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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Venture CapitalCulture Amp is acquiring people analytics platform Orgnostic
Culture Amp, the leading employee experience platform, has announced its intention to acquire Orgnostic, a people analytics company based in Belgrade. This acquisition aims to enrich Culture Amp's AI platform with Orgnostic's data engineeri
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 NewsChartHop Introduces Flexible HRIS Built for the Entire Organization Featuring AI Insights
ChartHop introduces its innovative HRIS, integrated within its People Operations Platform, to centralize and streamline workforce management. This system empowers HR and finance teams with adaptable tools for analytics, workflow configurati
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
Product NewsLattice Unveils a Bold Evolution for its People Platform Powered by Artificial Intelligence, Announces AI Engagement Insights Built on OpenAI
Lattice has launched a new initiative, Lattice AI, to enhance its HR software by incorporating artificial intelligence aimed at humanizing the employee experience. This move aims to support employees, managers, and HR teams by providing A
Venture CapitalTuned Secures $3.2M Seed Extension to Scale Hearing Health Benefits for Modern Workforce
Tuned , a digital hearing health innovator, has successfully raised an oversubscribed $3.2 million seed extension, led by Unum Group with participation from Distributed Ventures. This funding boosts Tuned's total capital to $8.2 million, un
Venture CapitalEmpowerly secures $15M for its college counseling services
Empowerly, an edtech startup focusing on college counseling and career guidance, has secured $15 million in funding led by Conductive Ventures, totaling $30 million raised to date. This investment will enhance its AI-driven services and dev
Venture CapitalPodium Education Acquires Untapped, The Early Career Talent Platform For Top Companies, To Close The College-to-Career Gap
Podium Education, a leading experiential education company, has acquired Untapped, a comprehensive early career talent platform, marking a significant expansion in their mission to bridge the gap between academic learning and real-world pro
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
ColumnWorkday:Using AI to Empower an Augmented Workforce
This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr
Product NewsSourceNow announces the launch of SourceNow VMS: The Evolutionary Breakthrough Transforming Temporary Staff Management
SourceNow has launched a groundbreaking Vendor Management System (VMS), SourceNow VMS, designed to revolutionize temporary staff management. This comprehensive ecosystem aims to address the challenges of traditional temporary staffing metho
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
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
ColumnMcLaren Racing Expands Partnership with Workday for the 2024 Formula 1 Season
McLaren Racing has announced the expansion of its partnership with Workday, a leader in enterprise cloud applications for finance and HR, into the 2024 Formula 1 season. Workday, continuing as an Official Partner, will feature its logo on t
Company NewsWorkday Appoints Chikara Furuichi as the New President of Japan
Workday, Inc. announces the strategic appointment of Chikara Furuichi as the new President of Japan, underscoring its dedication to expansion within the Japanese market. With over 25 years of experience in IT, SaaS security, and cloud servi
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 NewsPerceptyx Releases New AI-Powered Insights to Transform the Employee Experience
Perceptyx has unveiled a revolutionary upgrade to its People Insights Platform, integrating advanced AI and analytics to elevate the employee experience (EX). This update introduces an AI Insights Engine, leveraging machine learning to prov
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
Company NewsCarl Eschenbach Takes the Helm as Workday CEO
Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. , Jan. 31, 2024 Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and
Company NewsModern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024
New AI-powered applicant tracking, precise geofencing, advanced insights, time-saving documentation, and payroll integration MIAMI , Jan. 30, 2024 With the New Year underway, many businesses are reevaluating their HR software solutions to
Company NewsFiverr’s Winter Product Release: Packed With New Features to Keep Businesses and Freelancers Ahead of The Game and Introducing Fiverr Agencies
Fiverr's Winter Product Release in 2024 marks a significant step in its evolution, introducing pivotal upgrades influenced by 14 years of community feedback. Key highlights include a Consulting Category for expert guidance, Fiverr Agencies
Venture CapitalQuantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities
Quantum5 , an automotive division of Ander, announced the acquisition of Trivie, a workforce engagement platform employing AI to enhance learning experiences. This move strengthens Quantum5's mission to revolutionize learning in the automot
EarningsServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results
ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3
Product NewsTop 10 HRTech & Future of Work Conferences 2024: Must-Attend HR Events Guide
In the fast-evolving HR landscape, attending conferences is crucial for professionals keen on staying abreast of new trends, networking, and exploring the latest technologies. To assist you in selecting the most impactful events, we've comp
Company News"Workplacely" Launches to Revolutionize HR with AI-driven Insights, Transforming Workplaces into 'Most Loved Workplaces®'
Workplacely , a groundbreaking HR SaaS tool, launches to transform workplace culture by focusing on employee love and engagement. It's an innovative solution for measuring and enhancing employees' emotional connection to their work and comp
Company NewsiMocha introduces an advanced AI-Skills Match Engine to simplify Talent Acquisition
iMocha has unveiled an innovative AI Skills Match Engine, revolutionizing the talent acquisition process. This advanced tool leverages artificial intelligence to streamline recruitment, offering a more efficient and accurate approach to eva
Venture CapitalRemuner, a Barcelona Startup, Secures €2M Funding to Transform Variable Compensation Management with AI
In a remarkable stride for the HR technology sector, Barcelona's emerging AI startup, Remuner , has successfully closed a €2 million Pre-Seed funding round. This significant milestone, led by the Silicon Valley-based fund Pear VC, comes mer
Venture CapitalAya Healthcare's Bold Leap: Acquiring UK's ID Medical to Revolutionize Global Healthcare Staffing
Aya Healthcare , a major player in US healthcare staffing, has marked a significant expansion by acquiring ID Medical, a key healthcare service provider in the UK. This strategic move, led by Aya's President and CEO, Alan Braynin, aims to f
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
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