Pymetrics, Infosys Link to Reskill; New Randstad Outplacement Platform

News Roundup

Our weekly roundup of deals, product announcements and other HR technology news.

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Pymetrics and Infosys announced a consortium that brings together training partners Merit America, Per Scholas, Revature and Woz Enterprise to leverage their technologies to address the reskilling and employment needs raised by the COVID-19 pandemic. Called Reskill and Restart, the effort enables employers to review available talent and hire the best matches while they undergo rapid and job-specific reskilling.

Randstad RiseSmart unveiled a single-platform solution for global outplacement, redeployment and career development. The platform provides a consistent experience throughout the employee life cycle and supports organizations with alternatives to layoffs, such as reskilling and redeploying existing talent and offering creative retirement.  

In this week's #HRTech news: @Pymetrics, @Infosys partner to aid reskilling efforts; @RiseSmart launches platform to aid global outplacement. #HR Click To Tweet

Paylocity unveiled a new brand identity and website. “Our refreshed brand is a renewed commitment to our partnership with clients as a best-in-class HR and payroll solutions provider,” the company said.

Knoa Software launched Knoa Analytics, a new component of its user experience management solution. The new functionality “extends and complements” Knoa’s current offering with analytical capabilities geared toward accelerating adoption of enterprise software platforms, increasing productivity and offering improved insights.

DHI Group unit eFinancialCareers launched video and voice calling to facilitate communications between recruiters and candidates when so many are working from home.

Crosschq announced new financing from Tiger Global Management and Rocketship.vc. In June, the company received strategic financing from Slack and SAP.iO, in a round that also included re-investment from GGV Capital and Bessemer Ventures. Crosschq will use the cash to strengthen its core product, hire and expand partnership. The amount involved in the latest financing wasn’t disclosed. June’s round was worth a reported $5.5 million

Hiretual launched integrations with several ATS providers including Workday, iCIMS and Greenhouse. The integrations use AI to refresh existing candidate profiles within ATS with updated information pulled from the open web.

Stronger Together US Responsible Recruitment Toolkit launched tools designed to help with labor needs in the U.S. fresh product market. Subscribers can access “responsible” recruitment guidance and self-assessment functions to track progress and share achievements with clients. The organization is offering a free one-year subscription through Jan. 31, 2021.

Brussels-based Radix launched Talent API, an AI solution designed to help recruiters find talent more efficiently. The product quickly screens applications and recommends the most fitting candidates for any given position.  

Circa acquired America’s Job Exchange, a provider of diversity recruitment and OFCCP compliance technology. Previously, Circa was known as LocalJobNetwork, but rebranded to better align its products and solutions to what it calls its core underlying mission.

Accurate Background earned Workday Certified Integration status and now allows joint customers to access the systems through a single sign-on procedure. 

Last Week’s Top Stories

Q&A: ADP’s Linda Mougalian on Data, Reopening, Gigs and Compliance

We spoke with Linda Mougalian, division vice president of product marketing and strategy for ADP, about data’s role in helping employers navigate the pandemic, the widening role of the gig economy, and the pressure on business when compliance becomes a moving target. Read more.

Glassdoor, Indeed Partner on Job Postings, Employer Branding

Sister companies Glassdoor and Indeed—they’re both controlled by Recruit Holdings—have joined forces to offer packages of job postings and employer branding services. Read more.

Low-Code Edges Into HR, Empowering – and Challenging – Practitioners

More businesses are putting their toes into the water of low-code development, enabling professionals outside of IT to design and develop their own solutions to problems specific to their function. Read more.

HR Technology Investing Climbs in Q2, Despite Pandemic

Investment activity in the HR technology space continued at a consistent pace during 2020’s second quarter, despite concerns that the COVID-19 pandemic would act as a brake. According to HRWins’ Q2 2020 HR Tech Global VC Update, venture capital investment in HR tech increased more than 14% from the first quarter during the period. Read more.

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