DATEV eG: Company Market Research Report

Company Overview

Name, Mission of the Company

Name: DATEV eG
Mission: "Zukunft gestalten. Gemeinsam." (Shaping the future together)

When Was the Company Founded and By Whom

Founded: 1966
Founders: No information is available

Key People in the Company

• Julia Bangerth: Stellv. Vorstandsvorsitzende, COO & CHRO

• Ralf Ohlhausen: Executive Advisor

• Kimon Zorbas: Hand-on Government and External Affairs & Lobbying Executive

• Felix Steinbach: Teamleiter bei DATEV eG I Modern Leadership I Change & Culture

Where is the Company Headquartered

Headquarters: Nuremberg, Germany

Number of Employees

Employees: Over 8,800

Revenue of the Company

Revenue: Over one billion euros annually

What is the Company Known For

DATEV eG is recognized as one of the largest software and IT service providers in Europe, offering more than 200 software products and IT services. It is well-known for its role in digitalizing and optimizing business processes for its members, customers, and clients, which include tax consultants, auditors, attorneys, and companies.

Products

What Products Do They Offer

• DATEV Analyse und Planung: A cloud solution for liquidity and financial planning.

• DATEV Meine Steuern: An application for collecting and processing tax-related information.

• Automatisierungsservice Bank: A service that automates bank bookings using artificial intelligence.

• Englischsprachige Auswertungen: English-language evaluations for the hospitality industry.

• E-Rechnung: Electronic invoicing solution as per European Norm EN16931.

High-Level Description of the Product

• DATEV Analyse und Planung: This cloud application allows users to create liquidity planning based on BWA values, saving significant time for firm decisions.

• DATEV Meine Steuern: Enables clients to provide tax-related information directly for income tax declarations efficiently and securely.

• Automatisierungsservice Bank: Enhances bank booking processes using AI to generate intelligent booking suggestions, thus improving bookkeeping quality.

• Englischsprachige Auswertungen: Provides critical financial insights in English to facilitate international business communication in the hospitality sector.

• E-Rechnung: A solution for generating and managing electronic invoices compliant with European standards, facilitating digital transaction processing.

Key Features of Each of the Products

• DATEV Analyse und Planung:

• Automatic integration of existing data

• Steigerungsfunktion for detailed financial planning

• Continual forecast updates with historical data insights

• DATEV Meine Steuern:

• Collection of various tax-related data via an intuitive interface

• Pre-filling of data from previous years

• Secure data exchange ensuring privacy and compliance

• Automatisierungsservice Bank:

• Learns from each transaction to improve accuracy continuously

• Eliminates the need for manual entry and maintenance of learning files

• Can automatically split transactions for more detailed bookkeeping

• Englischsprachige Auswertungen:

• Bilingual output options catering to global clients

• Easy setup in client database for parallel multilingual reporting

• Supports transparent and clear financial communication with international stakeholders

• E-Rechnung:

• Adheres to European Norms for e-invoicing

• Supports both XRechnung and ZUGFeRD formats

• Integrated into DATEV's existing invoicing software suite

Recent Developments

What Are the Recent Developments in the Company

1. New Product Launch:

• DATEV Analyse und Planung: Launched a new cloud-based financial planning application.

2. New Features Added to Existing Products:

• Automationsservice Bank: Enhanced with AI capabilities for improved bank bookkeeping.

• DATEV Meine Steuern: Introduced a new section for easier tax data collection and processing.

3. New Partnerships:

• Inclusion Network: Established a cross-company inclusion network named "Chancen Beruflicher Inklusion".

What are the New Products Launched

• DATEV Analyse und Planung: A comprehensive cloud tool for liquidity and financial planning based on BWA values.

• Automatisierungsservice Bank: A new automation service specializing in bank booking processes.

What are the New Features Added to Existing Products

• DATEV Analyse und Planung:

• Introduction of automatic integration with existing BWA plans for accurate financial forecasting.

• Automatisierungsservice Bank:

• Integration of AI to provide better and more accurate bookkeeping suggestions.

Any New Partnerships, etc.

• Inclusion Network: Established a network to foster professional inclusion opportunities.

This report is created based on the available data and is designed to provide a comprehensive analysis of DATEV eG's market position, product offerings, and recent developments.