Monday, 04 July 2016 15:51

Rision acquires RosterCloud

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What happens when a Melbourne start-up meets a like-minded ASX-listed technology platform company? It’s a start-up's dream.

RosterCloud  was started by Rohan Workman, who in his spare time is the director of the Melbourne Accelerator Program. RosterCloud is cloud-based software that helps events companies better manage their staff.

Rision is an ASX listed team planning and analytics platform that solves the complex people problems that can slow down a business. The system rosters and schedules staff, fills last-minute shifts and gets real-time analytics on team performance.

It’s a good marriage. The acquisition will see Rision take over code development, and service RosterCloud's clients.

Rision listed last May via a reverse takeover of Reclaim Industries and was founded by then 67-year-old app developer Robert Day, who had spent 15 years developing its technology platform. He said at the time the company was set to shake-up the recruitment and HR industry, just as Xero has disrupted the accounting sector.

Rision chief executive and managing director Kate Cornick said: “The acquisition will see Rision boost its customer base in the catering industry and acquire synergistic intellectual property specifically designed for catering companies including reporting and payroll services. The combination of Rision’s mobile rostering platform and RosterCloud’s technology will position Rision as a leader in the provision of software to the catering industry. We anticipate this acquisition will accelerate sales in the catering industry, beyond Rision’s and RosterCloud’s existing business customers in Australia. We also look forward to introducing the technology to the US market where we expect growth in sales.”

RosterCloud’s existing customer base includes premier catering and events companies in Victoria and the ACT. It started in 2011. Co-founder and chief executive Rohan Workman said: “We are excited about the opportunity of integrating RosterCloud’s web technology into Rision’s advanced mobile technology. We are now in a position to offer our existing customers new functionality, including mobile rostering apps for managers and employees and job matching services. Based on our extensive experience of working with the catering industry, we believe the combined product offering will accelerate new customer acquisition.”

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Ray Shaw

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Ray Shaw ray@im.com.au  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!

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