In companies with a high intensity of labor (hotel, catering, health, trade, logistics) Payroll often remains treated using Excel files, partial tools and manual treatments. Fluctuating hours, bonuses, overtime, absences, variable legislation, most market software, designed for office environments, are struggling to integrate this reality.
It is to this problem that ordio attacks, founded in Cologne in 2021, by David Keuenhof and Gregor Pilz, the Startup offers a modular platform covering the entire life cycle of field employees, with the management of schedules, absences, onboarding, payroll calculations. Ordio claims more than 1,500 client companies in the sectors concerned.
With “Payroll Plus”, Ordio will be a notch further and integrates the automated treatment of net salary, taking into account all legal and operational variables.
A competitive dynamic in full mutation
On a still fragmented European market, Ordio is distinguished by its ability to unify, in the same platform, operational planning, HR management and automated pay, specifically designed for trades without office. Where actors like Skello or Combo in France focus on the management of schedules, or where Payfit automates payroll for office environments, Ordio targets environments directly with high hourly variability and regulatory constraints. In Germany, Personio and Kenjo offer general HR solutions but are struggling to cover the operational needs of the field. As for Planday, bought by Xero, it remains focused on schedules, without direct management of the payroll treatment.
An HR segment in full consolidation
The European HR software market has been experiencing a renewed interest in investors for two years, with particular attention paid to vertical solutions, capable of meeting the specific needs of sectors that are still not very digital.
The fundraising of 12 million euros announced by Ordio was led by the Austrian fund 3VC, with the participation of the Swiss Family Office Wecken & Cie., As well as existing investors Capnamic and Simon Capital. The company intends to use this funding to strengthen its capacity in automation and artificial intelligence.