AdviseSoft Strengths, Domain Expertise, and Key Differentiators
AdviseSoft primary product is AdviseSoft Integrated Leasing, Credit, and Factoring administration System, which gives global informatics support to those financial institutions that deal with leasing, credit, and factoring activities. Since 2008 the company has also entered the telecommunications field with its AS Galaxy product, which is the integrated information solution of cable communication providers. The system has different modules, 60 % of the basic functionality is customizable using parameters. It integrates the complete functionalities of the respective parts of the financial sector. The system has a customizable workflow, it covers sales through a middle office, General Ledger, petty cash, decision support risk assessment system...etc.
AdviseSoft Recent Developments
AdviseSoft created a privileged scope in the AS Core system that gives the user the privileged only view / read access to the functionality of billing, partner and contract management, and accounting areas.
In May 2010, AdviseSoft became an associate member of the Hungarian Cable Communications Association. The strategic aim of the company, that after the two major cable clients it would gain further Hungarian and regional clients and as in the leasing market It would become a market standard for cable communication and utility service providers.
AdviseSoft Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying AdviseSoft applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of AdviseSoft and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified AS Core, AS DynTruss customers.
Ownership: - x
Number of Employees: 45
AdviseSoft Key Enterprise and Cloud Applications
AS Core, AS DynTruss
AdviseSoft Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
AdviseSoft Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
AdviseSoft Enterprise Applications Revenues By Functional Markets, $M:
AdviseSoft Enterprise Applications Revenues By Verticals, $M:
AdviseSoft Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
AdviseSoft Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
AdviseSoft Customers - Breakdown by Geo, Size, Vertical and Product
No. of AdviseSoft Customers: 100+
No. of AdviseSoft Enterprise Applications Customers: 100+
No. of AdviseSoft Cloud Customers: x
No. of AdviseSoft Cloud Subscribers: 1200+
AdviseSoft systems are used by nearly 20 multinational companies with over 80 subsidiaries in Hungary, approx. AdviseSoft has 1000 end users, hundreds of thousands of customer invoices per month, issuing notifications.
AdviseSoft Market Opportunities, M&A and Geo Expansions
In April 2010, AdviseSoft has won a new EU tender (KMOP) with the cooperation of Hungarian Economic Development Centre Plc. for new product development and the transformation of the required hardware parc. The value of the fund: 70.698.773 HUF.
AdviseSoft, the regional solution provider of leasing companies has recently signed a contract with Mercedes Benz Leasing Group Romania for an implementation project in Romania. This is the second country within the Mercedes-Benz group after Hungary where they will use the AdviseSoft leasing information system. The project is unique for its "shared services center" (SSC) model.
AdviseSoft Risks and Challenges
Lack of software updates and release of new enterprise applications.
AdviseSoft Ecosystem, Partners, Resellers and SI
In September 2009, AdviseSoft has become a certified Microsoft Gold partner for its technological advancement and for meeting the market requirements and testing its products under Windows 7 environment.
AdviseSoft Cloud Infrastructure Insights
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- AdviseSoft Public Cloud and Infrastructure (IaaS)
- AdviseSoft Platform (PaaS)
- AdviseSoft Application Delivery
- AdviseSoft Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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