Unit4 ERP
1 Review 5/5 ★ ★ ★ ★ ★An ERP software for service-driven companies with financial planning, project tracking, and payroll management.
Product Overview
Unit4 ERP, formerly Unit4 Business World/Agresso, is a software designed for service-centric organizations. It facilitates accounting, HCM, and project management, supporting multi-client and international projects with customizable workflows.
The software offers financial management, including bank reconciliation, general ledger, and accounts payable and receivable. It includes modules for HR, procurement, and payroll management with global payroll support.
Pros
- Highly customizable to business needs
- Wide array of functional modules
- Intuitive, user-friendly interface
Cons
- Upgrade challenges due to customizations
- Can be slow, especially during updates
- Lacks built-in tutorials for features
Target Market
We recommend Unit4 for service-focused organizations with 1,000-5,000 employees, especially in professional services, public sector, nonprofit, and higher education sectors.Unit ERP facilitates project management, accounting, human resources, procurement, and payroll management. It’s tailored for people-centric organizations and available as both on-premise and cloud-based software.
Key Features
Project Management
Unit4 utilizes historical KPIs and experiences to initiate new projects. Key features include:
- Flexible Project Structures: Create custom plans for various project types, even large programs with several sub-projects.
- Performance Tracking: Visualize and analyze project performance for better insights into progress, resource allocation, and expenses.
- Automated Workflows: Support complex international or multi-client projects with automated workflows.
- Accurate Billing: Edit and approve invoice proposals automatically generated from customer contracts.
- Regulatory Compliance: Comply with ISO 9001:2015 Quality Management and SOC-1 Type II and SOC-2 Type II to keep client data secure.
Financial Management
This ERP controls and consolidates all financial information:
- Integrated Financial Data: Combine data from various parts of the system for financial reporting.
- Financial Planning and Analysis: Compare planned budgets to actual results.
- Credit Control Tools: Streamline cash flow and manage debt visibility with built-in credit control capabilities.
- Transaction Matching: Automate transaction matching and optimize cash and bank reconciliation.
- Regulatory Compliance: Prep for financial closings and reporting requirements according to IFRS and other standards.
- Sales Integration: Support sales processes with enhanced data integration from external tools like eCommerce solutions.
HR Management
The software helps manage global employees and maintain detailed records:
- Employee Management: Store employee details in a single record across the platform.
- Absence Management: Report on employee absences with an automated system.
- Expense Management: Manage travel expenses and approvals across multiple devices.
- Complex Employment Scenarios: Support several concurrent roles and streamline employment records.
Procurement Management
The system simplifies the procurement process with budget management capabilities:
- Centralized Procurement: Access products and services from internal or external catalogs; submit purchase requests.
- Order Management: Generate order confirmations manually or electronically.
- Budget Control: Avoid overruns through accurate budget overviews.
- Fund Checks: Create procedures for manual or automated fund checks connected with various transactions.
- Invoice Management: Register and post batches of incoming invoices.
Payroll Management
Unit4 facilitates global payroll processes and connects with HR and financial systems:
- Reporting: Create extensive cost analysis reports.
- Global Payroll Support: Manage payroll processes for multiple countries; integrate with local providers.
- Data Consistency: Import timesheets, absences, and expenses automatically.
- Shared Services Support: Run payroll for several legal entities and comply with local tax and regulatory requirements.
Product Overview
Developer Overview
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- 11-50 employees
- Annual revenue $1M-$10M
Makes us smarter and more agile
Unit4 is making the council smarter and more agile. By automating and streamlining processes in the cloud, as well as introducing self-service, Southampton City Council can direct more resources to front-line services.