£25m Solarsoft Business Systems, formerly XKO Software, says it intends to extend its manufacturing ERP software range through a series of point solutions acquisitions over the next six to 12 months.
Shawn McMorran, CEO of Solarsoft, says that the company intends to build on its Open Services Architecture to offer integrated systems across front and back office operations, including supply chain integration, e-commerce and process automation.
“The re-brand of the company heralds a renewed emphasis on us actively seeking to acquire point solution vendors that have innovative technology and are keen to expand their business by becoming part of our solutions portfolio,” he says.
“The benefit for the vendor is that we will support further product development, as well as providing greater scale, resource and international reach. For customers, it means they will be able to utilise the latest technologies in order to manage all of their front and back office processes through one integrated system,” he adds.
XKO is best known in Europe for systems aimed at managing finance, inventory and production in businesses ranging from builders’ merchants through fast moving consumer goods distributors to high-tech engineering firms. The company has grown organically and through acquisition since its formation from the merger of KSE and Xavier Computer Group in 1999.
“The Internet revolution has transformed customer buying expectations and this shift in consumer behaviour and expectation is being felt throughout the supply chain. As a result, there is a growing demand from SME manufacturers for modern, open systems that will enable them to operate more efficiently, whilst improving customer service and maximising profits. Solarsoft and our product suite are ideally positioned to help manufacturers who want fully integrated front and back office systems that are managed through a single source, rather than having to deal with a series of different software suppliers,” says McMorran.