Techrseries Weekly Newsletter
HRTech Series
HRTech Series covers the emerging trends and latest development in HR Technology via News, Interviews and Analysis.
INTERVIEW OF THE WEEK
NEWS OF THE WEEK
It’s no secret the U.S. workforce is aging — and a closer look reveals that the No. 1 occupation for workers age 50 and over is management. As executives and managers head toward retirement, American businesses not only lose their institutional knowledge but also their leadership. Succession planning is vital. To equip people with the skills they need to thrive as managers, SkillPath’s instructor-led, group training programs are designed to help organizations develop a strong pipeline of leaders. These courses are all delivered live by experienced facilitators and tailored to the individual organization. Applying the servant leadership philosophy, SkillPath’s suite of leadership programs prepare the next generation by teaching people to manage themselves, develop others and lead the organization. Read Now......
Crosschq ’s End-to-End AI-Driven Hiring Intelligence Platform, Including Insights and Voice, Now Available on SAP Store
Crosschq’s AI Hiring Intelligence Suite delivers comprehensive insights and analytics to improve recruiting and Quality of Hire for Success Factors customers. Crosschq, the world’s first AI-Driven Hiring Intelligence platform purpose-built to increase Quality of Hire, announced that its Crosschq Insights and Crosschq Voice solutions are now available on SAP® Store, the online marketplace for SAP and partner offerings. Both Crosschq Insights and Crosschq Voice integrate with SAP Success Factors and deliver comprehensive insights and analytics to improve recruiting and Quality of Hire for SAP customers. Read Now....
Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
Acquisition to expand Paylocity’s total addressable market to the Office of the CFO and provide capabilities for clients to holistically manage all business-related spend on a consolidated platform.Paylocity, a leader in cloud-based HR and payroll software solutions, announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of Paylocity’s suite and will deliver incremental integrated value to HR and finance leaders in managing all of their spend on a single platform – expanding the Paylocity total addressable market beyond HCM and further into the Office of the CFO. Read Now........
This fundraise enables the company to scale the impact of global employment, making these practices compliant and equitable for all. Oyster, the global employment solution to employ, pay, and care for distributed teams, raised $59M in Series D funding, led by Silver Lake Waterman, with participation from existing investors, including Emergence Capital, Stripes, Georgian, G2 Venture Partners, and Endeavor Catalyst. The investment will enable Oyster to accelerate its platform roadmap, scale its impact, improve its customers’ compliance posture, and enhance its customers’ ability to attract and retain top talent. Over 40% of Team Members employed on the Oyster platform are in emerging markets and Oyster remitted hundreds of millions to emerging markets in 2023. This fundraise values the company at $1.2B and brings its total funding to $286M. Read More......
Joget, Inc. , a global innovator in next-generation enterprise application development, announced the launch of the Joget EIE (Education, Innovation, Entrepreneurship) Program, a new initiative designed to foster community growth, inspire creativity, and support entrepreneurial ventures. This program aims to bridge the gap between education and industry, enhancing skills and driving innovation across the globe. “Joget EIE (Education, Innovation, Entrepreneurship) Program brings significant opportunity for youth, educators, and startup entrepreneurs,” said Dato’ Steve Cheah, Chairman of UNESCO EE NET Thailand Chapter, and Founder of GEN Thailand. It offers a powerful jumpstart in their journey in innovation and entrepreneurship, providing them with the ecosystem they need to thrive and compete on a global scale.” Read Now.............
New Research by the BCG Henderson Institute Examines Impact of GenAI on Consultants’ Performance of Data Science Tasks Beyond Their Existing Capabilities. Generative AI (GenAI) is creating a new type of knowledge worker who can code faster and summarize documents instantly. But can the tool also enable people to meet the shifting demands of their roles? A new scientific experiment conducted by the BCG Henderson Institute in collaboration with BCG X and Emma Wiles from Boston University, as described in GenAI Doesn’t Just Increase Productivity. It Expands Capabilities, examines what happens when, instead of using GenAI to improve performance within their current skillset, people use the technology to complete tasks beyond their existing capabilities. Read Now......
GUEST INSIGHTS OF THE WEEK
Enhancing Financial Wellness Beyond Paychecks
Einat Steklov is Founder of Kashable and Coral Capital
The Big Short – How Accounting Firms Can Fight the Labor Gap
Paul Wnek is Founder & CEO at Coalescence Cloud & ExpandAP
AI and the Future of Staffing
Jeremy Bilsky is the Senior Director and General Manager at Advance Partners
MUST READ
HRTech Talk by HRTech Series Featuring Appspace
Catch this HRTech Talk by HRTech Series featuring Holly Grogan, Chief Experience Officer, Appspace where we discuss the nuances around HRTech adoption patterns and why tech brands need to align better on using HRtech to drive both, the customer and employee experience.
Listen now!