IDU NEWS

Nov 19, 2019
2 min

IDU User Conference 2020 – Registration open!

On the 27th and 28th February 2020 Financial Managers, Financial Accountants, IT Managers, and Financial Administrators from a wide range of companies, industries, and countries will gather in Cape Town for two full days of conferencing at the 11th Annual IDU User Conference 2020. The conference will again be held at the Marriott Hotel, Crystal Towers, Century City. The theme for the conference is Empowerment, as this is one of our core values at IDU. We believe in empowering

Oct 29, 2019
2 min

IDU a leader in the G2 Crowd Fall 2019 Report

IDU has been named a Leader in the Budgeting and Reporting category and a High Performer in the Corporate Performance Management Categories of the G2 Crowd Fall 2019 Report. G2 Crowd is one of the world’s leading business solution review platforms, which leverages more than 330,000 user reviews to drive informed purchase decisions. IDU has received this accolade after having been recognised by G2 Crowd in four previous reports. Our clients voted us tops in terms of “ease of d

Aug 22, 2019
2 min

Stuck in spreadsheet hell?

It’s time to upgrade your budgeting and forecasting process How long does it take your company to prepare its annual budget – two weeks? Six weeks? Two months? Three months? And on a scale of “walk in the park” to “swim through shark-infested waters”, how stressful is the process? If your answer is six weeks or longer, we’re betting the process is also stressful and unpleasant. For some human activities, a slower pace means more leisure and time to reflect; budgeting is NOT o

Jul 10, 2019
3 min

IDU partners with Sage Intacct

IDU Partners with Sage Intacct, bringing together powerful Financial Planning and Analytics capabilities with the innovation and customer satisfaction leader in cloud financial management solutions. SAN JOSE, Calif. – July 10, 2019 – IDU, a leading provider of Financial Budgeting and Reporting solutions, today announced its official partnership with Sage Intacct. IDU has been listed as a certified Marketplace partner with Sage Intacct. This partnership means the idu-Concept s

May 23, 2019
2 min

Improved Accountability and Ownership at RAHS

The Royal Agricultural & Horticultural Society of South Australia Inc. (RAHS) is the organiser of the state’s largest ticketed event, the Royal Adelaide Show, which attracts approximately 30% of South Australia’s population. Further to this, the Adelaide Showground provides facilities to more than 100 exhibitions, conventions and banquets each year. The Royal Agricultural & Horticultural Society SA implemented the Enterprise Edition of idu-Concept’s Budgeting & Reporting Modu

May 15, 2019
2 min

When is it time to move to specialised software?

Spreadsheets are a wonderful tool and have served many a small business’ budgeting, forecasting and planning needs. But there comes a time when you need to look at moving across to specialised financial software that gives you more control over, and insight into, your financial information. Here are 4 ways to know that time has come… Your business is growing in size and complexity Spreadsheets are perfectly fine for small simple companies; but as you start to grow and expand

Apr 23, 2019
2 min

Retailability recommends IDU without reservation

Retailability (Pty) Ltd is a retailer of fashion apparel intended to offer fashionable in house and branded labels at low price points targeted at lower to middle income consumers in Southern Africa. The group comprises of three brands, namely Style, Legit and Beaver Canoe. Together these brands operate over 430 stores across 6 countries in Southern Africa. Retailability required a budgeting and reporting solution for their multi-currency and multiple ledger environment due t

Apr 9, 2019
2 min

IDU acknowledged as a Leader G2 Crowd 2019 Spring Report

IDU are delighted to be acknowledged as a Leader in the Budgeting and Forecasting category by the prestigious G2 Crowd 2019 Spring Report, published earlier this month. The report which ranks and compares leading Budgeting, Reporting and Corporate Performance Management (CPM) solutions based on market presence and customer satisfaction ratings was released on the 1st April 2019. G2 Crowd releases Grid® and Index Reports on a quarterly basis, ranking products based on reviews

Mar 7, 2019
3 min

IDU and Draftworx team up

IDU, the corporate performance management (CPM) software company that transforms the budgeting, forecasting and reporting process for medium and large businesses, has partnered with Draftworx, which provides tools to automate and remove the complexity of International Financial Reporting Standard (IFRS) financial statements, to close the loop for clients every month. The commonalities and synergies between the two companies are remarkable. IDU offers an easy-to-use, yet enter

Mar 1, 2019
2 min

IDU expands into the Americas

IDU, the corporate performance management (CPM) software company that transforms the budgeting, forecasting and reporting process for medium and large businesses, today announced its expansion to the Americas region with the launch of IDU Americas. Companies in North, Central and South America can now say good-bye to complicated, error-prone spreadsheets and instead finalise their budgets in a fraction of the time, working collaboratively and constructively with non-financial

Jan 24, 2019
2 min

IDU identified as a High Performer by G2 Crowd

IDU has been identified as a High Performer in the Corporate Performance Management (CPM) industry by the prestigious G2 Crowd 2019 Winter Report. The report which ranks and compares leading CPM solutions based on market presence and customer satisfaction ratings was released earlier this month. “Rankings on G2 Crowd reports are based on data provided to us by real users,” said Michael Fauscette, chief research officer, G2 Crowd. “We are excited to share the achievements of t

Nov 6, 2018
2 min

IDU’s 10th Annual Conference – Futurescapes

On the 28th February and 1st March 2019 Financial Managers, Financial Accountants, IT Managers and Financial Administrators from a wide range of companies, industries and countries will again gather for two full days of conferencing at the 10th Annual IDU User Conference 2019. The conference will be held at the Marriott Hotel, Crystal Towers, Century City, and we expect a record turn out to this event. Attendees will be introduced to exciting new features and modules of idu-C

Aug 14, 2018
2 min

IDU features again in the 2018 Gartner Market Guide

IDU is recognised by top industry experts for its award-winning Budgeting and Reporting Solution for the second year in a row. “Gartner, the world’s leading research and advisory company have published their 2018 Market Guide for Corporate Financial Planning Applications, and we are proud to be included”, says Kevin Phillips, CEO of IDU Holdings. The Gartner Market Guide is independent and insightful, it highlights the rapid development of financial analytics technology, and

May 8, 2018
2 min

IDU receives Rising Star award from FinancesOnline

The team behind idu-Concept has worked tirelessly to provide businesses with a robust platform that simplifies and streamlines both financial budgeting and reporting, and we are glad to announce that our software has resonated well with users. B2B software review website FinancesOnline awarded idu-Concept with the Rising Star award for 2018 after we recorded a high 100 percent user satisfaction rating from their Customer Satisfaction Algorithm. FinancesOnline utilizes its Cus

Jul 12, 2017
2 min

Lockdown Time Thieves

In my May article I suggested that one of the biggest challenges to innovation and business progress is simply finding the time to think, research, experiment and develop new ideas. The notion of carving out 20% time, à la Google, is a pipe dream for most. So I thought it would be interesting to figure out what is keeping finance people so busy. To do this we held a snap survey of finance managers and administrators across a range of industries to find out what takes up their

Jun 22, 2017
2 min

IDU in Gartner’s Top 25 Corporate Planning Applications

Gartner, the world’s leading research and advisory company recently published their Market Guide for Corporate Planning Applications. IDU is very proud to have our award-winning Budgeting and Reporting Software idu-Concept recognized amongst the best in the world for providing innovative financial management solutions. The Gartner Market Guide is independent and insightful, it highlights the rapid development of financial analytics technology, and the considerable opportunit

Feb 16, 2017
2 min

IDU users can now harness the power of Microsoft Power BI

IDU users can now harness the power of Microsoft Power BI through the idu-Concept Reporting Module. Microsoft Power BI is a suite of business analytics tools that allow users to analyse data, visualise it, and then share insights in new intuitive ways. Users are able to create personalised dashboards, and view and share reports with other people in the organisation easily and quickly. Power BI dashboards provide a 360-degree view of the data within the IDU database, putting t

Jan 18, 2017
2 min

IDU a winning investment for GPI Slots

IDU creates transparency and ownership throughout the budgeting process at GPI Slots GPI Slots is a division of Sun International, a company listed on the JSE Limited with investments and operations in the South African gaming and leisure industry. GPI Slots found their existing budgeting process to be cumbersome, time-consuming and fragmented. It became clear that there was a real need to remodel the existing system to be more streamlined and offer an accurate, timely financ

Oct 3, 2016
2 min

IDU at the Finance Indaba Africa 2016

Visit the IDU stand at the Finance Indaba Africa – 2016 IDU are proud silver partners to the Finance Indaba Africa– 2016 (13-14 October 2016, 9am to 10pm). Not only is this the biggest annual event of its kind for finance professionals, but the Finance Indaba also brings together a diversified and select group of industry leaders, related suppliers, technology forerunners, banks, business and finance executives, strategic synergy partners and respective authorities. There are

Jul 6, 2016
2 min

Savvy SMEs can now supercharge their budgeting and reporting

Small and medium businesses can now take their budgeting and reporting to the next level thanks to idu-Concept’s launch on Amazon Web Service (AWS) Marketplace. This means that SMEs can now access, via the cloud, idu-Concept, the business software solution that solves all the headaches of managing budgets using spreadsheets. With idu-Concept, financial managers of SMEs can improve turnaround times, increase business unit ownership of budgets, enable integrated and inclusive