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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Unlocking People Advantage: How Sequoia's Comp-OS 2.0 Simplifies HR and Finance
Sequoia has launched Comp-OS 2.0, a comprehensive solution aimed at simplifying the complex landscape of global compensation management for HR and finance leaders. The platform offers real-time visibility into organizational spending and en
Company NewsTrueBlue 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
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Venture CapitalAtomicwork Launches with $11m Seed Round Using AI to Reimagine Employee Support
As workers remain split between working from home and returning to offices, bosses are eager to ensure they have a healthy employee experience. Helping workers feel connected with everyday work needs, employee support startup Atomicwork is
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
WorkdayWorkday Announces Fiscal 2024 Second Quarter Financial Results with 16.3% YoY Increase in Total Revenues
PLEASANTON, Calif., Aug. 24, 2023 -- Workday , Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, announced results for the fiscal 2024 second quarter ended July 31, 2023. Fiscal 2024 Second Quar
Company NewsOneSource Virtual Joins the Highline's Payroll Payments Network To Provide Employee Financial Health And Well-Being Solutions
OneSource Virtual (OSV), the leading provider of services for Workday, and an innovator of extensible applications built on Workday technology, announces a first-of-its-kind partnership with Highline , a fintech company transforming payme
EarningsBGSF, Inc. Reports Growth in both Pofessional Staffing and Real Estate Divisions in its Second Quarter 2023 Financial Results
Aug 10, 2023 -- BGSF , Inc. (NYSE: BGSF), a growing provider of consulting, managed services and professional workforce solutions, reported financial results for the second quarter ended July 2, 2023. Beth A. Garvey, Chair President and CE
Venture CapitalZRG, the Seventh-largest Retained Search Firm in the US, Acquired The Registry
NEW YORK, NY, and BOSTON, MA, — ZRG , one of the world’s rapidly growing global talent advisory firms, announced its acquisition of The Registry , an Interim Executive Solutions firm specializing in higher education. Since 1992, The Registr
EarningsUpwork Reports Second Quarter 2023 Financial Results with 7% YoY Increase in Revenue
SAN FRANCISCO, Aug. 02, 2023 -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, announced its financial results for the second quarter of 2023. Q2’23 F
Venture CapitalHirewell Acquires The collective Search to Expand West Coast Presence
CHICAGO , Aug. 8, 2023 -- Hirewell is pleased to announce its acquisition of The Collective Search , a San Francisco -based recruiting firm with a focus on helping VC and PE backed companies scale their go-to-market teams. Hirewell's acqu
EarningsPageGroup Announces Half Year Results for the Period Ended 30 June 2023
Aug. 7, 2023 -- PageGroup plc (“PageGroup”), the specialist professional recruitment company, announces its unaudited half year results for the period ended 30 June 2023. “The Group delivered a robust H1 performance against a record first h
Product NewsTriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
EarningsHAYS Delivered Resilient Financial Results for its Fiscal 2023 Fourth Quarter
July 13, 2023 -- HAYS , a leading global recruitment firm, announced financial results for the fourth quarter ended June 30, 2023. Commenting on the Group’s performance, Alistair Cox, Chief Executive, said: “We delivered a resilient Q4 perf
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
HR TechnologyCandorIQ: The YC-Backed Startup Making Waves in the HR Tech and FinTech Sectors
In the bustling world of startups, one name has recently caught our attention: CandorIQ. This innovative company, a proud member of Y Combinator's Summer 2023 batch, is on a mission to streamline headcount and compensation planning, promisi
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
Venture CapitalZinc Secures a £5 Million Series A to Revolutionise Background Checks
In a round led by AVP (AXA Venture Partners) with participation from existing investor Seedcamp. Zinc , a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approac
Venture CapitalTraydstream Accomplices With X0PA AI To Simplifies Its Hiring and Talent Acquisition Procedures
LONDON , July 3, 2023 -- Traydstream , a fast growing fintech company based in the United Kingdom , is pleased to deploy X0PA AI , a pioneering artificial intelligence solutions hiring platform. Through this partnership, Traydstream aims
Company NewsiiPay Expands into Mexico, Forging Strategic Partnership with Grupo Tress International for Global Payroll Solutions
Dallas, Texas, Monterrey, Mexico, and Cheltenham, UK – 29 June 2023 – iiPay , a global leader in innovative cloud-based payroll software technology, is excited to announce its expansion into Mexico with a new office in Monterrey, Nuevo Le
Venture CapitalOdoo S.A. Announces €150m Investment from General Atlantic to Support Continued Global Growth
Brussels, Belgium and New York, NY – June 26, 2023 – Odoo S.A., a leading provider of open-source integrated business software applications for small and medium-sized enterprises (SMEs), today announced it has received a strategic investme
Venture CapitalUKG Transforms Multi-country Payroll with Agreement to Acquire Immedis from CluneTech
Acquisition propels UKG into a global HCM leadership position, with creation of the industry’s most adaptable, intelligent “schedule to fund in one” experience for multinational businesses LOWELL, Mass., and WESTON, Fla., June 6, 2023 — To
Venture CapitalOrigin acquires Finny to Fill a Critical Gap in Workplace Financial Education
Acquisition will help Origin users improve global financial literacy and debt management with more complete toolkit for smarter financial planning BOSTON, June 05, 2023 -- Origin , the startup reimagining financial wellness in the workplace
Venture CapitalDeltek Reaches Agreement to Acquire Replicon, A Global Provider of Knowledge Workforce Management Solutions for Project and Service-Centric Organizations
Deltek, a leading provider of software for project-based businesses, has announced its intention to acquire Replicon, a unified time tracking solutions provider. Replicon's software, which integrates project delivery, finance, and HR on a s
EarningsWorkday Announces Fiscal 2024 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of $9.79 Billion, Up 22.9% Year Over Year Total Subscripti
Product NewsWorkday Once Again Named a Leader in Human Capital Management by Independent Research Firm
Workday Human Capital Management Scores Highest in Strategy Category of HCM Vendor Report PLEASANTON, Calif. , May 22, 2023 Workday, Inc . (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , tod
Venture CapitalTech startup Qualifi Raises $4.5M with a mission to transform High-Volume Hiring
May 17, 2023 Qualifi , the enterprise solution for high-volume hiring, today announced it has received $4.5M in funding to accelerate the company into a new growth phase of development. The financing round was co-led by m]x[v Capital and
Company NewsWorkday Celebrates Major Milestone: 10,000 Global Customers
Workday, a leading provider of enterprise cloud applications, recently celebrated a significant milestone, reaching 10,000 customer organizations globally. This achievement is a testament to Workday's commitment to customer success and inno
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