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unit 4 nv (UITFF) Details

UNIT4 N.V., a business software and services company, creates, provides, and supports software through the cloud or on-premise worldwide. The company’s product portfolio includes UNIT 4 Agresso, an enterprise resource planning (ERP) solution that supports various business processes; UNIT 4 CODA Financials, a financial management solution; UNIT4 Campus, a solution for education and research;, which offers online accounting software as service; UNIT4 AccountAnalyser, a solution to support financial auditing and the provision of management information; and UNIT4 Agresso Wholesale, an integrated ERP solution for customers in the wholesale sector. Its products also comprise UNIT4 Business Analytics, a performance management tool that allows managers to understand targets, pinpoint problems, find answers, and make informed decisions; UNIT4 Consolidation & Cash, a solution that delivers group accounting, statutory reporting, intercompany netting, and cash planning; and human resource management (HRM) solutions covering various aspects of HR, payroll, talent management, and recruitment. The company also provides UNIT4 Travel & Expenses, a travel and expenses management solution for organization and employees; UNIT4 Agresso Shared Journey, a cloud based shared services platform; and various mobile applications. In addition, it offers UNIT4 Absence Manager, an absence reporting and management tool; UNIT4 Agresso Research Costing & Pricing, a costing solution; UNIT4 Cash flow Planning, a solution for planning cash flow; and UNIT4 Time Management, a time and attendance tool. The company serves various industries and markets, including education and research, financial services, professional services, not for profit, retail, transportation and logistics, wholesale, and distribution markets, as well as government. Unit 4 N.V. was founded in 1980 and is headquartered in Sliedrecht, the Netherlands. As of March 19, 2014, Unit 4 N.V. was taken private.

4,120 Employees
Last Reported Date: 03/19/14
Founded in 1980

unit 4 nv (UITFF) Top Compensated Officers

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Compensation as of Fiscal Year 2014.

unit 4 nv (UITFF) Key Developments

Wigan Council Selects UNIT4 Invoice4 to Drive Process Efficiency and Cost Reduction

UNIT4 announced that Wigan Council has purchased the UNIT4 Invoice4 solution as part of its objectives to drive process efficiency, automation and transformation within the Accounts Payable and Purchase to Pay processes. The Invoice4 solution will enable the council to scan incoming paper invoices and automatically import invoices that are received by email, once imported the Invoice4 solution will use intelligent data capture technologies to extract key information and identify invoice exceptions at the earliest opportunity. By adopting Invoice4, purchase invoices will be received into the UNIT4 ERP solution faster, with less effort and greater accuracy. It will also provide easy and rapid access to the electronic images held in the council’s existing UNIT4 ERP solution and deliver a structured process for managing highlighted exceptions. Invoice4 is a UNIT4 solution, powered by Intelligent Capture. The long-term partnership has seen both organizations work closely to design and develop seamlessly integrated, modular solutions and services aimed specifically at UNIT4 customers for Accounts Payable, Purchase to Pay and wider processes. As the solution is modular, the council has the option to generate further efficiencies, for example it could look to receipt invoices in other formats like XML and scan other types of documents aside from invoices, both within finance and other departments.

Global Green Growth Institute Deploys UNIT4's Enterprise Resource Planning Platform

UNIT4 N.V. has announced that The Global Green Growth Institute, or GGGI, an inter-governmental organization established to support a new model of economic development, has deployed its Agresso Enterprise Resource Planning, or ERP, platform to provide operational support for its donor management. GGGI selected UNIT4's Agresso ERP solution to streamline its finance, procurement and human resources departments. It enables GGGI to manage donors and their donations transparently and efficiently, better supporting its nonprofit strategy for green growth in developing countries.

Unit4 to Expand its Activities in Poland and Spain

Unit4 will expand its activities in Poland and Spain, which will require a substantial investment. The expansion concerns Agresso accounting packages and is in line with the company's growth strategy. According to the company, companies are increasingly making use of leased packages under the so-called Software as a Service or SaaS business model. Previously, they bought those packages. Unit4 recognises more growth chances in this segment as the 40% revenue growth from SaaS service fees considerably exceeds what is generated from software licences. The company has already made considerable investments to create the next generation of enterprise software, as demonstrated with the latest release of its Agresso ERP platform and through its investment in US cloud applications company


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