HiBob Acquires Mosaic: Transforming HR and Finance Integration for Mid-Market Enterprises

HiBob, a leader in the Human Capital Management (HCM) sector, has made headlines with its recent acquisition of the cloud-based Financial Planning and Analysis (FP&A) platform, Mosaic. This strategic move is designed to provide mid-market companies with an integrated solution that enhances workforce productivity while aligning financial planning with human resources strategies.

Empowering Mid-Market Companies with Integrated Solutions

This acquisition highlights HiBob’s commitment to innovation, particularly in the mid-market segment where businesses increasingly seek tools that merge financial management with workforce strategy. By combining HiBob’s advanced people management capabilities with Mosaic’s sophisticated FP&A tools, organizations can expect:

• Real-time insights: Understand the impact of workforce dynamics on business performance.
• Increased efficiency: Streamline operations and reduce costs.
• Enhanced collaboration: Foster better communication between HR and finance teams.

Quotes from Leadership

HiBob’s CEO, Ronni Zehavi, emphasized the importance of a people-first approach in business management. He stated, “At HiBob, we’ve always believed that putting people first is how you put business first. By embedding Mosaic’s planning expertise in our platform, we’re introducing a fully integrated HR and financial planning solution.”

This integration is set to transform how CFOs manage their businesses, turning workforce management from a mere line item in financial reports into a strategic driver of growth. Zehavi added, “It marks an exciting step forward in bridging financial performance with human impact, giving managers the tools they need to maximize their greatest asset: their people.”

Mosaic’s Vision for Financial Planning

Mosaic’s CEO, Bijan Moallemi, echoed similar sentiments, noting that the collaboration allows for a more dynamic financial planning process that supports strategic decision-making. He remarked, “Joining forces with HiBob enables us to extend that vision to the people side of the business, providing the necessary tools for CFOs, CHROs, and CEOs to lead with confidence.”

Future Plans and Customer Support

HiBob intends to prioritize product synergy between Bob and Mosaic, enhancing their existing integration and incorporating Mosaic’s financial planning capabilities directly into the Bob platform. Current customers of Mosaic will continue to receive full support throughout this transition.

HiBob’s Established Presence in the Market

HiBob has solidified its position as a leader in HR innovation, with its platform, Bob, currently utilized by over 4,400 global businesses, including notable names like Huel, Fresha, what3words, Funding Circle, and GoCardless.

For further information on HiBob’s offerings and updates, visit their official website at HiBob.