OneFit Software, a new enterprise software solution for SME manufacturers and wholesalers, has received six-figure funding from Lancashire’s Rosebud Finance to support its national launch.
OneFit - part of the Chorley-based Logma Group - offers growing businesses the type of functionality previously only aailable in expensive, high-end systems. The software allows companies to integrate processes, control operations, diversify into new markets and ultimately grow profits.
The funding will allow OneFit to develop a network of resellers throughout the UK and fund a national sales and marketing campaign. The company is planning to double its staff from 9 to 20 by the end of 2015.
The Logma Group, a well established software company, began development of OneFit five years ago after identifying a gap in the market when Sage announced it would no longer be supporting Sage MMS and Sage Line 100. Their vision was to deliver an affordable enterprise resource planning (ERP) solution and encourage companies to 'expect more' from their IT solutions.
OneFit offers a complete ERP solution but is available in modules, giving customers the flexibility to develop their system in line with their business growth. It offers dashboards providing real-time information and advanced features to manage machine and operator assignment. It can provide full traceability using scanning and bar-coding, allowing companies to track goods from the initial order through to distribution and delivery. OneFit has its own strong financials and web portal yet can integrate with Sage 50 and 200 and leading e-commerce solutions such as Magento.
Rosebud is a finance package supporting Lancashire firms to grow and expand their business. It is managed by Enterprise Ventures, on behalf of Lancashire County Developments Ltd (LCDL) - the county council's economic development company.
Paul Taberner of Enterprise Ventures said: “OneFit offers SMEs the type of sophisticated systems previously restricted to large corporates. The Rosebud funding will allow the company to develop a network of resellers and take advantage of the gap in the market for this type of enterprise software system.”