Unit4 acquires Three Rivers Systems to deliver industry’s most complete and cutting edge Education ERP worldwide
Utrecht, Netherlands, June 08, 2015 – Unit4, a fast growing leader in enterprise applications for service organizations, today announced the acquisition of U.S.-based student management solution provider, Three Rivers Systems, Inc. The acquisition supports Unit4’s strategy to offer market leading industry-specific solutions to people-centric businesses. Education has always been a key pillar of the company’s strategy. Together with Three Rivers Systems, Unit4 serves more than 1,000 clients in Education globally.
The Unit4 People Platform enables Three Rivers Systems’ student management system to seamlessly work together with Unit4 applications, creating the first next generation end-to-end ERP for Education. The system incorporates a powerful and flexible localization framework, which allows Unit4 to cater to local needs, such as Financial Aid in the U.S. or the Student Loan Council in the UK.
“The Education market currently lacks a modern and complete business application platform ready to be deployed globally. This is exactly what Unit4 and Three Rivers Systems will jointly deliver,” says Jose Duarte, Unit4 CEO.
“This acquisition has created a global market leader for Education ERP solutions, and significantly strengthens Unit4’s market position in North America. By combining technologies and resources, we are the first to deliver the full suite of next-generation ERP for the global Education community.” With three decades’ experience developing enterprise solutions exclusively for colleges and universities, Three Rivers Systems is highly regarded in the U.S. for its best in class student management solutions. The acquisition of Three Rivers Systems’ Student Management technology and tight integration with Unit4’s broad and feature rich Finance, Human Relations and Research Management applications will result in the industry’s first and most advanced and complete global ERP for Education.
New and updated features of the combined offering include: Human Resources & Payroll, Finance Management, Research Management, a complete Student Management system covering Student Acquisition, Course Management, Retention, Degree Auditing and much more. Whether adopting new process models or integrating with a newly introduced system, Unit4 is able to easily adapt to the ever changing business requirements and needs of Education institutions. The platform helps grow enrolments, improve student success, and improve overall institutional effectiveness through e.g. the incorporation of built-in data analysis. A truly innovative and clean interface lets users benefit from an easily responsive system with optional touch based capabilities when using a tablet.
“Unit4 and Three Rivers Systems shared focus on product innovation plus people and student centric applications perfectly cover the front and back office of today’s Education institutions,” says Amir Tajkarimi, President & Founder of Three Rivers Systems.
“Unit4 will help to expedite innovation cycles around Three Rivers Systems’ advanced student management technology, while also bringing it to the global market. The acquisition will result in strengthened global sales and support teams as well as increased bandwidth for ongoing research and development around our combined product suite.” Three Rivers Systems aligns tightly with Unit4’s Cloud Your Way deployment model, so that the new Campus suite will support higher education institutions’ preferred ERP architecture, whether in the cloud, on premise, or hybrid.
Unit4 and Three Rivers Systems’ solutions will be integrated via the Unit4 People Platform with Social, Mobile and Analytics driven capabilities. Unit4’s ERP is the only system designed from the ground up for people-centric industries. It empowers people to better engage and create impact, while automating low-value repetitive tasks.