Here is a detailed expalantion of how Inventory Planner and Brightpearl interact with their parent company, Sage. This article will explain the timeline of the acquisitions, and how the acquisitions were beneficial for all parties. Read below to learn more.

Brightpearl Acquires Inventory Planner

Who is Brightpearl?

Brightpearl is a Retail Operations System (ROS) for retailers and wholesalers that are built for rapid scale. Brightpearl’s mission is clear: automate the back office so merchants can get back time and grow fearlessly.

Why did Brightpearl acquire Inventory Planner?

Brightpearl signed an agreement with Inventory Planner back in 2019 to help enhance our customer's experience. With this acquisition, Brightpearl expanded its technology offering to include advanced forecasting expertise. This pairs with its core operating system for retail, which supports rapid scale, first-class automation, and out-of-the-box connectivity.

With this acquisition, there was an opportunity to augment Brightpearl’s core value proposition with a solution that would help customers better forecast demand for their products and manage their stock and cash very efficiently.

Brightpearl launched its own branded version of Inventory Planner (Demand Planner) in 2020 and they saw excellent customer feedback with many new Brightpearl customers subscribing to the solution. That led Brightpearl to the process of acquiring Inventory Planner. The move will see Inventory Planner running as a separate division of Brightpearl, with the parent company executing a significant program of investment to evolve and enhance the Inventory Planner brand and expand its business.

The Sage Group Acquires Brightpearl

Who is Sage?

Sage exists to knock down barriers so everyone can thrive, starting with the millions of small and mid-sized businesses served by us, our partners, and accountants. Customers trust our finance, HR, and payroll software to make work and money flow.

By digitizing business processes and relationships with customers, suppliers, employees, banks, and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology, and experience to tackle digital inequality, economic inequality, and the climate crisis.

Why did Sage acquire Brightpearl?

Acquiring Brightpearl enabled Sage to offer customers end-to-end retail financial management, inventory planning, sales and order management, purchasing, and supplier management, CRM, fulfillment, warehousing, and logistics management.

Sage plans to continue to offer Brightpearl as a market solution, providing merchants with the choice of accounting modules or accounting platforms. This provides businesses with a single vendor to work with, as well as access to a broader portfolio of additional Sage solutions to meet their needs.

What is the relationship between Sage, Brightpearl, and Inventory Planner?

The relationship between the three companies is that Inventory Planner is the sister company to Brightpearl, the leading Retail Operating System. Both Inventory Planner and Brightpearl are owned by our parent company, Sage.

For any other questions about the relationships between Inventory Planner and its parent company, please contact [email protected].

Did this answer your question?