Talentia Software acquires Swiss company Addedo

Talentia Software acquires Swiss company Addedo

Share Button
Talentia Software acquires Swiss company Addedo

Talentia Software, leading provider of HR and Financial Performance enterprise software, accelerates its international development through the acquisition of Swiss company Addedo. This acquisition is an integral part of Talentia Software’s strategy to extend its lead in Corporate Performance Management (CPM) software and become a key European player on this market.

Swiss, Zug-based Addedo is an IT consultancy firm specialising in Corporate Performance Management (CPM) services and applications.  Addedo consulting services focus on the implementation of CPM software, covering key functions such as financial consolidation, budgeting, planning, reporting and analytics. Addedo also acts as an independent licensed reseller for market leading CPM software solutions, offering maintenance and support services to its clients. With close to 11 million Euros in sales, about 25 employees and 200 clients –among which many publicly listed corporations-, Addedo has offices in Switzerland, Germany and Canada.

With more than 55 Million Euros in sales (2016), Talentia Software has operations in France, UK, Italy, Spain, Portugal and Greece.  Consistent with the company’s acquisition strategy, this external growth opportunity enables Talentia Software to establish a physical presence and expand operations in the countries served by Addedo.  This acquisition will also greatly enhance the activity and expertise of its Financial Performance product line.

 Addedo is a licensed reseller for IBM Cognos (ESA Partner) and Longview, providing implementation, maintenance and support services to its clients.  As part of this acquisition, Addedo will keep operating under its own brand, leveraging its strong partnerships and awareness to expand on its markets.  This acquisition will also leverage a natural complementary and help realise strong synergies between Talentia Software, a software provider and Addedo, an IT consulting, deployment and support services firm.

 Michael Kempter will remain President of Addedo to lead Talentia Software’s operations in the DACH region (Germany Austria Switzerland) and the starting operations in North America, with the full support of his current management team.  He is joining the Executive Board of Talentia Software and he will report directly to Viviane Chaine-Ribeiro.

Author Photo

Viviane Chaine-Ribeiro, President of Talentia Software: “This acquisition is a new critical step in our external growth strategy. It will further reinforce our market lead on the fast growing CPM market and accelerate our growth in countries such as Switzerland and Germany.  It will also enable us to set foot in North America where Addedo recently opened an office. We are thrilled to join forces with Addedo, who achieved sustained growth over the years to reach a market-leading position today. Talentia Software will greatly benefit from Addedo’s insights and proven Financial Performance expertise, and in turn, we will be able to provide additional value to our clients and staff”.

Author Photo

Michael Kempter, President of Addedo: “We are pleased to join Talentia Software and merge our skills and capability. We share common values, including the commitment to delivering the highest quality of service to our clients.  We will benefit from each other’s expertise, expand our current product portfolio and combine forces for the benefits of our client’s Financial Performance”.

Talentia Software announces the appointment of  Nadine Carapetian to a new post as Services Director Europe

Talentia Software announces the appointment of Nadine Carapetian to a new post as Services Director Europe

Share Button

Talentia Software, the publisher of specialised corporate performance management software, announces the appointment of Nadine Carapetian, previously Managing Director France, to the newly created post of Services Director Europe

A new, cross-cutting department dedicated to globalising our service offering and customer satisfaction

As part of its increasing internationalisation, with a direct presence in six countries and the development of a network of partners, the Talentia Software group is creating a European Services department, whose main role will be to accompany the transformation and globalisation of the group’s service offerings, strengthen their coherence and ensure their harmonisation. It will also be responsible for the organisation, development and deployment of the “Customer Satisfaction” department and for creating and setting up a Talentia University project.

Nadine Carapetian, who also joins the Group’s board, has been Managing Director France since January 2015 and was previously Talentia Software’s Services Director in France for eight years.

“I am delighted to be taking on these new European responsibilities to support the globalisation of Talentia Software’s Services offerings and develop one of the group’s three strategic priorities – customer satisfaction – at the international level,” says Nadine Carapetian.

 “Nadine’s indisputable, long and solid experience in Talentia Software’s service activities, her commitment to customer satisfaction and her unfailing investment in activities in France made her the natural choice for this position, in an environment she knows perfectly,” continues Franck Boutboul, COO of Talentia Software. “We are delighted that Nadine has agreed to tackle this new challenge and we are confident that she is the best person for this highly strategic post for the group.”

 

Reaffirming a European ambition

Talentia Software is pursuing its ambition of becoming a key European player in corporate performance management for businesses in Europe, with expertise in two main areas: dedicated financial management software on the one hand (accounting, reporting, budgeting and consolidation), and Human Resources (payroll and human capital management) on the other.

The group realised €55,4M in 2016 and has a direct presence in six European countries. It is currently deploying an indirect distribution and integration network to strengthen its position in its current territories and expand into other European countries.

The group is implementing three strategic priorities: growth and deployment, by strengthening its positions in countries where Talentia Software has a direct presence (France, UK, Italy, Spain, Portugal and Greece); the development of its indirect network, the Global Partner Channel; and as always, innovation: the group continues to invest at least 15% of its turnover in R&D.

Today Talentia Software also announces the appointment of Xavier Daguzan to the post of Managing Director France to replace Nadine Carapetian.

Talentia Software recognized in the Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises by Gartner Enhanced Visibility to Speed Talentia Software’s International Growth

Talentia Software recognized in the Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises by Gartner Enhanced Visibility to Speed Talentia Software’s International Growth

Share Button

Talentia Software, a publisher and integrator of specialised operational performance management software, is pleased to announce that, after carefully analyzing the entire Human Capital Management Suites market, Gartner has positioned them in the Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises, published on June 16, 2016 for its Talentia HCM Solution.

 Gartner’s Magic Quadrant presents a strategic analysis of the main players in a market to provide an assessment of their strengths and capacities in terms of strategic vision, the company’s ability to execute and its completeness of vision.

Talentia Software, which develops and publishes business operational performance management solutions (CPM, Finances, HCM, HR…) under both license and SaaS delivery modes, will now have one of its strategic offers integrated to the market’s reference tool.

“We are delighted that Gartner’s analysts have recognized the Talentia HCM solution quality, allowing us to be included in the Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises.

“We believe this choice confirms and reinforces the efforts and investments made by our R&D teams to design and develop one of the 8 best HCM tools in its market. This important step will help us to develop and consolidate our international coverage and to win over new clients to join the 3600 corporations that already use Talentia’ solutions every day. Talentia HCM solution is perfectly adapted to their needs and integrates completely into their environments, particularly in SaaS mode hosted in the Cloud,” Franck Boutboul, COO of Talentia Software.

Talentia HCM is a flexible solution that adapts to market trends and changes; this is because it has a modular structure, can easily integrate with other systems and can adapt to client needs.

Multilingual, available under license or as SaaS, with Cloud hosting solutions, Talentia HCM today presents a unified, integrated HR Solution. The system can hold all of the processes that go into managing a company’s performance and enables HR Executives to analyze key HR information to manage the entire employee life cycle.

Talentia Software focused on strengthening its R&D teams which has allowed them to develop new disruptive approaches to the market with attention to remote working solutions and an incoming HR App for iOS and Android platforms. In order to reinforce its ability to execute, Talentia Software is also launching a very ambitious, international and multidisciplinary program of Customer Care to deliver the best possible service and support to its clients.

For more information about Talentia HCM, please click here

About Gartner’s Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Talentia Software (http://www.talentia-software.co.uk/)

Talentia Software is a publisher and integrator of corporate software solutions specialised in the management of both financial performance (accounting, consolidation, reporting and budget preparation) and human capital (HR payroll, HRIS solutions and talent management). With more than 3,600 customers of all sizes (SMEs, medium-sized companies and major groups) and in all business sectors, Talentia Software is positioned as a leading player in corporate performance management systems. The Group’s range of solutions include Talentia Finance, Talentia HR, Talentia HCM, Talentia Consolidation Express, Talentia CPM, Talentia Intercompany, Talentia SaaS, Talentia Cloud and Talentia Services. The Talentia Software teams, located mainly in Europe, are wholly dedicated to delivering the highest satisfaction to their customers across all parts of the world.

Talentia Software announces the appointment of Franck Boutboul as COO to strengthen the management team, and reaffirm its leadership ambitions on the European market.

Talentia Software announces the appointment of Franck Boutboul as COO to strengthen the management team, and reaffirm its leadership ambitions on the European market.

Share Button

Appointment of Franck Boutboul

Franck Boutboul is the new COO of the Talentia Software Group. Franck has vast experience in the software industry and operational performance management. Having filled various commercial positions, he joined Oracle in 1993, where he served in particular as Vice-President of Industry, EMEA. He subsequently became Director of Sales for Southern Europe at Solectron, before joining HR Access in 2007 and climbing up the corporate ladder from “Director France” in 2008 to “General Manager EMEA” in 2010 and “Chairman  & CEO” in 2012.

 I am very pleased to welcome Franck Boutboul at Talentia Software. He is an outstanding professional with a shrewd understanding of the market and has carried out large-scale projects for leading software providers,” said Viviane Chaine-Ribeiro, President of Talentia Software. “Franck will assist me with the group’s day-to-day management and contribute his vast expertise to help us to expand and to open new avenues of growth while supporting the development of all our European subsidiaries.

I am thrilled to join Talentia Software and to contribute to the adventure of a fast-growing and highly ambitious group. My duties involve the operational management of Talentia Software, the creation of value, organic growth and the development of an indirect sales network,said Franck Boutboul, COO of Talentia Software.

 

Ambitions to match strong potential

Talentia Software aims to become an essential international player in finance and HR software by preserving its fast and steady growth while protecting its basic principles: a product offer reflecting the best market standards, targeting medium-sized companies and major groups, while maintaining high profitability and steady growth in revenue.

More than ever before, Talentia Software is in perfect shape to continue its development. The group has perfected the enrichment and streamlining of its product offer, broken down into two complementary pillars (HR/HCM and Finance/CPM) while developing its SaaS offering and its abilities in terms of hosting and service management at the European level.

In particular, Franck Boutboul will be responsible for developing an indirect distribution network to win new market shares with targeted offers that are specially packaged, upgradable and in SaaS mode only.

While continuing its R&D investments, which already account for 15% of revenue, Talentia Software is actively seeking acquisition opportunities to complement its organic growth strategy and ensure fast development that would create significant value for the group.

In so doing, Talentia Software intends to strengthen its international presence, balance revenue between France and other countries (currently 75% and 25%) and acquire additional technologies or functionalities to consolidate its HR/HCM and Finance/CPM product offers.

 

About Talentia Software (www.talentia-software.com)

Talentia Software is a leading international supplier of HR and finance software solutions, with over 25 years’ experience striving to always deliver the best possible service to customers worldwide. The product range includes Human Capital Management solutions with Talentia HCM, and Corporate Performance Management solutions with Talentia CPM (consolidation, reporting and budgeting). The group supports more than 3600 customers in over 30 countries, ranging from SMEs to large international organisations. Located in the UK, France, Italy, Spain, Portugal and Greece, together with a network of partners across Europe, the USA, South America, Australia, Asia and Africa, Talentia delivers and supports customers globally.

Gartner positions Talentia Software in the Magic Quadrant for Corporate Performance Management Suites

Gartner positions Talentia Software in the Magic Quadrant for Corporate Performance Management Suites

Share Button

Enhanced Visibility to Speed Talentia Software’s International Growth

Talentia Software, the business management software supplier which specialises in corporate operational performance, is pleased to announce that, after carefully analysing the entire Corporate Performance Management market, Gartner has positioned Talentia Software in the Magic Quadrant, published on April 2nd 2015 for its Talentia CPM software solution.

Gartner’s Magic Quadrant presents a strategic analysis of the main players in the market to provide an assessment of their strengths and capabilities in terms of strategic vision, ability to execute and completeness of vision.

Read more

Talentia Software announces growth in turnover and earnings

Talentia Software announces growth in turnover and earnings

Share Button

Strong international growth continues in software and services.

Talentia Software, a leading supplier of HR and finance software, announces a rise in its overall turnover of 1.2%, to € 54.3M, matching the Group’s forecasts. The EBITDA is at € 10.3M compared with € 10.1M in 2013. (Unaudited figures)

“Our earnings are in line with our targets, for the 8th consecutive year, despite an economy still unfavourably impacted by the crisis; these earnings validate the Talentia Software Group’s strategic decisions,” according to Bernard Peugnet, Group CFO. “Our subsidiaries are moving ahead steadily and provide the necessary foundation on which we can base our future growth with our product line which, thanks to our 90 employees in our R & D department, is constantly evolving to suit market needs.”

Start of a readjustment: International Software and Services

Historically present in France with both software solutions and services, Talentia Software is now undertaking a strategic readjustment with two main focuses: international growth that is both organic and open to acquisition opportunities, and progress in its core business, the development and provision of software solutions for all markets in which the Group operates.

This readjustment began in 2014 with 24.8% of turnover coming from international activities, which is expected to double in the medium term, whereas licence sales are up 6.6% overall, with a growth in turnover from recurrent activities going from 25.1M to 25.7M Euros (+2.3%), and in particular continued growth in SaaS (Software as a Service), which rose by 10.3% to more than 6.6M Euros.

A Complete, Modular Line of Solutions

Now with a complete line of solutions meeting the needs of  organisations of all sizes and Talentia Software’s expertise, the Group is continuing its growth in two strategic product lines with definite international potential: Talentia CPM, a corporate performance management software solution which supports key financial processes including reporting, budgeting, forecasting, consolidation and intercompany and Talentia HCM, an advanced talent management and HR software solution encompassing functionality to support the entire employee life cycle.

These completely integrated, modular Talentia Software solutions, perfectly suited to clients’ needs, are available in multiple languages through a SaaS or licence model.