Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Unleashed Software helps customers process $4.95b in sales

Unleashed Software helps customers process $4.95 Billion in sales during FY17

AUCKLAND, New Zealand. Unleashed Software, the Auckland-based inventory management Software-as-a-Service (SaaS) provider, has announced record sales and customer growth over the financial year to 31st March 2017, and now supports well over 2000 clients globally.

CEO Gareth Berry comments: “We acquired our 2000th customer during the year, which is an amazing effort, especially considering the size and scale of the businesses we service. Collectively, our customers have processed the equivalent of $4.95B in sales transactions the last 12 months and held a total of $6.75B of stock on hand as at 31st March 2017.”

“Our growth over the last year has been driven by large wholesale, distribution, and manufacturing businesses moving to the cloud and subscribing to our inventory management system. But beyond our growth, we are seeing our customers’ businesses growing at unprecedented pace. For us, it is just a privilege to be in a position to give companies a ‘best in class’ system to support their business growth.”

Companies require visibility of their products, inventory, and margins in real-time, using a more advanced system than spreadsheets or paper, but one that offers more flexibility compared to installed software.

“During 2016 we had a number of publically-listed companies move to the cloud, and they now rely on Unleashed for their inventory management, highlighting the scalability of the system, and providing a cost effective record of their products and inventory. While a number of other Softwareas- a-Service solutions have a component of inventory management, we are specialists in this space with continuous development of our platform over the last seven years, and we release these new features and improvements to our customer base twice weekly, making Unleashed phenomenal value for a large number of SME’s on an ongoing basis,” says Gareth.

Growth over the last year has come in both the home markets of New Zealand and Australia, as well as in new markets including the United Kingdom and United States.

Despite market concerns of Brexit impacting the UK economy, Unleashed has also seen strong demand from UK businesses moving their operations to the cloud to meet the digital requirements.

“Our growth in the UK has beaten all targets, and has shown how effective it is having employees on the ground to support market penetration and growth. This is a key market for us, and we look forward to having many more of our team on the ground in the UK in the coming months to help build and support our customer base locally,” says Gareth.

About Unleashed Software

Unleashed Software is a Software-as- a-Service (SaaS) company with the sole focus of building a smart inventory, procurement and sales management solution. It also partners and integrates with industry-leading companies that provide online accounting, point-of-sale and eCommerce software to deliver a complete business solution. Established in New Zealand, Unleashed has a global base of customers including Australia, United States and the UK. For more information, please visit or follow us on Twitter @UnleashedTeam.

The company has been in the Deloitte Technology Asia Pacific Fast 500 for the last 3 years running, and was also recently mentioned in the Huffington Post as a top 10 small business tool.

© Scoop Media

Business Headlines | Sci-Tech Headlines


SMC Expert Reaction: Record Dry Spells And Effects On Forests

With no rain forecast before Sunday, Auckland is about to break a record for the city's longest dry spell. Niwa says Auckland is likely to hit 40 consecutive days without rain this weekend . The upper North Island is seeing severe meterological ... More>>


Reserve Bank: Official Cash Rate Remains At 1.0 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. ... More>>


Research: Climate Change Throws Tree Seeding Out Of Sync – New Study

Climate change is negatively affecting tree reproduction by throwing seed production systems out of synchronisation, according to a new international study co-authored by a University of Canterbury scientist. Many tree species worldwide produce large ... More>>


Science Media Centre: Novel Coronavirus Detected In China – Expert Reaction

The virus was detected after more than 40 people were hospitalised with pneumonia in Wuhan City, China and the outbreak traced to a large animal and seafood market. The Centers for Disease Control and Prevention reports that person-to-person transmission ... More>>


Science Media Centre: Flooding could release toxic gas – Expert Reaction

A chemical substance known as ouvea premix stored at an old paper mill in Mataura could release toxic ammonia gas if it comes in contact with water.More>>