Wrkr Ltd (ASX:WRK) offers compliance solutions for Australian superannuation contributions and payroll including member onboarding, clearing, messaging and employee validation.
WRK’s product solutions need to address and comply with a range of government regulations that continue to evolve, with examples being Single Touch Payroll 2.0, Your Future Your Super, Pay Day Super, Rollovers 3.0, and the Security of Critical Infrastructure.
Such regulations provide somewhat of a moat for competitors looking to enter the space and strong customer retention once secured.
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