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.

Time management and scheduling software provider Deputy closed an $81 million Series B round. The company said the funds will be put toward expansion efforts, product development and hiring for its engineering team. The round was led by the Silicon Valley-based venture firm IVP, known for its early funding of...
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A roundup of deals, product announcements and other news from the HCM technology community. Monster’s revenue dropped 15 percent in the third quarter compared to 16 percent in the second. According to ERE’s analysis of parent Randstad’s annual report, Monster unveiled several initiatives during the period and also showed signs...
Mercer and WeWork Labs are collaborating to create an incubator program focused HR technology. Mercer said its “HRTech Incubator Program” is the first of its kind. Noting that rapid developments in technology is quickly changing the nature of work, the effort is intended to “help incubate, support, and grow the...
Kronos introduced an enhanced Workforce Dimensions HCM. The new package includes responsive design, embedded analytics, an AI engine and the extension of the D5 platform’s capabilities across the employee lifecycle. The launch was one of a flurry of announcements that came from this week’s KronosWorks conference in Las Vegas. Built on...
A roundup of deals, product announcements and other news from the HCM technology community. ADP’s first-quarter revenues grew percent to $3.3 billion while net rose 22 percent to $505 million. Earnings before income taxes increased 14% to $647 million. New business bookings at its Employer Services unit increase 8 percent...
  In this guest column, Armen Berjikly, senior director of strategy at Ultimate software, discusses why HR professionals should reskill themselves now for technologies just beginning to emerge.  Think back to how you felt when you accepted your first job in HR. What did you expect your day-to-day life to look...
New hires, promotions and other people moves throughout the HCM technology community of customers, vendors and analysts. CareerBuilder named Sasha Yablonovsky as executive vice president of customer experience. The company calls Yablonovsky, who joined CareerBuilder in September, “a seasoned customer experience executive.” She’s responsible for leading the global teams responsible...
The latest additions to Oracle HCM are designed to help customers compete more aggressively by providing HR with the tools it needs to make contributions to the business that go beyond the workforce. “We've done a lot of thinking and work around how we integrate HR with the rest of...
A roundup of deals, product announcements and other news from the HCM technology community. First Advantage and iCIMS announced the deployment of iCIMS’ next-generation integration product for background screening, Prime Connector. The product integrates First Advantage’s background screening solution into iCIMS’ recruiting platform with a one-click activation process, so employers...