Cegid Announces the Acquisition of UK Company StorIQ

PARIS, June 13, 2022–(Organization WIRE)–Cegid, a major supplier of cloud business enterprise management remedies for finance (treasury, tax, ERP), human assets (payroll, talent management), CPAs, retail and entrepreneurial sectors announces the acquisition of StorIQ, a London-centered business with a workers of about 30 founded in 2015. The StorIQ in-retailer exercise administration system is a worthwhile addition to Cegid’s retail portfolio, therefore bolstering its position as chief in retail POS remedies in France and worldwide.

StorIQ is notably appropriate for shops with concerning 50 and 2,000 stores and by now features close to fifty customers which includes top brands these kinds of as Hugo Boss, Clarks, Douglas, Marks & Spencer Global, Mountain Warehouse and Nespresso, some of which have deployed its alternatives throughout the globe. StorIQ now supports in excess of 11,000 merchants in additional than 50 nations around the world.

The StorIQ system streamlines retail store exercise setting up and boosts productivity. The resolution features many modules:

– Undertaking management and retailer conversation: obvious conversation and prioritised jobs allow shop administrators to provide model benchmarks and the envisioned in-retailer client expertise
– Compliance: store take a look at studies, checklists, photo consolidation and involved reporting offers retail administration groups real time visibility into keep benchmarks
– Crew Engagement: cellular learning (LMS), awareness foundation and newsfeeds construct employee engagement and support retention
– Exercise Planning: streamlines scheduling and communication for buying and selling occasions and other in-retail outlet operational activity.

With 1,000 vendors working Cegid retail alternatives in 75 countries, i.e. 75,000 linked suppliers, Cegid is assisting speciality suppliers and luxurious brands changeover to electronic so as to improved regulate their omnichannel retail small business, never skip a sale and tap into purchaser likely. The Cegid Retail unified commerce platform helps make it achievable to produce an exceptional tailor-designed purchasing experience in outlets worldwide. Many thanks to StorIQ, the system will now be able to protect all facets of POS management.

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StorIQ is an modern remedy designed specially for retail, and this acquisition cements Cegid’s know-how in all features of shop functions – and further consolidates its international footprint. In addition, by enhancing employee encounter in expert retail, Cegid is securing its management in talent administration.

“Additional than ever, the long run of bricks-and-mortar outlets will count on the skill of suppliers to accelerate and adapt so as to offer exceptional buyer activities as effectively as progressive and convenient expert services – though simplifying and checking in-retail outlet staff undertaking management. By capitalising on the current offerings of Cegid and StorIQ, brand names and suppliers will be equipped to offer you an exceptional unified procuring experience across their overall retailer community when tapping into new gross sales possibilities,” explains Cegid CEO Pascal Houillon. “Our recent and long term clients will be ready to gain from the optimised POS action administration provided by StorIQ paving their way to success. Which is what Retail the New Way is all about.”

StorIQ co-founder and Running Director Amy Bastow and all the organization staff will be joining the Cegid Retail Enterprise Device headed by Nathalie Echinard.

About StorIQ

StorIQ is a neat and intuitive retail functions app that will save time and would make existence easier for retailer teams and retail administration teams. StorIQ streamlines communications and endeavor administration, assisting keep groups to supply fantastic brand requirements, and retail leaders to make positive their shops get each element ideal just about every working day – maximising the benefit of the store estate. StorIQ is the least complicated retail functions app to put into practice, with the most retail-precise function established, and a world-course aftercare programme that makes sure StorIQ provides excellent very long term engagement.

StorIQ supports 11,000 outlets in 55 countries, and our prospects incorporate world-wide manufacturers and neighborhood professionals throughout all sectors.

Established in 2015, the firm has close to 30 workforce and is centered in London.

For a lot more information and facts: https://www.storiq.net/

About Cegid

Cegid is a foremost company of cloud company management remedies for finance (treasury, tax, ERP), human sources (payroll, talent administration), CPAs, retail and entrepreneurial sectors. With a stable whole cloud organization model, Cegid presents very long time period determination to its consumers, top-quality and exclusive ordeals and allows organizations of all sizes speed up their electronic business enterprise transformation, domestically and worldwide. Cegid brings together a ahead wanting and pragmatic tactic of the company with sturdy ability to innovate, an in-depth expertise in new systems and a special understanding of laws and compliance. In today’s promptly transforming globe, Cegid makes additional feasible by assisting clients unleash their opportunity thanks to ground breaking and purposeful business alternatives.

Bolstered by its potent worldwide ambition and reach, Cegid has 3,600 staff members and sells its methods in 130 countries. Cegid claimed annual revenues of €632 million (December 31 2021). Pascal Houillon has been the CEO given that March 2017.

For more information: www.cegid.com/en

Watch source variation on businesswire.com: https://www.businesswire.com/news/property/20220613005087/en/

Contacts

Press:
Agence Proches
Kelly Martin
[email protected]
+33 ()6 63 52 94 74

Agence Proches
Olga Tess
[email protected]
+33 ()6 69 61 80 77

Cegid – Responsable Relations Presse
Nathalie Fournier-Christol
[email protected]
+33 ()6 49 23 83 14