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 is the market leader for integrated accounting, payroll and payment systems, supporting the ambition of the world’s entrepreneurs.
Starting as a small business, today over 11,000 Sage employees now support millions of entrepreneurs across more than 20 countries as they power the global economy.
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].