HR Software as a Service. Welcome change in HR Software.

Over the past 7 – 8 years, the HR and Payroll Software Market has progressed through what you would call a basic maturity life-cycle. Back at the start of this cycle, vendors attempted to create value in the market by offering what was perceived as “Market need and demand”. It is true that the target audience of any market defines what is offered by suppliers. In the Australian HR and Payroll Software market, payroll took the lead and most of the providers that existed back then were born as payroll systems. As the cycle progressed and matured, these providers started to tack on token HR components to appease clients and prospects whom themselves were under pressure to make payroll decisions by the finance department. Decisions that did not present any real value to Recruitment and HR. As we stand today, the market has been noticeably fragmented and there now exists 2-3 clear and distinct waves.