Our weekly roundup of deals, product announcements and other HR technology news.
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Workday announced new capabilities for Workday Extend, which helps users extend the use of Workday applications to meet specialized needs. The company said new orchestration, data and logic capabilities will help customers increase their system’s abilities and aid agility.
ZipRecruiter added an “Act Fast” feature that notifies employers when candidates are being actively recruited by others. The label indicates that the candidate has recently received a signal of intent from multiple other employers and encourages interested companies to reach out quickly.This week in #HRTech: @Workday extends app capabilities; @ZipRecruiter pushes urgency. And more. #HR Click To Tweet
Background screening firm IntelliCorp formed an alliance with Greenhouse to provide IntelliCorp customers with an integrated solution that helps simplify background screening and enhances the candidate experience. The integration allows for secure data sharing, and provides access to IntelliCorp’s mobile applicant portal, where candidates self-enter the information needed for background checks from their phone, laptop or desktop.
First Advantage acquired the U.K. background screening business of GB Group, a global digital identity and location services provider. The acquisition expands First Advantage’s footprint and capabilities in the U.K. and EMEA. GBG U.K. customers will continue to use their existing screening platforms, and will also have access to future enhancements on First Advantage’s global technology platform.
isolved acquired Givful, a workplace philanthropy platform. isolved said the acquisition will help its customers’ talent acquisition efforts by strengthening employer branding as well as employee engagement.
The Planet Group agreed to acquire I.T. Works Recruitment, a niche technology recruitment firm handling permanent and contract placements across North America. Originally founded in 2004, in the U.K., I.T. Works Recruitment expanded into the U.S. in 2013 and is headquartered in Atlanta.
Fuel50 raised $15.5 million in a Series B funding round led by PeakSpan Capital and Shearwater Capital. With the funds, Fuel50 plans to increase its presence across the U.S., EMEA and Australasia, while accelerating product development to include additional analytics and talent intelligence. To date, Fuel50 has raised approximately $28.2 million. Since 2020, Fuel50 said it has seen 70% year-over-year growth in recurring revenue, and grown its customer base by 23%.
Theo Rokos was named president of video screening provider Wedge. Most recently he was chief revenue officer at Job.com, and co-founded GreenJobInterview.
Last Week’s Top Stories
‘Asynchronous Communications’ Tools Quietly Move to Forefront
We haven’t seen any research reports yet on the “Outlook for Asynchronous Communications Tools in the HR Function,” but interest from employers and vendors in the idea seems to have steadily increased over the last year. Read more.
PayScale, Payfactors Merge to Form Compensation Data Force
Compensation data companies PayScale and Payfactors have decided to stop competing and join forces. Their merger will form a company of 600 employees and some 10,000 customers, including half of the Fortune 500. Read more.
HR Outsourcing Market on Rebound as Enterprises ‘Future Proof’ Operations
The market for multi-process HR outsourcing will grow at a 5% to 7% rate between 2020 and 2022, driven by employers’ need to prepare their operations for future services and demands. Read more.
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