Business

As technology advances, so does the opportunity for vendors to serve business of all sizes. But HCM technology is constantly changing as new companies emerge, old vendors plan for market changes and new generations of employees demand more from their tools. Here’s our coverage.

Our weekly roundup of deals, product announcements and other HR technology news. Assessment solution provider EduThrill partnered with Lever, an application tracking system. This integration of EduThrill's pre-employment assessments solution with Lever ATS enables automatic curation of the assessments from EduThrill's content library with questions across a variety of skills...
Technological advancements have made some drastic changes to businesses and their processes, including recruiting and hiring. To help you best appreciate the changes technology has brought to the hiring process, we asked hiring managers, recruiters and business leaders for their best insights. There are several ways the hiring process...
During 2023, employers will spend more time and energy reexamining HR's role, the employee experience, DEI, digitization and the struggle to close skills gaps. The HR Trends Report 2023, from HR consultancy McLean & Company, says these trends have appeared even as HR’s effectiveness and role as a strategic partner have become stronger,...
A growing number of companies are adopting industry-specific cloud platforms to help them operate more efficiently – and  cheaply. These are platforms that have been customized to handle a relatively narrow area – such as hospitals, banks or retailers – in a way that speaks to the needs of...
UKG reported its revenue grew to $960 million during the fourth quarter ended Sept. 30, while its full-year revenue rose to about $3.7 billion. Subscription revenue grew 15% from the prior year. CEO Chris Todd said the quarter was the most successful in the company’s history, “despite the inflationary environment...
Nearly three-quarters of chief finance officers (74%) expect talent or labor costs to jump substantially in the coming year. This comes as 41% of them feel pessimistic about their companies’ financial prospects during 2022's fourth quarter, up from 37% in the third.  These are some of the key findings of Deloitte’s Q4 2022...
Our weekly roundup of deals, product announcements and other HR technology news. ShiftPixy introduced its “Fast Fill” recruiting technology. The product is designed to directly reach available workers through mobile technology, encouraging them to immediately sign up for available shifts. According to the company, to find the workforce, businesses need...
Talent intelligence platform retrain.ai closed a fresh $14 million financing round led by AI-focused investment firm Radical Ventures. The infusion brings the company’s total funding to $34 million.  “Radical’s investment will help accelerate immediate value, with proceeds fueling retrain.ai’s growth into international markets where we will continue to pursue our...
Remote and hybrid work have drastically changed the way people do their jobs. However, people still question if these are worthwhile endeavors, or if all employees should return to the office. When considering this, one important aspect to think about is retention and whether remote and hybrid work are...
15Five received a “strategic investment” from ServiceNow, adding to the $52 million Series C round the company announced in July. The amount of the investment wasn't disclosed. The companies said the funding underscores ServiceNow’s commitment to investing in technology and projects that “reinvent work and drive productivity.” It was only in...