|This article needs additional citations for verification. (December 2009)|
|Type||Naamloze vennootschap (Euronext: UNIT4)|
|Industry||Information technology, software|
|Key people||Chris Ouwinga (co-CEO), José Duarte (co-CEO), Philip Houben (Chairman of the supervisory board)|
|Products||ERP and accounting software|
|Revenue||€469.8 million (2012)|
|Profit||€23.5 million (2012)|
|Total assets||€614 million (end 2012)|
|Total equity||€258 million (end 2012)|
|Employees||4,222 (FTE, end 2012)|
UNIT4 N.V. is a Dutch software company that provides enterprise software applications and related professional services, similar to SAP, Oracle and other leading ERP-systems, in order to support businesses and organizations of all sizes, globally. Headquartered in Sliedrecht, Netherlands, it has subsidiaries and offices in 26 countries across Europe, North America, the Asia-Pacific region and Africa and it works with local partners to complete its global coverage. The company has been ranked by IDC as a top-six mid-market ERP software player globally. Unit4 is listed on Euronext Amsterdam and is included in the Amsterdam Midkap Index (AMX). The company’s best-known products are the Agresso Business World ERP suite and the Coda Financials accounting software. It is also the major shareholder of FinancialForce.com, the Cloud Applications company based in San Francisco, California.
Founding and aims
The company was founded, as Unit Four International, in 1980, with the (then) quite novel aim of developing platform-independent, standard application software, to offer useful tools and functions that could be used by any employee and that would be based around the business processes of the customer – instead of requiring new or adapted business processes, dictated by the design of the software.
Growth and flotation
The company’s initial geographic focus was on the Benelux region but following a period of accelerating growth in the 1990s and its public listing on the Amsterdam Stock Exchange in 1998, it embarked on a strategy of expansion. Early acquisitions included companies such as Acoso, Omegon, X-Logic and Digis.
In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA and the company name was changed to Unit4Agresso. In 2008, it purchased the UK-listed accounting software company, CODA. In 2010 it bought Polish software company Teta. In August 2011 it expanded its Asia-Pacific operations further with the acquisition of HR Software provider PROSOFT.
In 2010, Unit4Agresso rebranded, changing its main company name to Unit4 and rebranding its subsidiary operations around the world to incorporate the Unit4 name – for example: Unit4 Business Software Limited (in the UK), Unit4 Agresso AS (in Norway), Unit4 Coda, Inc. (in North America) and Unit4 Business Software, Inc (also in North America). Nowadays, Unit4 has subsidiaries and offices in 26 countries across Europe, North-America, Asia-Pacific and Africa, as well as sales activities in several other countries.
A number of its products are long-established brands and available worldwide, such as the Agresso Business World ERP suite and the Coda Financials financial management software. In addition, the company offers other software solutions of various types, which are available from one or more of its subsidiaries, depending on each product’s relevance and suitability for use in a given country.
- Agresso Business World is an Enterprise Resource Planning (ERP) solution – i.e. a single software solution that offers dedicated modules within it, each of which assists with specific business processes and/or department-related or role-related tasks across different functional areas of an organization.
- The software offers a choice of deployment methods: a smart-client (i.e. Windows-based client) and a platform-independent “Self Service” client that runs via a web browser. It comprises a number of core modules, which include: Financials, Planning & Budgeting, Human Resources & Payroll, Project Costing & Billing, Procurement, Business Process Automation, Field Service Team Management, etc. and supports a range of technologies that allow integration with third-party/legacy systems through various formats, including XML. It also allows for data warehousing and data retrieval through an integrated suite of desktop reporting tools, including "Excelerator", which provides users the ability to run queries though Microsoft Excel and returns the data set within the Excel application.
- Coda Financials is a software package that delivers functional support for the business processes and/or department-related or role-related tasks of one particular functional area of an organization: the accounting or finance team.
- The software offers a choice of deployment methods: an open client/server edition, supported on a matrix of operating system and database server combinations; a platform-independent browser-based client; and as a web service to embed the software as the finance engine within any other application suite. It comprises a number of core financial management modules, which include: Accounting, Spend Management, Budgeting, Consolidation & Treasury management, Process & Control Automation, and Reporting & Analysis. So as to co-exist and integrate with other business systems, the product’s Link system architecture has been designed to support a range of technologies that enable integration with third-party/legacy systems, through various formats, including XML and web services.
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