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Company News

beqom Appoints Lars Pedersen as CEO

beqom, a global leader in compensation management, embarks on an exciting new chapter as Lars Pedersen assumes the role of CEO, succeeding co-founder Fabio Ronga. With a strong foundation established under Ronga's leadership, including sign

Jan 13, 2025
Product News

TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses

TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the

Jan 8, 2025
Venture Capital

OnPay Secures $100M+ in Funding to Transform SMB Payroll and HR Solutions

OnPay , a leading provider of payroll, HR, and benefits solutions for small and mid-sized businesses (SMBs), has raised over $100 million in funding. This includes a $63 million Series B round led by Carrick Capital Partners and a debt faci

Jan 7, 2025
Venture Capital

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025
Company News

Paychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions

Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi

Dec 19, 2024
Venture Capital

AI Leader Grammarly to Acquire Coda, Bring on New CEO

Grammarly , a leader in AI communication tools, announced its acquisition of productivity platform Coda . This move aligns with Grammarly’s vision to evolve into a comprehensive AI productivity platform, integrating Coda's flexible tools an

Dec 17, 2024
Company News

UKG Hires Sarah Hodges as Chief Marketing Officer

UKG , a leader in HR, payroll, and workforce management solutions, has appointed Sarah Hodges as Chief Marketing Officer (CMO), effective January 6, 2025. With over 20 years of marketing expertise from Autodesk and Procore Technologies, Hod

Dec 16, 2024
Product News

Zoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States

Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust fi

Dec 12, 2024
Venture Capital

AI-Powered Recruitment Platform Pin Launches Out of Stealth With $3 Million to Cut Hiring Time by 70%

Pin , an innovative AI-powered recruitment platform, emerges from stealth mode with a $3 million seed funding led by Expa Ventures. By automating the most time-consuming hiring tasks, Pin reduces time-to-hire by 70%, offering businesses a f

Dec 12, 2024
Venture Capital

Aya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash

Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an

Dec 4, 2024
Venture Capital

CoachHub Secures €40M in Growth Financing from HSBC Innovation Banking UK to Fuel AI Innovation and Product Expansion

CoachHub , a global leader in digital coaching, has secured €40 million in growth financing from HSBC Innovation Banking UK. This funding will drive advancements in artificial intelligence (AI) and product expansion, enabling CoachHub to en

Dec 3, 2024
Column

Workday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation

Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca

Nov 26, 2024
Venture Capital

Germany’s zvoove Acquires Netherlands-Based Online Results, Driving Global Innovation in Recruitment Marketing

Germany-based zvoove has acquired Netherlands-based recruitment marketing firm Online Results , integrating their innovative Falcon SaaS platform into zvoove's ecosystem. This move strengthens zvoove's end-to-end solutions for temporary sta

Nov 25, 2024
Venture Capital

ProProfs Acquires HR & Performance Goals Management Software PeopleGoal

ProProfs has acquired   PeopleGoal , a performance management platform known for enhancing employee engagement and productivity. This strategic acquisition broadens ProProfs’ HR solutions suite, integrating tools for goal setting, performan

Nov 25, 2024
Product News

Paychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities

Paychex has launched HR Analytics Premium Plus, an advanced solution integrating generative AI insights to empower SMBs with enterprise-level workforce analytics. This enhanced offering within the Paychex Flex platform combines benchmarking

Nov 21, 2024
Venture Capital

Ciphr Acquires Avantus to Revolutionize UK Employee Benefits and Enhance HR Solutions

Ciphr Group, a leading HR software provider in the UK, has acquired Avantus , an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable pla

Nov 20, 2024
Company News

People Analytics Teams Still Struggle to Deliver Business Impact, Warns The Josh Bersin Company

A new study by The Josh Bersin Company highlights the challenges facing People Analytics teams worldwide. Despite increasing investments, only 10% of teams deliver high-level business impact. To avoid marginalization, experts urge a shift t

Nov 19, 2024
Product News

Alight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams

Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w

Nov 18, 2024
Venture Capital

Recruiter.com Acquires bountyJobs to expand total talent solutions

Recruiter.com has acquired BountyJobs , a recruitment marketplace known for connecting employers with third-party recruiters, to strengthen its position as a comprehensive total talent solutions provider. This strategic acquisition enhances

Nov 15, 2024
Venture Capital

11x Raises a $50 Million Series B Led by Andreessen Horowitz to Accelerate the Era of Digital Workers

11x , a pioneering AI company specializing in autonomous digital workers for revenue teams, recently secured $50 million in Series B funding led by Andreessen Horowitz. This investment supports 11x’s mission to redefine sales and Go-to-Mark

Nov 12, 2024
Venture Capital

Oyster’s Specialized Global Employment Platform Attracts New Funding From ServiceNow Ventures

Oyster, a leading global employment platform, recently secured new funding from ServiceNow Ventures, enhancing its ability to support cross-border hiring and simplify complex global employment needs. This latest investment, part of Oyster’s

Nov 11, 2024
Earnings

HireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%

HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the

Nov 8, 2024
Company News

Docebo Posts $55.4M Revenue in Q3 2024, Driven by 21% Growth in Subscription Revenue

Docebo reported strong third-quarter 2024 results, showcasing a 19% year-over-year revenue increase, primarily driven by subscription growth which constituted 95% of its total revenue. The company recorded a net income of $5 million and adj

Nov 8, 2024
Company News

ZipRecruiter Resilient Amid Hiring Slowdown with $117.1M Q3 Revenue and Share Repurchase Boost

ZipRecruiter has released its third-quarter 2024 financial results, reporting $117.1 million in revenue but a net loss of $2.6 million. Despite hiring challenges, CEO Ian Siegel reaffirms the company's confidence in the U.S. labor market an

Nov 6, 2024
Product News

Paycor Launches New AI-Powered Assistant to Boost Productivity

Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’

Nov 5, 2024
Company News

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Workday and Compa have announced a new partnership aimed at transforming how organizations approach compensation by integrating Compa's real-time market intelligence data into Workday’s platform. This collaboration will empower HR teams to

Nov 4, 2024
Product News

O.C. Tanner Unveils AI-Enabled Insight Tools to Improve Employee Experience

O.C. Tanner’s Culture Intelligence suite introduces AI-driven tools to its Culture Cloud platform, aimed at enhancing employee experience through inclusivity and meaningful recognition. This suite, built on years of workplace culture resear

Nov 1, 2024
Venture Capital

ARCOS Acquires Clearion, Expanding its Workforce Management Solutions Portfolio

COLUMBUS, Ohio  – ARCOS® LLC, a leading provider of workforce management solutions for utilities and other critical infrastructure industries, announced today the acquisition of  Clearion , a provider of SaaS and mobile software for vegetat

Oct 31, 2024
Venture Capital

EQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation

EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and

Oct 31, 2024
Earnings

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share

Oct 30, 2024
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