What Ekon does

Ekon, operating today as Cegid Ekon XRP, is a cloud-based ERP platform aimed at mid-sized companies in Spain and Iberia. Originally founded in 1990 as a domestic Spanish ERP product, it accumulated more than three decades of sector-specific knowledge before being integrated into the Cegid group and rebranded under the Cegid Ekon XRP name in 2024. Its core offering combines finance, supply chain, CRM, project management, payroll and business analytics in a single platform, with vertical editions for industrial, distribution, healthcare, services and professional offices, and add-on modules spanning HR (HCM 360, Visualtime), payroll (Peoplenet, Ekon XRP Nómina), tax (Tax Ultimate), POS (Revo Xef, Revo Retail, Resta3, Hotel3), maintenance (Valuekeep, Gestiona3w) and SME tools (DiezFAC, DiezCON, ContaSimple, Billage).

The technical foundation is a cloud-delivered ERP with AI integration through Cegid Pulse, which provides a generative AI assistant, a financial agent that compares data, analyzes customer debt and calculates solvency ratios, automated accounting entry generation, predictive analytics, and natural-language email drafting. The platform is positioned for Spanish regulatory compliance, including VeriFactu verifiable invoicing, Ley Crea y Crece and Ley Antifraude, and integrates Cegid Vision for business intelligence. The architecture is platform-plus-modules, with the certified Cegid Partner Ecosystem (Conexión Partner Portal) handling much of the implementation, customization and ongoing support.

Ekon makes money primarily through subscription-based SaaS licensing of the Ekon XRP platform and its modular add-ons, sold on annual billing cycles via direct enterprise sales and a certified partner channel, with pricing quoted on a per-customer basis. Its target customer is the Spanish mid-sized company (mediana empresa), with thousands of customers distributed across industrial, distribution, healthcare, services and professional services verticals. As a wholly-owned subsidiary of Cegid, a French enterprise software group, Ekon serves as the group's mid-market Iberian ERP product line alongside the broader Cegid portfolio.

Name

Ekon

Legal name

Cegid

Website

https://ekon.es

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Ekon (Cegid Ekon XRP) is a cloud-based ERP platform for mid-sized companies in Spain and Iberia, offering AI-integrated finance, supply chain, payroll, HR and analytics modules through direct sales and a certified partner channel, now operating as a product line within the French Cegid group.

Ownership category

akta.pro rank

Product category

Enterprise Resource Planning (ERP) Software

NAICS

Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Content Management (ECM) Suites (HDAEAGAB)

akta.pro secondary industries

Data Engineering, Integration & ETL/ELT Services (BPAEAHAB), Batch ETL/ELT Platforms (HDAEACAA)

Keywords

• Cloud ERP software
• Enterprise resource planning
• Business management software
• Accounting automation
• Payroll software

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ERP Software Subscription: SaaS/cloud-based ERP solution for mid-sized companies with subscription pricing model. The Cegid Cloud platform provides continuous updates and cloud infrastructure as part of the service.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Ekon (rebranded as Cegid Ekon XRP) is a cloud-based ERP platform with AI integration (Cegid Pulse) designed for medium-sized Spanish companies. It delivers integrated management of finance, accounting, supply chain, CRM, payroll, tax, projects, and business intelligence, with sector-specific editions for industrial, distribution, healthcare, services, and professional offices. The platform is sold on a subscription basis, complemented by an ecosystem of specialized modules and a partner network for implementation and support.

Product overview

Ekon, now part of Cegid, offers a platform-plus-modules architecture built around Cegid Ekon XRP as the core AI-powered ERP for mid-sized companies. The platform includes specialized editions for industry (Cegid Ekon XRP Industria), distribution (Cegid Ekon XRP Distribución), healthcare (Cegid Ekon XRP Health), and services (Cegid Ekon XRP Servicios), alongside HR solutions (Cegid HCM 360, Cegid Peoplenet, Cegid Visualtime), payroll automation (Cegid Ekon XRP Nómina, Cegid DiezNOM, Cegid Peoplenet), and tax management (Cegid Tax Ultimate). The portfolio extends to professional services (Cegid Despachos), retail/hospitality POS (Cegid Revo Xef, Cegid Revo Retail, Cegid Resta3, Cegid Hotel3), maintenance management (Cegid Valuekeep, Cegid Gestiona3w), and SME-focused solutions (Cegid DiezFAC, Cegid DiezCON, Cegid ContaSimple, Cegid Billage). Key differentiators include AI integration through Cegid Pulse, business intelligence via Cegid Vision, and VeriFactu compliance readiness.

Differentiator

Problem solved

Functional benefit

Brands

• Cegid Pulse: AI-powered intelligent assistant integrated into Cegid Ekon XRP ERP, providing financial agent capabilities, process automation, and decision support.
• Cegid Vision
• Cegid XRP Industria
• Cegid XRP Distribución
• Cegid XRP Health
• Cegid XRP Servicios
• Cegid XRP Nómina

Products and services

• Cegid Ekon XRP AI-powered ERP platform for mid-sized companies with over 30 years of market presence in Spain. Combines sector-specific knowledge with advanced AI technology to provide agile, intelligent management across finance, supply chain, CRM, and business analytics.
• Cegid Ekon XRP Nómina Payroll automation solution for mid-sized companies, part of the Cegid Ekon XRP ecosystem. Automates payroll management, simplifies administrative processes, and increases efficiency in time management.
• Cegid Ekon XRP Distribución Intelligent management solution for distribution and logistics companies. Optimizes supply chain through AI, reduces operational costs through process automation, and improves delivery punctuality.
• Cegid Ekon XRP Industria Industrial ERP with AI integration for optimizing manufacturing processes, improving costs and efficiency. Designed to help industrial companies differentiate and adapt processes to their needs easily.
• Cegid Ekon XRP Health Intelligent HIS (Hospital Information System) for medical and healthcare management. Automates processes for integral patient-centered management with real-time global visibility.
• Cegid Ekon XRP Servicios Project-based management solution for service companies. Optimizes planning, resource control, and deadline tracking while providing complete visibility into the project lifecycle.
• Cegid Pulse AI-powered intelligent assistant integrated into Cegid Ekon XRP. Provides generative text-based recommendations, automates processes, alerts users to problems, proposes actions, and includes a Financial Agent for analysis, comparisons, customer debt review, and solvency ratios.
• Cegid Vision Business intelligence and analytics platform integrated with Cegid Ekon XRP. Provides customizable dashboards, pre-established management panels, and personalized report design for data-driven decision making.
• Cegid Despachos 360-degree solution for managing and boosting professional firms and advisory practices. Part of a global ecosystem of tools and services to increase productivity, including client portals, billing tools, and advisory services.
• Cegid HCM 360 Complete HR management solution covering all human resources processes. Includes talent management, time management, and payroll automation.
• Cegid Tax Ultimate Tax control and optimization solution for mid-sized, large, and international companies.
• Cegid Peoplenet Payroll automation for large enterprises and public administration. Handles complex payroll scenarios at scale.
• Cegid Visualtime Time and productivity management solution including time tracking, vacation management, and shift scheduling.
• Cegid Valuekeep Online and intelligent software for managing and maintaining equipment and assets.
• Cegid Sigrid ERP ERP for global management of construction companies.
• Cegid Menfis Solution for measurements, budgets, and certifications in construction.
• Cegid Gestiona3w Mobile solution for managing preventive and corrective maintenance work orders.
• Cegid Yet Electronic invoicing solution that manages all electronic invoices in any format. Works with any client, supplier, or administration.
• Cegid Billage Online invoicing tool with CRM and project management for service companies.
• Cegid DiezFAC Invoicing and commercial management for small businesses.
• Cegid DiezCON Complete accounting and tax solution for SMEs.
• Cegid DiezNOM Payroll management for advisory firms and small businesses.
• Cegid ContaSimple Online invoicing, accounting, and tax management for small businesses and freelancers.
• Cegid Revo Xef Point of sale software for restaurant management on iOS.
• Cegid Revo Retail Point of sale software for retail store management on iOS.
• Cegid Hotel3 Hotel management software (PMS) for hotel operations.
• Cegid Resta3 Point of sale software for restaurant management.
• Cegid Terven3 Point of sale terminal software for retail commerce management.
• Cegid Contasi Online management of invoicing, accounting, and taxes.

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

One partnership is on record.

• Cegid Partner EcosystemcoreChannel Partner/ Reseller/ DistributorCegid operates a comprehensive partner ecosystem consisting of certified partners who resell, implement, and support the Ekon XRP ERP solution. Partners have access to the Conexión Partner Portal and can be found through the Cegid partner directory. The program enables partners to deliver implementation services, customization, and ongoing support to mid-sized company customers.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Oracle NetSuite: NetSuite is the leading global cloud ERP targeted at mid-sized companies, offering financials, supply chain, CRM and BI — directly comparable to Cegid Ekon XRP's mid-market cloud ERP positioning and subscription pricing model.
• Microsoft Dynamics 365 Business Central: Microsoft's cloud ERP for SMEs and mid-market companies, combining financials, supply chain, and operations with native Microsoft 365 integration and Copilot AI — competes head-to-head with Ekon in the Spanish mid-market.
• Sage: Global accounting and ERP vendor with deep presence in Spain (Sage Despachos, Sage 50, Sage 200) targeting the same professional offices, asesorías, and mid-sized companies that Ekon serves, with comparable pricing and partner-led distribution.
• SAP Business One: SAP's mid-market cloud ERP for small and medium-sized businesses, providing financials, sales, purchasing and inventory — competing directly with Cegid Ekon XRP for Spanish mid-market ERP deals.
• Odoo: Open-source modular ERP suite covering accounting, sales, inventory, manufacturing and HR, increasingly adopted by European SMBs and mid-market firms as an alternative to traditional ERPs like Ekon.
• A3 Software (Wolters Kluwer): A3 Software is a leading Spanish accounting, payroll and ERP vendor for asesorías and SMEs, now part of Wolters Kluwer — directly comparable to Ekon's Despachos, payroll and SME product lines in Spain.

Emerging players

• Holded: Spanish-born cloud business management platform for SMBs and freelancers covering invoicing, accounting, CRM and ERP — a lower-end Spanish competitor eating into Ekon's smaller mid-market accounts.
• Acumatica: Cloud-native mid-market ERP with financial, distribution, manufacturing and project management modules — competes with Ekon for cloud-first mid-market ERP deals, with growing presence in Europe.

Regional players

• Exact Software: Dutch-headquartered cloud business software for SMBs and mid-market, offering ERP, accounting and HR — comparable mid-market cloud ERP model with similar partner-led GTM, though primarily Benelux and Northern Europe focused.

Broad incumbents

• Visma: Large Northern European software group offering accounting, ERP, payroll and HR solutions to SMBs and mid-market across multiple verticals — broader portfolio play with overlapping capabilities to Cegid's Iberian footprint.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ekon_cloud

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries18 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Ekon