Humanica PCL

SET:HUMAN

Business Description

Sector

Industrials

Industry

Professional Services

Headquarters

Thailand TH

Employees

1 102

IPO date

Dec 8, 2017

Humanica PCL sells human resources and payroll software, along with related outsourcing services, to businesses in Thailand and nearby markets. Its main products help companies run payroll, manage employee records, handle attendance and leave, and keep HR data in one system. It also offers consulting and implementation work for customers that need help setting up these systems.

The company makes money mainly through software subscriptions, license and implementation fees, and recurring service income from payroll and HR operations it runs for clients. Its customers are mostly employers that want to replace manual HR work with software and a service partner that can handle routine back-office tasks more reliably.

Humanica’s business is different from a simple software seller because it sits at the center of both the technology and the day-to-day payroll process. That gives it a sticky customer relationship: once a company uses Humanica’s system for payroll and employee administration, switching is inconvenient because the software, data, and service work are closely tied together.