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ELE Engineering Case Study – People Planner

ELE Grows amidst a tough economic climate with Deltek People Planner

ELE Engineering, a Technology Consulting Company that provides advanced services to technology-intensive engineering organizations, is one example of Swedish innovation.

Christian Fisher, IT Manager for ELE Engineering, explained: “Our mission is to enhance customers’ competitiveness by providing the engineering skills they lack, in addition to delivering superior solutions in our key business areas”. “Above a certain break-even utilization percentage, we become profitable. Deltek’s resource management solution People Planner has helped us improve our utilization rate by 3%, helping us focus on increasing and maintaining profitability.”

Download this Case Study below:

 

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Strategic Recruiting: Hiring Talent for the Long Haul. Download Case Study below

Hire the best Talent: Hire people in line with the company’s values and direction, not just any warm body.

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In our previous blog post, “What Can You Do in the War for Talent,” Judy Fort discussed what the job market currently looks like, and how companies are struggling to find and retain the right talent for their organizations. In this blog, I want to go a little deeper into what it actually means to find the RIGHT talent.
Sure, there are plenty of talented people in the workforce, and all of them are evaluating their different options just as much as you are evaluating them. But the truth of the matter is, too often companies fall into the mindset that it’s better to just hire someone as soon as possible to fill an open requisition as long as they have the basic requirements needed.

Filling positions quickly can certainly make the HR team look good, but if that person turns out to be a bad hire, that can become a very costly mistake. According to one staffing agency, “In the long run, it’s more difficult for the manager and team to accommodate a poor performer than it is to invest in recruiting quality candidates for job placement.”

So what steps should companies take to make sure they’re hiring the right person every time?

  1. Strategic Fit: First and foremost, organizations need to clearly define why they are hiring this person – in other words, where will this role fit into the organizational strategy and direction? Every role needs a purpose. Not only will this ensure that the employee filling the role is adding long-term value to the organization, but it will also ensure that the employee feels a sense of purpose every day they come to work.
  1. Cultural Fit: Secondly, the company should have clear tangible values and culture that each employee contributes to in some way. The reality is, that no matter how talented someone may be at what they do, they may not fit into their department, their team or the company as a whole, which would make them just as bad of a hire as someone without the proper skills. If they don’t feel like they belong, they will quickly become disengaged, and would probably end up leaving their role prematurely, putting you back at square one.
  1. Competency Fit: Last but not least, the most common fit that recruiters look for in candidates is in the experience and skills they have acquired that make them eligible for the position. This is the most obvious fit, but even here, companies can be too hasty in their decisions if a candidate has “most” of the requirements they are looking for. One of the easiest ways to mitigate this is to list out the position’s “must-haves” and “nice-to-haves”. That way if someone is missing one of the “must-haves”, they are automatically disqualified from the position.

So after going over each of the things recruiters have to watch out for when it comes to finding the right talent, there are, of course, ways to make the process simpler. Automating much of this process through a talent acquisition or recruiting technology can save a huge amount of time and stress. All too often, we come across companies that are so bogged down in manually sorting through resumes and “administrivia”, that they are unable to improve their process or become more strategic about who they are hiring.

Putting a technology in place to weed out unqualified candidates allows HR the time they need to report on which sources provide them with the best candidates, what types of qualities they find in top talent, and ultimately which candidates look the most promising for the future of the organization.

For more tips on finding top talent, and a real life success story, check out this case study from the City of Arvada.

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Leading Kenyan Law Firm Anjarwalla & Khanna Selects Deltek Maconomy

Leading African law firm chooses Deltek Maconomy for its pan-African practice to improve matter management, staff utilisation and client interaction.

 

Nairobi, Kenya – 26 August, 2015 – Deltek, the leading global provider of enterprise software and information solutions for project-based businesses, today announced that Kenyan law firm Anjarwalla & Khanna (A&K) has chosen Deltek Maconomy to improve matter management, staff utilisation and client interaction. A&K will use Deltek to consolidate its organisation under a single, integrated Practice Management Enterprise Resource Platform (ERP) to help streamline its services.

Anjarwalla & Khanna is the largest corporate law firm in Eastern Africa and is generally considered the leading full-service corporate law firm in Kenya. A&K and its affiliated businesses have offices in Nairobi, Mombasa, Dubai and Dar es Salaam. It offers a broad range of legal services in key commercial centres and is known for its ability to handle complex corporate transactions. A&K also founded and is a member of ALN, a leading alliance of top-tier independent law firms across Africa.

Given A&K’s rapid growth and its work across countries and practices, the firm recognized the need to consolidate business operations onto a single ERP platform, allowing for system unification, data transparency, enhanced matter management and conversion of manual processes like billing to digital, with the goal of ultimately increasing efficiency.

“We were looking for a solution that would give us a competitive edge, improve efficiency in our business processes and also differentiate us from the way we deliver services. As we evaluated our options, it became clear that Deltek’s solution offered the leading end-to-end practice management solution, including advanced reporting, mobility and modern technology plus multi-dimensional accounts that cater to our multiple offices, partners and practice areas,” said Shital Shah, Chief Operating Officer at A&K. “We also were pleased with the option to leverage Deltek’s local partner, Silversoft, for implementation and support. We look forward to working with both companies and joining the global list of successful professional firms that rely on Deltek to power their businesses.”

“As today’s professional services firms such as A&K continue to experience global growth, we see an increased demand for an integrated ERP solution that creates unified processes across clients, matters, partners and regions. A&K shared that vision, and we are thrilled that it selected Deltek to manage its global practice to power its growth,” said Claus Thorsgaard, EVP & General Manager of Enterprise, International & Channel Sales at Deltek. “We look forward to partnering with Silversoft and A&K as it begins its implementation process and goes live on Deltek Maconomy in the coming months.”

About Anjarwalla & Khanna

Anjarwalla & Khanna (A&K) is the largest corporate law firm in Eastern Africa, with close to 80 lawyers, and is generally considered the leading full-service corporate law firm in Kenya, focusing on corporate and commercial matters, mergers and acquisitions, employment law and employee benefits, immigration, property development, tax, capital markets, private equity, infrastructure and construction, project finance, public procurement, competition law, banking and regulatory advisory work, intellectual property and dispute resolution. A&K is the founding member of ALN, a pan-African alliance of independent top-tier law firms in Botswana, Burundi, Ethiopia, Kenya, Malawi, Mauritius, Nigeria, Rwanda, South Africa (associated office), Sudan, Tanzania, Uganda and Zambia. Through ALN, A&K is singularly placed to provide local, regional and cross-border legal services. ALN’s member firms offer unparalleled depth and breadth of legal advice in key African investment destinations.

A&K was short-listed for African Law Firm of the Year 2014 by the prestigious African Legal Awards, having won this distinction in 2013. It is ranked first in Kenya by various global legal directories, including Chambers Global, IFLR, and Legal 500.

About Silversoft

Silversoft, headquartered in Johannesburg South Africa, is a multinational enterprise software provider focused on delivering solutions to people and project-centric firms. It has partnered with Deltek for more than ten years in offering best-in-class enterprise software tailored for professional services firms in African and surrounds. It’s cloud, on premise and mobile solutions deliver real-time information that helps its clients optimise their resources, manage costs and drive profitability behaviour. Silversoft’s Deltek ERP solutions provide a fully integrated set of financial ledgers, people, project and client management functionality – which supports the entire service delivery life cycle from client acquisition to visualizing key performance indicators. Silversoft’s highly skilled consultants and tailored offering have seen some of the largest professional services firms in the world invest in its solutions. It is also a proud Level 1 BBBEE Contributor.

About Deltek

Deltek is the leading global provider of enterprise software and information solutions for government contractors, professional services firms and other project- and people-based businesses. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 20,000 organizations and millions of users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, recruit and develop talent, optimize resources, streamline operations and deliver more profitable projects. Deltek – Know more. Do more.® www.deltek.com

 

Follow us on Twitter @Deltek or fan us on Facebook at www.facebook.com/deltekinc

For further information contact:

Lauran Cacciatori
Senior Director, Corporate Marketing and Communications
Deltek
+1 703.885.9947
laurancacciatori@deltek.com

SUCCESSFUL KNOWLEDGE SHARING SCHJODT’S CASE STUDY

Successful knowledge sharing is business-critical for any law firm. It is important to integrate the employees’ work with supporting systems, for instance document and task handling, in the best way possible. Read Schjodt’s case study to learn how the implementation of Deltek Maconomy helped them achieve knowledge sharing throughout the company. Fill the form below to download the Case Study.[/vc_column_text]

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Govind Development, Ranked the Fastest Growing Engineering Firm in America, Selects Deltek to Manage its Business.

HERNDON, VA – July 9th, 2014 –  Deltek, the leading global provider of enterprise software and information solutions for professional services firms and government contractors, announced that Govind Development, LLC (Govind) – recently named the fastest growing engineering firm in the country in the 2013 Inc. 500 rankings – has selected Deltek Vision to manage its business. The engineering firm will rely on Deltek as the financial, HR, and project management foundation to help power its continued growth.

 

After doubling the size of its workforce, Govind knew it could no longer run multiple, disparate systems for timesheets, reporting, employee data, and payroll – with no single view of the firm’s performance. It began a search for an integrated ERP solution to streamline its financial/HR management processes and provide easy access to the data needed to run its business efficiently. It also required project and resource management capabilities to ensure the right people are on the right projects, at the right time. After a thorough review of other systems including SAP, Govind ultimately selected Deltek Vision, designed specifically for architecture and engineering firms.

 

“Deltek Vision was an easy choice for Govind – it has all the capabilities we needed to work smarter as an organization so we could focus our efforts on delivering for our customers,” said Natesh Kumar, CFO at Govind. “Deltek inherently understands our business better than any other ERP provider that we evaluated. Vision is a scalable solution that delivers live reporting on employee utilization and the necessary tools we need for project profitability. We are excited to take advantage of the benefits of this solution and will rely on Deltek to build the financial and HR management foundation that will help drive our growth.”

 

“Govind was recently named the fastest-growing engineering firm in the United States by the Inc. 500 which is a huge accomplishment for a five year old firm, and we are thrilled that Govind selected Deltek to support its long-term business strategy,” said Claus Thorsgaard, Executive VP and General Manager of Professional Services at Deltek. “Deltek Vision was specifically designed to support the complete project lifecycle of A&E firms like Govind and offers a full range of capabilities from pipeline building and client management all the way to financial management and project execution. Vision is used by over 4,500 leading A&E firms, and we are pleased to add such a high profile customer to our global network of architecture and engineering firms.”

 

About Govind Development
Govind Development, LLC – Engineering Division (GDL) is a full-service, multi-discipline firm with extensive refinery, petrochemical and terminals capabilities.  Our staff of highly trained engineers and designers has the ability to generate packages for maintenance, turnaround, re-design or grass-roots project scopes.

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RISCURA SELECTS DELTEK VISION

South African financial services firm Riscura selected Deltek Vision to optimise business processes, improve management reporting and financial budgeting, enhance client relationship management and enable better measurement of KPIs and profitability.  [Johannesburg, 20 February 2014]

Deltek, the leading global provider of enterprise software and information solutions for professional services firms, today announced that RisCura, a financial services firm in South Africa, has selected Deltek Vision as its fully-integrated ERP solution. RisCura will use Deltek Vision to integrate its unique CRM activities into projects and accounting processes and increase profitability.

Headquartered in Cape Town, South Africa, with more than 100 employees in offices in several African countries and in the UK, RisCura offers independent advice, analysis and reporting for asset owners, investment managers, hedge funds, private equity firms and brokers. As a highly client-centric firm, RisCura was looking for an integrated ERP and CRM solution to improve performance through more efficient processes, to deliver insight and enhanced reporting into key metrics, and to ensure tight financial integration.

After an in-depth evaluation process, it soon became clear Deltek and its local partner Silversoft could meet or exceed RisCura’s requirements, including RisCura’s unique CRM needs. Deltek will enable RisCura to move away from working in disparate systems and will support the entire project flow from CRM and project control, to financial management in a single integrated ERP solution. RisCura will also use Deltek Vision’s highly configurable platform to create and manage its own user-designed forms and fields which will support industry-specific information collection and management requirements.

“After a thorough selection process that included other major business ERP software brands, it was not hard for us to choose Deltek as they stood out as true experts in the professional services field with people who displayed an impressive knowledge of what it takes to run a project- and people-based business. In addition, Deltek Vision completely caters to our unique business processes, delivering timely management information directly from the system, and ensuring we can fully integrate our CRM with project planning and accounting. This will give us better visibility and ultimately grow our profitability,” said Malcolm Fair, COO, RisCura.

“Deltek Vision is purpose-built for professional services firms like RisCura, delivering the capabilities it requires to manage the complete project and client lifecycle. We see a trend in the industry where financial services firms are moving towards project-focused business processes as fee-based work is increasing relative to commission-based work. This trend makes Deltek Vision a very compelling solution for financial services firms like RisCura because it supports the company’s complex CRM and financial management processes and delivers easy access to critical information,” said Claus Thorsgaard, Deltek’s Executive VP and General Manager – Professional Services.

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BVI Selects Deltek Vision

Fast growing consulting engineering firm chooses Deltek Vision to run its business on one, project-based system that delivers best practice business processes; BVi will use Deltek to improve project management and control throughout its business

Johannesburg, South Africa – December 5, 2013 – Deltek, the leading global provider of enterprise software and information solutions for professional services firms, today announced that South African consulting engineering firm BVi Consulting Engineers has chosen Deltek Vision to increase project profitability and drive greater visibility throughout its offices nation-wide. BVi will use Deltek Vision to consolidate its organization under a single, integrated ERP system and to manage its projects and resources across the various regions and disciplines in which it operates.
BVi offers services within the areas of civil, structural, electrical, mechanical engineering and project and environmental management. BVi has become an active participant in large scale Mining Infrastructure projects over the past 10 years, which has allowed it to expand its capacity to include EPCM services. Headquartered in Pretoria, Gauteng, BVi employs 300 people and has offices throughout South Africa and is expanding internationally. With this growth, BVi realized it needed to consolidate its business operations into a single best-of-breed platform, allowing for full transparency and day-to-day management of project and firm performance.

BVi was looking for a project-based ERP solution to centralize data and manage key processes including CRM, project management, time tracking and real-time reporting. BVi chose Deltek because of Deltek’s deep industry experience and marquee list of over 4,000 A&E firms that use Deltek Vision around the world. Built on industry best practices, Deltek Vision will provide BVi with deep visibility across its business, practice areas and projects. The fast-growing engineering firm will implement Deltek Vision 7.2 which includes a mobile suite for project management, time entry and CRM, and will also utilize the solution’s advanced reporting capabilities to monitor its Key Performance Indicators.

“In order to ensure that our business remains competitive and a market leader in our practice areas, we invest in the best technologies. After thorough evaluation process, we concluded that Deltek offers the software and support that we need in order to achieve our company’s goals and objectives. We need visibility into all KPIs from a single place and through one system to manage our business better. As we evaluated numerous software vendors, Deltek showed us that they can deliver a solution that perfectly fits our financial and project performance needs. Equally important is the fact that our solution is being implemented and continuously supported by Deltek’s local partner in South Africa, Silversoft. We are looking forward to beginning our implementation and joining the thousands of Deltek customers around the world that are using Deltek Vision to drive game-changing benefits,” said BVi CEO, Johann Grobler.

“With the many investments in South Africa both in infrastructure and from foreign investors, we are seeing increased demand for integrated, project-based ERP solutions in the engineering sector in the country, and BVi is a great example of this. We are proud that BVi has selected Deltek as its ERP solutions provider to help expand its business,” said Claus Thorsgaard, EVP & General Manager, Professional Services at Deltek. “We look forward to delivering streamlined back office processes and real-time visibility across BVI as it goes live on Deltek Vision in the coming months.”

 

About BVi
BVi Consulting Engineers’ (BVi Group) growth since its foundation in 1967 has been a remarkable one. The company was established as a multi-disciplinary engineering firm offering ‘conventional’ consulting engineering services in the fields of civil, structural, electrical and mechanical engineering. Today, the Level 2 BBBEE Company has a 47% black ownership status and has also positioned itself with great success on large scale industrial and mining infrastructure EPCM projects. With a national footprint of 15 offices across South Africa, BVi has maintained a strong presence in the local market. BVi has long been involved with projects across Africa, and has 4 international offices strategically positioned enabling streamlined project delivery. Further expansion into Africa is eminent as part of BVi’s growth path in the next few years. www.bvigroup.co.za

 

About Deltek
Deltek is the leading global provider of enterprise software and information solutions for professional services firms and government contractors. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 16,000 organizations and 2 million users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, optimize resources, streamline operations, and deliver more profitable projects. Deltek – Know more. Do more.® www.deltek.com

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Leading CPA Firm, SNG, selects Deltek Maconomy

Leading South African CPA firm Selects Deltek Maconomy to Accelerate its Growth.

 

HERNDON, Va. – November 27, 2012 – Deltek, Inc., the leading global provider of enterprise software and information solutions for professional services firms and government contractors, today announced that the rapidly growing South African CPA firm SizweNtsalubaGobodo has chosen Deltek’s purpose-built ERP solution Deltek Maconomy to accelerate its growth. SizweNtsalubaGobodo will use Deltek Maconomy to improve how the company manages its resources, projects, and organization as a whole – delivering the unified management platform it needs to accelerate its growth.

SizweNtsalubaGobodo is currently the 5th largest CPA firm in South Africa and is one of the fastest growing Audit firms in South Africa, with over 1,000 staff in multiple offices around the country. SizweNtsalubaGobodo provides services to both public and private sector clients including those listed on the Johannesburg Stock Exchange.

SizweNtsalubaGobodo needed a system that was built for its strategy of managing the company and all of its projects as one unified organization. Deltek Maconomy will enable the company to integrate and manage the key functional elements of its organization, specifically financial management, project management, resource management and time collection, while providing more insight into business performance through real-time reporting. By automating its organization, the CPA firm will simplify revenue recognition, WIP reporting, and time-based costing and ultimately create improved visibility into project profitability that will guide what types of engagements the company will pursue in the future.

“As we progressed through the software evaluation process, it quickly became obvious that Deltek was the right solution provider for us because we needed an ERP system that is tailored to the Tax and Audit industry and can accelerate our fast growth strategy. With Deltek Maconomy, we now have one, single system that provides real-time visibility into the performance of our projects and engagements across the entire organization. The intelligence Deltek Maconomy delivers will enable us to run our business better and make more informed decisions about how we want to grow our organization. It is also a game-changer that Deltek Maconomy will be used widely across our company, driving efficiencies across multiple departments,” said Donovan Simpson, CFO, SizweNtsalubaGobodo.

“Deltek Maconomy was built to automate the critical financial management processes of CPA firms to deliver information on the profitability of all resources, projects, and the company as a whole. To make smarter decisions about how to run its business, SizweNtsalubaGobodo turned to Deltek Maconomy for one complete view into the performance of its business. We are proud to be able to add one of the fastest growing CPA firms in South Africa to our growing list of clients in this vertical market and look forward to partnering with them as they continue to grow their business,” said Claus Thorsgaard, EVP and General Manager, Professional Services for Deltek.

About SizweNtsalubaGobodo

SizweNtsaluba VSP and Gobodo Incorporated merged in 2011 to form the largest black-owned and managed accounting firm and the fifth largest accounting firm in South Africa, providing assurance and advisory services. The merger combined more than 40 years of experience across various industries. Clients include major players within both the public and private sectors. www.sng.za.com

About Deltek

Deltek is the leading global provider of enterprise software and information solutions for professional services firms and government contractors. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 15,000 organizations and 2 million users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, optimize resources, streamline operations, and deliver more profitable projects. Deltek – Know more. Do more.® www.deltek.com

 

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CONSULTING AGENCY BLUE IQ CHOOSES DELTEK MACONOMY

South African governmental implementation and consulting agency will implement Deltek Maconomy to improve project management and optimize visibility across its entire organization

JOHANNESBURG–(BUSINESS WIRE)–Deltek (Nasdaq: PROJ) today announced that South African governmental implementation and consulting agency, Blue IQ Investment Holdings (Pty) Ltd (Blue IQ), will implement the Deltek Maconomy enterprise solution to improve project management, better control its budget and cost, and optimize visibility across its entire organization.

“Deltek Maconomy delivers what we need, and we will now run all of our programmes and projects service delivery in this system. Deltek’s deep knowledge and understanding of our industry and our challenges assured us that its solutions were the right ones for us.”

Blue IQ, an agency of the Gauteng provincial government’s Department of Economic Development, is a key public and government-funded agency specializing in commercializing strategic economic infrastructure projects in the public sector, ensuring sustainable development returns for Gauteng, particularly economic growth and the creation of decent jobs in labour absorbing sectors. Blue IQ has been responsible for the delivery of flagship projects such as the Gautrain Rapid Rail Link, the regeneration of the Newtown precinct and the Nelson Mandela Bridge. Blue IQ’s focus is within the innovation, energy, business tourism and freight and logistics sectors, with projects such as the Automotive Supplier Park, the iconic heritage site Constitution Hill, and Africa’s first internationally accredited science park, The Innovation Hub.

The agency was looking for a robust project management tool that gives it visibility into project status across its entire organization. The Deltek Maconomy solution best fit Blue IQ’s needs because it is tailor-made for such an environment combining multi-discipline, multi-organizational and multi-functional project management capabilities with accurate cost budgeting and delivery overview.

With the Deltek Maconomy solution, Blue IQ will now better control project management and monitor its budget throughout the organization. In addition, by using the Deltek Maconomy project administration tool, Blue IQ will gain a single overview of its projects in one place across the company.

“When searching for an enterprise solution, it was important for us to get a powerful and robust project administration tool that allows us to get full visibility into our many projects and our costs across several parts of our organization, all in one view,” says Ryan Ravens, Senior Programme Manager at Blue IQ. “Deltek Maconomy delivers what we need, and we will now run all of our programmes and projects service delivery in this system. Deltek’s deep knowledge and understanding of our industry and our challenges assured us that its solutions were the right ones for us.”

“We are very pleased that Blue IQ has chosen our solutions to improve their business processes,” says Hugo Dorph, EVP and General Manager of Deltek’s professional services business unit. “It is a great achievement for us to be selected by one of the most reputable consulting firms in South Africa and clearly demonstrates our continued global growth. We are looking forward to helping Blue IQ gain even better visibility into the substantial number of projects that they manage both on the project management and the budgeting side.”

About Blue IQ Investment Holdings (Pty) Ltd.

Blue IQ Investment Holdings delivers strategic economic infrastructure to catalyze sustainable economic growth and to indirectly contribute to job creation; to influence the composition of exports, and influence the diversification of the GGP of the Gauteng Province of South Africa. Gauteng accounts for 33% of South Africa’s GDP and is responsible for 49,6% of all employee remuneration in the country and 52% of all institutions’ turnover. Blue IQ Investment Holdings focuses on five growth sectors, Business and Sport Tourism, High value-added Manufacturing, including the Automotive Sector, Logistics and Movement, Innovation and Knowledge Economy and the Green Economy.

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Maconomy Wins BDO Audit Deal in Hong Kong

Maconomy has signed a deal with the audit firm BDO Ltd. Hong Kong, member of BDO International, a worldwide network of public accounting firms.

September 30, 2009 12:32 PM Eastern Daylight Time

 

BOSTON–(BUSINESS WIRE)–The Danish ERP provider Maconomy already has a strong foothold in the US and Northern Europe thanks to its specially designed ERP solutions for project-focused companies. As Maconomy’s clients expand their base internationally, however, Maconomy continues to broaden its geographical base as the preferred ERP vendor for these clients.

Maconomy recently inked a similar deal with the BDO member firm in South Africa. After a careful selection process, BDO Ltd. Hong Kong decided to follow suit by signing a contract with Maconomy’s business partner MSA in September. The ERP solution includes the Maconomy Audit & Tax Solution for 550 users with advanced Business Intelligence capabilities.

BDO in South Africa selected Maconomy’s specially designed Audit & Tax solution to ensure cleaner workflows throughout the company. BDO Ltd. Hong Kong realized they could achieve similar benefits with an out-of-the-box solution.

“Maconomy has a keen understanding of the audit profession and this expertise is fully integrated in the ERP solution we have selected. This allows us to handle job management, CRM, advanced business intelligence and all back-office processes using the same system. Maconomy offered us an all-inclusive solution to support our long-term strategy. For us it makes perfect sense to invest in an ERP system specifically designed for our type of business,” says Mary Joyce Leung, Director of BDO Ltd. Hong Kong.

BDO Ltd. Hong Kong has also purchased Maconomy Analytix, an easy-to-use business intelligence tool that gives BDO an instant overview of their key figures. Analytix is fully integrated with the ERP solution, enabling users to go in-depth with any audit job to analyze its performance based on live data.

“We are very pleased with landing our second BDO deal in the span of a few months. BDO has already seen the value we bring to their business, so it’s only natural that we keep building closer ties with them. And with that comes even greater value because we can align our solutions with the way they run their business. We specifically develop our ERP solutions to help them address their challenges and run a more efficient business. The two BDO deals confirm that we have a strong business case in the accounting sector and it definitely benefits the Accounting and Audit and Tax clients in the US as well, as it clearly shows that Maconomy is a global company with a focus on this industry,” says Steen Andersen, President Maconomy US.

Please note that this release does not affect Maconomy’s financial expectations for 2009.