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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paylocity FY2026 Revenue Reaches $1.771 Billion as Net Income Rises 18.8% and AI Strategy Accelerates
Paylocity closed fiscal 2026 with double-digit growth, stronger profitability, and an expanded product strategy spanning HR, Finance, and IT. Fourth-quarter revenue rose 11.0% year over year to $444.7 million, while recurring and other reve

Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...

Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
ColumnADP Reports First Quarter Fiscal 2026 Results
ADP reported Q1 FY26 revenue of $5.2B (+7%, +6% organic cc) and adjusted EPS of $2.49 (+7%) , with adjusted EBIT up 7% and margin flat at 25.5% . Employer Services grew 7% ; PEO grew 7% with average WSEs up 2% to ~754k . Interest on funds h
Company NewsADP Nominates Karen S. Lynch and Robert H. Swan to Board of Directors
ADP has nominated Karen S. Lynch, former CEO of CVS Health, and Robert H. Swan, former CEO and CFO of Intel, to its Board of Directors ahead of the November 12, 2025, Annual Meeting of Stockholders. With decades of leadership experience acr
Product NewsAlight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat
NewsTorch Acquires AI Learning Company Praxis Labs to Redefine Coaching as a Catalyst for Organizational Change
Torch, a contextual coaching platform, has acquired Praxis Labs, an AI-powered learning platform known for its research-backed simulations, skill assessments, and AI coaching. This strategic acquisition aims to bridge the persistent gap bet
ColumnServiceNow and UKG collaborate to supercharge employee productivity and efficiency with agentic AI
At Knowledge 2025, ServiceNow and UKG unveiled a groundbreaking partnership to integrate their AI platforms—ServiceNow's newly launched AI Agent Fabric and UKG's People Fabric—to transform HR, payroll, and workforce management. This strateg
EarningsAdecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million
The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc
Venture CapitalMaki Secures $28.6M to Revolutionize Talent Acquisition with Conversational AI
Maki , a leader in conversational AI for HR, has secured $28.6 million in Series A funding to redefine how organizations approach talent acquisition. With rapid growth in 2024 and large-scale partnerships with Fortune 500 companies, Maki’s
Product NewsPaycor 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’
EarningsTrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth
TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the
Venture CapitalCheckmate Raises $1.6 Million in Seed Funding to Expand Pre-Employment Screening Solutions in the U.S., Australia, and Southeast Asia
Checkmate, a leading provider of pre-employment screening solutions, has raised $1.6 million USD in Seed funding from Wavemaker Partners, Southeast Asia's top VC firm. This funding will support Checkmate's expansion into new markets, includ
Company NewsPaychex Launches Digital Employee Benefits Marketplace
Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e
Company NewsFirst Advantage Posts Solid Q2 2024 Results; Anticipates Sterling Acquisition Closure by Q4
First Advantage Corporation reported second quarter 2024 results, showing revenue of $184.5 million and a net income of $1.9 million, which includes $9.2 million in expenses related to the acquisition of Sterling Check Corp. Adjusted net in
Company NewsTrueBlue Reports Second Quarter 2024 Results
TrueBlue reported its second quarter 2024 results, highlighting a challenging market environment marked by economic uncertainty and client caution. Revenue for the quarter was $396 million, down 17% from the previous year. The company incur
EarningsFirst Advantage Reports First Quarter 2024 Results
First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjust
EarningsFiverr Announces $100M Buyback as Q1 Earnings Beat Expectations
Fiverr International Ltd. reported strong Q1 2024 results, with revenue reaching $93.5 million, a 6.3% increase year-over-year, driven by strategic expansion into complex services and SPB growth of 8%. Despite a challenging hiring environme
Company NewsUKG to Transform Payroll Reporting with Generative AI
UKG announced at the 42nd annual Payroll Congress Convention and Expo the enhancement of payroll reporting with generative AI, termed GenAI, in its UKG Pro suite. This development introduces conversational AI capabilities, allowing payroll
EarningsTrueBlue Reports First Quarter 2024 Results
TrueBlue reported a 13% decline in revenue to $403 million in Q1 2024, with a net loss of $2 million, an improvement from the previous year's $4 million loss. Key financial measures include a 13% reduction in SG&A expenses, an adjusted EBIT
Company NewsSmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth
SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo
EarningsFiverr Announces Fourth Quarter and Full Year 2023 Results
Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c
Company NewsOyster Announces 30% Role Reduction in Major Reorganization
In a recent announcement that has sent ripples through the tech industry, Oyster's CEO Tony Jamous revealed a significant company-wide reorganization. The restructuring will result in a 30% reduction in roles across the board. This move com
NewsHRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition
DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding
Venture CapitalHRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition
Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) — HRSoft , the global leader for cloud-based Compensation Lif
Venture CapitalGrowthCurve Capital Acquires Netchex to Further Accelerate Growth
Netchex to leverage GrowthCurve’s expertise in data analytics and AI to accelerate growth Covington, LA and New York, NY – June 7, 2023 – Netchex (“Netchex” or the “Company”), a leading provider of cloud-based human capital management and
EarningsDocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products
DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO , March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce
EarningsManpowerGroup Reports 4th Quarter 2022 Results
Revenues of $4.8 billion (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced
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