HiBob, the company behind the global Human Capital Management (HCM) platform Bob, has announced its acquisition of cloud-based Financial Planning and Analysis (FP&A) platform Mosaic.
The deal, which is subject to closing conditions, will enable HiBob to deliver an integrated solution aimed at helping mid-market companies enhance workforce productivity and align financial planning with HR strategies.
This acquisition underscores HiBob’s commitment to innovation in the mid-market sector, where businesses are increasingly seeking tools that bridge financial management with workforce strategy. By integrating HiBob’s people management capabilities with Mosaic’s advanced FP&A tools, organisations will gain real-time insights into workforce impact on business performance. This combination is expected to drive efficiency, reduce costs, and foster better collaboration between HR and finance teams.
HiBob CEO Ronni Zehavi said, “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 that builds on our existing suite of workforce planning, compensation management, payroll, and analytics offerings.
“This new, integrated offering will help CFOs embrace a modern, people-first approach to managing their business, turning their workforce from a line item in their P&L into a strategic driver of growth. It marks an exciting step forward in bridging financial performance with human impact, giving managers and executives the visibility and tools they need to maximize their greatest asset: their people.”
Mosaic CEO Bijan Moallemi echoed this sentiment, stating, “Mosaic was built on the vision of transforming financial planning into a more dynamic, forward-looking process that enables strategic decision-making. Joining forces with HiBob enables us to extend that vision to the people side of the business. Together, we’re giving people-first CFOs, CHROs, and CEOs the tools they need to lead with confidence and clarity in an increasingly complex business environment.”
HiBob plans to prioritise product synergy between Bob and Mosaic, strengthening their existing integration and embedding Mosaic’s financial planning capabilities into Bob’s platform. Mosaic’s current customers will continue to receive full support throughout the transition.
HiBob has established itself as a leader in HR innovation, with its platform Bob used by over 4,400 global businesses, including Huel, Fresha, what3words, Funding Circle, and GoCardless.
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