Partnership will provide out-of-the-box, industry-specific analytics and AI to improve executive decision making
Munich, January 12, 2023. GSG GENII Software Group today announces a strategic partnership with ValueWorks, the intelligence platform for executives. ValueWorks develops cloud-based, fully responsive, integrated and intelligent enterprise software that supports the management process from planning and reporting to execution and is specifically designed for Executive Management users. Together, the companies will deliver out-of-the box, industry-specific analytics and AI to enable faster and better decision making for customers across GENII’s vertical market software businesses.
The ValueWorks platform will be available for GENII customers in Q1 2023, starting with the GENII’s distribution businesses, such as Iptor and PLX, which provide ERP software solutions specifically designed for distribution and supply chain focused organizations in the technical wholesale, pharma and publishing sectors. In addition, ValueWorks will be able to offer a smart Cloud ERP offering to its customers as a connected service, for example in the direct-to-consumer (D2C) and eCommerce space.
The partnership brings together two businesses who are entirely focused on serving mid-sized businesses through providing value-adding solutions that are easier to use, quicker to implement, better integrated and lower cost than the major ERP vendors. In addition, ValueWorks’ solutions provide industry-specific content and embedded industry benchmarks “as-a-service” not offered by any of the major BI vendors.
This combination of leading vertical market ERP solutions with industry-specific cloud analytics and decision-making expertise will provide a unique, out-of-the-box intelligence platform that is ideal for fast growing businesses. Specifically, ValueWorks Management Dashboard, which integrates data from multiple systems, will provide executives with insights into KPIs and OKRs (objectives and key results) as well as strategic, operational and financial visibility into their business, enabling them to make smarter, more-timely, data-driven decisions.
Christopher Catterfeld, GENII’s Chief Marketing Officer, comments, “We are delighted to partner with ValueWorks, with whom we have already had proven success at our distribution business, Iptor. Part of GENII’s mission is to provide mid-sized customers with software that enables them to compete head-to-head with larger competitors – with easy to use and fully integrated solutions and at a fraction of the cost. By leveraging ValueWorks’ intelligence platform, such as for mission-critical KPI management and decision-making support, we are making exciting progress towards delivering on that mission.”
Dr. Wolfgang Faisst, co-founder & CEO, states, “Together with GENII we can help mid-sized customers in existing and new industry segments to deliver extraordinary business results powered by data-driven management. GENII is the ideal partner for ValueWorks to accelerate our growth in further industry segments and I am proud that GENII is not only using ValueWorks in their own business, but also for their customers.”
About ValueWorks
Karlsruhe-based ValueWorks was founded in 2020 by Dr. Wolfgang Faisst and Dr. Sebastian Walther, who have both a long track-record with top tier Management consultancies Bain and McKinsey as well as leading positions in the Enterprise Software industry. Their vision is to enable founders and executives of SMEs starting with software and other digital companies to maximize their company´s value by creating value in a truly data-driven way – powered by top management consulting knowledge mapped in the software in combination with AI-based decision support.
ValueWorks provides a cloud-based, fully responsive, integrated and intelligent enterprise software that supports the management process from planning and reporting to execution. It is the first solution created for the Executive Management user.
With ValueWorks the high manual effort and growing complexity of data collection, planning, reporting and managerial decision making is drastically reduced. The templated approach allows users to create valuable insights and track results across many different platforms without the need for internal IT or Business Intelligence experts. ValueWorks provides its customers with industry-specific content & best practices out-of-the-box.
About GENII software group
GENII Software Group provides market-leading, industry specific software solutions and services, explicitly developed to meet the needs of mid-sized businesses and public services. We pride ourselves on being the partner of choice for software entrepreneurs and companies and in our industry knowledge and personal customer relationships, being their trusted partner and expert advisor as we guide our customers through digitalization, ensuring they are future proofed for success in an ever-changing business environment.
GENII is based in Munich and is backed by funds advised by Bregal Unternehmerkapital and Elvaston.
For more information please visit: www.gsg-genii.com
Media contact: Ralph Charlton, ralph@charltoncomms.com
