Enterprise Resource Planning (‘ERP’) is the name given to the host of software and services available to businesses to help them manage their day-to-day activities. Human Resources, Accounting, Compliance…. For companies who don’t have dedicated teams in these areas (and even for those that do), ERP is a vital part of the equation.
Hg has been building up its experience in the ERP sector for the past 13 years, investing in companies like Visma, MediFox, TeamSystem, SHL, Raet, P&I, BrightPay and, most recently, Transporeon. From this vantage point, Jean-Baptiste Brian posits that the move from on-premise to the Software-as-a-Service model allows ERP providers to provide a new layer of value to their users.
Through constant and consistent proximity to the user’s data and activities, a range of highly relevant additional services can be offered, at the right moment and at the right price, so that the business can continue to run smoothly. A perfect example of this is the system recognising when future plans and funding levels may be mismatched and, with full knowledge of what the company can afford, offering credit to achieve these goals on-screen and without using the time and resource needed to apply through the usual channels.