Jun 01, 2023 / 03:25PM GMT
Unnamed Participant -
With us today, we have TriNet CEO, Burton Goldfield. Thank you for joining us today. For those not familiar with TriNet, it historically has been a pure-play PEO, but following its early 2022 acquisition of Zenefits, it has evolved to become a diversified SMB HCM vendor with both the PEO and a standalone SaaS offering.
Thank you for joining us, Burton, today. We want to make this pretty interactive. Any questions, feel free to interrupt or raise your hand and we're happy to kick it off here.
Questions and Answers:
Unnamed Participant -So Burton, to start, can we level set on the demand environment? How would you describe the current state of the demand environment in the US for SMB HCM offerings currently?
Burton Goldfield - TriNet Group, Inc. - President & CEO
The SMBs that we're dealing with have been very resilient. It's obviously a challenging time with respect to access to capital, the legal and regulatory environment, health care, et cetera. But all in all, the small medium businesses