Maconomy was a global provider of

Enterprise Resource Planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a sui ...

(ERP) software founded in 1989 in Denmark by Per Tejs Knudsen, Philip Dam and Ulrik Jørring. Maconomy was acquired by Deltek in 2010.

History Of Maconomy

Maconomy originates from the company PPU Software A/S, founded in Denmark in 1983. In 1989 PPU Software A/S defined a new strategy based on a new base technology, which was encapsulated in a subsidiary called PPU Maconomy A/S. The Maconomy headquarters were located in

Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of Denmark , establish ...

. Additionally, Maconomy had offices in five other countries: The

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

(Benelux),

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the ...

, Sweden, the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

and the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

. Maconomy also had offshore development operations in

Kyiv Kyiv, also spelled Kiev, is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper River. As of 1 January 2021, its population was 2,962,180, making Kyiv the seventh-most populous city in Europe. Kyi ...

Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...

, and an extensive partner network in Europe, UK, India, Canada, South Africa and other countries. Maconomy completed its initial public offering (

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

) on the OMX Nordic Exchange (formerly Copenhagen Stock Exchange) in December 2000. On July 6, 2010, Maconomy was acquired by Deltek, Inc.

Software

Maconomy provides ERP products that it claims integrate companies’ project and finance processes into one system. Its industry specific products are aimed primarily at Professional Services Organizations, including

consulting firms A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad range ...

, marketing communications firms and other knowledge-intensive organizations. The software itself consists of a core module featuring finance, time registration and job costing functionalities. Add-on modules such as

Human Resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...

(HR) and

Customer Relationship Management Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study big data, large amounts of information. CRM systems data collectio ...

(CRM) can be integrated with the product. Maconomy produces the resource planning product Maconomy People Planner and the

Business Intelligence Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical p ...

software Maconomy Analytix. Analytix has since been renamed Business Performance Management (BPM). The first version - Maconomy 1.1 - was released in 1991. The Deltek Maconomy ERP product is still a strategic solution in the Deltek product portfolio and sold to professional services firms all over the world. Historically sold as an on premises solution, Deltek Maconomy was launched as a SaaS solution in 2012. It is available in two different cloud versions - Deltek First Maconomy Essentials (with or without a 'Flex' offering), and Deltek Maconomy Enterprise Cloud. The current version of Maconomy 2.4.4 was released in May 2019.

References

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External links

Deltek Official site
ERP software companies Software companies based in Copenhagen Danish companies established in 1989