2021 has been an incredible year for HR & payroll technology and we’ve seen the introduction of many new technologies, features and software providers! Our final movers & shakers wrap up for the year includes investments, product updates and acquisitions…
Sense
HR tech startup Sense has raised $50 million from SoftBank in Series D funding to simplify and personalise hiring at scale, helping organisations win the latest war for talent, differentiate their hiring experience and deliver significant results to the business.
BambooHR
At the beginning of December, BambooHR shared their November Thirty Thirty product update, detailing the improvements they made to their software. The roundup includes five new features including flexible holiday hours and a new widget in the mobile app!
Ceridian
Ceridian have announced the acquisition of ADAM HCM, a leading payroll and HCM company serving customers across Latin America. This acquisition will accelerate the delivery of the Dayforce platform and drive value to multinational organisations operating in Latin America and the Caribbean.
PayCaptain
Congratulations to PayCaptain who have become one of the first HMRC Approved & FCA Registered Payroll providers.
https://www.linkedin.com/posts/paycaptain_payroll-hr-paycaptain-activity-6874310118956130304-HW_y
Workday
Following their acquisition of Peakon ApS in January, Workday have launched Workday Peakon Employee Voice, a platform that gathers employee feedback and provides insights to the management team.
https://www.hcmtechnologyreport.com/workday-launches-peakon-based-feedback-solution/
CloudPay
Congratulations to CloudPay for being a Star Performer and Major Contender in the Everest Group Multi-Country Payroll (MCP) Solutions PEAK® Matrix Assessment for 2021.
UKG
UKG exceeded their 2021 financial goals, increasing revenue by 10% compared to the previous financial year. This growth allows UKG to keep reinvesting into the business and increasing spend on R&D to continually improve and add to their HCM, payroll, HR service delivery (HRSD) and workforce management software.
https://www.ukg.com/about-us/newsroom/ukg-exceeds-goals-full-year-q4-financial-results
UKG also launched UKG Wallet, a financial wellness platform that provides users with earned wage access, flexible pay options, budgeting tools and financial literacy resources.
https://www.ukg.com/about-us/newsroom/ukg-ushers-new-generation-financial-wellness-ukg-wallet
Cornerstone OnDemand
Cornerstone OnDemand launched their innovative ‘A Seat at the Table’ content offering which is a learning series designed and delivered in non-traditional formats to help develop the understanding of diversity, equity, inclusion and belonging (DEIB).
iCIMS
iCIMS announced enhancements to their global partner programme to drive innovation across the iCIMS community and to amplify the iCIMS Talent Cloud value. The strengthened partner programme will enable enhanced integrations between talent technologies and services.
https://www.icims.com/en-gb/company/newsroom/partnerprogrammeuk/
Thinking of implementing a new HR or payroll solution in 2022? HR and payroll technology is constantly evolving, and selecting a new system is a multi-step process. Download our free ’12 Steps to HRIS Selection’ guide to ensure system selection success.
