Employment Hero wants to give employers time back. So we acquired a company.

For some Small & Medium Sized Businesses (SMBs), processing their staff’s wages regularly takes them up to a week. We want to reduce that to hours. For many employers, that means no more Sundays spent having to run payroll - SMB owners deserve time off too!

So, today we announce that Employment Hero has acquired Employment Innovations – Australia’s leading provider of employment services. Employment Innovations’ thirty years of managed payroll and HR advisory expertise will now be integrated into the Employment Hero team and platform.

As one team we can now accelerate development of the world’s first fully automated payroll offering. This means we can go beyond just automating the repetitive aspects of payroll. With the added expertise of Employment Innovation we’ll be able to train our systems to automate the more complex payrolls that often change day to day.

Our customers will also now benefit from human-led support. Ultimately giving SMEs across the globe access to the best of both worlds – the accuracy and efficiency of AI alongside human analysis and consultancy.

Globally, we already service over 300,000 businesses, manage over 2 million employees and process over $100bn in payroll annually. And from today, we are supplementing our existing offering to provide managed payroll to our customers across Australia, New Zealand, the UK, Singapore and Malaysia. Customers in Australia and New Zealand can also benefit from HR advisory, soon to be available in other markets too.

Employment Innovations was founded over thirty years ago and they have since become the global experts at scaling managed payroll services and HR advisory services exclusively using? Employment Hero.

Now, today, it makes perfect sense to combine our expertise with theirs as one team, in order to reshape the employment landscape.

From managed payroll today to fully automated payroll tomorrow

We believe the development of automated payroll will be revolutionary. It will deliver increased efficiency and accuracy for thousands of businesses across the globe. This would allow for simple pay runs to be completed instantly and more complex ones in an hour or two, for more manual tasks we predict it could save as much as 80% in payroll processing time.

Our customers are often time poor and under-resourced, offering managed payroll and HR advisory gives them time back to focus on building their business and offering more employment opportunities. Maintaining the all important human-touch alongside increased automation of payroll sees us move another step closer to making employment easier and more valuable for all.

Employment Hero users will now be able to streamline their entire payroll process from start to finish with a professional managed payroll service and leave it to the experts. This means pay runs completed with full visibility, all powered by the Employment Hero platform, with dedicated payroll experts on-hand to handle everything, ensuring compliance and accuracy.

And for our accountant and bookkeeper partners?

For accountants and bookkeepers that use Employment Hero, they can now spend less time actually running payroll and more time providing analysis and advice to their clients. Essentially, AI and automation will do the heavy lifting, allowing people to put their skills to more valuable work. This might include helping their clients make sense of their payroll, or gathering insights to guide them towards data-led decisions on the future of their business.

We value the relationships we've built with our accountant and bookkeeper partners, and this acquisition will strengthen our commitment to collaboration

The news today will benefit our users in a myriad of ways. From saving time, due to the automation of payroll processes, to reduced costs through streamlined payroll management – and all while having the option to have their payroll and HR management handled by experienced professionals.

We’re incredibly excited about this news and look forward to continuing to work with all our customers and partners to give them back time in their busy lives – and transform how employment is managed.