Our vision is to be a pioneer in developing ERP solutions for small and medium-sized companies, and our strategy is to offer the most advanced ERP and superior services to selected target groups.
Most advanced ERP
- Cloud service
- Highly automated
- Most extensive solution for customer industries
- Constant development and regular updates
Superior services
- Safe maintenance and back ups, zero downtime
- Best industry expertise
- Efficiency and reliability
- Packaged services
What we provide
Software services
We help our customers manage all their functions with one automated cloud service: Adminet.
Accounting services
We offer reliable, industry-specific and 100% paper-free accounting and payroll services.
Customer service
We take care of our customers all the way from system implementation and support to business development.
Why customers choose us
1. Streamlining customer business
Adminet boosts operational efficiency by automating manual processes and complex integrations. Information flow is fast and seamless from production site to office.
2. Comprehensive solution
Admicom provides construction, building services and industrial companies with an extensive software package and service coverage developed for the needs of the industry.
3. Pioneer in software development
Admicom boosts digitalization in its customer industries by offering highly automated and continuously evolving ERP system. Strong focus to specific customer segments has led to superior solutions.
4. Pure cloud ERP
Customers can use Adminet in an internet browser anytime and anywhere. Our ERP is a modular system: customers can choose the most beneficial application combination and scale it along the way.
5. Real time information
Thanks to advanced automation, unique project revenue recognition logic and all in one solution, our ERP is able to produce real time information and the right metrics for business management.
6. Time saving
The combination of modern solutions and advanced automation saves customers time from many routine tasks that are normally burdensome and time-consuming, especially in the office and administration.
Customer reviews
We have helped create hundreds of Finnish success stories. Over 150 of them have been published in our customer magazines since 2004.
”Adminet helps us by making our operations more efficient, saving time and providing us a lot of information to keep track of the company’s finances.” – Jukka Pietilä, CEO, IntLog Oy
”Adminet has been one of the prerequisites for our growth to be possible at all.” – Hannu Kauppi, CEO, HSK Sähkö Oy
”Currently we have fewer administrative employees than before, even though our revenue grew almost 4 million euros last year.” – Malik Bentaieb, CEO, LTU Group Oy
Our business
Customer segments
Admicom is the market leader in its core target group; building services engineering. Admicom has strong growth in construction segment and significant potential in its most recent customer segment of manufacturing industry.
Adminet ERP streamlines operations and increases competitiveness for small and medium-size enterprises by automating routine office work.
SaaS business model
Key drivers of growth and development in the ERP markets are the digitalization of financial administration and the transition from laborious ERP implementation projects to faster and more agile solutions.
Cloud-based softwares replace older licensing softwares at a growing pace. For customers, SaaS (Software as a Service) offers flexibility, a small initial investment, real-time information and an ability to work anytime, anywhere. This brings significant cost savings, especially for small and medium-sized businesses. For software companies, the SaaS business model is attractive because it is based on a growing and constant revenue stream.
Admicom’s profitable growth
Approximately 91 % of Admicom’s revenue consisted of recurring monthly invoicing in 2020. Admicom has grown profitably by 36 % since 2018 with an EBITDA-% of 45 %. We are aiming to 10-20 % annual growth rate for 2021 with an EBITDA of 40-50 %.
Core markets
Although we are the market leader within our core target group, Admicom still has market potential within the current customer segments (see pictures based on Admicom’s market data below). However, we also actively investigate other potential sources of growth.
Competition
Admicom’s main competitors are industry-specific ERP-systems, mainly local in Finland. Other competitors are financial management software that are integrated with smaller software or mobile/web applications such as Excel, time reporting, invoicing, offer calculation etc.
Currently, there are no other players in the market who can offer as extensive and industry-specific solution for the same target groups.
Admicom’s competition
Reasons to invest in Admicom
Growth
- Track record of profitable growth (+ 40 % in 2020)
- Approximately 91 % of revenue consisted of recurring monthly invoicing in 2020
- Aiming to maintain 10-20 % annual growth rate for 2021
Profitability
- Successful business model, EBITDA 45 % in 2020. Our goal for 2021 is 40–50 %
- Aiming to allocate over 50 % of profits as dividend, without risking growth strategy
- Return on investment 44 % in 2020
Pioneer
- Comprehensive, industry-specific service provider
- Highly automated and constantly evolving ERP system
- Solutions that genuinely help customers, e.g. more than 30 centrally maintained price lists