ReadyTech
ReadyTech Holdings (ASX:RDY) is an Australian vertical-SaaS provider serving education, employment services, workforce, government, procurement, and justice sectors across Australia, New Zealand, Sweden, and the UK with mission-critical subscription software and managed payroll services.
- Company typePublic
- Founded1995
- HeadquartersPyrmont, Australia
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What ReadyTech does
ReadyTech Holdings Limited (ASX:RDY) is an Australian-headquartered, publicly-listed provider of mission-critical vertical SaaS serving human-led sectors including education, employment services, apprenticeships and training, workforce management, procurement, government, and justice. The company operates seven product-aligned business units anchored on a common cloud platform, with flagship solutions including Ready Student (student management), Ready LMS (learning management), Ready Skills (skills tracking), VETtrak (vocational education tracking), Job Ready (employment services), Ready Recruit / Ready Apprentice / Ready STA (apprenticeships), Ready Workforce and Ready Pay (workforce and payroll), Managed Payroll Services, Ready Buy / Ready Contracts / Ask Procurement (procurement), Ready Community (local and state government ERP), Ready Case (justice case management), and the Orqestra enterprise intelligence platform that connects data across these systems.
Revenue is generated primarily through enterprise SaaS subscriptions on an annual billing cadence, with managed payroll services as a complementary outsource-based stream. Go-to-market is dominated by direct enterprise field sales targeting government agencies, TAFEs, training authorities, local councils, and large employers, supplemented by inside sales for mid-market customers and a growing channel-partner network that includes delivery partnerships (Consolidated Tenders for New Zealand's Procure Connect) and integration partnerships (TimeEdit for tertiary education). Customer logos span TAFE SA, Bendigo Kangan Institute, Skills Tasmania, Skills Canberra, Training Services NSW, the Workplace Injury Commission, and the New Zealand Government.
ReadyTech has scaled predominantly through M&A: Avaxa (September 2021, AUD 2.2M), Open Windows Software (December 2021, AUD 14.3M), PhoenixHRIS (March 2022), IT Vision (July 2022, adding 190 Australian local councils), and CouncilWise (February 2025). The company now serves Australia, New Zealand, Sweden, and the United Kingdom, and has achieved ISO 42001 AI management system certification. Operational performance in FY26 has been pressured by prolonged enterprise deal cycles, with 1H FY26 revenue of AUD 61.6M missing forecast by 12.7% and FY26 guidance revised to AUD 125-127M, while an enterprise pipeline of AUD 35.3M at 1H FY26 provides the basis for second-half conversion.
ReadyTech firmographics
Firmographics- Name
- ReadyTech
- Legal name
- ReadyTech Holdings Limited
- Website
- https://readytech.com.au
- Company type
- Public
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- ReadyTech Holdings (ASX:RDY) is an Australian vertical-SaaS provider serving education, employment services, workforce, government, procurement, and justice sectors across Australia, New Zealand, Sweden, and the UK with mission-critical subscription software and managed payroll services.
- Ownership category
- akta.pro rank
ReadyTech industry classification
Industry- Product category
- Vertical SaaS for Education, Workforce, and Public Sector
- NAICS
- Software Publishers (513210), Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Internship/Apprenticeship Matching & Work-Based Learning Platforms (EDAFAMAL)
- akta.pro secondary industry
- Learning Data Infrastructure & Interoperability (LRS, xAPI/LTI/OneRoster, Data Pipelines) (EDAFAFAJ)
Keywords
Where ReadyTech is headquartered
LocationHeadquarters
- HQ city
- Pyrmont
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
ReadyTech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription Revenue: ReadyTech operates as a SaaS provider delivering mission-critical software on a subscription basis. Revenue is generated through recurring subscription fees from enterprise customers across education, employment services, workforce, government, and justice sectors. The company cross-sells and upsells across its product portfolio.
- Managed Payroll Services: The company offers managed payroll services as part of its workforce solutions, providing outsourced payroll processing to customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription pricing - custom quotes based on organization size and requirements |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
ReadyTech product offering
Product offeringCore offering
ReadyTech is an Australian ASX-listed SaaS provider that builds and sells mission-critical cloud software across seven vertical segments: Education (student management, learning management, VET tracking), Employment Services, Apprenticeships & Training, Workforce (cloud payroll and HR), Procurement, Government (local/state ERP), and Justice (court case management). The portfolio is unified by Orqestra, an enterprise intelligence platform that connects existing systems and data sources. Revenue is generated primarily through recurring enterprise subscriptions supplemented by managed payroll services.
Product overview
ReadyTech is a multi-segment SaaS platform providing mission-critical software across Education, Employment Services, Apprenticeships & Training, Workforce, Procurement, Government, and Justice sectors. The Education suite includes Ready Student (student management), Ready LMS (learning management), Ready Skills (skills tracking), and VETtrak (VET tracking), with the acquired Avaxa brand adding TAFE-focused capabilities. Employment Services features Job Ready for service providers. Apprenticeships & Training offers Ready Recruit, Ready Apprentice, and Ready STA for managing apprenticeships across State Training Authorities. Workforce solutions include Ready Workforce (workforce management), Ready Pay (payroll), and Managed Payroll Services, supplemented by the acquired PhoenixHRIS talent management system. Procurement spans Ready Buy, Ready Contracts, and Ask Procurement (AI-powered assistant). Government features Ready Community ERP solutions. Justice provides Ready Case case management. Orqestra serves as an enterprise intelligence platform connecting these systems, creating an open ecosystem across the portfolio.
Differentiator
Problem solved
Functional benefit
Brands
- Ready Student: Student management platform for education institutions
- Ready LMS
- Ready Skills
- VETtrak
- Ready Workforce
- Ready Pay
- Ready Community
- Ready Case
- Ready Buy
- Ready Contracts
- Ready Recruit
- Ready Apprentice
- Ready STA
- Orqestra
- Job Ready
- Ask Procurement
- Managed Payroll Services
Products and services
- Ready Student Next generation student management technology for the modern educator, part of ReadyTech's Education suite. Used by educational institutions to manage the student lifecycle.
- Ready LMS Learning management system technology for educational institutions, enabling delivery and management of learning content.
- Ready Skills Skills tracking and assessment technology for modern educators, supporting apprenticeship and traineeship delivery at scale. Used by TAFEs and training organisations such as TAFE SA.
- VETtrak Vocational Education and Training (VET) tracking software for managing student records, compliance, and training outcomes.
- Job Ready Purpose-built technology for employment service providers supporting job seekers and employment agencies across Australia, Sweden, and the United Kingdom.
- Ready Recruit Apprenticeships and training recruitment technology for managing the hiring and onboarding of apprentices.
- Ready Apprentice Apprenticeships management technology for State Training Authorities, Group Training Organisations, and the Australian Apprenticeships Support Network.
- Ready STA State Training Authorities management platform for streamlining operations, strengthening compliance, and improving training outcomes, used by Skills Tasmania, Skills Canberra, and Training Services NSW.
- Ready Workforce Cloud workforce management technology powering the full employee lifecycle from hire to retire for the stand-up economy, including hotels, agriculture, retail, transport, and consulting.
- Ready Pay Cloud payroll technology for managing employee compensation, tax calculations, and payment processing.
- Managed Payroll Services Outsourced payroll management services complementing the Ready Pay platform, providing end-to-end payroll processing to customers.
- Ready Buy Procurement management technology for purchasing and sourcing, built on ReadyTech's 30-year procurement innovation heritage.
- Ready Contracts Contract lifecycle management technology for creating, managing, and analyzing contracts.
- Ask Procurement AI-powered procurement assistant enabling natural language queries and knowledge retrieval from procurement data.
- Ready Community Customer-centric ERP solutions for Local and State Governments, focusing on community engagement, serving 190 Australian local councils following the IT Vision acquisition.
- Ready Case Next-generation case management platform for courts, prosecutors, tribunals, and commissions in the justice sector, supporting digital transformation of dispute resolution services.
- Orqestra Enterprise intelligence platform that connects existing systems and data sources, unlocking operational insights across the ReadyTech portfolio.
- Procure Connect All-of-Government end-to-end procurement system unifying the procurement cycle from planning to contracting, delivered in partnership with Consolidated Tenders for the New Zealand Government.
- PhoenixHRIS Cloud-based talent management and applicant tracking system acquired by ReadyTech to enhance its Workforce Solutions product suite, improving recruitment and onboarding capabilities.
- Avaxa Victorian TAFE student management software business acquired to strengthen ReadyTech's foothold in the Australian enterprise education market and add new TAFE client relationships.
Quantifiable outcome
- Expected annual savings of NZD $100 million (3%) on New Zealand's NZD $51.5 billion annual procurement spend through Procure Connect
Companies that use ReadyTech
Customer profileNamed customers7 records
Segments7 records
Ideal customer profiles6 records
ReadyTech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability2 records
Feature11 records
ReadyTech partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, minor and core.
- Consolidated TendersflagshipConsolidated Tenders delivered Procure Connect, a new All-of-Government end-to-end procurement system for New Zealand government, in partnership with ReadyTech. The platform unifies the entire procurement cycle from planning to contracting, managing approximately AU$100 billion in annual government spending across Australian jurisdictions. The system targets annual savings of NZ$100 million (3%) on New Zealand's NZD $51.5 billion annual procurement spend.
- National Skills Week (NSWK)minorNational Skills Week, Australia's premier annual initiative celebrating Vocational Education and Training (VET), announced a Major Partnership with ReadyTech for 2025. ReadyTech plays a key role in helping VET providers across the country manage the student journey with purpose-built technology that supports better outcomes for learners.
- Victorian TAFE AssociationminorReadyTech continues its strategic partnership with the Victorian TAFE Association as key sponsor of TAFECreates25. This flagship Victorian TAFE event reaffirms ReadyTech's role as the technology partner of choice for modern TAFEs.
- TimeEditcoreReadyTech and TimeEdit announced a strategic partnership to deliver best-in-class integrated solutions for tertiary education. The partnership combines ReadyTech's expertise in student lifecycle management with TimeEdit's comprehensive and modular Academic Operations Platform. Together, the two companies deliver seamlessly integrated solutions that simplify operations, enhance institutional efficiency, and support improved outcomes for both students and staff.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
ReadyTech competitors and assessment
Company assessmentBroad incumbents
- Civica: UK-headquartered public sector software provider spanning local government, education and justice — overlaps with Ready Community (council ERP) and Ready Case (justice case management) on a broader scale.
- Tyler Technologies: Large US-listed provider of software and services to the public sector, including courts and justice, local government ERP, and education — a broad incumbent overlapping with Ready Community and Ready Case.
- Workday: Global enterprise cloud applications leader in HR, finance and workforce planning — competes with Ready Workforce and Ready Pay at the upper end of the enterprise market.
Direct peers
- TechnologyOne: ASX-listed Australian enterprise SaaS provider focused on government, education and health sectors — the closest direct domestic peer competing head-to-head in local council ERP, education administration, and public-sector procurement.
- ELMO Software: ASX-listed Australian HCM and payroll SaaS provider, directly competing with Ready Pay and Ready Workforce in mid-market and enterprise HR/payroll across Australia and New Zealand.
- PowerSchool: Leading K-12 and broader education SaaS provider offering student information systems, LMS and talent management — directly comparable to Ready Student, Ready LMS and Ready Skills.
- Dayforce: Global HCM and workforce management SaaS platform (formerly Ceridian), competing directly with Ready Workforce and Ready Pay across enterprise payroll, HR and talent management use cases.
- UKG: Major workforce management and HCM SaaS provider offering payroll, scheduling and HR — a direct competitor in mid-market and enterprise workforce/payroll deals where ReadyTech competes.
- Instructure: Education technology company behind Canvas LMS and student information products — directly comparable to Ready LMS and Ready Student in higher education and vocational learning markets.
Emerging players
- Procurify: Cloud-based procurement and spend management platform serving mid-market and enterprise — comparable to Ready Buy and Ready Contracts, particularly in AI-enabled procurement (relevant given ReadyTech's Ask Procurement AI assistant).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ReadyTech social profiles
Digital presenceReadyTech compliance and trust
Trust signalCompliance1 record
ReadyTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
ReadyTech leadership team
Management profileNumber of profiles
Profiles4 records
ReadyTech subsidiaries and ownership
Company hierarchySubsidiaries4 records
ReadyTech funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ReadyTech M&A and investment
M&A and investmentM&A8 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ReadyTech
What does ReadyTech do?
ReadyTech is an Australian ASX-listed SaaS provider that builds and sells mission-critical cloud software across seven vertical segments: Education (student management, learning management, VET tracking), Employment Services, Apprenticeships & Training, Workforce (cloud payroll and HR), Procurement, Government (local/state ERP), and Justice (court case management). The portfolio is unified by Orqestra, an enterprise intelligence platform that connects existing systems and data sources. Revenue is generated primarily through recurring enterprise subscriptions supplemented by managed payroll services.
Is ReadyTech a public or private company?
ReadyTech is a public company. It is classified as public and is currently operating.
When was ReadyTech founded?
ReadyTech was founded in 1995. It employs 251 to 500 people.
Where is ReadyTech based?
ReadyTech is headquartered in Pyrmont, Australia, in the Oceania region.
How does ReadyTech make money?
Two revenue lines are on record. SaaS Subscription Revenue is the primary driver. The others are managed Payroll Services.
Who are ReadyTech's main competitors?
Broad incumbents on record are Civica, Tyler Technologies and Workday. Direct peers are TechnologyOne, ELMO Software, PowerSchool, Dayforce, UKG and Instructure. Procurify is listed as an emerging player.
Does ReadyTech have an API?
Yes. ReadyTech exposes a public API. Developer documentation is at github.com/rdytech/api-docs.
What industry is ReadyTech in?
ReadyTech's product category is Vertical SaaS for Education, Workforce, and Public Sector. Its primary akta.pro industry code is EDAFAMAL, Internship/Apprenticeship Matching & Work-Based Learning Platforms, with a secondary code of EDAFAFAJ, Learning Data Infrastructure & Interoperability (LRS, xAPI/LTI/OneRoster, Data Pipelines). Its NAICS code is 513210 and its SIC code is 7372.