AI capabilities such as natural language processing, Workday Ass
Product NewsWorkday Launches Illuminate: The Next Generation of Workday AI
Workday Inc. has launched Illuminate, the next generation of its AI platform, designed to transform enterprise operations by leveraging the world's largest HR and finance dataset. Illuminate enhances decision-making, accelerates routine tas
Venture Capital11xAI 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
Company NewsSurePeople Launches Proprietary, AI-Powered Coaching and Team Collaboration Tools, Names Accomplished HR Tech SaaS Executive as CEO
SurePeople , a leader in people intelligence software, has launched a new AI-powered mobile application featuring SureTools, designed to enhance team collaboration and coaching. The app utilizes Prism®, a psychometric tool measuring 54 trai
Venture CapitalTeamBridge 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
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
NewsUKG Eases Burden on Small HR Team in Managing Complex Payroll, Compliance, and People Practices
UKG Ready® is transforming workforce management at the Associated Students of California State University, Chico, a student-led auxiliary that operates university services like cafeterias and childcare centers. By leveraging the all-in-one
Company NewsWorkday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes
Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this
Venture Capitalfinally raises $200M Series B with $50M equity and $150M credit facility
finally , an AI-driven, all-in-one finance and HR suite for small and medium businesses (SMBs), has raised $200 million in Series B funding, consisting of $50 million in equity from PeakSpan Capital and a $150 million credit facility from E
Venture CapitalL2L Acquires SwipeGuide: The Future of the Connected Workforce Is Here
L2L , a leader in connected workforce solutions, has acquired SwipeGuide, a pioneer in mobile-first training and visual job aids for manufacturing employees. This strategic move integrates SwipeGuide's innovative training solutions into L2L
Product NewsPapaya 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
Venture CapitalPangeam 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
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