What HR3 does

HR3 is the workforce management sub-brand of ReadyTech Holdings Ltd (ASX:RDY), an Australian Securities Exchange-listed technology company headquartered in Carnegie, Australia. Operating under the umbrella brand ReadyTech (with HR3 listed as a doing-business-as name), the workforce line delivers cloud-based payroll, HR, rostering, time and attendance, recruitment, onboarding, and workplace learning software to businesses across Australia and New Zealand. The platform is purpose-built for the so-called 'standup economy' — industries such as agribusiness, hotels and accommodation, manufacturing, retail, transport and logistics, and professional services that rely on seasonal, shift-based, and multi-site workforces — and includes built-in compliance with the Australian Taxation Office (ATO) and New Zealand Inland Revenue Department (IRD), automated award interpretation, and integrated payroll accuracy tooling.

The product portfolio is structured as a core platform plus modules: Ready Workforce for unified rostering, attendance, and payroll; Ready Pay for compliant payroll processing; Ready Employ for recruitment and onboarding; Ready People as a mobile self-service application for employees; Ready Workforce Learning (launched 2024) as an LMS add-on; and Managed Payroll Services for outsourced payroll execution. The architecture exposes a public API documented at github.com/rdytech/api-docs and an Integration Partners program for interoperability with third-party business systems. Go-to-market is enterprise field sales with 'Register your interest' and 'Request a Demo' CTAs targeting both small businesses and large multi-site enterprises, supported by vertical-specific case studies, webinars, whitepapers, an annual Ready Summit conference, and a masterclass series.

Revenue is generated through a subscription-based SaaS model with quote-based enterprise pricing; specific contract values, ARR, and segment-level revenue are not publicly disclosed in the available source material. Named enterprise customers include global hospitality brands (Accor, IHG, Sofitel, Crown Plaza, Ibis Hotels, JW Marriott), automotive (Hyundai), luxury retail (Ferragamo, Bendon), and agricultural producers (Mr Apple, De Bortoli, Brownrigg Agriculture, Koala Cherries, Tahua), alongside regional operators such as Bonney Energy, Distinctive Options, Haka House, and Millbrook Resort. The division sits within a larger ReadyTech portfolio spanning education, employment services, apprenticeships and training, procurement, government, and justice software, indicating HR3/Ready Workforce is one of multiple product lines under a diversified ASX-listed parent.

Name

HR3

Legal name

ReadyTech Holdings Ltd

Website

https://hr3.com.au

Company type

Public

Founded year

1998

Operating status

Operating

Short description

HR3 is the workforce management sub-brand of ReadyTech Holdings Ltd (ASX:RDY), providing cloud-based payroll, HR, rostering, recruitment, and workplace learning SaaS to multi-site businesses across Australia and New Zealand, with built-in ATO and IRD compliance and focus on seasonal and shift-based industries.

Ownership category

akta.pro rank

Product category

Workforce Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core HR & HRIS (BPACAPAA)

akta.pro secondary industries

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB), HR Compliance, Policy, EEO & Labor Law (BPACAPAM)

Keywords

• HR software solutions
• Payroll management
• Workforce management
• Employee management
• SMB compliance automation

Headquarters

HQ city

Carnegie

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscription: Subscription-based SaaS model providing payroll, HR, and time and attendance software as a service with recurring revenue from software licenses.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

HR3 is a brand of ReadyTech (ASX-listed; ASX:RDY) that provides cloud-based HR and payroll software solutions for small to medium businesses in the "standup economy" across Australia and New Zealand. The platform offers workforce management, payroll processing, employee management, learning management, and managed payroll services tailored to industries such as agriculture, hotels, manufacturing, retail, and transport. Built-in compliance with the ATO (Australia) and IRD (New Zealand) is integrated into the core offering.

Product overview

ReadyTech offers a platform-plus-modules architecture for workforce management, combining core products (Ready Workforce for rostering/attendance, Ready Pay for payroll, Ready Employ for recruitment) with modular add-ons including Ready People (mobile self-service) and Ready Workforce Learning (LMS). Managed Payroll Services provides outsourced payroll support. The platform is ATO and IRD compliant, serving industries including hospitality, agriculture, retail, transport, and professional services across Australia and New Zealand.

Differentiator

Problem solved

Functional benefit

Brands

• Ready Workforce: Complete workforce management with streamlined rostering, time and attendance tracking, and payroll processing.
• Ready Pay
• Ready Employ
• Ready People
• Ready LMS
• Ready Skills
• VETtrak
• Job Ready
• Ready Recruit
• Ready Apprentice
• Ready STA
• Ready Buy
• Ready Contracts
• Ask Procurement
• Ready Community
• Ready Case
• Ready Student
• Orqestra

Products and services

• Ready Workforce Workforce management software that helps SMBs in agriculture, hotels, manufacturing, retail, and transport schedule, roster, and manage their workforce. Designed for the "standup economy" in Australia and New Zealand.
• Ready Pay Cloud-based payroll processing solution for Australian and New Zealand SMBs, with built-in compliance for the ATO and IRD.
• Ready Employ Employee management and onboarding platform for SMB employers in the "standup economy."
• Ready People Core HR solution for SMBs to manage employee records and HR processes across Australia and New Zealand.
• Ready Workforce Learning Learning management system (LMS) integrated into the HR3 workforce suite, enabling employee training and development for SMB customers.
• Managed Payroll Services Outsourced managed payroll service that allows SMB customers to offload payroll processing to HR3/ReadyTech, complementing the software suite.

Named customers18 records

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

One partnership is on record.

• Integration PartnerscoreTechnology or IntegrationIntegration Partners ecosystem providing interoperability with third-party business systems and applications. The page references 'Integration Partners' as part of the workforce solutions offerings, enabling seamless data flow with complementary business tools.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Tanda: Australia-origin workforce management platform offering rostering, time clock, and payroll integration, particularly strong in hospitality, retail, and healthcare. Direct competitor targeting the same SMB and mid-market shift-based segments as HR3.
• Employment Hero: Australia-headquartered HR, payroll, and benefits SaaS platform targeting SMBs and mid-market with full employee lifecycle coverage. Direct competitor to HR3 across AU/NZ, with overlapping payroll and HRIS capabilities, though Employment Hero leads with a benefits/insurance bundle.
• KeyPay: Australia and New Zealand-focused cloud payroll platform acquired by IRIS Software, providing award-interpreter payroll and workforce management. Directly comparable to HR3's Ready Pay and Ready Workforce on AU/NZ compliance and mid-market positioning.
• Deputy: Australia-based workforce management SaaS focused on rostering, time and attendance, and shift scheduling for hourly and shift-based workforces. Closest direct competitor to HR3's Ready Workforce product in hospitality, retail, healthcare, and other standup-economy verticals.

Emerging players

• Personio: European HR and payroll SaaS platform scaling internationally with SMB and mid-market positioning. Comparable to HR3 on the integrated HRIS + payroll + recruitment model, though operating primarily in Europe and emerging in AU/NZ.

Broad incumbents

• Workday: Global enterprise HCM and payroll cloud platform progressively localizing for AU/NZ regulations. Comparable to HR3 on the enterprise HR/payroll axis, though Workday targets larger enterprises and lacks HR3's deep standup-economy focus.
• ADP: Global payroll and HCM giant with RUN, Workforce Now, and enterprise suites; operates in Australia and New Zealand through localized payroll. Overlaps with HR3 on payroll processing and HRIS, particularly for larger ANZ employers and multi-country enterprises.
• Xero: New Zealand-founded accounting and payroll SaaS platform dominant in AU/NZ SMB market with integrated payroll and add-on ecosystem. Overlaps with HR3 in payroll for small businesses and serves as a broad incumbent in the same ANZ customer base.
• BambooHR: US-headquartered HRIS platform focused on SMB and mid-market employers with employee records, onboarding, and payroll integrations. Comparable HRIS layer to HR3's core HR and onboarding modules, though without HR3's AU/NZ payroll compliance depth.
• MYOB: Australia/New Zealand-focused business management software with payroll, accounting, and HR capabilities for SMBs. Competes with HR3 in payroll-adjacent workflows for the same mid-market ANZ customer segments.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks13 records

Key highlights7 records

Customer concentration

• Xx.com/HR3Australia
• GitHubgithub.com/rdytech/api-docs
• LinkedInlinkedin.com/company/readytechau

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HR3