Our weekly roundup of deals, product announcements and other HR technology news.
First Advantage announced a partnership with Jobvite to streamline screening and monitoring services for the recruiting platform’s customers. The company said the agreement will broaden its reach and improve the hiring process for end users.
Alight Solutions, which provides benefits, payroll and cloud solutions, will work with cloud consulting firm Drivestream to provide “a complete spectrum” of Oracle Cloud-based offerings to organizations that want to transform their HR and finance functions. For Oracle Cloud engagements, Drivestream will lead application implementation while Alight provides managed ongoing services.
In this week's #HRTech roundup: @FirstAdvantage partners with @Jobvite, while the funding stream begins for 2020. #HR #HRTribe Click To TweetEvent platform vFairs revamped its job board offering with a revised look and feel, plus a new feature set designed to address nuts-and-bolts issues such as data entry. Targeted at universities, vFairs also offers a scraping service to harvest job postings from career sites of partner employers. The job board isn’t dependent on vFairs virtual-job-fair core product.
Montreal-based SuccessFinder raised $2.9 million (U.S.) to continue developing business around its cloud-based psychometric assessment product. Some $1.5 million of the investment came from BDC Capital’s Growth & Transition Capital division as a non-dilutive mezzanine loan. SuccessFinder emphasizes the development of predictive models.
Curricula announced a $3 million growth investment from RCP Equity. The funds will be used to expand the company’s security awareness training platform through expanded sales and marketing, upgraded platform capabilities and a move into managed-service provider channels.
Last Week’s Top Stories
Podcast: 4 Trends to Consider As You Look Toward 2020
As you consider what decisions you’ll face in 2020, bear in mind the industry’s current landscape, which was shaped by these stories and trends during 2019. Listen here.
Roundup: 2019’s Top Stories and What They Mean for 2020
2019 was not a quiet year. The battle over who offers the better experience intensified. On-demand pay’s momentum grew. There were lots of acquisitions and other deals, led by the $11 billion buyout of Ultimate Software. Read more.
Poor Service Spurs Growing Regrets Among HR Tech Buyers
Although customer service has become more of a factor in HCM technology purchasing decisions, vendors are falling behind in their efforts to satisfy the demands of HR leaders and other decision makers. Read more.
Researchers Examine Links Between Kittens, Workplace Stress
Here’s a thought for anyone interested in the employee experience: Kittens are cute and cute boosts productivity. Read more.
If you have news to share, send a press release or email to our editors at news @ hcmtechnologyreport.com.
Sign up for our newsletter here.
Image: iStock
