HiBob acquires Mosaic in ‘game-changing’ move to bridge HR and finance gap for mid-sized businesses

Financial planning and analysis platform Mosaic has been acquired by HR tech platform HiBob, with the aim of bringing workforce strategy and financial outcomes together.

The acquisition will help mid-sized businesses make smarter, more connected decisions, by investing in people connecting workforce strategies to financial success.

HiBob will utilize Mosaic’s FP&A capabilities in the business to increase scalability, by helping better align workforces with financial goals.

How will the deal benefit customers?

By acquiring Mosaic, HiBob will leverage the company's “intuitive” and “powerful” influence to transform financial planning into a streamlined process with a forward-looking strategy.

CFOs and HR leaders will also be better connected with workforce planning, compensation strategies, and financial forecasting, as the deal aims to bridge the critical link between HR and finance.

To achieve this, customers will receive “real-time insights” as to how their people strategies are driving business success while ensuring decision-makers are well equipped to make “smarter, data-driven choices” to positively impact a business's employees and bottom line.

HiBob’s CEO Ronni Zehavi says exclusively to UNLEASH: "When financial planning integrates with HR, it creates a common language rooted in data and analytics, empowering HR leaders to drive strategic decisions alongside finance. People are the largest investment a business makes—through salaries, training, and development—so aligning workforce planning with financial realities is a game changer.

Without this integration, HR’s ability to demonstrate its strategic impact is fragmented. By embedding Mosaic’s planning expertise into our platform, HiBob is bridging the gap between HR and finance, enabling businesses to make evidence-based decisions that drive long-term success."Without this integration, HR’s ability to demonstrate its strategic impact is fragmented. By embedding Mosaic’s planning expertise into our platform, HiBob is bridging the gap between HR and finance, enabling businesses to make evidence-based decisions that drive long-term success."

Posting on LinkedIn, Toby Hough, HiBob’s Senior People & Culture Director, EMEA added: “This acquisition empowers CFOs and HR leaders with real-time insights into workforce productivity and financial outcomes, creating a people-first approach to sustainable growth. After all, putting people first is putting business first.”

HiBob is expecting the partnership to grant customers real-time insights that connect workforce productivity to financial outcomes, while also offering advanced tools for budgeting, scenario planning, and compensation analysis.

It will also allow businesses to see the direct impact employee engagement and productivity is having on financial performance while ensuring HR and finance can be aligned to drive sustainable growth.

Stay tuned for more updates, and more M&A news.