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Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology
Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in driving the company's transformation and expansion, tripling it
Jan 7, 2025
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Payfare Enters into Definitive Agreement to be Acquired by Fiserv
Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values Payfare at CA$201.5 million, representing a 90% premium on
Dec 23, 2024
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Paychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex, Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credit (ERTC) program's expiration, revenue growth was 7%. Operati
Dec 19, 2024
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Sense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls
Sense has unveiled its groundbreaking Conversational Voice AI, revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messaging suite, this AI-driven solution enhances recruiter efficienc
Dec 18, 2024
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AI Leader Grammarly to Acquire Coda, Bring on New CEO
Grammarly, a leader in AI communication tools, announced its acquisition of productivity platform Coda. This move aligns with Grammarly’s vision to evolve into a comprehensive AI productivity platform, integrating Coda's flexible tools and AI solutions. Coda’s CEO Shishir Mehrotra will take the
Dec 17, 2024
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UKG Hires Sarah Hodges as Chief Marketing Officer
UKG, a leader in HR, payroll, and workforce management solutions, has appointed Sarah Hodges as Chief Marketing Officer (CMO), effective January 6, 2025. With over 20 years of marketing expertise from Autodesk and Procore Technologies, Hodges will spearhead brand awareness, product and industry mark
Dec 16, 2024
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Zoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States
Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust finance and operations suite, including Zoho Books, Zoho Inven
Dec 12, 2024
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Workday Unveils New Illuminate Capabilities for Peakon Employee Voice to Unlock Deeper and Faster Employee Insights with AI
Workday has introduced groundbreaking AI-driven enhancements to its Peakon Employee Voice platform, enabling managers to better understand and support employees through real-time insights and actionable recommendations. These innovations, such as generative AI-powered content summaries and on-demand
Dec 11, 2024
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Reejig Releases Workforce Reinvention Blueprint, Proprietary Data Guiding Leaders to Bold and Responsible AI Implementation
Reejig, a global leader in workforce intelligence, has unveiled its Workforce Reinvention Blueprint, a first-of-its-kind analysis providing actionable insights into how AI can reshape industries. Drawing on over 130 million job records and 41 million data points, the blueprint highlights AI's potent
Dec 10, 2024
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Talroo Launches Apply Intelligence™: Redefining AI-Powered Recruitment
Talroo has unveiled Apply Intelligence™, a groundbreaking suite of free AI-based features aimed at transforming the hiring process for employers and enhancing the job search journey for candidates. Leveraging advanced AI tools like SmartMatch and SmartApply, this innovation streamlines application
Dec 9, 2024
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