Unit4 Acquires Intuo; Extends HCM offering to Better Support Modern Workforces in the Services Economy

People, Finance, Project and Planning software portfolio in the cloud
for mid-market organizations

UTRECHT, Netherlands & GHENT, Belgium–(BUSINESS WIRE)–Unit4,
a global leader in enterprise applications for service organizations,
has acquired Intuo, a fast-growing provider of Talent Enablement
solutions nominated as a Deloitte Fast 50 Rising Star in 2016. The
acquisition combines Unit4’s experience delivering rich transactional
HR, payroll and vertical specific applications to services industries,
with Intuo’s innovative technology for strategic HR. Unit4 now offers an
extensive HCM portfolio covering People, Finance, Project and Planning
in the cloud for mid-market organizations.

Intuo offers an integrated talent enablement platform that provides an
alternative to the traditional yearly evaluation cycle and engagement
survey. It meets the performance management needs of a modern,
non-traditional digital workforce that is project/task driven and works
to a flexible schedule, characterized by a lack of hierarchy, multiple
reporting lines, multi-employment etc. Business leaders can easily plan
and develop talent through continuous conversations and in the moment
performance management which leads to a more accurate and helpful
understanding of an employee’s performance. Continuous people appraisal
and feedback loops make work more meaningful, keeping multi-generational
teams engaged and helping people grow.

This new approach to talent enablement combined with Unit4’s experience
delivering rich transactional HR and vertical specific front-office
applications to services industries, meets today’s requirements for HR
in the flow of work. Intuo ensures peer to peer performance
conversations, with an emphasis on career ownership. Key capabilities
delivered by Intuo include:

  • 360 feedback and recognition
  • Frequent engagement pulses and surveys
  • Agile and transparent objectives
  • Learning management
  • Guided and customizable check-in conversations
  • Dashboarding and advanced behavioral analytics

Unit4 and Intuo share a focus on delivering powerful solutions that
support people to optimize productivity. The acquisition extends Unit4’s
Human Capital Management (HCM) portfolio so customers can benefit from
the latest approaches to talent enablement with data richness from
Unit4’s Business World ERP solution as the system of record.

Intuo has enjoyed rapid growth since it was established in 2013, more
than doubling the business year on year with customers including USG,
Hays, BMW, Verisure, Brussels Airport, Thomas Cook, FairFX, Ag Insurance
and Europa bank. It brings an innovative start-up mindset to Enterprise
HCM that meets the requirements for today’s diverse workforce. The
solution will be available both standalone and integrated into Unit4’s
People Platform technology foundation this year. Integration with Unit4
Business World, Financials, PSA Suite and Prevero performance management
will bring to market a modern, extensive suite uniquely focused on the
mid-market.

“The way people want to work has changed, and service-sector
organizations must respond if they want to remain competitive and
attract the best talent,” said Stephan Sieber, CEO of Unit4. “One of the
biggest challenges to large organizations is to engage with their
workers. New approaches to strategic HR are required to cater for talent
diversity and multi-generational teams, as well as remote and contingent
employees. These new people challenges provide an opportunity for those
that get it right. Adding Intuo extends our HCM offering so we can meet
those needs with modern, future-proof solutions and rich data that
enables HR and analytics in the flow of work.”

“The combination of the two companies will deliver market leading core
HR and strategic talent enablement,” said Tim Clauwaert, Intuo’s
Co-Founder and CEO. “HCM is a large and fast-growing market and changing
HR requirements are reinforcing people centricity and people
productivity. Our approach creates a more connected organization where
people interact and coach each other all the time. It fosters faster
learning and people development because people know in the moment what
they have done well or how they can improve. People work better when
they are recognized for great work and there are clear expectations.
Organizations want and need to improve employee experience to attract
and retain the best talent while learning from accurate performance
insight. Unit4 shares our passion for people and we’re excited to bring
our combined expertise to market.”

Intuo is a privately held company headquartered in Belgium. Tim
Clauwaert will continue to lead Intuo and drive its international growth
as part of Unit4. Unit4’s initial go to market focus will be on the UK
and Benelux, with planned investment in feature development,
integrations and international expansion.

Holger Mueller, Principal Analyst & VP, Constellation Research, Inc:
“The area of talent management, from engaging employees and
understanding workforce attitudes, to helping managers to raise
engagement, is becoming critical. Performance management has been broken
for a long time. Without an integrated HCM strategy with modern talent
management, it’s impossible to know if you’re hiring the right people,
if learning is effective, if performance and productivity deserve
rewarding… It’s a challenge that needs solving right now in
enterprises.”

A video of Unit4 CEO, Stephan Sieber, and Intuo CEO, Tim Clauwaert is available
here
.

About Unit4
Unit4 is in business for people. We’ve
specialized in software for service organizations since the early 1980s.
Today, we build the smartest enterprise applications on the planet. Our
technology is central to the organizations we serve – it improves
efficiency and productivity and allows people to spend more time on
meaningful work. Using the latest AI, machine learning and digital
technologies, our customers can make more sense of business-critical
data than ever before. Our ERP and industry-focused solutions deliver
rapid value for organizations in sectors including professional
services, higher education, public services, and not-for-profit.

For more information please visit the website at http://www.unit4.com/about/our-company,
follow us on Twitter @Unit4global,
on our Google+
page
or visit our LinkedIn
page
.

Contacts

Emma Keates
Global PR Manager
+44 (0) 1423 537977
Emma.Keates@unit4.com

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