HireRoad | August 23, 2022
HireRoad, a leading provider of cloud-native end-to-end talent management and insight software, today announced the acquisition of PeopleInsight, a provider of powerful yet intuitive workforce analytics software. PeopleInsight's technology seamlessly ingests, normalizes, and correlates data from any HR system, making it easy for customers to analyze data across all their HR systems in one place. By unifying data across numerous systems, users are able to uncover previously hidden insights that their companies can use to make timely and informed decisions.
PeopleInsight's out-of-the-box solution quickly and effortlessly connects all relevant HR, talent, and people data sources, including Workday, Oracle, HireRoad, Taleo, ADP, SAP Successfactors, Greenhouse, Jobvite, and even home-grown solutions to deliver a configurable HR data cloud, personalized to the customer's specific needs and business priorities.
The acquisition of PeopleInsight further enhances the value of HireRoad's modern and highly automated talent management platform by both adding advanced data analytics features to the core platform and allowing customers to pull in data from other third-party systems to access new insights. This acquisition comes on the heels of other exciting news at HireRoad including a global rebranding that occurred earlier this year and the launch of the company's talent management platform in Australia and New Zealand last month.
"Analytics continue to be a challenge for HR professionals, especially in mid-sized organizations, They often don't have the resources for a data warehouse and a dedicated staff to perform analyses, yet they have the same desire for actionable data and many of the same complex business needs as larger organizations."
-Otto Berkes, CEO of HireRoad
PeopleInsight's founders, CEO John Pensom, COO Steve Johnson, and VP Lynne Russell have always been passionate about the power of data and the value it can create when harnessed properly. By unifying data from disparate HR technologies, we allow decision-makers to spend time analyzing information and planning for the future rather than translating data and making spreadsheets, We are delighted to expand access to our platform on a global scale. In HireRoad we have found a great partner for the next chapter of our company's journey,Pensom said.
We have been impressed with PeopleInsight's approach in supporting their customers and delivering exceptional service, and we are excited to join forces with their talented team as we accelerate our global work together, said Berkes, who has a track record of creating transformational products including the Xbox and HBO Go.
The acquisition of PeopleInsight marks HireRoad's third acquisition since Strattam Capital's majority investment in 2018 to add novel functionality to the company's platform and accelerate growth.
HireRoad is a leading provider of cloud-based talent management software that changes the definition of "being hired" to include everything on the journey from job posting to job success. The company's innovative software, developed by veteran industry experts, provides you the ability to attract, hire, onboard, and train the right people so they thrive in your organization.
PeopleInsight is a multi-source people analytics platform built to unify a company's disparate sources of HR, talent, people and productivity data. Founded in 2012, PeopleInsight accelerates data-driven HR at a fraction of the cost, time and risk of an in-house build.
About Strattam Capital
Strattam Capital invests in founder-led independent B2B software and technology companies across North America. We believe in aligning with founders and CEOs before signing, via their Five-Point Plan process to allow execution with purpose, excitement, and efficiency.�� Headquartered in Austin, TX, we connect companies with the people, process, and scale needed to reach their potential.
Paychex | September 14, 2022
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has announced an enhanced user experience to Paychex Flex®, the company's SaaS-based HR software solution, a new conversational artificial intelligence (AI) feature called Paychex Voice Assist. Paychex Voice Assist enables payroll admins to run payroll through any Google Assistant-compatible device for a hands-free experience, simplifying and automating the payroll process with the sound of a verified user's voice. Capabilities of the feature include starting a pay period or acting on one already in progress, applying standard pay, making adjustments, reviewing totals, and submitting payroll for processing through a robust and resilient AI assistant with built-in verifications for user authentication
Paychex is the first HCM solutions provider to offer voice-activated payroll. Leveraged with the HCM capabilities of Paychex Flex, Paychex Voice Assist allows busy business leaders and payroll admins to receive real-time notifications with payroll data insights, review and adjust hours and pay rates, and submit checks for payday. The feature also helps to reduce the administrative burden of logging into a payroll system by allowing users to process payroll using Google Assistant-enabled devices—whether that's a phone, smartwatch, speaker, or smart display.
According to a 2022 Paychex analysis of Paychex Flex user data, more than a third of payroll administrators have submitted payroll for their employees from multiple remote locations within a one-month period, demonstrating the need for technology solutions that drive efficiency and improve workflows.
"At Paychex, we're constantly monitoring data, market challenges, and consumer technology trends to innovate to meet the needs of our clients, Paychex Voice Assist was created to drive efficiency, empowering business leaders to manage payroll within seconds from anywhere and at any time."
-Tom Hammond, vice president of Corporate Strategy and Product Management at Paychex
Security & Privacy
Paychex Voice Assist was built with a layered approach for authentication that includes a secure voice pin, voice match technology, and account lock checkpoints as Paychex Flex users engage with the Google Assistant technology to ensure proper verification. To help prevent fraudulent activity, the feature is only available to run payroll for existing employees that have been set up in Paychex Flex.
We're thrilled to be partnering with Paychex, bringing the power of Google Assistant to human resources professionals around the U.S., This industry-first product demonstrates voice technology's ability to transform the way we work, enabling hands-free, seamless payroll processing wherever you're located,said Rebecca Nathenson, Director of Product Management at Google.
Attendees of the 2022 HR Technology Conference & Expo in Las Vegas this September 13-16 will be the first in the industry to test Paychex Voice Assist on the expo floor. Devices with interactive demos will be available at the Paychex booth (#3410) for attendees to experience the capabilities of Paychex Flex and the benefits of an all-in-one HR platform. Paychex experts will also present two in-person educational sessions during the conference highlighting the technology solutions available for today's HR professionals and how businesses can make decisions with HR analytics and reporting. For a complete overview of how to connect with Paychex at HR Tech, visit pages.paychex.com/HR-Tech-Fall-2022.
Paychex, Inc. is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex serves more than 730,000 payroll clients as of May 31, 2022 in the U.S. and Europe, and pays one out of every 12 American private sector employees.
HR ANALYTICS,HR STRATEGY
Culture Partners | September 28, 2022
Culture Partners and UKG have formed a strategic collaboration to help organizations activate culture to create more people-centric experiences, further driving and sustaining business growth. This partnership marries UKG award-winning HCM solutions with Culture Partners' research-based culture management strategies, delivering a unique combination designed to guide organizations through culture transformation initiatives to elevate performance and achieve measurable results. This alliance represents an unmatched combination of culture alignment strategies that will provide businesses and their people with the opportunity to reach their full potential.
"Culture is what ultimately determines business performance and success, This alliance with UKG will help organizations navigate the critical intersection of employee behavior and company process, policy, and technology, in order to more successfully navigate high impact culture change initiatives."
-Joe Terry, CEO at Culture Partners
Culture Partners is a leader in results-driven culture transformation. Using human industrial-organizational psychological methods, Culture Partners helps organizations embark on a Culture Journey that activates research-based tools, methods, and intentions to cultivate employee ownership through experiences, beliefs, and actions. UKG is a leader in HCM cloud solutions, and its differentiated Life-work Technology™ approach to HR, payroll, and workforce management solutions for all people helps organizations anticipate and adapt to their employees' needs beyond just work.
In addition to the strengths of UKG and Culture Partners in driving engaged culture is the expertise of the Great Place to Work Institute, which UKG acquired in 2021. Great Place to Work helps organizations with employee-centric insights that can be combined with UKG HCM solutions and Culture Partners' data-driven approach to assess, benchmark, and enhance culture by improving organizational health, elevating the life-work journey, and giving an even greater voice to the employee.
Our Life-Work Technology approach to solution design provides autonomy, flexibility, and purpose to people while fostering skills development and creating high-performing teams that drive business success, For the same reasons we brought Great Place to Work into the UKG family, this collaboration with Culture Partners continues our journey to bring organizations access to research-based strategies and consulting services to create workplaces where all people can find purpose and a sense of belonging,said Patrick Lannon, Vice President of Global Alliances at UKG.
Getting a Return-On-Culture is possible if you can activate it swiftly and correctly, Aligning our two companies through technology will bring together the best of AI-powered tools and human-centered insights to accelerate the reach and impact of both Culture Partners and UKG and guide all our clients in getting real business results with employees who feel fulfilled,said Dr. Jessica Kriegel, Chief Scientist of Workplace Culture at Culture Partners.
About Culture Partners
For more than 30 years, Culture Partners has been a leader in results-driven culture transformation for thousands of organizations globally. Using human industrial-organizational psychological methods, Culture Partners helps organizations embark on a Culture Journey that activates research-based tools, methods, and intentions to cultivate employee ownership through experiences, beliefs and actions. Its holistic culture management frameworks have curated performance-driven cultures for some of the world's most powerful brands, including Ford Motor Company, Bayer, Tiffany & Co., Johnson & Johnson, Hormel, Lockheed Martin, and thousands more.