Paylocity acquired the collaboration platform Samepage, expanding its functionality into task management, screen-sharing, file-sharing and real-time document co-editing.
The merger comes less than two months after Paylocity added video-messaging capabilities throughout its suite, and indicates a concerted effort to offer employers a more dynamic solution tailored to the needs of dispersed workers. Indeed, the company said acquiring Samepage “demonstrates commitment” to its building a modern suite of workforce solutions..@Paylocity acquired collaboration platform Samepage, expanding its functionality into task management, screen-sharing, file-sharing and real-time co-editing. @Samepageio #HR #HRTech Click To Tweet
Samepage has offices in Campbell, Calif., and the Czech Republic, and supports about 250,000 users.
Paylocity believes workers want to consolidate the tools they use day to day work by incorporating more solutions into a single platform. The company’s not alone in that thought. SAP SuccessFactors is preparing to launch Work Zone for HR, which accesses business tools, information and communications through a single user experience.
With Samepage, Paylocity customers will be able “to enhance the remote work experience while increasing productivity and improving employee engagement,” the company said. Over the last year, CEO Steve Beauchamp observed, “it’s become increasingly clear that HR professionals want modern and unified solutions for employee communication and collaboration as they continue to manage remote workforces.”
Besides adding video messaging, Since January, Paylocity has added features to attract Gen Z workers, such as on-demand pay, social collaboration and an LMS. It also acquired VidGrid, a video platform that provides two-way, peer-to-peer learning courses.
Last week, Paylocity announced earnings that went beyond investors’ expectations. Its fiscal first quarter revenue increased 7% from the year-ago period, to $135.8 million. Recurring revenue made up 99% of that, up 11%.
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