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proALPHA to Expand Portfolio with Corporate Planning

Reading Time: 2 Minutes 25.05.2021 Currents & Trends

ERP expert acquires CP Corporate Planning AG to strengthen innovation platform with controlling excellence

proALPHA, one of the leading providers of ERP software for SMEs, continues to expand its comprehensive innovation platform: In CP Corporate Planning AG, the company group has found a leading software provider for corporate management in SMEs which supplements the portfolio with solutions for financial performance management.

The Hamburg-based company has been offering user-friendly and flexible software for operative controlling, integrated financial performance planning, and consolidation for more than 30 years. More than 1,600 customers of any size and industry put their trust in the innovative approach to flexible planning, modern analyses and individual reporting, including renowned companies like Hellmann Worldwide Logistics, Privatmolkerei Bauer (private dairy), Julius Meinl, Deutsche Flugsicherung (German air traffic control) and MLP.

„We are happy to have won Corporate Planning for our portfolio as they leverage our transformation into an innovation platform
Eric Verniaut, CEO proALPHA

eric-verniaut_400x400_bubble

"It directly adds to our corporate strategy which aims at providing our customers with a real innovation platform that profitably links "Best of Breed" and "Best of Suite", and gives customers an edge over competition in the continued transformation process."

A relationship with potential for growth

Quick forecasting and scenario computations as well as integrated and reliable reporting ensure efficiency in planning processes, which is essential to SMEs that have to proof themselves robust and dynamic these days. With the integration of the products by Corporate Planning, proALPHA provides its customers with a highly professional solution for corporate planning featuring varied functions for multidimensional analyses and individual enterprise reporting in compliance with the International Business Communication Standards (IBCS®). Together with the advanced cloud transformation, this will turn proALPHA ERP software into an integrated all-in-one platform for all processes and activities along the entire value-added chain.
 

Matthias_Klaesener_rund „I can see great growth potential for Corporate Planning together with proALPHA
Matthias Kläsener, CEO CP Corporate Planning AG


"The synergies range from the seamless integration of the software products and specific innovation partnerships through to internationalization potentials," says Matthias Kläsener, CEO of CP Corporate Planning AG, who is looking forward to the future collaboration, as does the existing management team. Kläsener is no stranger to proALPHA. From 2011 to 2017, he managed the consulting unit and the IB as COO, and is hence very familiar with proALPHA and the market.

Corporate Planning will stay its own company and brand, operating autonomously in its target markets as a proALPHA Group member. The company will continue to supplement the functionalities of various ERP systems and to ensure the use with different systems. The transaction does also not affect the management of CP Corporate Planning AG in any way: "We're very happy that the experienced and successful management will accompany and support the further development," says Verniaut. "They hence further strengthen the management of the entire proALPHA Group."

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