Douzone

What Douzone does

Douzone Bizon (더존비즈온) is South Korea's leading homegrown ERP and business software provider, operating a SaaS integration platform that combines ERP, groupware, cloud, and AI technologies for enterprises of all sizes. The company serves a hybrid customer base that spans SMEs (1–120 employees using Smart A 10, WEHAGO, and NAHAGO), mid-market and large conglomerates (using OmniEsol, Amaranth 10, iCUBE, EFIS 10, and MES 10), tax and accounting firms (WEHAGO T), government and public institutions (WEHAGO V with CSAP certification), healthcare providers (WEHAGO H), financial institutions (via Techpin Ratings JV and WEHAGO factoring), and freelancers. Underlying technology includes the AI-powered SaaS stack of ONE AI (enterprise AI assistant with RAG), GEN AI DEWS (AI development platform for ERP code generation), and Insight AX (data analytics platform), all natively integrated with the core ERP/business platform.

Douzone generates revenue primarily through annual and monthly SaaS subscriptions across multiple product tiers, supplemented by professional services and implementation fees, transaction-based accounts receivable factoring via the WEHAGO platform, and increasingly AI add-ons such as the ONE AI Pack. Distribution is sales-led with a nationwide network of IT coding centers, call-center inside sales, and self-serve cloud sign-up for smaller customers; the channel is complemented by tax/accounting firm resellers and strategic partnerships with Shinhan Bank, AWS, Anthropic, and LG AI Research. The company is incorporated in South Korea, listed on KOSPI (ticker 012510, part of KRX300), and as of early 2026 is being taken private by Sweden's EQT Partners through a $1.5 billion tender offer following a $905 million controlling stake acquisition in November 2025.

Name

Douzone

Legal name

(주)더존비즈온 (Douzone Bizon Co., Ltd.)

Website

http://www.douzone.com

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Douzone Bizon (더존비즈온) is South Korea's #1 homegrown ERP and business software provider, serving SMEs, conglomerates, tax/accounting firms, and government with an integrated SaaS platform spanning ERP, groupware, cloud, AI (ONE AI), and fintech.

Ownership category

akta.pro rank

Product category

Enterprise Resource Planning (ERP) Software

NAICS

Software Publishers (513210), Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC)

akta.pro secondary industry

Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA)

Keywords

• Enterprise resource planning
• Cloud ERP software
• Business groupware
• Tax invoicing solutions
• Smart manufacturing MES

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscription (ERP/Groupware/Cloud): Annual and monthly subscription fees for ERP, groupware, business platform, and cloud services across multiple product tiers (Amaranth 10, OmniEsol, WEHAGO, Smart A 10, WEHAGO V for government). Recurring revenue model with tiered pricing by company size and feature set.
2. Accounts Receivable Factoring: WEHAGO revenue factoring service enabling businesses to access working capital without loans by selling receivables. Revenue generated through transaction fees on processed factoring volume.
3. AI Solutions (ONE AI, GEN AI DEWS, Insight AX): AI-powered add-on solutions integrated into the SaaS platform, generating additional subscription revenue. ONE AI Pack bundles multiple AI tools for enterprise customers.
4. Professional Services & Implementation: System integration, implementation, and consulting services for ERP and MES deployments. ATEC seminars and training programs generate supplementary service revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Douzone develops and sells enterprise software platforms — primarily ERP, groupware, cloud SaaS, and AI solutions — for Korean businesses of all sizes. Its product portfolio centers on Amaranth 10, OmniEsol, WEHAGO, and Smart A 10 platforms, augmented by MES 10 smart factory software, electronic tax invoice services, accounts receivable factoring, and CSAP-certified government cloud (WEHAGO V). Revenue is generated primarily through annual SaaS subscriptions, professional services/implementation, and transaction-based factoring fees.

Differentiator

Problem solved

Functional benefit

Brands

• WEHAGO: Business platform providing integrated business management and collaboration services for enterprises
• Amaranth 10
• OmniEsol
• NAHAGO
• WEHAGO T
• WEHAGO V
• MES 10
• ONE AI
• GEN AI DEWS
• WEHAGO 전자세금계산서
• iCUBE
• Smart A 10
• EFIS 10
• 지방정부 디지털 대민행정 서비스 플랫폼
• Argos EDM
• D-Cloud

Products and services

• Amaranth 10 All-in-one digital business platform integrating ERP, groupware, and document management solutions for Korean enterprises.
• OmniEsol AI-powered next-generation business platform fusing ERP, groupware, ECM, and various enterprise solutions into a unified system.
• WEHAGO Cloud-based business platform providing integrated business management and collaboration services for enterprises, available with self-serve sign-up for SMEs.
• Smart A 10 AI-powered accounting management program used by over 90% of Korean SMEs and tax/accounting firms.
• iCUBE National standard ERP optimized for Korean enterprises of all sizes and industries.
• MES 10 Smart factory solution for real-time production monitoring, quality control, and production efficiency optimization, integrated with ERP for manufacturing execution.
• EFIS 10 Consolidated financial statement system for group companies; used by approximately 150 Korean group companies for consolidated financial reporting.
• WEHAGO T ERP solution for tax and accounting firms with automated bookkeeping, speed bookkeeping (AI reverse accounting from trial balance), tax filing verification, and T-edge connector for managing client companies without ERP.
• WEHAGO V Cloud service for government and public institutions with CSAP security certification, including collaboration tools, video conferencing, expense management, and government-specific features.
• WEHAGO H Cloud-based integrated platform for clinic and hospital operations including appointment booking, medical records, billing, insurance review, inventory, and patient management.
• NAHAGO Mobile app for all workers providing attendance management, paystub delivery, year-end tax settlement, company messenger, and labor law compliance features for freelancers and corporate employees.
• ONE AI Enterprise AI assistant providing AI-powered productivity and workflow automation with RAG-based search-augmented generation to prevent enterprise data leakage. Supports chat-based assistance, document analysis, and tax/labor compliance features.
• GEN AI DEWS AI-powered development platform assisting with program source coding, query generation, design document creation, real-time error detection, and code optimization for ERP development.
• Insight AX AI-powered data analytics platform covering the full data lifecycle from collection through analysis and utilization, including data mapping, anonymization, and visualization.
• ONE AI Pack AI bundle package combining multiple ONE AI services for comprehensive enterprise AI coverage as part of Douzone's AX (AI Transformation) strategy.
• D-Cloud (IDC) Korea's first enterprise-exclusive private cloud data center, CSAP-certified, with SPEC Cloud IaaS registration; expanded as D-Cloud Center Chuncheon Innovation Park PVF (2025).
• Argos EDM Data backup service with encryption for enterprise information asset protection; used by 12,000+ enterprises for data restoration to any desired date.
• Argos EIM Enterprise information management solution for document and information lifecycle management.
• WEHAGO Electronic Tax Invoice (전자세금계산서) Electronic tax invoice service with over 5 billion cumulative issuances across approximately 490,000+ customers; industry-first scale.
• WEHAGO Accounts Receivable Factoring (매출채권팩토링) Factoring service enabling businesses to access working capital without loans by selling receivables; revenue generated through transaction fees on processed factoring volume.
• ICS 10 Information security solution integrated with Douzone's enterprise platform offerings.
• Local Government Digital Citizen Service Platform (지방정부 디지털 대민행정 서비스 플랫폼) Cloud-based citizen administration service platform for local governments covering welfare benefits, administrative services, and citizen engagement.
• Medical Big Data Platform (의료 빅데이터 플랫폼) Medical big data platform for clinical operations and health data management supporting healthcare analytics.
• Cloud Server (클라우드서버) Dedicated cloud server services for enterprises.
• Cloud Fax (클라우드팩스) Cloud-based fax services offered via Douzone CloudFax subsidiary.
• Amaranth 10 UC Unified communications variant of Amaranth 10 business platform.
• Authorized Electronic Document Center (공인전자문서센터) Government-authorized electronic document center service.
• Smart Works v4.0 Smart Works groupware solution version 4.0 for collaboration and document management.

Quantifiable outcome

• Cumulative 500 million+ electronic tax invoices issued — industry-first milestone
• +4 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles8 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability12 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered strategic, minor and core.

• Techpin Ratings & NICE Evaluation Information (테크핀레이팅스·나이스평가정보)strategicStrategic or Co-development Partner · 1 June 2026Techpin Ratings and NICE Evaluation Information signed MOU with Douzone for AI and real-time financial services to support Korean SME productive finance. Douzone's joint venture Techpin Ratings operates a corporate credit evaluation platform CreditView.
• Ministry of SMEs and Startups (중소벤처기업부)minorOthers · 1 September 2025Douzone Bizon is one of the operating institutions for Phase 2 of the Ministry's 'Everyone's Startup' nationwide startup support project (2026), alongside POSCO Technology Investment and Daewoong Pharmaceutical.
• Electronic News (전자신문)minorStrategic or Co-development Partner · 1 September 2025In September 2025, Douzone Bizon partnered with Electronic News (electronics news outlet) and Techpin Ratings to launch an AI-based information subscription service task force.
• AWS (Amazon Web Services) & AnthropiccoreTechnology or Integration · 1 July 2025In July 2025, Douzone signed global cooperation agreements with AWS and Anthropic in AI. AWS re:Invent 2023 had already selected Douzone as a global high-growth potential company. AWS re:Invent 2023 featured AWS and Douzone partnership for global SaaS expansion.
• LG AI Research (LG AI研究院)strategicTechnology or Integration · 1 March 2025In March 2025, Douzone signed a Private AI business cooperation agreement with LG AI Research to develop and deploy private AI solutions leveraging both companies' AI capabilities.
• Samil Accounting Firm (삼일회계법인)strategicStrategic or Co-development Partner · 1 March 2025In March 2025, Douzone signed a business partnership agreement with Samil Accounting Firm (one of Korea's Big 4 accounting firms) for business collaboration and client service enhancement.
• Kyrgyzstan Dordoi GroupminorStrategic or Co-development Partner · 1 January 2025Douzone signed a digital transformation cooperation agreement with Dordoi Group, Kyrgyzstan's largest company, in April 2025, marking an expansion into Central Asian markets.
• Shinhan Bank / Seoul Guarantee Insurance JV - Douzone Techpin (더존테크핀)coreStrategic or Co-development Partner · 1 January 2022Joint venture company established in January 2022 with Shinhan Bank and Seoul Guarantee Insurance to build an SME-focused financial platform. The JV was approved by the Fair Trade Commission in March 2023. Also received Financial Services Commission's corporate credit rating service license (2023) and online lending broker license (2024).
• KOICA / Philippine Bureau of Internal RevenuestrategicImplementation/ SI/ Consulting Partner · 1 January 2022Douzone built the Philippines Tax Administration Platform (EIS) under the KOICA (Korea International Cooperation Agency) Philippines Tax E-Government project starting in 2022. Also won the KOICA-commissioned Philippines Tax Sector E-Government project in 2019.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Yonyou (用友网络): China's leading homegrown ERP and cloud financial software vendor serving enterprises across all sizes with localized ERP, finance, HR, and cloud services. Highly comparable to Douzone's positioning as the dominant localized ERP provider in its home market, with similar product breadth across ERP, groupware, cloud, and financial services.
• Epicor: ERP software vendor focused on manufacturing, distribution, retail, and services SMB and mid-market segments with Kinetic cloud ERP. Comparable to Douzone's MES 10 and ERP offerings serving Korean manufacturing SMEs in automotive parts, cosmetics, and pharmaceutical verticals.
• Kingdee International (金蝶国际): Hong Kong-listed Chinese ERP and cloud services vendor with Kingdee Cloud and Cosmic (Cosmic Cloud) targeting SMEs and large enterprises. Direct comparable to Douzone's SME-penetration strategy with Smart A 10 and WEHAGO, and similar cloud-first ERP transformation journey in a non-English-speaking market.
• Workday: Cloud-native ERP vendor for finance, HR, and planning, serving mid-market and large enterprises globally. Comparable to Douzone's WEHAGO cloud platform and HR/payroll modules, particularly relevant as a cloud-first competitor pushing displacement of legacy on-premise ERP.
• IFS: Enterprise software vendor specializing in ERP, EAM, and FSM for asset-intensive industries including manufacturing. Directly comparable to Douzone's MES 10 smart factory solution and manufacturing execution focus on Korean automotive, cosmetics, and pharmaceutical clients.
• Hancom Group (한컴): Korean office productivity and document software vendor with expanding enterprise and groupware offerings (Hancom Office, Hancom MDS). Direct Korean-market peer competing in similar office productivity and SMB software categories with localized product suites comparable to WEHAGO and Douzone's groupware portfolio.

Broad incumbents

• Infor: Industry-specific cloud ERP vendor (Infor CloudSuite) serving manufacturing, distribution, and verticals comparable to Douzone's manufacturing ERP and MES stack. Overlaps with OmniEsol and Amaranth 10 in mid-market and large-enterprise manufacturing deployments.
• SAP: Global enterprise software leader with SAP S/4HANA ERP suite serving large enterprises including Korean conglomerates. Directly comparable in ERP core functionality, though Douzone dominates the Korean SME segment while SAP competes primarily in the large-enterprise tier where Douzone also targets with OmniEsol and Amaranth 10.
• Oracle: Global enterprise software and cloud platform vendor offering Oracle Fusion ERP Cloud and NetSuite. Comparable as a broad-based ERP/cloud incumbent competing for the same large-enterprise and conglomerate customer base in Korea that Douzone serves with OmniEsol.
• Microsoft Dynamics 365: Microsoft's ERP and CRM cloud suite competing in finance, supply chain, and operations. Overlaps with Douzone's ERP, groupware, and BI capabilities, though delivered as part of Microsoft's broader productivity and Azure stack rather than a Korea-specialized platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@douzonetv

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries12 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Douzone