Our weekly roundup of deals, product announcements and other HR technology news.
Listen to a podcast version of our roundup.
Employee background screening continues to become increasingly common and is used across a wider range of workers than ever before seen. According to HR.com’s Research Institute, 90% of all organizations screen their full-time workers, and are more likely to screen part-time employees and volunteers, as well.
SAP SuccessFactors said it added or went live with 400 companies using its Human Experience Management platform during 2020’s first half. Among them were FMC Corporation, Hyundai Motor Europe, Swiss retailer Migros Group and Mageline Biotechnology, a Chinese skincare firm.This week's #HRTech roundup: Employee background screening keeps growing, @SuccessFactors spotlights new customers, and more from around the industry. #HR Click To Tweet
Skillsoft’s reorganization was approved by a U.S. bankruptcy court. The company expects it will emerge from Chapter 11 “in the coming weeks” with a stronger balance sheet and “significant additional liquidity.”
HireRight announced an integration with Zoho Recruit, allowing talent acquisition team to initiate background checks directly through the platform. Features include real-time status updates, single sign-on access to enhanced reporting and the ability to send text-message invitations to candidates.
ClearCompany and Absorb Software formed a strategic partnership to leverage their respective platforms. The integration of ClearCompany’s talent management system with Absorb’s LMS and LXP will make it easier for employers to provide in-the-moment learning to the workforce, the companies said.
Aliro unveiled an integration with SkillSurvey to help employers identify qualified candidates and provide job seekers with a streamlined hiring process. Aliro’s technology is designed to automate the top of the TA funnel by gathering profiles of both past and present candidates.
Workforce management platform Rippling closed $145 million in Series B funding. The company said the investment brings its value to $1.35 billion. The round was led by Founders Fund, and also includes Greenoaks Capital, Coatue Management and Bedrock Capital.
CloudPay raised $35 million in growth capital. New investor Runway Growth Capital joined existing investors Rho Ventures and Pinnacle Investment Partners. The company said it grew by more than 30% during 2019.
Platterz renamed itself Thriver and closed a $33 million round of Series B funding. The investment will help Thriver to enter new markets, further develop its workplace culture platform and expand its team. Over the past five years, the company food-centric culture programs for organizations throughout North America. Now, it’s expanding into broader, culture-centric efforts.
SmartRecruiters launched SmartMessage, which it says is the first native-built texting solution within a talent acquisition suite. The product uses SMS and WhatsApp to reach candidates regardless of their location.
BambooHR added a project tracking tool to its time-tracking capabilities. The feature allows employees to specify the projects or tasks they’re working on so that managers can more easily track both billable and non-billable hours.
Last Week’s Top Stories
3 Structural Changes the New Workplace Requires of HR Technology
Businesses will face a stunning challenge at the end of August, when their employees with children are, as they were in the spring, forced to juggle child care and education with their responsibilities on the job. That will significantly change the way work gets done, and HR technology providers will be called on to provide more powerful tools for managing, serving and even recruiting employees. 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.
HR Departments Expect Increased Technology Spend This Year
Pandemic or no, most HR departments expect their budgets to increase this year, with much of the money going toward technology rather than benefits, recruitment or engagement. Read more.
How Turazo Builds Candidate Relationships, Employee Retention
Sponsored: The virtual recruiting platform’s founders discuss how they connect employers with early talent and help them build long-term relationships. Listen here.
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