Unit4

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UNIT4 N.V.
Type Naamloze vennootschap (EuronextUNIT4)
Industry Information technology, software
Founded 1980
Headquarters Sliedrecht, Netherlands
Key people Chris Ouwinga (co-CEO),[1] José Duarte (co-CEO),[1] Philip Houben (Chairman of the supervisory board)[2]
Products ERP and accounting software
Revenue €469.8 million (2012)[3]
Profit €23.5 million (2012)[3]
Total assets €614 million (end 2012)[3]
Total equity €258 million (end 2012)[3]
Employees 4,222 (FTE, end 2012)[3]
Website www.unit4.com

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.[4] The company has been ranked by IDC as a top-six mid-market ERP software player globally.[5] Unit4 is listed on Euronext Amsterdam[6] 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,[7] the Cloud Applications company based in San Francisco, California.

History[edit]

Founding and aims[edit]

The company was founded, as Unit Four International, in 1980,[4] 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[edit]

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,[4] it embarked on a strategy of expansion. Early acquisitions included companies such as Acoso, Omegon, X-Logic and Digis.[4]

International expansion[edit]

In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA[8] and the company name was changed to Unit4Agresso. In 2008, it purchased the UK-listed accounting software company, CODA.[9] In 2010 it bought Polish software company Teta.[10] In August 2011 it expanded its Asia-Pacific operations further with the acquisition of HR Software provider PROSOFT.[10]

Rebranding[edit]

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).[11] 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.

Software[edit]

Availability[edit]

Unit4 develops, sells and supports a range of business software titles.

A number of its products are long-established brands and available worldwide, such as the Agresso[12] Business World ERP suite and the Coda Financials[13] 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.

International products[edit]

The software offers a choice of deployment methods:[14] 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:[14] Financials, Planning & Budgeting, Human Resources & Payroll, Project Costing & Billing, Procurement, Business Process Automation, Field Service Team Management, etc. and supports a range of technologies[15] 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.[15]
  • 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:[16] an open client/server[17] 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,[18] 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[19] 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.

References[edit]

  1. ^ a b "webpage: "UNIT4 Management Board"". Unit4. Retrieved 21 October 2010. 
  2. ^ "webpage: "UNIT4 Supervisory Board"". Unit4. Retrieved 14 June 2013. 
  3. ^ a b c d e "webpage: "UNIT4 N.V. reports growth both in revenues and profit"". Unit4. Retrieved 20 February 2013. 
  4. ^ a b c d "Annual Report 2009". Unit4. Retrieved 8 October 2010. 
  5. ^ "Press release: "Unit 4 Agresso #6 on IDC's global mid-market ERP ranking"". Unit4. Retrieved 20 October 2010. 
  6. ^ "Euronext Website: "UNIT4 Market Summary"". Unit4. Retrieved 13 June 2011. 
  7. ^ "Press release: "Unit 4 Agresso creates new company with minority investment from salesforce.com"". Unit4. Retrieved 13 June 2011. 
  8. ^ "Company news: "Unit 4 will offer NOK 20.56 per Agresso share"". NYSE Euronext. 29 Dec 2000. Retrieved 22 Oct 2010. 
  9. ^ "Press release: "CODA offer declared unconditional in all respects"". Unit4. 26 Feb 2008. Retrieved 20 Oct 2010. 
  10. ^ a b "Press release: "UNIT4 complets acquisition of Teta"". Unit4. 29 Nov 2010. Retrieved 14 JUne 2011. 
  11. ^ "Press release: Unit4 Agresso rebrands to consolidate its position as one of the biggest global software firms". Unit4. 28 Jan 2010. Retrieved 1 Mar 2010. 
  12. ^ "Example trademark registration Agresso: serial no. 74223687". United States Patent and Trademark Office. Retrieved 26 October 2010. 
  13. ^ "Example trademark registration Coda: serial No. 73763098". United States Patent and Trademark Office. Retrieved 26 October 2010. 
  14. ^ a b "web page: "Enterprise Resource Planning for Organizations that Embrace Change"". Unit4. Retrieved 29 October 2010. 
  15. ^ a b "White paper: "ABW – ERP with no expiry date"". Unit4. Retrieved 29 October 2010. 
  16. ^ "web page: "Supported Platforms & Languages"". Unit4. Retrieved 29 October 2010. 
  17. ^ "web page: "PC Mag encyclopedia"". Ziff Davis, Inc. Retrieved 29 October 2010. 
  18. ^ "web page: "Products – Coda Financials Overview"". Unit4. Retrieved 29 October 2010. 

External links[edit]