Our weekly roundup of deals, product announcements and other HR technology news.
ADP introduced API Central, a new HCM solution that helps businesses connect ADP workforce data across their HR and business systems using standard APIs and tools. With it, the company said HR leaders will be able to better manage worker data so they can be more strategic and efficient.
Beamery announced an integration with Workday Skills Cloud, which aims to help customers roll out skills-based strategies across the talent lifecycle. The integration syncs skill and role data to create insights around workforce skills, allowing customers to better design and calibrate new roles while matching candidates to appropriate jobs.
Yello added SkillsMatch to help users match candidates with relevant skills and qualifications as they build talent pipelines. SkillsMatch uses an intelligent skills taxonomy optimized for early career candidates. Among other things, it’s able to translate descriptions such as “president of business fraternity” into a “leadership” soft skill.
Ceipal announced an integration with WhatsApp to increase recruiter productivity and deepen real-time engagement with candidates. When using it, Ceipal ATS users can connect with candidates directly through WhatsApp conversations. They can also configure WhatsApp to contact candidates and automatically schedule interviews through the ATS, and auto-source candidates using Ceipal’s AI technology.
360Learning acquired eLamp, a French AI skills platform. The company said the acquisition is part of its mission to become the go-to learning platform for global businesses that are reskilling and upskilling their teams from within.
Frontline employee experience platform provider Harri raised $43 million in Series B funding. The growth equity round was led by New York-based Atalaya Capital Management, with participation from existing investor Golub Growth and undisclosed strategic investors. Harri will use the funding to deliver innovation, accelerate growth and scale in response to market demand, the company said.
PrismHR announced that Kevin Andrews has been named the company’s president. Andrews joined PrismHR in 2022 as president of product and technology before assuming his new role.
Paylocity added Linda Breard to its board of directors. Breard has over 25 years of leadership experience in finance and accounting.
Last Week’s Top News
Workday Pursues ‘Partnership’ Between Humans and AI
In a blog post, Workday CTO Jim Stratton said the company has been using large language models like those that power generative AI “for years.” Like most other HR technology vendors, the company sees AI-based technologies as tools that can increase productivity and efficiency by streamlining work and decision-making. However, Workday treads carefully when discussing AI’s impact on the workforce. “[O]ur emphasis remains on augmenting – not displacing – people,” Stratton added. Read More.
HR Tech Seen as ‘Mission Critical’ Despite Slowing Investment
Even as other industry segments suffer in the midst of a mixed economy, investors remain active in the HR technology space. During 2022, investors put $11.4 billion into the space, down from $13.3 billion the previous year, according to investment bank Houlihan Lokey. In an interview with UNLEASH, Houlihan Lokey Managing Director Adrian Reed said the investment activity results from the belief HR tech has become “mission critical” for businesses. Read More.
Oracle HCM Introduces Streamlined Implementation Program
Oracle launched Oracle HCM Now, a program designed to help mid-size enterprises – those with up to 15,000 employees – simplify and cut costs when implementing Oracle Fusion Cloud HCM. Read More.
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