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Accellos acquires PROFITsystems

Supply chain software provider extends solution suite with leading home goods retail software.
By Modern Materials Handling Staff
November 13, 2013

Accellos, a leading provider of supply chain execution software solutions, today announced its acquisition of PROFITsystems, a provider of comprehensive Software as a Service (SaaS) solutions for small and medium sized home goods retailers.

Accellos stated the acquisition enhances its efforts to provide small and midsized business and logistics service providers with a single-source supply chain software partner. It is Acellos’ seventh acquisition and integration of a supply chain software company and the will further the development of a unifying product technology; the AccellosOne platform. More than 4,000 companies use Accellos software to power their supply chains. Consistent with this strategy, Accellos has extended its supply chain solution to the last segment of the supply chain, the retail store.

“Distribution, logistics, and transportation are critically important to home goods retailers,” said Michael Cornell, CEO, Accellos.  “Supply chain costs are significant when managing furniture and other home goods products. Accellos expertise in supply chain management, combined with PROFITsystems expertise in maximizing store operations, creates a compelling combination for any home goods retailer.”

PROFITsystems is a leader in software for small and medium sized home goods retailers. PROFITsystems’ flagship product, RETAILvantage, is an SaaS solution that manages all aspects of a home good retail operation including inventory management, distribution management, point of sale, customer management, accounting, and business analytics.

“The management team at PROFITsystems was seeking to align our business with a partner that would bring significant resources dedicated to continuing to enhance our products and provide world class support to our customers,” said Jeff Niskern, CEO, PROFITsystems. “Accellos is a perfect fit for PROFITsystems. Accellos brings deep expertise in the supply chain issues facing our customers and is committed to keeping our focus on the unique needs of home goods retailers.”

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About the Author

Josh Bond, Senior Editor
Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.

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