PeopleDoc

PeopleDoc by Ultimate Software is a cloud-based HR service delivery & HR document management platform. With offices in New York City, Toronto, Paris, and Stuttgart, PeopleDoc by Ultimate Software provides SaaS (software as a service) solutions that service over 2.5 million users worldwide. Named by Gartner as a Cool Vendor in Human Capital Management in 2014,[1] PeopleDoc by Ultimate Software customers include American Express, Fast Retailing, Georgetown University, Match.com, Starbucks and Motorola,[2] among many others. The company has also established partnerships with SAP SuccessFactors, Workday, Grant Thorton LLP, PwC and Accenture. In 2018, the France-based company was acquired[3] by Ultimate Software, a U.S.-based HR technology company, for approximately $300 million.

PeopleDoc
TypePrivate
IndustryHuman Resources Information Technology
and Services
Founded2007
FoundersJonathan Benhamou
Clément Buyse
Headquarters
New York City
Area served
North America
Europe
Number of employees
420

History

PeopleDoc by Ultimate Software 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, the HR community took notice of the consumer document vault and asked the co-founders to design a product specifically for HR. PeopleDoc then developed cloud technology to assist HR administrative staff in their goals to improve efficiency, reduce operating costs, and automate processes.

In 2012, PeopleDoc raised €1.5M in Seed funding from Alven Capital and Kernel Capital Partners.[4]

In 2014, PeopleDoc expanded its human resources software service worldwide and raised a $17.5 million Series B round led by Accel Partners.[5]

In August 2015, PeopleDoc sponsored the Employee File Management Survey, a national HR Daily Advisor Research/BLR survey, focused on the intersection of technology, HR, and how HR professionals today are handling their workforce’s important documents.[6]

In September 2015, PeopleDoc raised a $28 Million Series C round of investment led by Paris-based Eurazeo while PeopleDoc’s existing investors — Accel Partners, Alven Capital and Kernel Capital Partners — participated as well.[7]

In 2018, the France-based technology company was acquired by Ultimate Software for $300 million in cash and stock.[8]

Software

PeopleDoc by Ultimate Software has four main components to their HR service delivery. Its HR Document Management system allows for employee and HR documents to be centralized from multiple sources, including paper and existing HR systems, and stored in the cloud. PeopleDoc's Employee Portal and Case Management enables companies to automate HR processes, ensure consistency and regulatory compliance, and improve employee satisfaction. Last but not least, their Employee Onboarding portal allows for electronic documents and electronic signatures via a company branded portal.[9]

Integrations

Services
  • Case Management and Knowledge Portal
  • HR Process Automation
  • Employee File Management
  • Advanced Analytics
  • Employee Onboarding
  • HR Shared Services
  • MyPeopleDoc employee vault

References
  1. "Cool Vendors in Human Capital Management Software, 2014". www.gartner.com. Retrieved 2016-01-19.
  2. "Here are New York City's 10 Hottest French Startups - 2014 Edition". Rude Baguette. Retrieved 2016-01-21.
  3. "Ultimate Software is acquiring PeopleDoc for 300 million". techcrunch.
  4. "PeopleDoc | CrunchBase". www.crunchbase.com. Retrieved 2016-01-19.
  5. Chapman, Lizette (2014-05-15). "Happy to Be in U.S., PeopleDoc Raises $17.5M Led by Accel for HR Software". Retrieved 2016-01-19.
  6. "Check Out the 2015 Employee File Management Survey Results!". Retrieved 2016-01-19.
  7. "PeopleDoc pulls in $28M in Series C funding - New York Business Journal". New York Business Journal. New York Business Journal. Retrieved 2016-01-19.
  8. https://www.nasdaq.com/article/ultimate-software-to-buy-peopledoc-expands-europe-presence-cm992987
  9. "T3 – PeopleDoc". The Tim Sackett Project. Retrieved 2016-02-01.
  10. "Workday". yahoo.
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