Business Daily Media

Times Advertising

.

Humanforce founder and MD Bruce Mackenzie exits after 20 years at the helm



Bruce Mackenzie, thefounderand Managing Director of global workforce management technologycompany,Humanforce, today announced hewasexiting the business after selling his substantialremainingstake to Silicon Valley based private equity firm Accel-KKR. 

 

Mackenzie, who set up the business in 2002 and bootstrapped the venture for 17 years, exits with an eight-figure settlement after selling his remaining stake to Accel-KKR. 

 

“After twenty years in thetopjob,the time was right tofind a new challenge – something I’m very much looking forward to later this year,” he said. 

 

“I set up the business at a time whenhumanworkforce management techniques still used pad and pencilor Excel at best,whilestaff had to physically clock on and off and workers were paid in cash." 
 
“I’m incredibly proud to walk away from a business in such great shape. It’s an amazing company, with a top team. The Humanforce  SAAS solution is  being used across the globe and helps create better workplace outcomes for millions of people. 
 
“The gig economy is here to stay andHumanforceis ‘front andcentre’ of that movement.” 
 
Humanforceis a SaaS workforce management solution for contingent workforces that includescoreHR, time and attendance, rostering, employee availability and payroll data to manage and engage employees.It has clients all over the world including throughout Australia, Europe,Asiaand North America. 
 
MrMackenzie said he would take a short professional break before starting his next venture. 
 
“There’s no rest for the 'driven'. I reckon I’m good for about three months off before I begin to get itchy feet,” he said. 
 
“My golf game is not that good to warrant a long period of time on the sidelines.I already have an idea for my next venture, and I look forward to working on that when the time is right,” he said. 

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement.  Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...