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13 Jul

Quill Group introduces cutting edge SMSF solution that breaks with tradition

by launch-admin Jul 13, 2017 0 News
Financial advisors can take real super innovation to clients with unique business model

Brisbane, Australia, 18 April 2017 – Home-grown financial services firm Quill Group today announced its new cloud-based adviser portal, the first of its kind in Australia. Purposely built for financial advisers, the portal is a low cost, highly engaging alternative that helps improve efficiency and increase revenue for professionals by entirely managing their SMSF clients’ needs in one place.

Aimed primarily at smaller advice groups and independents, the adviser portal enables professionals to conduct business seamlessly through streamlined processes and is an extension of Quill Group’s Superfund Wholesale division. With complete automation, financial planners and licensed accountants can establish a new SMSF or transfer an existing SMSF onto the Superfund Wholesale technology platform, as well as manage the ongoing administration. The integrated solution also has the option of a low cost investment solution for clients as a substitute to institutionally backed investment products available in the market.

Kris Kitto, Director of Superfund Wholesale, said, “Financial advisers are always looking for ways to engage with clients – including millennials who might be looking to take control of their superannuation for the first time. Using technology, we’ve combined a low cost investment option and SMSF administration solution to give advisers an offering which can grow with their clients while automating many back office processes.”

In addition to its ease of use and ability to better connect advisers with clients, the portal provides daily updated reporting allowing advisers to log in to the backend of the service, and instantly obtain vital information with regards to their client’s financial position. This includes items such as tax position, balances, fund performance and various other monetary breakdowns that SMSF trustees and their advisers ordinarily would not see. Traditionally this information would be delivered six to nine months after the end of the financial year.

“This portal is an opportunity for advisers to enhance their engagement with their clients, while at the same time helping them to do their core work as relationship specialists. Bringing technological innovation to the SMSF space is important and we are excited to be at the forefront offering real differentiation with our adviser portal,” added Kitto.

The portal offers an innovative all-in-one solution for SMSF and portfolio administration, with an outlook to extend to legal and estate planning, as well as partnering with Elston – to provide an end-to-end ‘packaged’ solution for financial specialists.

About Quill Group
Established in Southport – Gold Coast, Australia in 2000, Quill Group offers a range of financial services including accounting, financial planning, insurance and superannuation support and advice to clients. The strength of Quill’s diverse and personalised service has grown with its expansion and the company now operates out of two offices located in Southport and Eight Mile Plains Brisbane, servicing clients from all over Australia. For more information, visit www.quillgroup.com.au.

Media Contact
Christine Kardashian
Launch Group
02 9492 1000 | 0416 005 703
christine@launchgroup.com.au




Christine Kardashian, Group Account Director

Launch Management Group Pty Ltd
 
FSA #100, Fox Studios Australia,
38 Driver Avenue, Moore Park, NSW 2021
 
office: + 61 2 9492 1007
mobile: + 61 416 005 703
facsimile: + 61 2 9492 1099


13 Jul

Australian HR software provider ELMO firstmarket with ATO integration

by launch-admin Jul 13, 2017 0 Uncategorised
Employers on ELMO platform can electronically lodge TFN Declarations through onboarding solution

Sydney, Australia, 2 November 2016 – ELMO Talent Management Software, Australia and New Zealand’s leading provider of cloud-based human resources (HR) software, is the first unified HR software provider to integrate with the Australian Taxation Office (ATO) offering paperless electronic submission of Tax File Number (TFN) Declarations through its onboarding solution.

First-to-market in the HR sector, the ELMO ATO integration further automates the onboarding process, increasing the responsiveness and cost-effectiveness of the HR team, as well as improving the employee experience. Over 500 Australian employers on the ELMO platform can now submit TFN Declarations online, as opposed to printing and posting forms to the ATO.

Standard Business Reporting (SBR) is built into the ELMO onboarding solution making it SBR-enabled. SBR is a standard approach to online or digital record-keeping that was introduced by the Australian Government in 2010 to simplify business reporting obligations. [1]

Danny Lessem, CEO of ELMO Talent Management Software, said, “We are continually developing our software to make HR administration more efficient for our clients. The ELMO ATO integration expedites the HR onboarding process through the digital lodgement of TFN Declaration forms, saving time, ensuring data accuracy using inbuilt checks, and immediately linking new employees to the employer in the ATO database.”

“Previously, only accounting or payroll software packages had the capability to lodge TFN Declarations online. Other HR onboarding technology only provides the electronic form to capture TFN Declaration information which still needs to be mailed to the ATO. This new arrangement with the ATO helps ELMO clients reduce manual processing and eliminate paperwork,” added Lessem.

ELMO is the most agile and practical HR solutions provider in Australia, delivering talent management software which automates businesses HR processes including recruitment, onboarding, learning, performance, succession and leave management. This latest ATO integration cements ELMO as the forerunner in the HR technology space.


About ELMO Talent Management Software
ELMO provides innovative HR cloud technology to more than 500 organisations across Australia, New Zealand and Singapore. The platform comprises of a unified talent management system that includes solutions for recruitment, onboarding, learning, performance, succession planning and leave management. ELMO is designed to automate and streamline all HR processes, managed by Australia’s most experienced implementation team. For more information, visit www.elmotalent.com.au.

13 Jul

World’s leading mobile loyalty wallet Stocard attracts Silicon Valley investor

by launch-admin Jul 13, 2017 0 News
Rocketship.vc funding to accelerate Stocard growth in Australia and launch mobile payments

Sydney, Australia, 1 February 2017 – Stocard, the world’s leading mobile loyalty wallet, today announced its latest financing round for an undisclosed amount from Silicon Valley-based Rocketship.vc, in addition to funding from original investors Shortcut Ventures and Germany-based Alstin. Stocard will use the capital from the raise to launch a mobile payments functionality, expand in new markets including Australia and recruit engineers and business development professionals.

Stocard eliminates the need to keep plastic loyalty cards and lifts the weight off wallets, by allowing shoppers to store their loyalty cards all in one app, as well as collect points and rewards. In addition, users receive personalised offers from favourite retailers and see current points balances and transactions in real-time.

Globally, Stocard currently has 12 million users with a user base growing by half a million users, month on month. Of this, 1.5 million users are in Australia with this number increasing organically per month at a steady rate. Over 4,000 brands are using Stocard internationally to reach shoppers with loyalty offers, including major Australian retailers such as the Woolworths Group, Wesfarmers and Spotlight Retail Group.

Björn Goß, co-founder and CEO of Stocard, said, “Rocketship is the perfect match to help take Stocard to its next level of growth. Stocard creates value for retailers by unlocking access to consumer data previously unavailable, thus allowing them to serve their clients more efficiently through digital loyalty programs. Rocketship’s approach, which relies on data to identify a business’ potential for growth, is exactly in line with Stocard’s philosophy and mission. Their deep industry expertise and global footprint make them an ideal partner to scale our product.”

This year, Stocard will launch a mobile payment capability, offering users a holistic shopping experience – from browsing offers to paying at the POS – within the Stocard app.

Radinck van Vollenhoven, Country Manager of Stocard Australia and New Zealand, said, “To be successful, a mobile wallet needs to accompany the user throughout the whole customer journey; mobile payment is just one component. Our goal is to expand our position in the market and actively shape the future of how people discover and purchase products and services through their mobile device.”

Sailesh Ramakrishnan, partner at Rocketship.vc sees huge potential in the new portfolio company. “At Rocketship.vc, we use data-science to identify, evaluate and invest in startups. Stocard is a great find not only from their strong growth in users but also because they are unlocking a previously hidden data stream of user retail behaviour. We are excited to see how Stocard will revolutionise retail.”

Since the Series A financing in early 2016, Stocard launched two new offices in Italy and Australia to boost collaboration with local retailers.

– ENDS –

About Stocard
Stocard was founded in Mannheim, Germany in May 2011 where its headquarters is based, with offices recently opened internationally in Australia and Italy. Stocard lets users store all their loyalty cards in one place – on their smartphones. With more than 12 million global users, Stocard is the leading wallet app for loyalty and combines smart technology with maximum usability. A simple scan feature lets users scan every card and add it digitally to the app. Moreover, targeted offers from retailers can be received by users. In the near future a payment solution will be added in order to implement a complete mobile wallet. For more information, visit www.stocardapp.com.

About Rocketship.vc
Smart Investment through Data Science. Based in Palo Alto, California, Rocketship.vc is an early stage venture capital fund investing in companies using models built through data science. Rocketship’s proprietary Escape Velocity™ algorithm identifies companies with a Sustainable Growth Engine at their core. For more information, visit www.rocketship.vc.

Media Contact
Christine Kardashian
Launch Group
02 9492 1000 | 0416 005 703
christine@launchgroup.com.au




Christine Kardashian, Group Account Director

Launch Management Group Pty Ltd
 
FSA #100, Fox Studios Australia,
38 Driver Avenue, Moore Park, NSW 2021
 
office: + 61 2 9492 1007
mobile: + 61 416 005 703
facsimile: + 61 2 9492 1099


13 Jul

MEDIA RELEASE: Online department store The Nile impl ements Afterpay in time for ‘Back to Uni’

by launch-admin Jul 13, 2017 0 News
Helping students manage budget for new textbooks with buy now, receive now, pay later option

Sydney, Australia, 6 March 2017 – Leading retail payments innovator Afterpay, announced its platform is now available at popular online department store, The Nile (www.thenile.com.au) to coincide with ‘Back to Uni’ 2017. A new-generation payments system, Afterpay allows shoppers to buy now, receive now and pay later, helping to lighten the load for students scrimping to purchase required textbooks for the new university year.

The Nile offers textbooks for all university and most TAFE courses across Australia and is fast becoming one of the country’s leading online destinations, especially for textbooks. Furthermore, The Nile provides added financial relief with prices below recommended retail and free shipping within Australia, as well as free same or next day dispatch within Sydney. With university getting more and more expensive every year, this is a welcoming reprieve for students with costly expenses.

Afterpay offers the benefits of a layby service with an immediate take-home option, that does not require customers to enter a traditional loan or pay upfront fees or interest. Students can purchase online at www.thenile.com.au, select Afterpay as the payment option at the checkout and receive their textbooks within days. Items are paid for in full over four equal fortnightly payments rather than a hefty outlay in one hit.

Gabrielle Wakeman, Head of Marketing at Afterpay, said, “We are excited to introduce our new merchant partner The Nile to the Afterpay platform in Australia, tying in with the peak ‘Back to Uni’ period. We foresee this to be a successful launch for The Nile with Afterpay in the market offering customers and particularly students a welcome payment option offering choice, flexibility and benefits.”

Jethro Marks, CEO of The Nile, said, “We are thrilled to offer The Nile customers Afterpay as a payment option. At The Nile we are committed to providing customers a great shopping experience delivering quality products at good value. Our partnership with Afterpay will make shopping at The Nile even easier and more convenient ahead of this year’s commencement of class

We are committed to providing the best customer service experience and Afterpay is fundamental in achieving this. Our partnership with Afterpay will make shopping on The Nile even simpler and more convenient, easing the budget pain ahead of this year’s commencement of class. Specifically, students at this time of year can avoid the last minute mad dash and crowds by expediting their textbook purchases online.”

– ENDS –

About Afterpay
Founded in 2014, Afterpay is a leading Australian retail payments innovator that facilitates commerce between retail merchants and their end-customers. Afterpay offers a ‘buy now, receive now, pay later’ service that is absolutely in the customer interest, not requiring end-customers to enter into a traditional loan or pay any upfront fees or interest. Afterpay currently has over 475,000 customers and over 2,600 retail merchants and in 2016, listed on the Australian Securities Exchange. For more information, visit www.afterpay.com.au.

About The Nile
The Nile is a rapidly growing Australian department store selling a wide range of books, DVDs, baby products, wine, games, toys and health and beauty products. The Nile finds, sources and delivers products from all over the world and offers free shipping on all items within Australia. Established 15 years ago, The Nile was started by Jethro Marks and Mark Taylor and has expanded to employ over 80 people across customer service, logistics, marketing and creative design. For more information, visit www.thenile.com.au.

Media Contact
Christine Kardashian
Launch Group
02 9492 1000 | 0416 005 703
christine@launchgroup.com.au




Christine Kardashian, Group Account Director

Launch Management Group Pty Ltd
 
FSA #100, Fox Studios Australia,
38 Driver Avenue, Moore Park, NSW 2021
 
office: + 61 2 9492 1007
mobile: + 61 416 005 703
facsimile: + 61 2 9492 1099


13 Jul

MEDIA RELEASE: Afterpay branches out into department stores with Myer deal

by launch-admin Jul 13, 2017 0 News
Australia’s largest department store to offer ‘buy now, receive now, pay later’ option online

Sydney, Australia, 15 March 2017 – Innovative retail payments platform, Afterpay, today announced a significant new partnership with Myer, Australia’s largest department store. Customers will have the option to ‘buy now, receive now, pay later’ through Afterpay at Myer online from May this year. The partnership, initially to be over a two-year period, broadens the Afterpay offering into new retail product verticals and further expands its online retail market reach.

Afterpay’s customer base has also catapulted to over half a million users since revealing its half year results mid-February. Afterpay Managing Director Nick Molnar said the way people in Australia shop is changing – they want options and to be in control of the shopping and purchasing process. Tech innovations such as Afterpay allows customers to choose the way they want to pay.

“We feel privileged to work with Myer, one of Australia’s most iconic retail brands, and are excited to introduce Myer’s online customers to the benefits of Afterpay. The partnership with Myer will give customers even greater choice over their Afterpay purchases. Afterpay’s retail value proposition is resonating strongly with Australian retailers and consumers, now with over 500,000 active customers and over 3,100 retailers.”

Heavily focused on expanding to broader retail categories and consumer demographics is the way forward for Afterpay. The substantial increase in customers embracing the ‘buy now, receive now, pay later’ payment option reinforces this vision. Adoption of Afterpay is largely millennials who are great spenders while also being price conscious and savvy. However, the more meaningful spenders – Generation X and Baby Boomers – are increasingly embracing the service. They know they have options and like to be in control of the shopping and buying process.

Afterpay maintains a very strong pipeline of Australia’s leading brands – integrations are proceeding with retailers. Afterpay has successfully partnered with retailers and recent additions that have gone live on the platform include: Telstra, Booktopia, 2XU, Running Bare, Tarocash and Alannah Hill.

If you are interested in speaking with Nick Molnar, Managing Director at Afterpay, please contact Christine Kardashian on 0416 005 703 or via email at christine@launchgroup.com.au.

– ENDS –

About Afterpay
Founded in 2014, Afterpay is a leading Australian retail payments innovator that facilitates commerce between retail merchants and their end-customers. Afterpay offers a ‘buy now, receive now, pay later’ service that is absolutely in the customer interest, not requiring end-customers to enter into a traditional loan or pay any upfront fees or interest. Afterpay currently has over 500,000 customers and over 3,100 retail merchants and in 2016, listed on the Australian Securities Exchange. For more information, visit www.afterpay.com.au.

Media Contact
Christine Kardashian
Launch Group
02 9492 1000 | 0416 005 703
christine@launchgroup.com.au




Christine Kardashian, Group Account Director

Launch Management Group Pty Ltd
 
FSA #100, Fox Studios Australia,
38 Driver Avenue, Moore Park, NSW 2021
 
office: + 61 2 9492 1007
mobile: + 61 416 005 703
facsimile: + 61 2 9492 1099


13 Jul

Australian HR software provider ELMO firstmarket with ATO integration

by launch-admin Jul 13, 2017 0 Uncategorised
Employers on ELMO platform can electronically lodge TFN Declarations through onboarding solution

Sydney, Australia, 2 November 2016 – ELMO Talent Management Software, Australia and New Zealand’s leading provider of cloud-based human resources (HR) software, is the first unified HR software provider to integrate with the Australian Taxation Office (ATO) offering paperless electronic submission of Tax File Number (TFN) Declarations through its onboarding solution.

First-to-market in the HR sector, the ELMO ATO integration further automates the onboarding process, increasing the responsiveness and cost-effectiveness of the HR team, as well as improving the employee experience. Over 500 Australian employers on the ELMO platform can now submit TFN Declarations online, as opposed to printing and posting forms to the ATO.

Standard Business Reporting (SBR) is built into the ELMO onboarding solution making it SBR-enabled. SBR is a standard approach to online or digital record-keeping that was introduced by the Australian Government in 2010 to simplify business reporting obligations. [1]

Danny Lessem, CEO of ELMO Talent Management Software, said, “We are continually developing our software to make HR administration more efficient for our clients. The ELMO ATO integration expedites the HR onboarding process through the digital lodgement of TFN Declaration forms, saving time, ensuring data accuracy using inbuilt checks, and immediately linking new employees to the employer in the ATO database.”

“Previously, only accounting or payroll software packages had the capability to lodge TFN Declarations online. Other HR onboarding technology only provides the electronic form to capture TFN Declaration information which still needs to be mailed to the ATO. This new arrangement with the ATO helps ELMO clients reduce manual processing and eliminate paperwork,” added Lessem.

ELMO is the most agile and practical HR solutions provider in Australia, delivering talent management software which automates businesses HR processes including recruitment, onboarding, learning, performance, succession and leave management. This latest ATO integration cements ELMO as the forerunner in the HR technology space.


About ELMO Talent Management Software
ELMO provides innovative HR cloud technology to more than 500 organisations across Australia, New Zealand and Singapore. The platform comprises of a unified talent management system that includes solutions for recruitment, onboarding, learning, performance, succession planning and leave management. ELMO is designed to automate and streamline all HR processes, managed by Australia’s most experienced implementation team. For more information, visit www.elmotalent.com.au.

13 Jul

Australian HR software provider ELMO firstmarket with ATO integration

by launch-admin Jul 13, 2017 0 Uncategorised
Employers on ELMO platform can electronically lodge TFN Declarations through onboarding solution

Sydney, Australia, 2 November 2016 – ELMO Talent Management Software, Australia and New Zealand’s leading provider of cloud-based human resources (HR) software, is the first unified HR software provider to integrate with the Australian Taxation Office (ATO) offering paperless electronic submission of Tax File Number (TFN) Declarations through its onboarding solution.

First-to-market in the HR sector, the ELMO ATO integration further automates the onboarding process, increasing the responsiveness and cost-effectiveness of the HR team, as well as improving the employee experience. Over 500 Australian employers on the ELMO platform can now submit TFN Declarations online, as opposed to printing and posting forms to the ATO.

Standard Business Reporting (SBR) is built into the ELMO onboarding solution making it SBR-enabled. SBR is a standard approach to online or digital record-keeping that was introduced by the Australian Government in 2010 to simplify business reporting obligations. [1]

Danny Lessem, CEO of ELMO Talent Management Software, said, “We are continually developing our software to make HR administration more efficient for our clients. The ELMO ATO integration expedites the HR onboarding process through the digital lodgement of TFN Declaration forms, saving time, ensuring data accuracy using inbuilt checks, and immediately linking new employees to the employer in the ATO database.”

“Previously, only accounting or payroll software packages had the capability to lodge TFN Declarations online. Other HR onboarding technology only provides the electronic form to capture TFN Declaration information which still needs to be mailed to the ATO. This new arrangement with the ATO helps ELMO clients reduce manual processing and eliminate paperwork,” added Lessem.

ELMO is the most agile and practical HR solutions provider in Australia, delivering talent management software which automates businesses HR processes including recruitment, onboarding, learning, performance, succession and leave management. This latest ATO integration cements ELMO as the forerunner in the HR technology space.


About ELMO Talent Management Software
ELMO provides innovative HR cloud technology to more than 500 organisations across Australia, New Zealand and Singapore. The platform comprises of a unified talent management system that includes solutions for recruitment, onboarding, learning, performance, succession planning and leave management. ELMO is designed to automate and streamline all HR processes, managed by Australia’s most experienced implementation team. For more information, visit www.elmotalent.com.au.

13 Jul

Red Cross signs deal with leading HR tech provider ELMO

by launch-admin Jul 13, 2017 0 News
Australian and New Zealand Red Cross branches select ELMO HR platform for local focus

Sydney, Australia, 15 December 2016 – ELMO Talent Management Software, Australia and New Zealand’s leading provider of cloud-based human resources (HR) software, announced a major win today signing a deal with Australian Red Cross and New Zealand Red Cross. The agreement will see both Australian and New Zealand branches of the Red Cross implement ELMO as their primary HR talent management solution.

The Geneva-based International Federation of Red Cross and Red Crescent Societies, provides its global offices with access to its American HR technology platform. However, the Australian and New Zealand Red Cross branches selected ELMO based on its expertise in the local market – providing local support and complying with local legislation. Additional motivation to partner with ELMO is the ease of use and ability to integrate with the Red Cross’ payroll and other systems.

Danny Lessem, CEO of ELMO Talent Management Software, said, “We are thrilled to have the Red Cross on board with ELMO. The Australian and New Zealand arms of the Red Cross were looking to implement an Australian talent management solution that better suits their needs. ELMO is able to provide a software solution which enhances the Red Cross’ HR processes while ensuring the organisation meets its regulatory obligations.”

Danny confirmed that this is indicative of the trend for Australian organisations to select Australian technology. “Demand for proficient HR management systems with a local focus is high on the agenda for Australian businesses. ELMO is playing in an interesting space and taking on multinationals such as Oracle, SAP and Cornerstone. Customers are confident they are receiving a world class solution with the benefits of local intelligence,” continued Danny.

ELMO continues to gain market share with a string of announcements in the last couple of months, in addition to signing up Australian Red Cross and New Zealand Red Cross. These include the key acquisition of e-Learning specialists Techniworks Action Learning, a significant win with the Australian Taxation Office (ATO) being the first unified HR software provider to integrate with the ATO, and the appointment of financial advisors Blackpeak Capital to take the ELMO business to the next level.

About ELMO Talent Management Software
ELMO provides innovative HR cloud technology to more than 500 organisations across Australia, New Zealand and Singapore. The platform comprises of a unified talent management system that includes solutions for recruitment, onboarding, learning, performance, succession planning and leave management. ELMO is designed to automate and streamline all HR processes, managed by Australia’s most experienced implementation team. For more information, visit www.elmotalent.com.au.

13 Jul

Australian HR software provider ELMO firstmarket with ATO integration

by launch-admin Jul 13, 2017 0 Uncategorised
Employers on ELMO platform can electronically lodge TFN Declarations through onboarding solution

Sydney, Australia, 2 November 2016 – ELMO Talent Management Software, Australia and New Zealand’s leading provider of cloud-based human resources (HR) software, is the first unified HR software provider to integrate with the Australian Taxation Office (ATO) offering paperless electronic submission of Tax File Number (TFN) Declarations through its onboarding solution.

First-to-market in the HR sector, the ELMO ATO integration further automates the onboarding process, increasing the responsiveness and cost-effectiveness of the HR team, as well as improving the employee experience. Over 500 Australian employers on the ELMO platform can now submit TFN Declarations online, as opposed to printing and posting forms to the ATO.

Standard Business Reporting (SBR) is built into the ELMO onboarding solution making it SBR-enabled. SBR is a standard approach to online or digital record-keeping that was introduced by the Australian Government in 2010 to simplify business reporting obligations. [1]

Danny Lessem, CEO of ELMO Talent Management Software, said, “We are continually developing our software to make HR administration more efficient for our clients. The ELMO ATO integration expedites the HR onboarding process through the digital lodgement of TFN Declaration forms, saving time, ensuring data accuracy using inbuilt checks, and immediately linking new employees to the employer in the ATO database.”

“Previously, only accounting or payroll software packages had the capability to lodge TFN Declarations online. Other HR onboarding technology only provides the electronic form to capture TFN Declaration information which still needs to be mailed to the ATO. This new arrangement with the ATO helps ELMO clients reduce manual processing and eliminate paperwork,” added Lessem.

ELMO is the most agile and practical HR solutions provider in Australia, delivering talent management software which automates businesses HR processes including recruitment, onboarding, learning, performance, succession and leave management. This latest ATO integration cements ELMO as the forerunner in the HR technology space.


About ELMO Talent Management Software
ELMO provides innovative HR cloud technology to more than 500 organisations across Australia, New Zealand and Singapore. The platform comprises of a unified talent management system that includes solutions for recruitment, onboarding, learning, performance, succession planning and leave management. ELMO is designed to automate and streamline all HR processes, managed by Australia’s most experienced implementation team. For more information, visit www.elmotalent.com.au.

13 Jul

Australia’s leading HR software provider ELMO acquires Techniworks

by launch-admin Jul 13, 2017 0 News
Techniworks e-learning solutions added to ELMO portfolio

Sydney, Australia, 12 October 2016 – ELMO Talent Management Software, Australia and New Zealand’s leading provider of cloud-based human resources (HR) software, has acquired e-learning solutions company Techniworks Action Learning in a multi-million dollar deal which will see annual revenues increase to $18 million in FY17.

The acquisition builds on ELMO’s unified talent management proficiency and will strengthen its ability to deliver end-to-end e-learning to over two million users in 500 organisations across the region. With the consolidation of ELMO and Techniworks, clients can now access the region’s most extensive compliance-based e-learning content library.

Danny Lessem, CEO of ELMO Talent Management Software, said, “We are pleased to welcome Techniworks into the ELMO business. Techniworks has long been a dominant player with a proven track record within all levels of government, tertiary institutions and large corporations. The addition of Techniworks is a key part of ELMO’s ongoing growth strategy. This acquisition will further enable ELMO to deliver essential e-learning capabilities and increase strategic value with clients.”

ELMO’s Software as a Service (SaaS) business has experienced rapid expansion with a year-on-year increase in license revenue between 40%-50% and revenue forecast for FY17 at $18 million. ELMO has managed to maintain this rate of growth as 93% of its revenue is derived from recurrent license fees. In the last five years, ELMO has grown from a staff of 20 to over 100 employees throughout Australia, New Zealand and Singapore.

As the most agile and practical HR solutions provider in the ANZ market, ELMO is delivering tangible benefits and unprecedented expertise to clients by providing software solutions which automate their HR processes. Key components of the ELMO software suite include solutions for automating recruitment, onboarding, learning, performance, succession and leave management. ELMO has exclusive partnerships with the premier HR membership bodies in Australia and New Zealand – Australian Human Resources Institute (AHRI) and Human Resources Institute of New Zealand (HRINZ).

“Bringing ELMO and Techniworks together will create many opportunities for clients and their workforce. Our vision is to continue leading the way in the HR space and Techniworks aligned with our business and philosophy. This acquisition builds on the foundation of the ELMO business and will allow us to develop and expand our reach even further,” added Lessem.

About ELMO Talent Management Software
ELMO provides innovative HR cloud technology to more than 500 organisations across Australia, New Zealand and Singapore. The platform comprises of a unified talent management system that includes solutions for recruitment, onboarding, learning, performance, succession planning and leave management. ELMO is designed to automate and streamline all HR processes, and the implementation process is managed by Australia’s most experienced implementation team. For more information, visit www.elmotalent.com.au.

About Techniworks Action Learning
Partnering with all levels of government (Commonwealth, state and local), tertiary institutions and large corporations, Techniworks is able to provide pre-built e-learning solutions in line with legislation, compliance and training and development needs. Techniworks offers a comprehensive suite of off-the shelf e-learning programs, covering compliance topics such as health & safety, discrimination & harassment, diversity, code of conduct, induction and information management. For more information, visit www.techniworks.com.au.


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