Pronto Software Reveals Strong Business Growth and International ExpansionFebruary 21, 2013
Melbourne, 20 November 2012: Australian enterprise resource planning (ERP) and business intelligence (BI) software provider, Pronto Software, has today announced strong financial year results and business growth.
- Achieves double digit revenue growth
- Opens new offices in Perth, Adelaide and Dallas, Texas
- Launches new Sri Lanka Development Group
The company has expanded its footprint in local and international markets with the opening of new branches in Perth, Adelaide and Dallas, USA. This is an important part of the strategy to expand Pronto’s distribution network to effectively reach more customers, and together with business partners, provide them with high quality service and support.
Fueling this move is increasing interest from companies who are keen to optimise efficiencies and acquire software that provides them with insights into their own operations.
Pronto is also heavily investing in research and development, doubling the floor space of the Melbourne Development Centre and establishing a new Sri Lanka Development Group based in Colombo. The Australian Development Centre will focus on innovating the core Pronto product suite and infrastructure, while the international division will be the hub for an expanding portfolio of web, mobile and integrated technologies with global reach.
Strong recruitment in both locations will strengthen Pronto’s capability to expand the product portfolio and create the best business management software for its growing global customers.
“We have enjoyed 12 months of exciting growth and change. This has been a year of strong performance as we once again experienced double digit growth. Our revenue is up 15 per cent on the prior year and net profit after tax is up 13 per cent,” said David Jackman, Managing Director, Pronto Software.
“While the lack of certainty in the marketplace today often means conservative management decisions, we at Pronto prefer to invest where the opportunities lie. We continue to invest heavily in research, technology and our staff, with the aim of developing software solutions that are innovative, flexible to suit unique customer requirements and deliver business results for users,” Jackman said.
Pronto Software’s positive financial performance for FY 2012 follows a year of strong investment in research and development, as well as senior leadership appointments and staff at all levels across the business. In early-2012, the company also undertook a major re-brand.
Jackman also said the latest announcements from Pronto Software represent an exciting time for the company and the recent financial results are a sign the company will continue to grow in local and international markets into 2013 and beyond.
“Pronto Software is in a great position going into FY 2013. We have been growing steadily for the last 10 plus years and expect our growth to continue,” Jackman concluded.
About Pronto Software
Pronto Software is an award winning Australian software developer of next generation Enterprise Resource Planning (ERP) software that integrates with advanced Business Intelligence (BI) solutions. With in-built intelligence, flexibility and an easy-to-use interface, its flagship product, Pronto Xi enables users to discover rich business insights.
Pronto Software prides itself on actively listening to customers and adapting its services to meet their needs to reveal the best solution.