Avetta’s RailWallet Enhancements Aim to Close Australia’s 70,000 Skilled Worker Gap

Since announcing the launch of RailWallet in May 2024, Avetta has integrated product upgrades for industry operators and rail workers to simplify compliance and support the sector's growth

NEWCASTLE, Australia--(BUSINESS WIRE)--Avetta®, the leading provider of supply chain risk management (SCRM) software, today announced key advancements to RailWallet. RailWallet is an industry solution for verifying and managing qualifications and compliance with industry requirements and regulations for all rail workers.

The rail industry is faced with complex industry requirements and regulations, an aging workforce, and labour competition from other industries. Reforms are underway in Australia, as approximately 70,000 more skilled workers will be needed over the next decade to design, operate and sustain growing networks. With 1.5M workers on its network globally, Avetta has the means to support the national rail action plan, equipping the industry to be one step closer to acquiring the skilled workers needed, from train drivers to cyber security experts.

“For those undertaking projects in the rail corridor, RailWallet is a game changer for industry operators seeking to make the rail network safer and more efficient,” said Luke Boyle, VP Operations APAC & Global Worker Support at Avetta. “RailWallet offers cost and time savings for operators, and sustainable digital cards that empower rail workers by giving them access to their own information, such as their qualifications and compliance status, and allowing them to complete online inductions via mobile app.”

Expired competencies, lost access cards and missed training disrupt productivity. With the RailWallet digital card, rail workers can view their roles, competencies and compliance progress, update competency documents, check verification status and complete training assignments and inductions directly from their mobile phones. Industry operators can plan and set training and track and report on the results linked to a rail worker’s profile and digital card.

One of the latest updates is the integration of the RailWallet Student Management System with Registered Training Organisations (RTOs), including Training Ahead Australia. This API integration streamlines and automates the process of uploading competencies, enabling immediate recognition of completed training within the RailWallet mobile app for rail workers. It eliminates the need for manual uploads, saving RTOs 4–5 hours per week.

“With RailWallet’s advanced digital capabilities, we’re not just simplifying compliance—we’re fostering a safer, more connected, and efficient rail industry,” said Shayne Kummerfeld, TrackSAFE Foundation Board Member and National Assistant Secretary at Australian Rail, Tram and Bus Industry Union (RTBU). “This innovation directly supports the sector’s growth, helping bridge the skilled workforce gap and meet evolving industry demands.”

Reducing compliance risks and improving safety and productivity across the rail industry is the foundation of the RailWallet system. RailWallet reduces the duplication of effort in providing the same compliance documentation multiple times between different organisations or projects in a safe and secure ISO 27001 and SSAE Type II certified system. Industry operators can collaborate on business rules and system requirements, set and manage rail workers’ roles, competencies, training and inductions, view worker analytics and training, and control site access to the railway network.

For more information about RailWallet visit www.railwallet.com.au.

About Avetta

The Avetta SaaS platform helps clients manage supply chain risk and their suppliers to become more qualified for jobs. For the hiring clients in our network, we offer the world’s largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom.