SPA Strategy Seminar

Please attend SPA's upcoming Strategy Seminar to be held at the Ritz Carlton Ft. Lauderdale, Fla, on Friday, February 22, 2013 from 8:00am to 5:00pm. Equal parts strategy and practical tactics, the seminar addresses key topics that are particularly relevant in a recovering economy. This year's conference brings together an outstanding group of industry experts to offer strategies on driving shareholder value.

Register Now To Request A Seat: http://strategicpricing.com/events/seminars/FtLauderdale.php

This big-picture seminar is focused on strategic topics of importance to the owners, CEOs, CFOs and general managers of distribution and manufacturing companies. Experts will address the topics essential to accelerating the customer value proposition, competitive positioning and market value of any distribution or manufacturing business. The seminar addresses the strategic, analytical, process and cultural issues that are fundamental to maximizing shareholder value. The seminar will focus on the high-level, strategic and structural issues that are easily neglected in the hustle and bustle of daily business demands. It will help you to refocus your organization on the drivers of economic value.

Visma, a KKR portfolio company, Invests in Acumatica

Investment and distribution agreement to accelerate adoption of Acumatica’s Cloud accounting, ERP, and CRM software worldwide.

Acumatica, a provider of Cloud ERP software, announced the close of a round of investment led by Visma, a portfolio company of an affiliate of Kohlberg Kravis Roberts & Co. In addition to the investment, Visma will help to accelerate Acumatica sales and partnership goals, through its own activities as a leading Nordic-based technology company that delivers accounting, tax, and payroll applications to hundreds of thousands of SMEs in the Nordic region and through its network. The investment will be used to help Acumatica expand its sales and marketing efforts, continue development of its leading technology platform, and secure its position as a leader in providing Cloud ERP software.

Unlike traditional software solutions, Acumatica allows clients to work from anywhere without complex client software so businesses can involve everybody while saving money on deployment and ongoing operational costs. Unlike SaaS-only providers, Acumatica allows customers to control the location of their data, the timing of upgrades, and ongoing software expenses.

“Acumatica is the only established Cloud ERP vendor with technology that gives customers the choice to deploy their software on-premise, hosted in a cloud datacenter, or purchased as a turnkey SaaS solution,” said Øystein Moan, CEO at Visma. “Our investment in Acumatica acknowledges their unique positioning within the market and our belief that Cloud technology will play a critical role in the future of ERP software. We will adapt Acumatica for the Nordic markets and distribute Acumatica to our tens of thousands of midsized customers in Norway, Sweden, Finland, Denmark, and The Netherlands.”

Acumatica’s software delivers a complete set of solutions to cover all mid-sized business needs. This includes advanced financial features that are integrated with inventory, sales orders, purchase orders, customer management, and many other modules. A flourishing community of third party developers utilizes Acumatica’s development platform to construct fully integrated modules for manufacturing, ecommerce, payroll, EDI, point of sales, and other vertical market solutions. Acumatica has hundreds of customers in several industries including key accounts in wholesale distribution, financial services, hospitality, manufacturing, not for profit, and professional services.

“This new round of financing is important because Visma will provide the resources to help establish Acumatica as the global leader in Cloud ERP software and introduce Acumatica to several new high-quality business partners through its network," said Ezequiel Steiner, CEO of Acumatica. "A partner like Visma is a testament to our current business plan, our product roadmap, and the efforts of our channel partners as well as a vote of confidence in our ERP technology. This partnership enhances the credibility of Acumatica in the eyes of our customers."

About Visma 
Visma is the leading Nordic-based technology company that delivers mission-critical software and services, such as accounting, tax, and payroll applications, to over 300,000 SME customers in the Nordic region and the Netherlands.  The group comprises five business areas which are Visma Software, Visma BPO, Visma Commerce Solutions, Visma Retail and Visma Projects & Consulting. For additional information, please visit Visma’s website at www.visma.com.

About Acumatica
Acumatica develops web-based ERP software that delivers the benefits of Cloud and SaaS without sacrificing customization, control, security, or speed.  Acumatica can be deployed on premise, hosted at a datacenter, or run on a Cloud computing platform.  Learn more about Acumatica’s Cloud ERP solution at www.acumatica.com.