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Company News

Paylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M

Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 mil

May 2, 2025
Company News

Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj

Feb 12, 2025
Venture Capital

Selerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform

Selerix , a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® ( TBX® ), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a com

Feb 6, 2025
Company News

Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition

Paylocity 's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend manag

Oct 30, 2024
Venture Capital

Asure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System

Asure (NASDAQ: ASUR), a cloud-based Human Capital Management (HCM) software provider, has acquired HireClick, an AI-powered applicant tracking system (ATS) tailored for small and mid-sized businesses. This acquisition strengthens Asure’s co

Aug 15, 2024
Company News

Netchex Launches Community: An Employee Recognition & Engagement Platform to Build Team Cohesion

Netchex has launched Community, an innovative employee recognition and engagement platform aimed at boosting morale and fostering connections within organizations. Integrated into the Netchex application, Community offers features like pers

Aug 6, 2024
Company News

Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position

Paycom   Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil

Jul 31, 2024
Company News

Paycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO

Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the

May 31, 2024
Earnings

Paylocity Announces Third Quarter Fiscal Year 2024 Financial Results

Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A

May 2, 2024
Company News

Paycom's Stellar Q1 2024: Doubling Profits and Pioneering HCM Innovations

First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 mil

May 1, 2024
Product News

Boost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights

BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe

Feb 15, 2024
Venture Capital

HiBob Acquires UK Payroll Automation Platform Pento

HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integratin

Feb 13, 2024
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

Chris Thomas Promoted to Paycom Co-CEO with Chad Richison

Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw

Feb 7, 2024
Venture Capital

Zvoove acquires Planbition, the leading SaaS workforce management and planning platform for the temporary staffing industry

Zvoove , a prominent European software provider for temporary staffing and cleaning sectors, has acquired Planbition, a leading Dutch cloud-based workforce management solution. Planbition, known for its flexibility, serves top clients world

Jan 23, 2024
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

Sales 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

Sep 14, 2023
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