UKG announced the agreement to acquire Inova Payroll, a major provider of payroll solutions. The acquisition expands UKG’s suite of workforce management technology and payroll solutions. In addition, it enables UKG to offer its customers a more seamless integration of HR and payroll. The union of two companies is aligned with UKG’s strategy of extending its global workforce management capabilities.
“Inova has been a trusted UKG Ready partner since 2007, helping thousands of small. Mid-sized businesses level the playing field against larger competitors by unlocking productive, efficient, and flexible workplace experiences. Especially for SMBs with frontline teams,” said Arlen Shenkman, President and Chief Financial Officer at UKG. “Together, Inova and UKG will have an even greater impact on the SMB market segment, combining UKG’s technology. Scale with Inova’s deep service expertise to deliver best-in-class frontline employee experiences that drive exceptional customer value.
Inova Payroll Strengthens UKG’s Workforce and Payroll Ecosystem
Inova Payroll provides cloud-based payroll, compliance, and reporting solutions that can scale to any size of business. The initiative will allow UKG customers to streamline their payroll activities and take the HR function to a higher level. Moreover, the Inova platform complements perfectly with UKG’s existing workforce management solutions.
“Joining UKG marks an exciting new chapter for Inova. It allows us to bring our service-driven approach to an expanding community of small and mid-sized businesses Seeking. A technology platform that simplifies how they schedule, manage, engage, & inspire their employees,”said Joe Schweppe, CEO at Inova Payroll. “Inova’s commitment to empathy, kindness, superior service, and innovative solutions has never been more achievable. Our team and clients will benefit from direct access to enhanced product development. While UKG gains the advantage of our deep expertise in attracting and supporting small and mid-sized businesses.”
Industry insiders say that the merger of workforce management and payroll platforms can result in significant operational efficiencies. The agreement is consistent with UKG’s commitment to sustainable growth in the HR tech and global payroll sectors. Consequently, customers will benefit from improved productivity, accuracy, and regulatory compliance. UKG expects the transaction to be completed in the first half of 2026, subject to regulatory approvals.
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News Source: Businesswire.com
