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Company News

Paylocity 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

Feb 8, 2024
Company News

Record-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%

Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu

Feb 7, 2024
Product News

hireEZ 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

Feb 2, 2024
Company News

BambooHR® 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

Feb 1, 2024
Company News

Former U.S. Bureau of Labor Statistics Commissioner Dr. William Beach Joins UKG Workforce Institute Advisory Board

LOWELL, Mass. & WESTON, Fla.The  UKG   Workforce Institute   —   a think tank known for its  global research  and  actionable insights  on what’s impacting HR, organizations, and their people — is pleased to welcome Dr. William Beach, labor

Jan 31, 2024
Earnings

ServiceNow 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

Jan 25, 2024
Company News

Workleap: Pioneering AI in Talent Management for a Revolutionary Employee Experience

Workleap, a leader in employee experience software, has integrated advanced AI capabilities across its product suite, including Officevibe, Onboarding, and Skills. This strategic move addresses the increasing demand for innovation in talent

Jan 16, 2024
Company News

Global 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

Jan 10, 2024
Product News

PerformYard Secures $95M for Revolutionary Staff Performance Tools

PerformYard, a staff performance management platform, recently raised $95 million in funding led by Updata Partners. Founded by Ben Hastings and Jon Malpass, PerformYard provides tools for employee reviews, goal setting, and feedback, integ

Jan 9, 2024
Venture Capital

nCoreHR's EUR2M Boost: Pioneering Recruitment Tech on a Global Scale

nCoreHR , a Milan-based company specializing in HR technology, provides a cloud-based platform for automating recruitment processes. Their software focuses on reducing non-core operations for HR professionals, improving efficiency in handli

Dec 15, 2023
Product News

Oyster Unveils SAGE: The Future of Global Employment Automation

Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes globa

Dec 14, 2023
Product News

Yellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace

The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif. ,  Dec. 12, 2023   Yellow.ai , a global lea

Dec 12, 2023
Product News

Recruitment Trends 2024: Maximizing Opportunities for Recruiters and Sourcers

This article delves into the key recruitment trends anticipated for 2024, emphasizing the growing significance of technology and data-driven approaches in the field. It underlines the increasing reliance on AI and automation for streamlinin

Dec 7, 2023
Product News

Paylocity acquires Trace, an innovative solution for headcount planning

On December 1, 2023, Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, announced its acquisition of TraceHQ.com, Inc., a company offering an innovative solution for headcount planning. This acqui

Dec 1, 2023
Venture Capital

Goldman Sachs Leads $45M Investment in Candex for Asian Market Expansion

Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma

Nov 28, 2023
HotNews

AI Jobs Soar, Traditional Roles Hold Strong: Insights from Wahojobs' Year-Long Study

A year after ChatGPT's launch, a Wahojobs study explores changes in job seeker behavior towards traditional remote roles amidst fears of AI-induced job losses and the need for upskilling. The study, using Google Trends, analyzes changes in

Nov 28, 2023
Venture Capital

Vimcal Secures $4.5 Million for Cutting-Edge Calendar Expansion: A New Era in Scheduling

Vimcal, a Y Combinator-backed calendar app, recently raised $4.5 million in a seed round led by Altos Ventures, focusing on expanding its team and enterprise offerings. Founded by CEO John Li, Vimcal has enhanced its iOS app and Outlook int

Nov 28, 2023
Venture Capital

Inclusively's Game-Changing $13M Series A Funding for Workplace Revolution

In a groundbreaking move, Inclusively has raised $13 million in Series A funding to enhance its revolutionary workplace personalization tool, Retain. Designed to address the diverse and evolving needs of modern employees, Retain integrates

Nov 17, 2023
Company News

3 Ways Workforce Management Software Reduces Labor Costs

The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem

Nov 14, 2023
Product News

SilkRoad Evolves to Rival: A New Era in AI-Driven Talent Acquisition

SilkRoad Technology has rebranded to Rival, launching Rival Recruit, an AI-powered talent acquisition suite with over 700M passive candidates. This suite enables efficient collaboration for hiring teams, offering features like analytics, AI

Nov 7, 2023
Product News

Salary.com Acquires CompXL, The Enterprise Compensation Planning Leader

Salary.com, a leading provider of compensation management software and data solutions, has expanded its offerings by acquiring HCR Software. This move integrates CompXL's incentive compensation planning software into Salary.com's existing s

Nov 7, 2023
Earnings

Paylocity 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

Nov 3, 2023
Venture Capital

Empowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring

Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini

Nov 3, 2023
Venture Capital

San Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness

San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service

Nov 2, 2023
Venture Capital

1up Secures $2.5 Million to Revolutionize Knowledge Automation in Sales

1up has successfully raised $2.5 million in funding from investors like 8-Bit Capital and RRE Ventures to advance its Knowledge Automation Platform. The platform is designed to automate knowledge for sales teams, enabling them to answer com

Nov 1, 2023
Product News

Radancy Acquires Brazen, Adding Award-Winning Hiring Event Capabilities to the End-to-End Radancy Talent Acquisition Cloud

Radancy, a global leader in talent acquisition software, has acquired Brazen to enhance its Talent Acquisition Cloud with award-winning hiring event technology. This acquisition aims to provide a seamless candidate experience across all rec

Oct 24, 2023
Company News

Kelly Launches Recruitment Platform for AI and Automation Talent

Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re

Oct 9, 2023
Company News

TrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications

Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour

Sep 18, 2023
Venture Capital

Sailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI

Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai

Sep 14, 2023
Company News

Greenhouse Promotes Henry Tsai to Chief Product Office

NEW YORK ,  Sept. 13, 2023   Greenhouse , the hiring operating system for people-first companies, announced today that it has promoted  Henry Tsai to Chief Product Officer. As a longstanding part of the Executive Leadership Team, Henry will

Sep 13, 2023
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