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  • Talentia Software: earnings up 13% on previous year

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Talentia Software: earnings up 13% on previous year

by Grandangolo Communications / Friday, 08 March 2019 / Published in Talent Software

New strengthening of resources at national level to promptly respond to the needs of companies of all sizes and industrial sectors.

Talentia Software, a leading company in the development of solutions for managing corporate performance in the economic-financial area, continues on its path of constant growth, ending 2018 with an increase in revenues of 13% compared to the previous year. The performance achieved was supported by the acceleration of license sales, which rewarded Talentia with an increase of 44% compared to 2018, a trend that clearly went against the market forecast. In particular, Talentia Financial Performance, the solution that optimizes and integrates financial planning, budgeting and reporting processes, has demonstrated great liveliness, recording a 60% increase in license sales.

2018 was an extremely positive year for Talentia, also for the new resources that joined the company and for the continuous investments in Research & Development. In fact, the internal structure has been strengthened, with 10% of new hires in the Sales area and in the specializations area for Professional Services, enriching the skills needed to satisfy the needs of customers and prospects. Numerous technological innovations have been presented over the past few months, which primarily saw the release of Continuous Feedback, the Talentia HCM module that stimulates Employee Engagement and responds to the need to promote employee involvement. Talentia then announced the new Talentia Core HR platform, an advanced software system that combines organizational agility and centralized management of HR data, ensuring a global and collaborative ecosystem. Finally, the Talentia Recruiting & Onboarding solution was further enhanced, making the onboarding process for new collaborators a key element of the company culture.

"Talentia Recruiting & Onboarding is a complete management solution that integrates perfectly with any HR process support module or system - underlines Marco Bossi, Managing Director of Talentia Software Italia - a tool that accelerates the process of onboarding people by making it collaborative and which is receiving great interest on the market. The search for candidates and the entire selection process are simplified, from the identification of company needs to the selection and onboarding of new hires, tracing each phase of the process and sharing the information."

Still on the subject of roadmaps, the Talentia Financial Performance solution has been enriched with new and powerful features to support budget processes that facilitate predictive analyzes of the company's management performance. Furthermore, a new solution has been integrated that specifically responds to the IFRS 16 Lease accounting standard, and which regulates leasing contracts for those who adopt international accounting standards. "This is a solution for accounting for leasing contracts in company financial statements - continues Bossi of Talentia - a provision that has become mandatory since 1/1/2019 for companies that use the international IFRS principles. Our solution allows you to enter and manage all the data of rental and rental contracts in the financial statements, simplifying their accounting and updating."

In 2018 Talentia also expanded its presence on the Italian market, signing important agreements with companies of the caliber of Grimaldi Navigazione, Gruppo Contship, Ceramiche Atlas and Douglas, just to name a few, names that join Bricocenter, Elettra Investimenti and many others already in the portfolio.
“Our mission in 2019 is to continue to support the development and digitalisation plans of companies – concludes Bossi – “facilitating them with innovative tools in changing their business models and in the re-modelling of internal processes. As specialists in solutions for the development of human resources, for planning and budgeting processes and the drafting of consolidated financial statements, Talentia Software becomes a precious partner you can count on.”

About Grandangolo Communications

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