Paycor Acquires Newton Software to Create an all-in-one HR Solution built on Client Innovation, Customer Success, and Intuitive Design
December 9, 2015
Paycor, providing companies with intuitive, cloud-based workforce management software, today announced that privately-held San Francisco-based Newton Software will become a distinct business unit within the company. With this acquisition, Paycor adds a best-of-breed applicant tracking system to its all-in-one HR solution specially designed for small and medium-sized employers. The union adds to Paycor’s strategy, aggressively strengthening their offering in the talent acquisition arena. Paycor is already relied upon by 30,000 clients for HR, time and attendance, payroll, onboarding and the particularly relevant, ACA reporting filing.
Together, Paycor and Newton create a game-changing, integrated HCM offering. Clients will benefit from unique and modern functionality, which takes an employer from job opening to payroll on a single platform. Entrepreneurs and HR professionals alike will be relieved of many of the burdens of hiring, managing employee data and compliance.
Recognized as the 5th fastest growing cloud app of Q1 2015 by Skyhigh Networks, Newton’s mobile-ready, intuitive hiring platform complements Paycor’s award-winning HR solutions that are similarly designed specifically for small to medium-sized employers. Together, Paycor and Newton will continue to innovate their technology platform to provide organizations with the automation to tackle the business of HR.
Paycor CEO Bob Coughlin said, “Beyond great technology, the acquisition of Newton Software brings a group of talented people to Paycor. They will help us continue to deliver a broad range of products and services that empower organizations to hire, manage and care for their employees. I’m thrilled to welcome them to the team.”
Newton Software CEO Steve Hazelton added, “This merger allows us to accelerate the development of our award winning products with an organization that shares our values. It’s truly a win for our customers and our employees.”
Serving employers across all 50 U.S. states, Paycor will use Newton Software’s San Francisco and Fort Collins, Colo. offices as anchors for its expanding West Coast operations.
Newton is the leading applicant tracking system designed to help small and medium-sized employers hire. The company was started in 2009 by corporate recruiters with the goal of developing hiring software that improves recruiting processes by offering powerful products that are easy-to-use, easy-to-purchase and easy-to-activate. Today, Newton is used by over 1,200 employers that enjoy great customer service, free support, an intuitive product and constant innovation. For more information, visit newtonsoftware.com.
People are at the core of Paycor. Serving more than 30,000 small and medium-sized organizations, Paycor is known for delivering amazing client experiences combined with modern and intuitive HR and payroll solutions. Paycor's personalized support and intelligent technology ensure that key business processes, including timekeeping, reporting, onboarding, and recruiting, run smoothly across your business. Paycor is the trusted partner for brokers, bankers and CPAs. Learn how Paycor can advance your business by connecting with us at Paycor.com | Twitter | LinkedIn | Facebook.
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