article thumbnail

Paychex moves to acquire Paycor

HR Brew

Paychex, a leading payroll and HCM software company, moved to acquire Cincinnati-based rival, Paycor, for $4.1 Paychex, a leader in payroll solutions for small and medium businesses, provides pay checks for one in 12 Americans in the private sector. Paychexs CEO and president, John Gibson Jr.,

Paychex 285
article thumbnail

What’s changed in HR tech since 2021? New research offers a snapshot

HRExecutive

. - Advertisement - New research from Forrester and HR Executive compares data on HR priorities from these two years, with analyst Katy Tynan saying there are still common disconnects between HR leadership, executives and the workforce. Get advice from Elissa Tucker , principal research lead of human capital management at APQC.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cloud reshaped HR from a paper-pushing function to a data-driven powerhouse critical to business success.

HR Brew

So there was a very strong segmentation of early-career people, mid-level management, and senior leadership, and companies were a little more stable. Enterprise Resource Planning (ERP) systems, while by no means new by the early 2000s, reshaped how companies planned and organized all their enterprise systems, including human capital.

article thumbnail

Payroll’s big technology shift: From ‘printing checks’ to strategic force

HRExecutive

These factors collectively highlight what industry professionals have long understood: Payroll is critical in both risk management and enabling organizational strategy, while being connected to nearly every people-related decision a company makes. Lierheimer of Paychex agrees. What’s driving the shift?

article thumbnail

2024 HR Tech M&A Activity: A Year of Resilience and Growth

Lighthouse

These trends underscore the continued evolution of HR technology as a critical enabler of business success, especially as companies focus on skills, retention, and employee well-being in a competitive labor market. If you’re an employer, check out the Awards for ideas on which solutions might be right for your needs.

article thumbnail

2024 Top HR Tech Products of the Year: Phenom Automation Engine

HRExecutive

By automating tedious tasks, such as candidate sourcing, screening and scheduling, the engine accelerates hiring and enhances candidate experiences. What it is: The Phenom Automation Engine transforms talent acquisition and management by integrating advanced automation into every stage of the talent lifecycle.

article thumbnail

Money matters: Is financial wellness tech the hottest employee perk of 2025?

HRExecutive

Advertisement - Lee, founder of the enterprise employee rewards company Salt Labsnamed one of the 2024 Top HR Tech Products of the Year and recently acquired by the digital bank Chimeexplains, If someone doesnt feel financially healthy, they will blame their wage. less than two years.