The company, which currently has 40,000 users around the globe, said the investment will fund its international expansion and help establish its Workware software as the industry standard for back office workforce optimisation.
Workware enables users to better forecast future workforce requirements over the medium and long term to plan and manage staff levels.
AOMi’s customers include Barclays, Capita, Xchanging, Genpact, IFDS, ANZ, Westpac, National Australia Bank, New Zealand Inland Revenue, ABSA, Nedbank, Kotak Mahindra Bank, TD Bank, Fifth Third Bank, TD Canada Trust and Banque Nationale Du Canada.
Calculus investment director Richard Moore said, “Workforce optimisation in back office operations is rapidly emerging as a unique discipline supported by its own range of software tools.
“Applying the right training and software can quickly improve efficiency, employee satisfaction, quality and service, thereby achieving a rapid return on investment.
“Historically labour-intensive industries have relied on spreadsheets, home-grown databases and ad hoc manual processes and have lagged behind other sectors in their use of technology. With 40,000 users globally, AOMi’s cloud-based WorkwareTM software is a leading solution in this developing industry.”
Last year Calculus invested £1.4m in London-based Mexican restaurant chain Benito’s Hat.
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