Seyfor

What Seyfor does

Seyfor is a Central European ERP and business software group headquartered in Brno, Czech Republic, that develops and implements proprietary and partnered enterprise software for companies ranging from micro/SMB through to large enterprises. The group's product portfolio spans 34 software solutions including multiple proprietary ERP platforms (deep.erp, Saop ERP, Beyond 360, Opal, Vasco), Microsoft Dynamics 365 Business Central, Minimax accounting software for small businesses and accounting agencies, M-Files intelligent content management, and Recruitis/Datacruit applicant tracking systems acquired in 2024. The company also markets an AI Agent robotic process automation platform that automates repetitive tasks across ERP, CRM, and legacy systems with claimed 99.97% task accuracy, 3x operational efficiency, and 500,000+ EUR annual customer savings. Operations span 7 European countries with 2,200+ employees, serving clients in 42 countries, and the group generated 189.76 million EUR in revenue in 2024.

The company operates a hybrid go-to-market model combining direct enterprise field sales across Czech Republic, Slovakia, Hungary, Slovenia, Croatia, and Serbia with certified channel partnerships — notably SAP Silver Partner and Salesforce implementation partner — for SAP S/4HANA Cloud, SAP Analytics Cloud, and Salesforce CRM deployments. Revenue is generated through a combination of subscription and licensing for proprietary software, professional services for implementation and consulting, and recurring revenue from HR solutions following the 2024 acquisitions of Datacruit (wholly owned) and a 38% stake in Recruitis.io. The 2024 acquisition of a 70% stake in Serbian ERP provider M&I Systems Co extended the group's footprint into Serbia and the broader Balkans and added a Serbian development team. Customer base totals 260,000+ companies and organizations; named enterprise references include Strauss Adriatic (Doncafé), DexyCo, Maxbet, FCO, Beosport, Deichmann, Medex, and Ajpes.

Seyfor (formerly Solitea, rebranded around 2021) is privately held with no disclosed venture capital or private equity backing. The group operates through national subsidiaries including Seyfor, a.s. (Czech Republic), Seyfor Slovensko, a.s. (Slovakia), and Seyfor d.o.o. (Slovenia), and maintains ISO 9001 and ISO/IEC 27001 certifications. Distribution reach is anchored by regional offices in Brno, Bratislava, Šempeter pri Gorici, and Belgrade/Serbia, supported by multi-language digital presence across Czech, Slovak, Hungarian, Slovenian, Croatian, and Serbian markets. The group held its annual Seyforum conference in Portorož, positioning itself around accounting, HR, and digital transformation themes for the Central and Southeast European mid-market.

Name

Seyfor

Legal name

Seyfor, a. s.

Website

https://seyfor.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Seyfor is a Central European ERP and business software group developing proprietary ERP platforms (deep.erp, Saop, Beyond 360, Opal, Vasco), content management (M-Files), HR/recruitment tools, and AI Agent RPA. The Brno-headquartered company serves 260,000+ businesses across 42 countries with 2,200+ employees.

Ownership category

akta.pro rank

Product category

Enterprise ERP and Business Software

NAICS

Computer Systems Design and Related Services (5415), Computer Systems Design Services (541512), Custom Computer Programming Services (541511), Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industries

ERP Implementation & Systems Integration Services (BPAEAGAA), ERP/CRM/HRIS Implementation & Integration (BPAEAAAE), Manufacturing ERP (Discrete, Process, Batch) (HDAEAEAB)

Keywords

• Enterprise ERP software
• Robotic process automation
• Enterprise content management
• SAP implementation services
• Applicant tracking systems

Headquarters

HQ city

Brno

HQ country

Czechia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Enterprise Software Licenses and Subscriptions: Seyfor provides ERP systems, specialized software, and enterprise solutions on subscription or license basis. Products include deep.erp, MS D365 Business Central, M-Files, Saop, Beyond 360, and various industry-specific solutions. Revenue generated through software licensing and related services.
2. Professional Services and Implementation: As SAP Silver Partner and Salesforce implementation partner, Seyfor provides consulting, implementation, optimization, and expansion services for enterprise platforms. This includes cloud and on-premise solutions implementation support.
3. HR and Recruitment Software: Following acquisitions of Datacruit and Recruitis.io, Seyfor generates revenue from HR solutions including applicant tracking systems and recruitment software, integrated into the broader portfolio.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Seyfor develops and sells ERP systems and specialized business software for companies of all sizes and industries, operating across 42 countries with 2,200+ employees in 7 European countries. Its portfolio includes multiple proprietary ERP platforms (deep.erp, Saop, Beyond 360, Opal, Vasco), accounting software (Minimax), enterprise content management (M-Files), HR/recruitment software (Recruitis), and the AI Agent RPA automation solution, supplemented by certified SAP and Salesforce implementation services.

Product overview

Seyfor develops ERP and specialized software for companies of all sizes and industries. The product portfolio consists of multiple core ERP platforms (deep.erp, Saop ERP, Beyond 360, Opal, Vasco) supplemented by specialized solutions including accounting software (Minimax), enterprise content management (M-Files), Microsoft Dynamics 365 Business Central, and AI Agent (RPA automation). The company also distributes Recruitis for applicant tracking. With operations in 42 countries and 2,200+ employees, the group generated 189.76 million EUR in revenue in 2024.

Differentiator

Problem solved

Functional benefit

Brands

• deep.erp: ERP solution for medium-sized companies supporting automation of complex business processes
• M-Files
• MS D365 Business Central
• Saop
• Beyond 360
• Minimax
• AI Agent
• Opal
• Vasco

Products and services

• deep.erp ERP system supporting automation of complex business processes and unified company records across all areas of operation in medium-sized companies. Covers finance, accounting, logistics, manufacturing, and related areas within one integrated system.
• M-Files Intelligent enterprise content management solution that helps companies manage documents and information anytime, anywhere, using metadata-driven information management.
• MS D365 Business Central ERP solution for medium and large companies supporting core business areas such as finance, accounting, logistics, manufacturing, and project management within one integrated system.
• Saop ERP Modular ERP system designed to support industries requiring precise control, process optimization, and regulatory compliance. Enables implementation of the complete system or individual modules with high integration and expert support at every stage.
• Beyond 360 Digital transformation solution and ERP for medium and large companies. Facilitates process management with smart automation and CRM integration. Has been helping companies improve efficiency and results for more than 30 years.
• Minimax Business accounting software for micro and small businesses as well as accounting agencies. Features numerous automated functions that simplify business management and enhance collaboration between accountants and entrepreneurs.
• AI Agent RPA software with AI Agent that automates repetitive tasks such as copy-pasting between systems, building reports, posting invoices, managing stock updates, web scraping, form filling, app automation via UI, email processing, and data extraction. Functions as a 24/7 digital coworker for finance, HR, and logistics operations with 99.97% task accuracy.
• Opal Flexible business information system for medium and large enterprises. Designed to quickly adapt to processes of trading, construction, service, and project-oriented companies as well as larger accounting services.
• Vasco ERP system for retailers, service companies, and public institutions. Suitable for small, medium, and large companies as well as public institutions. Features a wide range of solutions and exceptional implementation speed.
• Recruitis Advanced ATS (Applicant Tracking System) for companies wanting to fully optimize their recruitment process. Features include advanced CV content searching, automated GDPR consent management, transparent applicant funnel, referral program, easy collaboration with hiring managers, and candidate experience measurement (NPS).
• SAP Implementation Services As an SAP Silver Partner, Seyfor delivers implementation, optimization, and expansion services for SAP solutions, including on-premise and cloud offerings such as SAP S/4HANA Cloud and SAP Analytics Cloud, tailored to customer needs for growth and innovation.
• Salesforce Implementation Services Certified Salesforce implementation services that help companies automate processes, personalize communication, and enhance customer experience. Salesforce CRM unifies teams, data, and workflows on a secure cloud platform, enabling faster decisions and measurable results.

Quantifiable outcome

• 3x higher operational efficiency with AI Agent automation
• +7 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• M&I Systems CocoreStrategic or Co-development Partner · 23 July 2024Seyfor acquired a 70% stake in Serbian ERP company M&I Systems Co, a regional leader in ERP systems. This strategic move aims to enhance Seyfor's regional influence and foster technological innovation through collaboration in cloud solutions and AI. The partnership strengthens market positions in Southeast Europe and enables further expansion into neighboring Balkan markets.
• DatacruitcoreStrategic or Co-development Partner · 2 July 2024Seyfor acquired recruitment software company Datacruit as part of expansion into HR solutions market. The acquisition aims to strengthen Seyfor's position in Europe and leverage synergies between Datacruit's products and Seyfor's existing systems.
• Recruitis.iocoreStrategic or Co-development Partner · 2 July 2024Seyfor acquired a 38% stake in Recruitis.io, a provider of recruitment software. Investment of over CZK 100 million combined with Datacruit acquisition to expand digital HR solutions across European markets.
• SAPcoreChannel Partner/ Reseller/ DistributorSeyfor operates as SAP Silver Partner, providing seamless implementation, optimization, and expansion services including on-premise and cloud solutions like SAP S/4HANA Cloud and SAP Analytics Cloud. SAP solutions are tailored to customer needs for growth and innovation.
• SalesforcecoreChannel Partner/ Reseller/ DistributorSeyfor is a certified Salesforce implementation partner, helping companies automate processes, personalize communication, and enhance customer experience. Salesforce CRM unifies teams, data, and workflows on a secure cloud platform.

Scale indicators11 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Asseco Poland: Asseco is a Central European IT and ERP software group with a comparable mix of proprietary enterprise software, banking software, and IT services. It operates across Poland, CEE, Israel, and other geographies, mirroring Seyfor's pattern of building regional leadership through acquisition and proprietary ERP franchises.
• Comarch: Comarch is a Polish-headquartered ERP, finance, HR, and IT services provider with a similar profile: proprietary vertical software products combined with systems integration services across Central Europe. Both companies sell ERP, HR, and industry-specific suites to mid-market and enterprise customers in overlapping geographies.
• Allgeier Group: Allgeier is a German IT services and software group with a portfolio that includes proprietary enterprise software alongside Microsoft and SAP implementation services. Comparable to Seyfor in combining an ERP/enterprise software product portfolio with partner-led implementation across DACH and adjacent markets.

Regional players

• Tietoevry: Tietoevry is a Nordic-headquartered IT software and services company with strong ERP and industry-specific software offerings. It is comparable as a regional European IT consolidator with a similar mix of proprietary software and partner-led services, though primarily serving Nordic rather than Central/Southeast European customers.

Emerging players

• IFS: IFS is a global ERP and Enterprise Asset Management software vendor focused on industrial and asset-intensive verticals. It is comparable as a competing mid-market ERP platform with strong industry specialization (manufacturing, services, energy), directly overlapping with Seyfor's Saop, Opal, and deep.erp target segments.
• Infor: Infor is a global enterprise software vendor with deep industry-specific ERP offerings in manufacturing, distribution, and services verticals — directly overlapping with the customer base that Seyfor's Saop, Beyond 360, and Opal products address across CEE.

Broad incumbents

• Sage Group: Sage is a global incumbent in SMB accounting and ERP software with established Central European distribution. It is comparable as a broader incumbent competing for the same SMB and small-accounting-agency customers that Seyfor targets with Minimax and entry-level ERP products.
• SAP: SAP is the global ERP incumbent and the platform vendor that Seyfor implements as a Silver Partner. It is broadly comparable as the underlying product franchise whose mid-market cloud migration (S/4HANA Cloud, SAP Analytics Cloud) drives Seyfor's services revenue and shapes its go-to-market.
• Microsoft (Dynamics 365): Microsoft Dynamics 365 Business Central is one of the core ERP products Seyfor resells and implements. As a broad incumbent, Microsoft competes with Seyfor's own proprietary ERP brands (deep.erp, Saop) while also creating partner services opportunity — directly relevant to the company's revenue mix.
• Workday: Workday is a broad incumbent in cloud ERP and HCM, with a growing mid-market motion that competes for the same financial and HR transformation budgets that Seyfor targets with its ERP and newly expanded Recruitis/Datacruit HR portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/seyfor_as
• YouTubeyoutube.com/@seyfor_as
• Facebookfacebook.com/seyforsrbija
• LinkedInlinkedin.com/company/seyfor-as
• Instagraminstagram.com/seyfor_as

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about Seyfor