iqDynamics
IQ Dynamics is a Singapore-based, founder-owned software vendor that develops and sells the HRiQ Human Capital Management platform — an integrated HRMS, talent management, payroll outsourcing, and IT managed services solution serving 450+ mid-to-large enterprises across the Asia-Pacific region.
- Company typePrivate
- Founded1994
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What iqDynamics does
IQ Dynamics Pte Ltd is a Singapore-headquartered, founder-owned software vendor that develops and sells HRiQ, an integrated Human Capital Management (HCM) platform marketed to medium-to-large enterprises of 200 or more employees across Singapore and the broader Asia-Pacific region. Founded in 1994, the company has grown from a five-person operation to a regional group with 51-100 employees serving 450+ customers and approximately 90,000 end users. HRiQ is organized into three product suites — HRiQ Core (HRMS covering payroll, leave, claims, time attendance, timesheet, compliance tracking, and analytics), HRiQ Talent (recruitment, onboarding, e-learning, performance appraisal, and talent development using the 9-grid box methodology), and HRiQ Booster (professional services, payroll outsourcing, and IT managed services) — with all modules natively integrated and supported by a mobile app for employee self-service.
The underlying technology is a multi-tier web architecture built on Microsoft .NET, hosted on Microsoft Azure in Singapore, and available in both cloud/SaaS and on-premise deployment models. The platform exposes a public API enabling integration with global HRIS systems (Workday, SAP SuccessFactors), ERP and financial systems (Microsoft Dynamics 365 Business Central and F&O, Oracle, SAP, ACCPAC), biometric time clocks, door access systems, and external learning platforms (LinkedIn Learning, Udemy, Coursera, iSpring). Singapore statutory compliance (CPF, IRAS IR8A/IR21, MOM Labour Surveys, PDPA) is codified into the engine, and the company holds ISO 27001:2022 certification alongside its 30+ year Microsoft Certified Partner status.
IQ Dynamics monetizes through a mix of recurring SaaS subscriptions priced per employee (Professional tier from $2/employee), on-premise perpetual licensing, professional services and implementation engagements, payroll outsourcing via subsidiary PayDynamics, and IT managed services via subsidiary I-Net Dynamics. Go-to-market is predominantly direct enterprise field sales led by a Singapore-based team, supplemented by content marketing, webinars, downloadable resources, and Singapore government grant advisory (EDG, NTUC CTC, NCSS Tech-and-GO!). The company is privately held, founder-operated, with no disclosed external funding or M&A history.
iqDynamics firmographics
Firmographics- Name
- iqDynamics
- Legal name
- IQ Dynamics Pte Ltd
- Website
- https://iqdynamics.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- IQ Dynamics is a Singapore-based, founder-owned software vendor that develops and sells the HRiQ Human Capital Management platform — an integrated HRMS, talent management, payroll outsourcing, and IT managed services solution serving 450+ mid-to-large enterprises across the Asia-Pacific region.
- Ownership category
- akta.pro rank
iqDynamics industry classification
Industry- Product category
- Human Capital Management (HCM) Software
- NAICS
- Software Publishers (5132), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Core HR & HRIS (BPACAPAA)
- akta.pro secondary industries
- Payroll, Time & Attendance (BPACAPAB), HR Service Delivery, Case Management & Employee Self-Service (BPACAPAL), Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ), HR Technology (HRIS/HCM) Advisory & Implementation (BPAHAGAG)
Keywords
Where iqDynamics is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
iqDynamics business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- HRiQ HRMS Software Subscription (SaaS): Subscription-based access to HRiQ Core, Talent, and Booster modules delivered as a cloud/SaaS solution. Pricing is per-employee, with the ability to deploy on-premise or on-cloud.
- Payroll Outsourcing Services: Singapore-based HR and payroll outsourcing services handled by PayDynamics, including monthly payroll processing, leave administration, claims processing, and HR advisory.
- Professional Services & Implementation: Project implementation services including requirements analysis, data migration, change management, system integration, and training programs. Complementary to the software subscription.
- IT Managed Services: IT managed services delivered through subsidiary I-Net Dynamics, including system setup, monitoring, hosting, backup, and disaster recovery services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Annual | HRiQ Professional — From $2 per employee |
| One time/ perpetual license | Multi-year contract | On-Premise Perpetual License |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
iqDynamics product offering
Product offeringCore offering
iqDynamics develops and sells HRiQ, an integrated Human Capital Management (HCM) platform offered as cloud/SaaS or on-premise software, covering employee records, payroll, leave, claims, timesheet, time attendance, compliance tracking, and analytics. It also provides a Talent Management suite for recruitment, onboarding, e-learning, performance appraisal, and talent development. Through subsidiaries PayDynamics and I-Net Dynamics, the company delivers payroll outsourcing and IT managed services to complement the software.
Product overview
IQ Dynamics offers HRiQ, a comprehensive Human Capital Management (HCM) solution built as a platform-plus-modules architecture. The core product portfolio consists of three integrated suites: HRiQ™ Core (Human Resource Management Software covering employee records, payroll, leave, claims, timesheet, time attendance, compliance tracking, and analytics), HRiQ™ Talent (Talent Management System including training, e-learning, recruitment, onboarding, performance appraisal, and talent development), and HRiQ™ Booster (supporting services including payroll outsourcing, API integration, IT managed services, professional services, and support). The system is available as on-premise or cloud-based SaaS deployment and is priced starting from $2 per employee with the Professional tier. All modules are fully integrated, enabling seamless data flow across HRIS, payroll, talent management, and analytics functions.
Differentiator
Problem solved
Functional benefit
Brands
- HRiQ™ Core: Core HR Management Software including Enterprise HR, Payroll, Leave, Claims, Timesheet, Time Attendance, Compliance Tracking, and Dashboard & Analytical Reports
- HRiQ™ Talent
- HRiQ™ Booster
Products and services
- HRiQ Core Comprehensive HRMS suite covering employee records, payroll, leave, claims, timesheet, time attendance, compliance tracking, and dashboard and analytical reports for medium-to-large enterprises in Singapore and the Asia-Pacific region.
- HRiQ Talent Talent Management System covering recruitment, onboarding and workflow, employee e-learning (LMS), performance appraisal, training and development, and talent development using the 9-grid box methodology, for organisations seeking integrated talent management within the HRiQ platform.
- HRiQ Mobile App Mobile application for iOS and Android that lets employees apply for leave, submit claims, view payslips, and clock attendance with GPS location checking and geo-fencing, available to HRiQ subscribers.
- Payroll Outsourcing Singapore-based payroll processing and administration service covering new hires, leavers, salary changes, overtime, monthly payroll reports, CPF payments, IR21 filings, and yearly tax submissions, provided via PayDynamics for organisations that prefer outsourced payroll operations.
- Professional Services Project implementation and training services covering requirements analysis, conceptual design, data migration, change management, system integration, and training programs delivered by certified instructors with extensive enterprise application experience.
- Support Services Customer support for HRiQ delivered via email, fax, telephone, remote support, and onsite and online support, with service level agreement reporting and tracking and response monitoring.
- iQX1 Integrated HRMS Platform Integrated HRMS platform from IQ Dynamics that consolidates core HR processes (employee management, payroll, leave, claims, performance management, and analytics) into a single unified system with automation and standardized workflows, designed for organisations operating multiple entities.
Quantifiable outcome
- Reduced administrative workload and human error through automation of daily HR functions.
- +3 more outcomes
Companies that use iqDynamics
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
iqDynamics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature7 records
iqDynamics partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- MicrosoftcoreIQ Dynamics is a Microsoft Certified Partner with over 30 years of partnership history. HRiQ is built using Microsoft .NET technology and hosted on Microsoft Azure cloud infrastructure. The partnership enables deep integration with Microsoft Entra ID (Azure AD) for SSO, Microsoft 365, and Microsoft Dynamics ERP platforms.
- PayDynamicscorePayDynamics is a partner company of IQ Dynamics that handles payroll and benefits administration outsourcing for IQ Dynamics clients. By outsourcing payroll tasks to PayDynamics, clients can focus resources on strategically growing their business. Services include payroll outsourcing, leave administration, claims outsourcing, HR advisory services, and employee self-service.
- I-Net DynamicscoreI-Net Dynamics is a subsidiary company of IQ Dynamics and an acknowledged ERP application management, IT managed services, and cloud services provider. Specialises in Microsoft Dynamics GP, Microsoft Dynamics 365 Business Central, Microsoft Office 365, IT Managed Services, cloud hosting, and disaster recovery services. Provides end-to-end IT services supporting HRiQ deployment.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
iqDynamics competitors and assessment
Company assessmentDirect peers
- Ramco Systems: Ramco Systems provides global payroll and HCM software with strong Asia-Pacific presence across mid-market and enterprise segments, making it one of the closest head-to-head competitors to IQ Dynamics' HRiQ in APAC.
- BIPO: BIPO delivers HR, payroll outsourcing, and workforce management across Asia-Pacific, overlapping with IQ Dynamics' HRiQ + PayDynamics bundle and competing directly for APAC mid-market HR/payroll deals.
- Frontier e-HR: Frontier e-HR is a regional HCM/HRIS vendor focused on Hong Kong and Greater China with deep local compliance coverage, directly comparable to IQ Dynamics' Singapore-centric compliance-led positioning.
- Ascender HCM: Ascender HCM (formerly NGA Human Resources / regional unit) provides payroll and HCM solutions across APAC, often competing with IQ Dynamics for multi-country APAC enterprise payroll outsourcing wins.
- Unit4: Unit4 provides mid-market cloud ERP and HCM solutions with strong APAC presence in people-centric industries, comparable to IQ Dynamics' mid-market HRMS-plus-services positioning.
Broad incumbents
- ADP (Asia-Pacific): ADP's Asia-Pacific operations deliver global payroll and HCM services at scale with extensive local presence — a broad incumbent alternative for the same mid-to-large enterprise buyers IQ Dynamics targets.
- Workday: Workday is a leading global cloud HCM suite increasingly penetrating APAC mid-market, often competing with or coexisting alongside HRiQ via Workday's documented integration partnership with iqDynamics.
- SAP SuccessFactors: SAP SuccessFactors is a global HCM suite with deep enterprise penetration and a documented integration partnership with HRiQ, frequently evaluated alongside iqDynamics in large APAC HCM RFPs.
- Oracle HCM Cloud: Oracle HCM Cloud is a global, AI-augmented HCM platform commonly shortlisted by mid-to-large enterprises in APAC, representing a significant competitive incumbent to HRiQ.
Emerging players
- Cornerstone OnDemand: Cornerstone OnDemand specializes in talent management and learning — areas HRiQ Talent also covers — and competes for APAC mid-market talent management and LMS opportunities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
iqDynamics social profiles
Digital presenceiqDynamics compliance and trust
Trust signalCompliance6 records
iqDynamics financial estimates
Financial estimateRevenue estimate
Valuation estimate
iqDynamics leadership team
Management profileNumber of profiles
Profiles3 records
iqDynamics subsidiaries and ownership
Company hierarchySubsidiaries2 records
iqDynamics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
iqDynamics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about iqDynamics
What does iqDynamics do?
iqDynamics develops and sells HRiQ, an integrated Human Capital Management (HCM) platform offered as cloud/SaaS or on-premise software, covering employee records, payroll, leave, claims, timesheet, time attendance, compliance tracking, and analytics. It also provides a Talent Management suite for recruitment, onboarding, e-learning, performance appraisal, and talent development. Through subsidiaries PayDynamics and I-Net Dynamics, the company delivers payroll outsourcing and IT managed services to complement the software.
Is iqDynamics a public or private company?
iqDynamics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was iqDynamics founded?
iqDynamics was founded in 1994. It employs 51 to 100 people.
Where is iqDynamics based?
iqDynamics is headquartered in Singapore, Singapore, in the Asia region.
How does iqDynamics make money?
Four revenue lines are on record. HRiQ HRMS Software Subscription (SaaS) is the primary driver. The others are payroll Outsourcing Services, professional Services & Implementation and IT Managed Services.
Who are iqDynamics's main competitors?
Direct peers on record are Ramco Systems, BIPO, Frontier e-HR, Ascender HCM and Unit4. Broad incumbents are ADP (Asia-Pacific), Workday, SAP SuccessFactors and Oracle HCM Cloud. Cornerstone OnDemand is listed as an emerging player.
Does iqDynamics have an API?
Yes. HRiQ offers a public API that enables integration with third-party software and systems. Common integration capabilities include: synchronization of employee data with global HRIS platforms, timeclock data capturing from external hardware/door access systems, roster and schedule interface from external scheduler software, interface of payroll and claims remuneration data to financial software for cost allocation, external applicant tracking software interface for new hire information, external e-learning content providers interface (LinkedIn, Udemy, Coursera), interface with external ERP software for analytical data and reporting, and data exporting to external budgeting/forecasting software. Developer documentation is at www.iqdynamics.com/hr-api-integration.
What industry is iqDynamics in?
iqDynamics's product category is Human Capital Management (HCM) Software. Its primary akta.pro industry code is BPACAPAA, Core HR & HRIS, with a secondary code of BPACAPAB, Payroll, Time & Attendance. Its NAICS code is 5132 and its SIC code is 7372.