PeopleDoc

PeopleDoc is a cloud-based human resources service delivery and document management platform that was founded in France. In 2018, it was acquired by Ultimate Software for approximately $300 million.[1] PeopleDoc continues under that name as a division of UKG, the successor company of Ultimate Software.[2]

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
Websitewww.people-doc.com

In 2014, it was named a "Cool Vendor in Human Capital Management" by consulting firm Gartner.[3] Its customers include American Express, Fast Retailing, Georgetown University, Match.com, Starbucks and Motorola.[4] The company has also established partnerships with SAP SuccessFactors, 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 to assist HR administrative staff.

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

In August 2015, PeopleDoc sponsored a national HR survey, focused on the intersection of technology, HR, and how HR professionals are handling documents.[6]

In September 2015, PeopleDoc raised a $28 Million Series C round of investment led by Eurazeo, with existing investors Accel Partners, Alven Capital and Kernel Capital Partners participating as well.[7]

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

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.
  • The employee 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 and electronic signatures via a company branded portal.[9]

References
  1. "Ultimate Software is acquiring PeopleDoc for 300 million". techcrunch.
  2. "HR Service Delivery in the Cloud". UKG. Retrieved 27 November 2021.
  3. "Cool Vendors in Human Capital Management Software, 2014". www.gartner.com. Retrieved 2016-01-19.
  4. "Here are New York City's 10 Hottest French Startups – 2014 Edition". Rude Baguette. 9 September 2014. Retrieved 2016-01-21.
  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!". 16 November 2015. 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. "Ultimate Software to Buy PeopleDoc, Expands Europe Presence". www.nasdaq.com. July 18, 2018.
  9. "T3 – PeopleDoc". The Tim Sackett Project. 23 June 2015. Retrieved 2016-02-01.
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