PeopleDoc is a cloud-based
human resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...
service delivery and
document management
A document management system (DMS) is usually a computerized system used to store, share, track and manage files or documents. Some systems include history tracking where a log of the various versions created and modified by different users is r ...
platform founded in France. In 2018, it was acquired by
Ultimate Software
Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. Headquartered in Weston, Florida, the company was founded in 1990 b ...
for approximately $300 million.
PeopleDoc continues under that name as a division of
UKG, the successor company of Ultimate Software.
In 2014, it was named a "Cool Vendor in Human Capital Management" by consulting firm
Gartner
Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...
. Its customers include
American Express
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was found ...
,
Fast Retailing
is a public Japanese multinational retail holding company.
In addition to its primary subsidiary Uniqlo, it owns several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory.
History
The company was f ...
,
Georgetown University
Georgetown University is a private university, private research university in the Georgetown (Washington, D.C.), Georgetown neighborhood of Washington, D.C. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789 as Georg ...
,
Match.com
Match is an online dating service with web sites serving over 50 countries in twelve languages. Its headquarters are in Dallas, Texas. The company has offices in Dallas, West Hollywood, San Francisco, Tokyo, Rio de Janeiro, and Beijing. Match is ...
,
Starbucks
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain.
As of November 2021, the company had 33,833 stores in 80 ...
and
Motorola
Motorola, Inc. () was an American multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent public companies, Motorola ...
. The company has also established partnerships with
SAP SuccessFactors
SAP SuccessFactors is an American multinational company headquartered in South San Francisco, California, providing cloud-based software for human capital management using the Software as a service (SaaS) model.
Competitors include Workday, ...
,
Workday, Grant Thorton LLP, PwC and Accenture.
History
PeopleDoc started as Novapost in 2007, on the campus of the
HEC Business School in Paris as an idea to provide a unified digital file management system.
In 2009, PeopleDoc started developing
cloud technology
Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mult ...
to assist HR administrative staff.
In 2014, PeopleDoc expanded its
human resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...
software service and raised a $17.5 million Series B round led by
Accel Partners
Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional ...
.
In August 2015, PeopleDoc sponsored a national HR survey, focused on the intersection of technology, HR, and how HR professionals are handling documents.
In September 2015, PeopleDoc raised a $28 Million Series C round of investment led by
Eurazeo
Eurazeo is a French investment company formed by the merger of Azeo and Eurafrance in April 2001. The company is headquartered in Paris. Eurazeo is a leading global investment group, with a diversified portfolio of €25.6 billion in assets und ...
, with existing investors Accel Partners, Alven Capital and Kernel Capital Partners participating as well.
In 2018, the company was acquired by
Ultimate Software
Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. Headquartered in Weston, Florida, the company was founded in 1990 b ...
for $300 million in cash and stock.
Software
PeopleDoc's human resources service delivery is composed of four main components :
* The ''HR document management'' ''system'' allows for employee and HR documents to be centralized from multiple sources, including paper and existing human resources systems, and stored in the
cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...
.
* The e''mployee portal'' and the ''case management system'' both enable companies to automate HR processes, ensure consistency and
regulatory compliance, and improve employee satisfaction.
* The ''employee onboarding portal'' allows for
electronic documents
An electronic document is any electronic content (media), media content (other than computer programs or system files) that is intended to be used in either an electronic submission, electronic form or as printed output. Originally, any data (comp ...
and
electronic signature
An electronic signature, or e-signature, is data that is logically associated with other data and which is used by the signatory to sign the associated data. This type of signature has the same legal standing as a handwritten signature as long as ...
s via a company branded portal.
References
{{Reflist
Software companies established in 2007
American companies established in 2007
Software companies based in New York (state)
Document management systems