Company Profile

Profit Software is a leading provider of complete software solutions for the financial industry, with strong emphasis on insurance. Profit’s products are based on modern technology.

Strategy

Profit Software has established itself as a highly professional Northern European financial solution company with a strong Nordic and Baltic presence. Profit’s strategy for growth and internationalisation is centered on rapidly-deployable, highly flexible products that are based upon genuine life cycle thinking.

Profit Software's products have been deployed for more than 40 clients in 7 countries.

Scalability through partnerships

This product-based strategy enables quick business ramp-up of local integration partners. It also permits fast project implementation and effortless localisation.

Profit Software has long-term experience in working with local partners and subcontractors. Profit has build up a fully certified, smoothly functioning partner network, and this allows us to use third parties very flexibly both for software development and in customer delivery projects. This ensures that the best knowledge and practices are brought into projects and that cost structures are competitive at all times.


Key differentiations

Solutions for the financial industry are business-critical and require a long-term vendor commitment of 10 to 15 years. In its product-based strategy, Profit takes responsibility for continuous, proactive product development and the realization of new business opportunities, as driven by market needs, regulatory and legislative change.

Profit invests in attracting and retaining top-notch people who comprehensively understand the client’s business. Rather than  general IT people, Profit’s solutions are conceived and designed by insurance and banking experts. This makes a great difference in how solutions are developed, implemented and maintained.



Profit Software

  •  Headquartered in Helsinki, Finland
  • Offices in Finland, Sweden, Tallinn and Warsaw
  • Established in 1992
  • Employees 120
  • Privately held, owned 100% by management and employees
  • Turnover EUR 9.1 million (2007)
  • Net profit 8% of the turnover
  • Annual growth rate 8%