Formula SpA
Formula SpA, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Formula SpA collaboration with software players such as Impresoft Group, Sage and empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
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| Formula SpA | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | ERP Financial Management |
| Formula SpA | Impresoft Group | Impresoft NET@PRO | Manufacturing Execution System | ERP Services and Operations |
| Formula SpA | Impresoft Group | Impresoft Formula DUE ERP | ERP Financial | ERP Financial Management |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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Baxi | Manufacturing | 935 | $472M | Italy | Impresoft Group | Impresoft NET@PRO | Manufacturing Execution System | 2019 |
In 2019, Baxi implemented Impresoft NET@PRO, a Manufacturing Execution System, at its Bassano del Grappa production site to improve production process monitoring and traceability. Baxi SpA is the Italian manufacturing unit of BDR Thermea and the NET@PRO deployment targeted the manufacturing and production sector workflows for high tech boilers and heating systems.
The implementation of Impresoft NET@PRO centralized production cycle management from work order launch through data collection on line workstations to finished goods placement in the warehouse. The system assigns a serial number to each boiler to maintain product-level traceability across materials and supplier batches, and captures per-stage data such as materials used, lead times and testing results within the order sheet.
NET@PRO was integrated with the company ERP to receive orders for production launch and to upload finished goods and inventory updates back to the ERP, and it receives automated test outputs from dedicated testing software. The testing software integration automatically transfers electrical measurements, leak test outcomes and defect data into NET@PRO, reducing duplicate entry and consolidating line-level data streams.
Deployment and operational coverage included line workstations and warehouse interfaces at the Bassano del Grappa site, with implementation activities carried out by Qualitas Informatica alongside SI/VAR Formula SpA. Process automation reduced the number of data collection terminals on the line and removed redundant operator data entry steps, enabling statistical analysis of serial-numbered production data for daily monitoring of capacity, order priorities and quality performance.
As a result of the Impresoft NET@PRO implementation, production data became available in real time to management for planning and inventory control, operator data entry effort during testing was halved through integration with testing software, and product traceability was strengthened to support service and safety for end customers. The company reported an estimated ROI of approximately 18 months following the MES deployment.
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Beninca Group | Manufacturing | 124 | $49M | Italy | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | 2021 |
In 2021, Benincà Group implemented Sage Business Cloud X3 (ex Sage ERP X3) under the ERP Financial category to standardize production planning and order-to-delivery processes at the Sandrigo (VI) Automatismi Benincà site, with implementation partner Formula SpA. The deployment targeted manufacturing and logistics workflows to address extreme variability in demand and raw material availability.
Sage Business Cloud X3 was configured to manage bills of materials, production scheduling, purchasing, inventory control, costing, and order management, providing immediate roll-up of order details from finished goods to individual components. The system enforces serial number tracking and enables the scheduling manager to view stock status, pending purchase orders, and assembly lead times, which supports instant delivery date calculation.
Integrations documented in the implementation include seamless links to automated vertical warehouse systems and kanban-driven reordering for frequently used semi-finished products and fasteners, improving pick sequencing by presenting operators with drawer-level retrieval instructions. Operational coverage centers on the parent manufacturing site Automatismi Benincà, handling an average of 400 orders per month, orders comprised of roughly 500 finished products, bills of materials up to 100 lines, and an annual production volume reported in company sources.
Governance and process restructuring emphasized using the ERP as the foundation for daily operational control and strategic decision making, with production managers performing control activities to verify delivery dates and material availability. The implementation supported rapid shifts in production strategy, with the company moving from a make-to-stock approach during the early COVID period back to make-to-order in 2021, relying on real-time data flows to adjust inventory posture and scheduling.
Results reported by the customer include instant delivery date calculation at 98 percent accuracy and a stated maximization of efficiency by 98 percent, alongside time savings and improved supply security through tighter inventory control. The customer also attributes a 17 percent increase in revenue to decisions enabled by Sage Business Cloud X3, reflecting its role in providing real-time analysis of production times, product costs, inventory levels, and delivery estimates.
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Boero Bartolomeo | Manufacturing | 303 | $131M | Italy | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | 2020 |
In 2020 Boero Bartolomeo Spa implemented Sage Business Cloud X3 (ex Sage ERP X3) as its ERP Financial platform. The deployment was executed in partnership with Formula SpA and constrained to a 10 month delivery window agreed between the company and the SI. Scope emphasized manufacturing operations at the Boero site in Genoa, aligning core back office functions with commercial and production workflows for the chemical and pharmaceutical sector.
Sage Business Cloud X3 was configured to address core financial management alongside manufacturing and inventory control capabilities common to ERP Financial solutions, with specific attention to production planning, costing, and procurement workflows needed for paint manufacturing. The implementation leveraged the application’s configurability to adapt functional depth to Boero’s processes while meeting stakeholder constraints on software selection and cost containment. Configuration work focused on aligning finance, administration, and production master data and transactional flows.
Operational coverage extended across administration, finance and control, manufacturing operations, and commercial distribution activities, reflecting Boero’s combined production and marketing business model. Formula SpA provided implementation staff and ongoing support, which the company cites as a critical factor in meeting the aggressive schedule. No external system replacements are described in the source material.
Governance emphasized a formal change management strategy, with committed deadlines and cross-organizational coordination to overcome historic IT practice gaps. Company leadership framed the project as an unprecedented organizational effort, and reported that the partnership with Formula created a winning synergy that positioned Boero to look to the future with optimism.
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Manufacturing | 109 | $37M | Italy | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | 2015 |
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Manufacturing | 109 | $37M | Italy | Impresoft Group | Impresoft Formula DUE ERP | ERP Financial | 2014 |
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Utilities | 404 | $43M | Italy | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | 2019 |
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Distribution | 241 | $256M | Italy | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | 2018 |
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Transportation | 1859 | $701M | Italy | Sage | Sage Business Cloud X3 (ex Sage ERP X3) | ERP Financial | 2018 |
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Manufacturing | 218 | $61M | Italy | Impresoft Group | Impresoft Formula DUE ERP | ERP Financial | 2019 |
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Manufacturing | 370 | $50M | Italy | Impresoft Group | Impresoft Formula DUE ERP | ERP Financial | 2020 |
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Buyer Intent: Companies Evaluating Formula SpA Services
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