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

Lighthouse

One of my favorite activities every year is pulling together some of the insights of the previous year to highlight, and we’re already seeing 2025 movement right out of the gate with the Paychex acquisition of Paycor just announced. Looks like an exciting year ahead!

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Best enterprise HR software systems 

HiBob

The platform integrates core HR functions, like payroll, talent management, and workforce planning, into a unified cloud-based system. The platform integrates recruitment, compliance, and benefits management into one system and can also track time and attendance.

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HR Tech Awards 2025 Winners Announced

Lighthouse

Its a strong example of how agile, purpose-built analytics can address complex workforce planning challenges at scale. Core HR/Workforce Best Small-Business Focused Solution Paychex, Inc. Paychex is doing solid work for employers that need support with payroll, benefits, and compliance.

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

HR Brew

By the early 2000s, we werent fully connected yet, but email was up and running; internet was a thing, and more and more things are getting digitized, said Beaumont Vance, the SVP of data, analytics, and AI at Paychex. If you were big, you had on-prem servers. The cumulus cloud: AWS.

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Industry experts break down the Ultimate-Kronos mega-merger

HRExecutive

He explains that many other companies—from Gusto to Bamboo to Zenefits to Paychex to Paycor and more—are all selling integrated HCM products to small companies. When we talk about the future of work, these are the foundational drivers that will help organizations be more efficient in maintaining and developing their workforce,” he says.

Kronos 108
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Unveiling the winners: 2024 Top HR Tech Products of the Year

HRExecutive

This enables them to be more proactive and strategic in addressing current and future business needs through effective workforce planning and development. . - Advertisement - The best HR tech products support human resource leaders as they align their strategies more closely with overall business objectives.

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Key Roles and Responsibilities in an HR Department

Pingboard

When an online payroll system, for example, Paychex or Paycor , is integrated with other HR systems, such as the company org chart, this team can ensure that when an employee is hired and comes onto the payroll, they will also appear on the company org chart and have access to internal team information that is critical for their onboarding.