In early June 2023, UKG, provider of full-suite software for human capital management, announced its intent to acquire Immedis, provider of global payroll technology and services. Following the completion of the acquisition will come the availability of UKG OneView, an evolution of Immedis’ groundbreaking new software-as-a-service (SaaS) product for global payroll.

Background

Bereft of in-house capabilities to support global payroll, many vendors of full-suite software for HCM encounter limits to their aspirations to expand internationally. To combat this, some partner with global payroll point solutions. For a while, this was the case with UKG and Immedis, perhaps the most capable of the notable late-stage startups in global payroll. Immedis’ technology and services support global payroll in more than 20 languages across 160 countries. Unlike many competitors, Immedis has been innovating very quickly in all the components comprising modern global payroll.