Fastest Growing HR Tech Companies in Australia

Top 10 Companies in the HR Tech Industry in Australia

1. Employment Hero

• Company Name: Employment Hero

• Website: employmenthero.com

• Background: Founded in 2014, Employment Hero offers a comprehensive HR, payroll, and employee benefits platform. It aims to streamline HR processes for small to medium-sized businesses.

• Key Products/Services: HR software, payroll solutions, employee benefits, compliance tools.

• Estimated Revenue (2023): $100 million

• Key Growth Drivers: Increasing adoption of cloud-based HR solutions, expansion into new markets, and continuous product innovation.

• Adverse News: Challenges in scaling operations and maintaining service quality.

2. Elmo Software

• Company Name: Elmo Software

• Website: elmosoftware.com.au

• Background: Elmo Software, founded in 2002, provides cloud-based HR, payroll, and rostering solutions. It serves businesses of all sizes across various industries.

• Key Products/Services: HR software, payroll solutions, rostering and time management.

• Estimated Revenue (2023): $300 million

• Key Growth Drivers: Increasing demand for integrated HR solutions, product innovation, and expansion into new markets.

• Adverse News: Customer complaints regarding software integration issues.

3. PageUp

• Company Name: PageUp

• Website: pageuppeople.com

• Background: PageUp, founded in 1997, provides talent management software that includes recruitment, onboarding, learning, performance management, and succession planning.

• Key Products/Services: Talent management software, recruitment, onboarding, performance management.

• Estimated Revenue (2023): $200 million

• Key Growth Drivers: Strong customer relationships, continuous product development, and expansion into international markets.

• Adverse News: Market competition and integration challenges with other HR systems.

4. Ascender

• Company Name: Ascender

• Website: ascenderhcm.com

• Background: Ascender, established in 2003, is a leading provider of payroll and human capital management (HCM) solutions in the Asia-Pacific region.

• Key Products/Services: Payroll solutions, HR software, workforce management, and analytics.

• Estimated Revenue (2023): $250 million

• Key Growth Drivers: Expansion of service offerings, technological advancements, and strong regional presence.

• Adverse News: Regulatory compliance challenges and operational issues.

5. HiBob

• Company Name: HiBob

• Website: hibob.com

• Background: HiBob, founded in 2015, offers a modern HR platform called Bob, designed to meet the needs of fast-growing companies. The platform includes core HR, benefits, and employee engagement tools.

• Key Products/Services: HR software, employee engagement, benefits management, and analytics.

• Estimated Revenue (2023): $180 million

• Key Growth Drivers: Increasing demand for employee engagement solutions, continuous product innovation, and expansion into new markets.

• Adverse News: Market competition affecting growth rates.

6. Workday Australia

• Company Name: Workday Australia

• Website: workday.com

• Background: Workday, founded in 2005, is a global leader in enterprise cloud applications for finance and human resources. Workday Australia provides tailored solutions for the Australian market.

• Key Products/Services: Human capital management (HCM) software, financial management, analytics.

• Estimated Revenue (2023): $800 million

• Key Growth Drivers: Strong brand reputation, comprehensive product suite, and increasing adoption of cloud-based HR solutions.

• Adverse News: Integration challenges with legacy systems.

7. Ceridian Australia

• Company Name: Ceridian Australia

• Website: ceridian.com

• Background: Ceridian, founded in 1992, offers human capital management software called Dayforce. The platform provides HR, payroll, benefits, and talent management solutions.

• Key Products/Services: HR software, payroll, talent management, benefits administration.

• Estimated Revenue (2023): $500 million

• Key Growth Drivers: Increasing demand for integrated HR solutions, technological innovation, and strong market presence.

• Adverse News: Customer support and service delivery challenges.

8. Humanforce

• Company Name: Humanforce

• Website: humanforce.com

• Background: Humanforce, founded in 2002, provides workforce management solutions that include rostering, time and attendance, and employee engagement tools.

• Key Products/Services: Workforce management software, time and attendance, rostering, employee engagement.

• Estimated Revenue (2023): $150 million

• Key Growth Drivers: Increasing focus on workforce efficiency, product innovation, and expansion into new industries.

• Adverse News: Integration challenges with other HR systems.

9. Employment Innovations

• Company Name: Employment Innovations

• Website: employmentinnovations.com

• Background: Employment Innovations, established in 1992, offers HR, payroll, and legal services to businesses in Australia. The company focuses on simplifying compliance and improving HR processes.

• Key Products/Services: HR software, payroll solutions, legal services, compliance tools.

• Estimated Revenue (2023): $100 million

• Key Growth Drivers: Demand for compliance solutions, strong customer support, and comprehensive service offerings.

• Adverse News: Regulatory challenges and market competition.

10. intelliHR

• Company Name: intelliHR

• Website: intellihr.com

• Background: intelliHR, founded in 2013, provides cloud-based people management and analytics software designed to improve HR processes and employee engagement.

• Key Products/Services: People management software, HR analytics, performance management, employee engagement.

• Estimated Revenue (2023): $80 million

• Key Growth Drivers: Increasing focus on data-driven HR, product innovation, and expanding market presence.

• Adverse News: Competition from larger HR tech providers.

This list provides a comprehensive overview of the top 10 companies in the HR tech industry in Australia, highlighting key aspects of their operations and market presence