There was a wide range of updates from ERP vendors this week. Rootstock announced a major release, adding Supplier Collaboration to its Supplier Management module. Infor revealed that Rosen Hotels & Resorts has deepened its partnership and will deploy Infor Hospitality across its hospitality group.
Zoho gave business updates for its financial management solution Books and announced the launch of Zoho Finance Plus, which is already widely used and another step towards a full ERP solution.
Pick of the week
At ProjectCon 2022, Deltek unveiled Deltek Unionpoint, an iPaaS solution designed to make it easier for project-based businesses to automate project processes. Built on Workato, Deltek Unionpoint will enable users to quickly build, deploy and manage integrations to and from Deltek solutions. They can utilize the out-of-the-box connections or build their own through the intuitive interface and easily automate workflows, eliminate inefficiencies, and increase collaboration.
Warren Linscott, chief product officer at Deltek, commented, “Deltek Unionpoint expands the connectivity options for project-based businesses and opens the door for Deltek customers to easily integrate to a vast range of applications. It is based on the foundation of integration capabilities that Deltek already offers – and gives customers the power to connect across our industry-specific products and between other point and best-of-breed solutions.”
Deltek also revealed that SAWTST, a small business government contracting firm, has selected Deltek Costpoint and Deltek Talent Management to power its growth by streamlining and automating processes and efficiencies while staying compliant with the federal government.
Debra Hadley, chief financial officer at SAWTST, said, “Being a CFO and part of a finance team at a government contractor requires special skills and understanding of the unique government requirements for finance and accounting.
“How we handle our project information – and our accounting, finances, and reporting – requires the right partnerships with those that know how the government thinks. We need software that makes it easy for us to be efficient and connects the entire company to our project data for a single source of the truth. And we have found that with Deltek. After demoing the software and doing our research, it’s clear that Deltek is miles ahead of the competition and the gold standard for government contractors.”
Acquisitions
Visma has acquired all outstanding House of Control (HoC) shares, a Norwegian SaaS company with shares admitted to trading on Euronext Growth Oslo.
Business
International ERP and Work Management software provider BST Global shared its vision for the data-driven consultancy of the future during multiple AEC industry association events in the Fall of 2022.
ClickUp announced a new partnership with HubSpot. The new integration will offer a two-way sync and seamless automation between the two solutions.
Intuit announced the launch of its third annual Intuit Prosperity Accelerator in collaboration with Highline Beta, a globally recognized accelerator builder-operator and venture capital firm focused on corporate innovation.
Business management platform MYOB announced it had joined forces with leading farm financial management software company, Figured to deliver a comprehensive accounting software integration for the Australian agricultural sector.
Oracle Cloud Infrastructure (OCI) is to sponsor the Student Cluster Competition (SCC) at this year’s International Conference for High-performance Computing, Networking, Storage, and Analysis (SC22).
SOFTONE has deepened its partnership with skroutz launching a brand-new innovative retail solution, GO Retail on Cloud.
SYSPRO announced the expansion of its Independent Software Vendor (ISV) offering with the launch of a global program. The new program is structured to provide customers with choice, flexibility, and a competitive edge through a suite of certified and vertically integrated ISV solutions that complement and augment SYSPRO in specific enterprise business processes.
At Workday Rising EMEA, the company announced continued momentum in the EMEA region as more companies select Workday to help drive digital transformation. It has over 2,000 customers headquartered in Europe, including Asda, Basic Fit, franprix, Glovo, Mazars, and Telpark. The company has seen significant growth in France, Germany, the UK, and other European countries. Workday applications are now used by more than 40% of the FTSE100 and DAX40 and more than 30% of the CAC40.
Workday also announced the first wave of its Industry Accelerators programme in EMEA at Workday Rising Europe, the company’s annual customer conference.
Xero announced a collaboration with Intel to help empower small business owners to better manage their finances. It is the only accounting software provider included in the launch of the Intel Software Advantage Program and can help businesses gain more visibility over their financial position so they can grow faster and smarter.
Xero released a four-point plan and recommendations for the UK Government to make significant changes to support small business recovery. This follows recently released Xero Small Business Insights data showing that late payments cost small businesses £684 million yearly.
Xero announced emissions reduction targets for 2030 as it takes the next step towards net-zero* emissions by 2050. It set the following targets:
- 42% reduction in Scope 1 and 2 emissions from FY20 by FY30
- 17% reduction in Scope 3 emissions from FY20 by FY30
- Net-zero* emissions no later than FY50
Customer
BHP Law, one of the largest law firms in the North East, has chosen legal technology specialist Access Legal as its partner to provide holistic technology as the firm embarks on the next stage of its digital transformation.
Camatic Seating — a leading supplier and manufacturer of ergonomic seating solutions for stadiums, arenas, cinemas, theatres, educational institutions and transit areas around the world — is using Infor’s integrated artificial intelligence (AI) solution to help improve customer satisfaction, increase revenues and optimize the vendor selection process.
Louisiana State University Shreveport (LSUS) has partnered with Infor Hospitality to create frictionless experiences for students and faculty on its campus through mobile ordering with Infor OrderNow and traditional point-of-sale (POS) terminals.
Lockheed Martin and Microsoft announced a landmark expansion of their strategic relationship to help power the next generation of technology for the Department of Defense (DOD).
MRPeasy has revealed details of the decision made by MPW Precision to select MRPEasy for its high-quality manufacturing operation.
Riot, the bitcoin mining company, selected NetSuite ERP due to its scalability and the high-quality implementation support network that is in place. With NetSuite, Riot plans to aggregate data from multiple sources to quickly and easily access relevant business insights.
Raymour & Flanigan, the largest furniture and mattress retailer in the Northeast and seventh largest nationwide, has selected Oracle NetSuite to ensure a seamless shopping experience for its customers. With NetSuite, Raymour & Flanigan can take advantage of an integrated business system to increase efficiency, gain real-time insights into its business, and adapt its operations so that it can continue to stay ahead of the rapid changes in the retail industry.
Historic Tours of America has upgraded its in-store technology to Oracle Retail Xstore Point-of-Service (POS). With the system, Historic tours can now deliver seamless transactions and enhance day-to-day operations while improving the customer experience. Oracle delivered the Xstore upgrade in three months, one of the fastest on record.
The UK’s largest council by land mass, Highland Council, will roll out local government specialist ERP TechnologyOne’s solution to streamline and automate its operations and gain access to real-time data for better decision-making amid increasing inflationary pressures across the UK local government sector.
Bass Coast Shire Council has bolstered council services by almost seven times with TechnologyOne’s OneCouncil Software as a Service (SaaS) platform to better serve its community. More than 57,000 students across seven Victorian TAFEs will soon benefit from the wave of digital transformation powering the sector, with these institutions investing in major software upgrades to adopt TechnologyOne’s modern and market-leading Software-as-a-Service (SaaS) solution.
Box Hill Institute has contracted TechnologyOne to help upgrade key financial and business management systems with its solutions. Queensland corporate powerhouses BMD Group and TechnologyOne have joined forces in a new seven-year, $17 million partnership that will see the nation’s largest privately owned civil contractor invest in a major technology upgrade to transform and power a pipeline of approximately $2bn of projects in Australia every year.
Financial Reports
Sage published its full-year results. Total revenue rose 6% to £1.924 billion, recurring revenue rose 9% to £1.824 billion, and operating profit rose 8% to £383 million.
Steve Har, CEO of Sage, commented, “Sage has had a strong year, making good progress as we deliver on our strategic priorities. We significantly accelerated revenue across all key products and regions, expanded our organic operating margin and delivered strong cash flow. ARR growth of 12%, underpinned by increasing levels of new customer acquisition, is particularly encouraging and positions us well for the year ahead.
“Sage’s purpose of knocking down barriers so everyone can thrive is more important now than ever. Sage Business Cloud solutions enable small and mid-sized businesses to streamline their processes and unlock productivity, helping them to achieve more with less. While we are mindful of macroeconomic uncertainties, I am confident that our resilient business model together with our strategy for delivering efficient growth, centred on our expanding digital network, will enable us to create further long-term value for all our stakeholders.”
Product
Microsoft Corp. announced the Microsoft Supply Chain Platform, which helps organizations maximize their supply chain data estate investment with an open approach, bringing the best of Microsoft AI, collaboration, low-code, security and SaaS applications in a composable platform. The company also announced the preview of Microsoft Supply Chain Center, a ready-made command centre for supply chain visibility and transformation and part of the Microsoft Supply Chain Platform. Supply Chain Center is designed to work natively with an organization’s supply chain data and applications, with built-in collaboration, supply and demand insights, and order management.
SAP announced SAP Build, a low-code solution that puts SAP’s world-class enterprise technology in the hands of business users, giving them direct, secure access to the end-to-end processes, data and context they need to make smarter decisions and drive innovation quickly. The offering empowers business users with minimal technical expertise to create and augment enterprise applications, automate processes and design business sites with drag-and-drop simplicity. The company also extended the SAP Learning Site through a new partnership with Coursera.
simPro improved the simPRO data feed and released simPRO 22.4.4, which adds a Xero and QuickBooks Online Accounting Link (Singapore only), an enhancement to the Form builder, separate invoice numbering and more.
VAI announced that VAI Cloud, LLC, a subsidiary of VAI, is adding additional security, detection and prevention capabilities to its cloud infrastructure to provide global customers with ongoing 100% uptime in the cloud.
