Eurodata

What Eurodata does

Eurodata AG is a privately-held German SaaS company founded in 1965 and headquartered in Saarbrücken, where it operates an ISO 27001- and ISO 22301-certified data center. It provides cloud-based software solutions for HR, payroll (edlohn), time tracking and workforce scheduling (edtime, edtime PLUS, edtas), employee self-service (eMitarbeiter), financial accounting (edrewe), and document archiving (edarchiv, edcloud), serving an installed base of more than 80,000 customers primarily in German-speaking markets but also across Austria, France, Finland, and the Netherlands through wholly-owned subsidiaries (eurodata GmbH Vienna, eurodata SAS Paris, compacer Finland Oy Helsinki, compacer NL). Vertical-specialized offerings include edoil for mineral oil trade and gas station billing and edrms for retail branch network management, complemented by a 'Smart Services' layer (edpem continuous monitoring, edbic data integration platform, Threat Intelligence via INFOSERVE GmbH, and Business Intelligence via eurodata comesio GmbH).

Revenue is generated through annual subscription-based SaaS contracts sold via a direct sales motion, supplemented by channel partnerships — most notably the strategic relationship with ETL Group for outsourced payroll processing via ETL PKC — and multi-channel marketing (corporate website, LinkedIn, Facebook, YouTube, Instagram, Xing, newsletters). Pricing is quote-based and not publicly disclosed, consistent with enterprise and SME SaaS norms in the DACH market. The company employs more than 800 people across Germany and Europe and is led by an interim Chair of the Management Board (Markus Reithwiesner) alongside Oliver Herzig, Ralf Hensel, and Axel Otto, with Stefan Rosenbauer chairing the Supervisory Board; no parent company, private equity, or venture capital ownership is evidenced.

The business model is characterized by recurring subscription revenue, a long-tail fragmented customer base, and integrated suite economics that create switching costs around payroll cycles and employee records. Its strategic positioning is anchored in 'Cloud Services Made in Germany' — combining German data residency, GDPR compliance, ISO certifications, and 60+ years of brand trust — to compete in regulated HR/payroll and tax advisor workflows where data sovereignty is a procurement prerequisite.

Name

Eurodata

Legal name

eurodata AG

Website

https://eurodata.de

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

251–500 employees

Short description

Eurodata AG is a German cloud SaaS provider founded in 1965, serving 80,000+ tax advisors, SMEs, and gas station/retail networks across five European countries with integrated HR, payroll, time tracking, accounting, and vertical-specific solutions from a certified Saarbrücken data center.

Ownership category

akta.pro rank

Product category

Cloud-based HR and Payroll Software

NAICS

Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

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

akta.pro primary industry

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

akta.pro secondary industry

Tax Services (Withholding, Reclaims, FATCA/CRS) (FSAAAOAM)

Keywords

• Cloud-based payroll software
• HR management solutions
• Time tracking software
• Tax advisor software
• Financial accounting software

Headquarters

HQ city

Saarbrücken

HQ country

Germany

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription Services: Recurring subscription revenue from cloud-based software solutions for payroll, time tracking, HR management, and business analytics. Customers access solutions via dedicated portals with secure data storage in certified German data centers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Eurodata provides cloud-based SaaS solutions for payroll, HR, time tracking, financial accounting, and document management, sold to tax advisors, SMEs, and gas station/trade networks. Its portfolio also includes Smart Services for continuous monitoring, data integration, business intelligence, and IT security, all delivered from a German ISO-certified data center.

Product overview

Eurodata is a cloud-based Software-as-a-Service provider offering an integrated suite of solutions for tax advisors, businesses, and retail networks. The portfolio centers on core products for payroll (edlohn), time tracking (edtime), employee self-service (eMitarbeiter), financial accounting (edrewe), and document management (edcloud, edarchiv). Specialized offerings include edoil for petroleum/gas station billing, edrms for retail branch management, and Smart Services (edpem, edbic, Threat Intelligence, Business Intelligence) for data integration, monitoring, and analytics. Products operate from a certified German data center in Saarbrücken.

Differentiator

Problem solved

Functional benefit

Brands

• edcloud: Communication and integration portal between tax advisors, business owners, and employees - GDPR-compliant document exchange and data storage
• edlohn
• eMitarbeiter
• edtime
• edrewe
• edarchiv
• edoil
• edtas
• edpem
• edbic
• edrms

Products and services

• edcloud Client communication and document exchange portal enabling secure, GDPR-compliant messaging and structured data storage between tax advisors, entrepreneurs, and employees.
• edlohn Payroll and salary accounting solution for tax advisors and companies, with automated salary document delivery and integration into the eMitarbeiter employee portal.
• edtime (and edtime PLUS) Digital time tracking application with integrated vacation workflow and labor-law compliance; the edtime PLUS upgrade adds workforce scheduling capabilities.
• eMitarbeiter Employee self-service portal providing digital access to salary documents and certificates generated by edlohn, enabling paperless workflows and automated document delivery.
• edrewe Financial and accounting software providing finance and accounting services for businesses and tax advisory practices.
• edoil Specialized billing and settlement system for the mineral oil trade and gas station operations, addressing petroleum-retailer accounting requirements.
• edarchiv Online archiving solution for point-of-sale and company data, enabling compliant long-term storage of cash register and business documents.
• edtas Time and attendance system supporting time tracking and scheduling functions, accessed through a dedicated customer login portal.
• edrms Retail management system for managing individual locations up to complex branch networks in the retail sector.
• edpem (Continuous Monitoring) Continuous monitoring solution delivered as part of the Smart Services portfolio, enabling automated monitoring of business processes.
• edbic (Data Integration Platform) Data integration platform enabling digitalization and integration of business data as part of Smart Services for Industry 4.0 concepts.
• Threat Intelligence Security intelligence service delivered through INFOSERVE GmbH as part of the Smart Services portfolio, providing IT security monitoring.
• Business Intelligence (comesio) Business intelligence solution offered through eurodata comesio GmbH for data analysis and decision support.

Quantifiable outcome

• More than 80,000 customers trust eurodata's secure cloud solutions

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered subsidiary and strategic.

• INFOSERVE GmbHsubsidiaryTechnology or IntegrationSubsidiary within eurodata group providing IT security services including Threat Intelligence solutions
• compacer GmbHsubsidiaryTechnology or IntegrationSubsidiary providing Smart Services including Continuous Monitoring (edpem) and Data Integration Platform (edbic)
• eurodata ProPep GmbHsubsidiaryTechnology or IntegrationSubsidiary company within the eurodata group structure
• eurodata comesio GmbHsubsidiaryTechnology or IntegrationSubsidiary company providing business intelligence solutions (comesio.com/web/)
• eurodata GmbH (Austria)subsidiaryChannel Partner/ Reseller/ DistributorAustrian subsidiary serving the Austrian market from Vienna
• eurodata SAS (France)subsidiaryChannel Partner/ Reseller/ DistributorFrench subsidiary serving the French market with retail solutions
• compacer Finland OysubsidiaryChannel Partner/ Reseller/ DistributorFinnish subsidiary serving the Nordic market
• compacer NLsubsidiaryChannel Partner/ Reseller/ DistributorDutch subsidiary serving the Netherlands market
• ETL GroupstrategicStrategic or Co-development PartnerETL-Kanzlei (ETL tax advisor network) partnership for payroll processing with ETL PKC (Personal Competence Center) and electronic ordering system in Virtueller Mitarbeiter cockpit

Scale indicators2 records

Expansion highlights5 records

Broad incumbents

• Workday: Workday is a global cloud platform for HR, payroll, and finance — a broad incumbent increasingly localizing for the European market and competing with Eurodata for enterprise HR/payroll deals.
• ADP: ADP is a global payroll and HR services giant with operations across Europe — a broad incumbent whose payroll offerings compete with Eurodata for larger mid-market accounts.

Direct peers

• Agenda Software: Agenda is a German SMB-focused business software suite covering payroll, accounting, and ERP — directly competing with Eurodata's edlohn/edrewe stack for German SMEs and tax advisors.
• BMD Systemhaus: BMD is an Austrian provider of payroll, accounting, and ERP software — directly comparable to Eurodata's DACH-anchored payroll/accounting suite and overlapping with Eurodata's Austrian subsidiary footprint.
• sevDesk: sevDesk is a German cloud accounting and payroll SaaS provider targeting freelancers and SMEs — directly competing with Eurodata's edrewe and edlohn for entry-level customers.
• DATEV: DATEV is the dominant German cooperative software provider for tax advisors, payroll, and accounting — directly overlapping with Eurodata's core edlohn and edrewe offerings and serving the same Steuerberater channel.
• Personio: Personio is a Munich-based HR and payroll SaaS platform targeting European SMEs — directly competing with Eurodata's edlohn/edtime suite for mid-market payroll customers in DACH.
• Haufe-Lexware: Lexware, part of Haufe Group, is a leading German SMB accounting and payroll software suite — competing head-on with edrewe and edlohn for German SMEs and self-employed professionals.
• Sage Group: Sage provides payroll, HR, and accounting SaaS for SMEs globally, including DACH — competing with Eurodata's payroll and time tracking offerings in the same customer segments.

Regional players

• Infoniqa: Infoniqa (now part of Wolters Kluwer) provides payroll and HR SaaS for the DACH market — a regional competitor with overlapping payroll offerings for SMEs and tax advisors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/eurodataITSolutions
• Facebookfacebook.com/eurodata.de
• LinkedInde.linkedin.com/company/eurodata-ag
• Instagraminstagram.com/eurodata_oneteam
• Xx.com/eurodata_de

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 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 Eurodata