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Venture Capital

Tide Expands SME Services with Acquisition of Onfolk Payroll Solution

Tide , a UK-based business financial platform, has acquired Onfolk , an HMRC-recognized payroll solution for SMEs, announced on October 18, 2024. Onfolk specializes in integrating accounting, pensions, and people systems, making payroll man

Oct 22, 2024
Venture Capital

MPAY Expands with Web Payroll Acquisition: A Game-Changer for Texas Businesses

MPAY, a leader in payroll and human capital management solutions, completed its acquisition of Web Payroll & Tax Solutions. This move is part of MPAY’s ongoing strategic expansion, following two earlier acquisitions in 2024. Web Payroll, kn

Oct 21, 2024
Product News

Introducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support

BambooHR , the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. An

Oct 17, 2024
Product News

Paylocity Unveils AI Assistant to Transform HR Efficiency

Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu

Oct 16, 2024
Venture Capital

ADP Acquires WorkForce Software

ADP , a leader in human capital management solutions, has announced its acquisition of WorkForce Software, a company specializing in workforce management for large global enterprises. This strategic move enhances ADP's global workforce mana

Oct 15, 2024
Venture Capital

Zeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce

Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat

Oct 10, 2024
Column

Paychex, Inc. Reports Solid First Quarter Results

Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th

Oct 2, 2024
Venture Capital

Paylocity Announces Completion of Acquisition of Airbase Inc.

Paylocity has successfully completed the acquisition of Airbase Inc., a spend management platform. This acquisition allows Paylocity to integrate Airbase’s finance tools, including bill pay, expense management, and procurement, into its clo

Oct 1, 2024
Product News

Workstream Launches First All-in-One Payroll Solution for the Hourly Workforce

Workstream has launched an all-in-one payroll solution tailored specifically for businesses that employ hourly workers, such as QSR franchisees and restaurants. This new offering addresses critical needs identified in a survey of 250 HR lea

Sep 30, 2024
Venture Capital

Jet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy

Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy

Sep 26, 2024
Venture Capital

Wrapbook Secures $20 Million in Funding, Valued at $750 Million: Transforming Production Finance with Innovative Solutions

Wrapbook , a leader in production finance and accounting for the entertainment industry, has secured a $20 million investment from Bessemer Venture Partners, bringing its valuation to $750 million. This investment goes beyond financial grow

Sep 25, 2024
Product News

PrimePay Introduces New People Analytics to Drive Business Outcomes

PrimePay has launched PrimePay Analytics, a groundbreaking people analytics platform designed to help businesses drive growth, retention, and profitability by leveraging workforce, performance, and financial data. The platform aims to close

Sep 24, 2024
Venture Capital

Paris-Based Jump Raises €11M Series A to Provide Freelancers with Full-Time Benefits

Paris-based Jump has raised €11 million in a Series A funding round led by Breega, with Index Ventures and RAISE Seed For Good also participating. Jump provides freelancers with the benefits of full-time employment, including social protect

Sep 24, 2024
Product News

Paycor Launches Cutting-Edge Time-Off Management Tools to Boost Productivity

Paycor HCM, Inc. has announced innovative time-off management features that streamline operations and improve employee well-being. These new tools enhance real-time visibility, automate approval processes, and help leaders prevent burnout.

Sep 24, 2024
Venture Capital

Arya Health Secures $4M to Lead AI-Powered Workforce Automation in Healthcare

Arya Health , a healthcare workforce automation platform, announced the closing of a $4 million seed funding round led by Twelve Below. This funding will help Arya Health expand its AI-driven workforce management tools, which include automa

Sep 24, 2024
Company News

UKG Ready Simplifies Pay, Culture, and People Operations with Enhancements to All-in-One Suite

UKG has expanded its UKG Ready HR Suite with modified versions of three popular applications: UKG Bryte, UKG Great Place To Work Hub, and UKG One View. These tools, previously available only to large enterprises, are now tailored for small

Sep 24, 2024
Product News

ADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform

ADP has launched Lyric HCM , a Human Capital Management (HCM) platform leveraging GenAI to enhance personalized employee experiences on a global scale. Lyric offers a comprehensive solution by combining flexibility, intelligence, and human-

Sep 23, 2024
Company News

Former Board Member Chip Pearson Steps into CEO Role at When I Work

Chip Pearson has been appointed as the new CEO of When I Work , a leading provider of workforce management software trusted by over 200,000 workplaces worldwide. With over 20 years of experience, Pearson's leadership includes roles at JAMF,

Sep 19, 2024
Product News

Paychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent

Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick

Sep 18, 2024
Venture Capital

Every Secures $22.5 Million Series A to Redefine HR Tech for Early-Stage Startups

Every.io has raised $22.5M in a Series A round led by Redpoint Ventures, with participation from Y Combinator, Okta Ventures, and Base10 Partners. The company's mission is to help tech founders focus on growth by simplifying and automating

Sep 13, 2024
Company News

UKG Launches Global Operations Hub in Ireland

UKG , a leader in HR, payroll, and workforce management solutions, is set to more than double its workforce in Ireland by establishing a new Global Operations Hub in Kilkenny. Partnering with the Irish government through IDA Ireland, UKG pl

Sep 12, 2024
Product News

New Ag Seasonal Platform Manager, H2 Organizer, Launches to Support Farmers and Temporary Farmworkers

H2 Organizer, a new technology platform designed for agricultural staffing solutions, launched with the support of partner organizations like Western Growers, WAFLA, and Scaroni Family of Companies. The platform aims to simplify the managem

Sep 10, 2024
News

UKG Eases Burden on Small HR Team in Managing Complex Payroll, Compliance, and People Practices

UKG Ready® is transforming workforce management at the Associated Students of California State University, Chico, a student-led auxiliary that operates university services like cafeterias and childcare centers. By leveraging the all-in-one

Sep 10, 2024
Venture Capital

finally raises $200M Series B with $50M equity and $150M credit facility

finally , an AI-driven, all-in-one finance and HR suite for small and medium businesses (SMBs), has raised $200 million in Series B funding, consisting of $50 million in equity from PeakSpan Capital and a $150 million credit facility from E

Sep 9, 2024
Venture Capital

Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider

Paylocity   Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr

Sep 4, 2024
Venture Capital

Oyster Raises $59M Series D to Democratize Access to Global Job Opportunities

Oyster® ,a leading global employment platform, has secured $59M in Series D funding led by Silver Lake Waterman. This investment will accelerate Oyster's roadmap, enhance compliance capabilities, and expand its suite of services including g

Sep 4, 2024
Product News

Papaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!

Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By

Sep 3, 2024
Company News

Small and Mid-sized Businesses Simplify Payroll with UKG Ready

The   UKG Ready ® HR Suite  has been recognized on the Constellation ShortList™ for SMB HCM Suites, marking it as a top choice for small and mid-sized businesses in North America. The suite offers comprehensive tools for HR, payroll, and ti

Sep 3, 2024
Product News

BerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent

BerniePortal   has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru

Aug 30, 2024
Company News

Alight Names Dave Guilmette as Chief Executive Officer

Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio

Aug 26, 2024
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