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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Industry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams
Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product
Venture CapitalRemote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent
Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin
Product NewsOracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities
Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus
Company NewsWorkday Adaptive Planning and Consolidation Delivers Efficiency, Agility, and Ease of Use to Finance Organizations
Workday introduces "Workday Adaptive Planning and Consolidation," a new Enterprise Performance Management (EPM) solution enhancing finance organization efficiency. This innovative product integrates Workday Adaptive Planning's agile plannin
Product NewsOracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite
Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca
Product NewsBullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry
Bullhorn , a global leader in staffing and recruitment software, announced the launch of Bullhorn Copilot, a comprehensive AI solution designed to enhance recruitment processes. Copilot integrates generative, source and match, and directive
Product NewsVerve Motion Unveils Integrated Software and Data Analytics Platform to Elevate Industrial Worker Safety and Operations with its Wearable Robotics Exosuit
Verve Motion has launched a revolutionary software and data analytics platform, Verve Logic, which integrates with their SafeLift exosuit to improve industrial worker safety and operational efficiency. The platform analyzes data from sensor
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Product NewsJournyx and Greenshades Integrate Products to Provide Complete Time and Attendance for Payroll Solution
Journyx, a leader in enterprise-level project time tracking software, and Greenshades, a premier provider of in-house payroll, HR, and tax solutions, have announced an integration to offer a comprehensive time and attendance solution for pa
Venture CapitalArcher Acquires Compliance.ai to Drive AI-Powered Regulatory Compliance and Risk Management
Archer , a leader in integrated risk management solutions, announced the acquisition of Compliance.ai , which specializes in AI-driven regulatory change management. This strategic move will enhance Archer's offerings, allowing clients to ut
Product NewsBoost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights
BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe
Company NewsPaylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance
Q 2 2024 Recurring & Other Revenue of $298.4 million , up 16% year-over-year Q 2 2024 Total Revenue of $326.4 million , up 20% year-over-year SCHAUMBURG, Ill, Feb. 08, 2024 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Product NewsSmartRecruiters Unveils Next-Gen SmartRecruiters Marketplace
SmartRecruiters announces the launch of its updated Marketplace, a cutting-edge hub designed to empower companies in creating their ideal recruitment ecosystem. With over 600 technology and 60 service partners, it stands as the most compreh
Product NewshireEZ Launches CRM Platform to Empower TA Leaders and Recruiters
hireEZ has announced the launch of hireEZ 2 , marking a significant evolution from its original AI candidate sourcing solution to a comprehensive Candidate Relationship Management (CRM) platform. Designed by recruiters for recruiters, hireE
Company NewsBambooHR® Expands All-In-One HRIS With New Employee Community and Total Rewards
BambooHR®, a leader in cloud-based human resource solutions, has unveiled two innovative tools: Employee Community and Total Rewards. These offerings aim to revolutionize internal communication and compensation understanding within organiza
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
EarningsRobert Half Reports Fourth-Quarter Financials: $1.473 Billion in Revenue
Robert Half Inc. reported its fourth-quarter financial results, highlighting significant outcomes and future prospects. The report shows a net income of $87 million, or $0.83 per share, on revenues of $1.473 billion for the quarter ending D
Company NewsGlobal Compliance Technology Leader, Mitratech, Elevates Market Position with Dual Acquisitions of Syntrio and Mineral
Mitratech, a leader in global compliance technology, has expanded its suite by acquiring Syntrio and Mineral, enhancing its offerings with ethics hotlines, predictive HR services, and over 1,000 eLearning courses. This move creates a compre
Product NewsPaychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana
Product NewsAon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c
Venture CapitalTuMeke Secures $10M in Series A from Intel Capital: Revolutionizing Ergonomic Safety in Manufacturing
TuMeke , an innovative company combining AI and ergonomics for workplace safety, recently secured $10M in Series A funding led by Intel Capital. The funds will support the expansion of TuMeke's expert team, dedicated to revolutionizing inju
Company Newsbswift Launches Next-Generation Mobile App for Effortless Benefits Management
bswift , a leader in benefits administration technology, has unveiled its latest innovation: a next-generation mobile app designed to revolutionize benefits management. Catering to a diverse, multi-generational workforce, the app offers sea
Company NewsMajority of Hourly Workers Unconcerned About AI Replacing Their Jobs
The 5th Annual Branch Report reveals insights into the perspectives of hourly workers regarding AI's impact on job security. Contrary to popular belief, a significant number of these workers are not worried about AI replacing their jobs. Th
Venture CapitalBeqom Acquires PayAnalytics: Pioneering the Future of Pay Equity and Total Compensation
Beqom, a leader in compensation and performance management, acquires PayAnalytics, a pioneer in pay and workplace equity software. This strategic move responds to the increasing demand for pay equity and transparency, combining advanced pay
TopicsThe Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps
A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK , Dec. 7, 2023 /PRNewswire/ -- As a growing number of older work
Company NewsCheck Launches New Tools to Help Organizations Build and Scale Payroll Businesses
Check, a pioneer in embedded payroll, has launched innovative tools to assist organizations in establishing and expanding their payroll businesses. These tools include Credit & Fraud Protection, Embedded Setup, and Embedded Support. These s
EarningsSterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy
NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
Company NewsADP Launches First All-in-One HCM Solution for the Construction Industry
ADP has launched Workforce Now for Construction, a groundbreaking all-in-one Human Capital Management (HCM) solution tailored for the construction industry. This comprehensive platform addresses the unique challenges faced by construction f
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