Solver Experiences 81% Growth & Opens New Office in Europe

Solver, an award-winning global leader in cloud-based Corporate Performance Management (CPM) software including Budgeting, Forecasting, Reporting, Consolidations, and Dashboard solutions for mid-market ERPs, today announced a stunning 81% YoY growth in Q1 cloud revenues. They also announced the opening of Solver Denmark, a new sales and service office in Copenhagen.

Solver’s unique rapid deployment model for cloud-based Corporate Performance Management (CPM) software helps midsized organizations achieve their strategy using 100+ free, ready-to-use and customizable planning, reporting, and dashboard templates.

“Solver Denmark is a strategic country for Solver, due to its strong Microsoft Dynamics 365 Business Central and Finance development and customer presence,” said Tad Remington, Chief Commercial Officer at Solver.

“Solver Denmark solidifies our market and software development presence in Scandinavia, along with our Norway and Sweden offices.” – Tad Remington, Chief Commercial Officer, Solver.

Solver held the grand opening of the Solver Denmark office on April 1, continuing the company’s expansion across Europe. Solver holds a strong European footprint featuring established offices that serve Ireland, Italy, Norway, Switzerland, Sweden, France, the United Kingdom, and Germany.

“The Denmark office is fully operative and already selling and implementing Solver software,” said Morten Tonsberg, CEO at Solver Norway and Chairman of the Board at Solver Denmark. “We are now looking to expand by working with Microsoft Dynamics 365 partners in the local area.”

“Extensive research on the Danish market demonstrated repeatedly that local businesses desire instant access to critical reporting and planning solutions,” said Klaus Kristensen, Managing Director at Solver Denmark. “The Solver QuickStart rapid deployment methodology serves this need because it delivers a one-day deployment, including 100+ ready-to-use, customizable templates pre-mapped to clients’ Business Central data. This is unique for planning and reporting software, and we are already seeing strong demand.”

Local Microsoft Dynamics 365 partners are encouraged to learn more about Solver:
– Understand Solver QuickStart rapid deployment https://www.solverglobal.com/quickstart/
– Browse the Solver Marketplace for on-demand, ready-to-use templates https://www.solverglobal.com/marketplace-templates/
– Preview the complete Solver Suite https://www.solverglobal.com/solver-suite-tour/

About Solver

Founded in 1996, Solver has won countless awards for its Corporate Performance Management solution that delivers FP&A solutions to meet midsize business needs. The CPM solution provider has been repeatedly named a CPM Leader by G2. Solver integrates with leading ERPs and is sold through our global offices and worldwide network of partners. Please visit www.solverglobal.com or contact info@solverglobal.com to learn more.

Contact Information
Tad Remington
Chief Commercial Officer
marketing@solverglobal.com
(310) 691-5300

Ando Experiences Remarkable Growth Spurt in Indonesia with aCommerce Strategy and Services

In today’s ecommerce landscape, brands and retailers are expected to have a multi-channel presence in key platforms – from marketplaces, social media,direct-to-consumer channels and more.

A flurry of simultaneous activities is required to capture and engage with audiences in today’s e-commerce landscape – from employing influencers, producing live streams, launching flash sales, or competing in mega-day sales, the e-commerce market is saturated with opportunities.

The challenge most brands are facing, however, is not knowing which platforms are best suited for their brands and managing large-scale operations, eventually taking their focus from business growth.

Ando, a popular brand of sandals and casual shoes for men, women, and children established in the ’90s in Indonesia, had built a reputation over the years for stylish, quality, and affordable products to become a local favorite, was on the lookout for a reliable, experienced e-commerce partner.

A Trusted and Reliable Partner

With the aim of scaling its business through ecommerce, Ando partnered with aCommerce Indonesia to create its online stores in major marketplaces: Shopee, Lazada, Tokopedia, Tiktok, and direct-to-consumer.

“We were looking for a reliable and trusted partner. aCommerce, with its current extensive regional experience and reputation, was able to show us a clear path to scalability,” said Sherly Yulianita, ANDO’s Online Sales Head.

With this partnership, aCommerce is now responsible for a wide range of ecommerce services to get Ando to achieve its goals. One innovative initiative of the service is producing and broadcasting live-streaming videos for Ando on Shopee.

“It’s our pleasure to work with great partners such as ANDO. We are collaborating tightly on various tasks such as marketplace management, fulfillment, customer services, and warehousing, and it’s been a pleasure to see the results, partnership, and level of sync” said Antonius Adang, Chief Executive Officer of aCommerce Indonesia.

Expanding Ando’s Playing Field

As a groundbreaking ecommerce marketing tool, live streaming has gained popularity in recent years due to its more engaging and authentic format, done in real-time. Combining video technology, entertainment, and retail, live streaming enables brands to communicate and connect with target audiences at a deeper level while monetizing live content.

As the largest end-to-end ecommerce enabler in Southeast Asia, aCommerce offers professional broadcasting and live streaming services from our studios at aCommerce HQ. From formulating the right strategy for your brand to creating a detailed communication plan, sourcing influencers and hosts for the broadcast, or using our in-house broadcasters, our aTeam offers the full spectrum of services to connect businesses with 370 million internet users in Southeast Asia.

“aCommerce helps us to focus on designing and developing our products, while they handle our store operations,” Sherly added. “Allowing our customers to have an incredible shopping experience from Ando’s official store.”

The partnership also leverages TikTok’s wide market coverage across the region. For the official inauguration of Ando’s TikTok store in December 2021, aCommerce supported the company during a live stream where several successful campaigns, including the ‘Buy 1 Get 3 Pairs’ and ‘Buy Shoes Get Nokia Phone.’

Demonstrated Results

Since the store’s soft launch on TikTok, Ando was able to rake in impressive earnings. Across Ando’s online stores in other marketplaces, aCommerce’s strategic initiatives have already shown remarkable results.

Campaign revenues have posted double-digit growth every month, the biggest ones from the 7.7, 9.9, 11.11, and 12.12 mega sale days. Meanwhile, business-as-usual (BAU) days have substantially increased in revenues, while overall sales have more than tripled.

Aside from the Tiktok Shop launch in December 2021, other significant milestones that Ando achieved with the help of eCommerce’s strategic efforts include

– Improvement of order fulfillment

– Maintenance of customer and after-sales service excellence

– Maintenance of good inventory levels

– Initiation of two new campaigns to boost sales:

— Free Gimmick Campaign

— Free Random Mystery Box

Moving forward, Ando intends to expand to another key local marketplace BliBli with support from aCommerce.

“The future looks promising,” said Ms.Yulianita as the company witnesses and achieves overall growth on the path toward long-term success. “Both parties strive to grow. Many campaigns and strategies worked extremely well,” added Mr. Adang.

aCommerce (SET: ACOM) revolutionized e-commerce enablement with a cutting-edge platform & technology stack, EcommerceIQ, and proprietary software, including innovative omnichannel management software. aCommerce drives brands to achieve e-commerce goals with high-performance digital marketing, online store development & management, data & analytics, customer care, fulfillment & delivery services. Visit https://acommerce.asia.

Released for aCommerce Group by MT Multimedia Co Ltd

Wasana Wongsiri (Jiab), T: +66 84 359 0659, E: wasana.w@mtmultimedia.com






Topic: Press release summary