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intelliHR Holdings continues growth, now with 35 paying customers

The company's HR platform is scalable to global markets and useable in all industries.

pot plant with hedge trimmed to look like upwards arrow
The company combines the automation of HR processes with data analytics

intelliHR Holdings Ltd (ASX:IHR) continues to grow now with 35 paying customers featuring brands such as Fujitsu and McCullough Robertson lawyers.

The company is developing and currently marketing a next-generation cloud-based people management and data analytics platform.

It is a software-as-a-service (SaaS) business model that is scalable to a global market and applicable to all industries.

READ: intelliHR achieves record customer growth for June quarter

The addressable market for intelliHR are businesses employing 20 to 5,000+ workforces in local markets initially with plans to expand internationally.

Customers are now all across Australia and New Zealand and their employees stretch geographically to the US, Poland and the Philippines.

Clients are saving time and money

By using the intelliHR platform, customers are reportedly saving time and money.

One customer with 80+ employees has saved three hours per employee across the onboarding staff process.

Quarterly customer growth is accelerating

Since listing on the ASX in January 2018, customer growth has recently started to accelerate.

Organic growth strategies include direct channel sales through the fast-growing internal sales team and partner channel sales.

The company is targeting partners such as consulting firms to grow its partner network which includes 10 partners.

Quick facts: intelliHR Holdings Ltd

Price: 0.06 AUD

ASX:IHR
Market: ASX
Market Cap: $9.32 m
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