Roundup: Zoom Introduces Document Workspace; Factorial Acquires Expense-Tools Provider

News Roundup

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

Zoom introduced Zoom Docs, an AI-powered workspace for documentation, project and data management, and creating tables, wikis and tasks. The company said the product will aid organizations in helping workforces succeed with more effective communication and collaboration.

Factorial acquired Fuell an expense management startup based in Spain. Founded in 2019, Fuell provides expense management tools focused on budget while simplifying back-office tasks such as tax refunds and expense categorization.

Cangrade was granted a patent for its multi-way scoring technology, which uses one assessment to predict a candidate’s fit for multiple positions. The solution will help increase HR efficiency and maximize talent pools by evaluating candidates’ potential fit for all of an organization’s open roles, the company said. 

Employee experience solutions provider MeBeBot embedded generative AI into its platform. With the addition, the company aims to make it more efficient for customers to ingest and utilize company documents as they are updated to auto-suggest answers, allow for verification and ensure the compliance and consistency of responses.

UK-based people operating system Personio released a a series of advancements to help SMBs measure engagement, improve retention, and manage their workforce efficiently across borders. The new features include compensation management, surveys and international absence capabilities.

VR skills training company Transfr received $40 million in Series C funding in a round led by ABS Capital. The company will use the funding to further develop its VR simulation platform and expand programming to accommodate its growing customer base.

Visier announced the appointment of Keith Bigelow as chief product officer. Bigelow is a well-known executive in AI, analytics and enterprise SaaS, having led product teams for notable enterprise software companies.

SeekOut appointed Bryce Winkelman as chief revenue and business officer. Winkelman had served as an advisor to SeekOut’s CEO since 2021, while also serving as chief business and strategy officer at Quantum Metric.

Last Week’s Top News

New Recruiter, Learning Features Showcase LinkedIn’s Embrace of Generative AI

LinkedIn announced a wave of new AI-based capabilities for LinkedIn Recruiter and LinkedIn Learning, including features to create customized talent pools, recommend matching candidates and coach users in career development. Between now and April 2024, LinkedIn Recruiter will incorporate a range of capabilities designed to improve the interaction between platform and user, build more effective pipelines and better manage the overall recruiting process. Read More.

Ceridian Launches Dayforce Co-Pilot to Offer Automation, NLP

Ceridian – soon to be known as Dayforce – launched a new package of features for its workforce management platform. Called Dayforce Co-Pilot, the suite uses AI to automate repetitive tasks and serves as a “hyper-personalized” guide for employees. Read More.

ChatGPT’s New Features Bring Conversational UI to Center Stage

The addition of voice and image capabilities to ChatGPT is sure to kick off a new round of interest in incorporating conversational user interfaces into HR technology. Last week, OpenAI began to roll out voice and image-sharing capabilities that allow users to interact with the generative AI in a simpler, more conversational way and share images as part of their queries. Read More.

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