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Centric takes majority stake in Dutch fintech Twelve
Centric takes majority stake in Dutch fintech Twelve

Finextra

time3 days ago

  • Business
  • Finextra

Centric takes majority stake in Dutch fintech Twelve

Twelve, the leading Dutch FinTech company specialized in point-of-sale (PoS) and order management in the foodservice and hospitality sector, today announced its acquisition by Centric, a prominent IT software and services provider. 0 This strategic move marks a significant milestone for both organizations, combining deep market expertise and a shared vision for the future of retail technology. Centric, together with investment vehicle Spacetime, will support founder and newly appointed CEO Willem van Kralingen in strengthening Twelve's service offering and accelerating its European growth strategy. Leader in PoS for the foodservice and hospitality sector Initially focused on amateur sports clubs, Twelve developed a cashless payment and order management solution easily operated by volunteers on weekends. Underpinned by its user-friendliness, speed and reliability, Twelve successfully expanded beyond sports clubs and now serves large stadiums like the Johan Cruijff Arena, major events such as SAIL Amsterdam and leading caterers like Sodexo. Together with its focus on smaller quick service restaurants, Twelve has become the go-to provider of point-of-sale and order management software for the foodservice and hospitality sector in the Netherlands. Accelerating European expansion Currently, Twelve is processing more than 700 million transactions a year in a wide range of establishments. 'We have grown into the market leader in the Netherlands', says Willem van Kralingen, CEO at Twelve. 'Our 15 years of experience together with the added expertise and network of our new partners make us uniquely positioned to expand across Europe starting with Germany, France, Italy and the UK. We already service major stadiums in two of those countries, such as Stade de France and San Siro.' Investment for strategic growth For Centric, the acquisition of Twelve enhances its portfolio of retail software solutions. While Centric has traditionally held a strong position with its software solutions in the food, non-food, and logistics sectors, Twelve adds an innovative dimension to retail technology with its PoS solutions tailored to the foodservice and hospitality sector. 'This investment also reinforces our strategic direction,' says Hans van Waaijenburg, CEO of Centric, 'We focus on markets where our in-depth industry knowledge and advanced IT capabilities can truly make a difference for our clients. We actively invest in promising technology companies that enhance our expertise and strengthen our position in these markets. By joining forces with Twelve, we not only accelerate their growth but also solidify our role as a leading IT player in the retail market.' Twelve will continue to operate under its own brand and organizational structure, maintaining its entrepreneurial spirit and strategic autonomy, while engaging with the broader Centric group on an arm's length basis to benefit from its scale and support.

Brenntag Selects Centric PLM to Boost Global Growth and Harmonize Product Data
Brenntag Selects Centric PLM to Boost Global Growth and Harmonize Product Data

Yahoo

time10-06-2025

  • Business
  • Yahoo

Brenntag Selects Centric PLM to Boost Global Growth and Harmonize Product Data

German chemical and ingredients distributor partners with Centric Software to ensure compliance and streamline ingredients & recipe management CAMPBELL, Calif., June 10, 2025 /PRNewswire-PRWeb/ -- Centric Software® is pleased to announce that Brenntag, the global market leader in chemical and ingredients distribution, has selected Centric PLMTM to streamline new product development and harmonize product data for its food and nutrition division. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, food service and multi-category retail to achieve strategic and operational digital transformation goals. Brenntag Specialties sought a single source of truth for master data management in its Food & Nutrition business to ensure regulatory compliance across multiple regions. With a strong network of dedicated Innovation and Application centers working daily on satisfying customer requests, Brenntag identified an opportunity to streamline R&D processes. Nutrient calculation and labeling declaration were vital functions to address. For each country where Brenntag operates, there are specific regulatory rules governing permitted ingredients and labeling. Formulation, recipe management, compliance checks, label and artwork management all operate together. They require a streamlined process and reliable, real-time data. "We need a holistic PLM solution to harmonize data and processes across our Food & Nutrition Division in order to ensure that we are agile in developing new products and solutions for our customers, while always guaranteeing the quality and compliance standards our company is renowned for", says Stephanie Pretesacque, Director Innovation and Application at Brenntag. With Brenntag's vast global network of employees, customers and suppliers, a robust global and connected PLM solution is necessary. The ability to operate in multiple languages is essential, and data needs to be updated and available in real-time. After a thorough analysis of a number of PLM solutions, Brenntag selected Centric. One of Centric PLM's key differentiators is its strong integration capabilities with other systems and partners, particularly with FoodChain ID, a popular compliance database and partner of Centric Software. Brenntag also chose Centric for its strong customer references in the food & beverage sector, track record of successful implementations delivering ROI and high user adoption rates. "Centric PLM will empower teams to manage projects more efficiently with real time visibility and a global view of departments, projects and roles," says Maria Sarandeva, Commercial Excellence Director. "Regulatory compliance and sustainability are at the core of Brenntag's brand promise. With PLM, all product information will be stored in one location and we will easily track product development." "We are thrilled that Brenntag has selected Centric PLM as the foundation solution to ensure regulatory, compliance and sustainability across their vast global business network," says Fabrice Canonge, President of Centric Software. "We look forward to a long-term partnership with this pioneering brand committed to innovation and sustainability." [Learn more about Centric Software __title__ Learn more about Centric Software] [Request a demo __title__ Request a demo] Brenntag ( Brenntag is the global market leader in chemicals and ingredients distribution. The company holds a central role in connecting customers and suppliers of the chemical industry. Headquartered in Essen, Germany, Brenntag has more than 18,100 employees worldwide and operates a network of about 600 sites in 70 countries. In 2024, Brenntag generated sales of 16.2 billion EUR. The two global divisions, Brenntag Essentials and Brenntag Specialties, provide a diversified and broad portfolio of industrial and specialty chemicals and ingredients as well as tailor-made application, marketing and supply chain solutions, technical and formulation support, comprehensive regulatory know-how, and digital solutions for a wide range of industries. Brenntag pursues an ambitious sustainability agenda and is committed to sustainable solutions in its own sector and the industries served. Brenntag shares have been listed at the Frankfurt Stock Exchange since 2010, in the DAX since September 2021. In addition, the Brenntag SE shares are listed in the DAX 30 ESG and DAX ESG Target. Media Contact Celia Newhouse, Centric Software, +14385015498, cnewhouse@ Twitter View original content to download multimedia: SOURCE Centric Software Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Centric Consulting Offers Seamless Transition as Microsoft Moves to Eliminate Mid-Market Enterprise Agreements
Centric Consulting Offers Seamless Transition as Microsoft Moves to Eliminate Mid-Market Enterprise Agreements

Yahoo

time03-06-2025

  • Business
  • Yahoo

Centric Consulting Offers Seamless Transition as Microsoft Moves to Eliminate Mid-Market Enterprise Agreements

DAYTON, Ohio, June 3, 2025 /PRNewswire/ -- As Microsoft evolves its licensing strategy to better serve enterprise and mid-market segments, thousands of organizations with fewer than 2,400 users will transition from Enterprise Agreements (EA) to new licensing models. Centric Consulting, a Microsoft Direct Cloud Solution Provider (CSP), announced today that it is providing specialized services designed to guide businesses through this transition. Microsoft has restructured its licensing agreements, limiting EA renewals, particularly for those with user/device counts between 500 to 2, 400. This segment is known as Level A. These companies are encouraged to evaluate their current user counts and expiration dates and develop a strategy for licensing and support before their agreements expire. When their agreements are up for renewal, they must engage with a Microsoft CSP like Centric or purchase directly from Microsoft to renew their licensing. "We're seeing many leaders of mid-sized companies working to understand how the licensing changes will affect their company. The transition presents an opportunity for them to reassess and optimize, but if they're unprepared, they risk cost increases and service gaps," said Maurice Faison, Microsoft Partnership Director at Centric Consulting. "As a Direct CSP, we're uniquely positioned to offer our clients not just licensing solutions, but comprehensive strategic guidance and managed services that maximize their Microsoft investment." To help companies understand the nuances of Microsoft licensing, Centric developed a Microsoft Licensing Comparison Guide. This self-assessment provides personalized recommendations and conversation starters for choosing the right licensing support model. While Microsoft's recent policy change has created urgency for many organizations, Centric's deep expertise in managing complex licensing requirements has consistently helped clients optimize costs and maintain compliance throughout the evolving technological landscape. "Over the past decade, we've assisted numerous clients with their licensing needs from initial cloud service adoption to optimization and broader technology implementations," added Faison. "Our efforts have consistently resulted in cost savings while ensuring that technology fully supports the business objectives." Unlike standard resellers, Centric offers a comprehensive approach that includes complimentary licensing assessments to identify potential cost-saving opportunities, frictionless EA-to-CSP transition services, and ongoing strategic and IT support from certified Microsoft specialists. The firm's robust Microsoft Consulting Services encompass Microsoft's complete cloud ecosystem—Microsoft 365, Dynamics 365, Azure, Teams, Power Platform, Copilot, and Defender—while also supporting critical on-premises infrastructure, including Windows Server and SQL Server deployments. For more information about Centric Consulting's Microsoft licensing solutions or to schedule an initial discussion, visit Media Contact: Lindsay Dawson, Centric Consulting, 888.781.7567, About Centric ConsultingCentric Consulting is the right partner — committed to delivering tailored solutions and unmatched experiences. For 26 years, the international management consulting firm has combined the benefits of deep experience, flexibility and cost efficiency to solve its clients' toughest problems. Its teams include strategic advisors and the best talent from across the United States and India with expertise in areas like artificial intelligence, cyber risk and compliance, people and change, business applications and more. The firm builds teams that can scale up or down quickly based on client needs, industry and desired outcomes. Headquartered in Ohio, with 1,300 employees and 14 locations, Centric has been honored with over 100 awards for its commitment to employees, clients and communities. It's also been recognized 10 times by Forbes as one of America's Best Management Consulting Firms. Visit to learn more. View original content to download multimedia: SOURCE CENTRIC CONSULTING, LLC Sign in to access your portfolio

Centric Software Debuts AI Retail Platform at NRF Asia 2025
Centric Software Debuts AI Retail Platform at NRF Asia 2025

Fashion Value Chain

time03-06-2025

  • Business
  • Fashion Value Chain

Centric Software Debuts AI Retail Platform at NRF Asia 2025

Centric Software® is unveiling its AI-powered concept-to-commercialization platform at NRF 2025: Retail's Big Show Asia Pacific, taking place from June 3–5 in Singapore. For the second year running, the enterprise tech leader will spotlight its integrated solutions tailored for the consumer goods industry—including fashion, luxury, home, footwear, food & beverage, and cosmetics. Centric's flagship PLM platform, along with tools like Centric Planning™, Pricing & Inventory™, Visual Boards™, Market Intelligence™, and PXM™, delivers real-time, data-driven support for strategic decision-making. These solutions are engineered to meet today's challenges—tariffs, shifting sourcing strategies, compliance pressures, and increasing consumer and sustainability demands. With the retail landscape in Asia undergoing rapid transformation, Centric Software equips brands and manufacturers with agile, AI-infused tools to optimize product development, accelerate time-to-market, and maintain profit margins—even amid disruption. Attendees can visit booth #1007 for demos and consultations across sectors, or catch President Fabrice Canonge's keynote on June 3, 1:45–2:15 PM at Expo Stage 3, titled 'Maximizing Profitability Amid Tariffs and Disruptions.' Customer Highlight: Singapore-based Phoon Huat Pte Ltd. has already adopted Centric PXM to streamline operations and improve speed-to-market. With over 18,000 global users, Centric's retail tech ecosystem continues to drive digital transformation at scale. Book demos or register with a discount: Visit Event Page

Industry Leaders to Share Revolutionary Frontline Onboarding Strategies That Cut Training Time and Boost Retention
Industry Leaders to Share Revolutionary Frontline Onboarding Strategies That Cut Training Time and Boost Retention

Yahoo

time22-05-2025

  • Business
  • Yahoo

Industry Leaders to Share Revolutionary Frontline Onboarding Strategies That Cut Training Time and Boost Retention

Live Webinar on May 29 Features Real-World Case Study from Arise's AI-Driven Transformation Boca Raton, FL, May 22, 2025 (GLOBE NEWSWIRE) -- With nearly 90% of organizations prioritizing personalized onboarding as a critical business imperative, frontline workforce training has become a make-or-break factor for operational success. A groundbreaking webinar next week will reveal how one company dramatically transformed its approach to agent readiness, offering actionable insights for organizations across industries. "Onboarding Transformed: How Arise Optimizes Frontline Learning for Performance & Retention" takes place Thursday, May 29, 2025, at 1:00 PM ET, featuring an in-depth case study of how Arise, a leading virtual customer service provider, revolutionized its onboarding process through AI-driven personalization and competency-based certification. The webinar addresses a critical challenge facing organizations today: how to effectively onboard and train frontline employees who directly impact customer experience and business outcomes. Traditional one-size-fits-all training approaches are failing to meet the demands of today's diverse workforce and rapidly evolving business environment. Attendees will hear directly from Sonia Brant, VP of Learning Design & Delivery at Arise, who will share how her organization partnered with Centrical to implement a structured, dynamic onboarding process that leverages: Competency-based certification that ensures skill mastery before deployment AI-driven personalized learning paths that adapt to individual learning styles and pace Real-time analytics that identify skills gaps and drive continuous improvement Simulation-based training that provides safe practice environments The transformation resulted in dramatically reduced time-to-proficiency and significantly lower attrition rates across Arise's frontline workforce. The webinar features three industry experts: Sonia Brant, VP of Learning Design & Delivery, Arise William Perico Neto, Senior Customer Success Manager, Centrical Claude Werder, Senior VP and Principal Analyst, Brandon Hall Group™ Together, they'll demonstrate how these innovative approaches can be adapted across various industries, including retail, banking, healthcare, and hospitality. Participants will leave with: Proven strategies for reducing training time while improving knowledge retention Framework for implementing AI-driven personalization in frontline training Real-time analytics approaches that drive continuous performance improvement Business case insights for transforming organizational frontline onboarding Industry-agnostic best practices that can be immediately applied The complimentary webinar is open to HR leaders, learning and development professionals, operations managers, and executives responsible for frontline workforce performance. Event Details: Date: Thursday, May 29, 2025 Time: 1:00 PM Eastern Time (US and Canada) Format: Live webinar with Q&A session Registration: "Organizations can no longer afford outdated onboarding approaches that leave frontline employees unprepared and likely to leave," said Claude Werder, Senior VP and Principal Analyst at Brandon Hall Group™. "This webinar provides a roadmap for transformation that delivers measurable business impact through proven AI-driven strategies." - About Brandon Hall Group - Brandon Hall Group™ is redefining Human Capital Management. Our innovative blend of research, learning, and advisory services has empowered over 10,000,000 professionals globally. The Brandon Hall Group Institute™ is where cutting-edge insights meet practical application, driving real-world results. From engaging courses to immersive experiences, we're not just about incremental improvements—we're about transformative shifts. Our HCM Excellence Awards® showcase game-changing practices. Join us in shaping the future of work, where talent doesn't just grow—it thrives. CONTACT: David Forry Brandon Hall Group 5613538082 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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