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About

About Us


idu Software was established in 1998 to deliver financial value add products around ERP and financial systems. Our core product is idu-Concept which has been designed to streamline management interaction with financial systems. We have had particular success around our budgeting and reporting modules and they are seen as market leaders in South Africa.

idu has always grown organically and has historically been focused on the local South African market. In recent years we have started to look further a field for potential markets and opportunities. This growth has also been organic in nature however we have established a diversified distributor network from America to New Zealand.

From a product perspective our growth has likewise been organic with no acquisitions of third party products or integration into idu-Concept. We typically identify a requirement from within our client base and develop the added functionality in conjunction with the client to ensure that the client receives added functionality that meets their requirements and that the enhancement is generic enough to be a value add to the remainder of the client base. Where a development is not to be generally available then the development will be outside of the core application and distributed only to the client that has requested the enhancement. In both scenarios organic growth guarantees integration and consistency throughout the application.

idu qualifies as an SME organisation in terms of revenue and staff complement. As such we are required to comply with BEE legislation. In terms of that legislation we are considered a Qualifying Small Enterprise, or QSE. This means that we are required to produce a scorecard to establish our contribution to the BEE initiative. In terms of this scorecard we are allowed to evaluate ourselves against any four of the seven defined “pillars” of BEE. We have completed this scorecard and reviewed it with our auditors. We have attained a 95% rating and as such qualify as a level 2 Contributor.

As an SME organisation we are not legislated to comply with any quota type employment numbers. We have a strict principle of employing the best available candidates to fill vacancies and these candidates are not discriminated against on grounds of race or religion. The breakdown of our staff compliment, in accordance with race and sex requirements as set down by legislation as well as is impacted in terms of management positions held etc, allowed us to attain an 80% rating on the BEE scorecard for this section.

Customer comments

  Financial Accountant, New Clicks Holdings
The introduction of the idu-Concept system, comprising idu-Budgets and idu-MIS, to New Clicks Holdings this year has made our annual budgeting cycle a real pleasure.

We reduced our budget cycle from 5 to 6 months to 3 weeks, even our remote users are thrilled. Furthermore, the idu system is not simply a ‘once a year’ budget system. It also enables us to report back to cost centre managers the monthly actual vs. budget results as well as to forecast, on a monthly basis, expenses at a cost centre level. This has resulted in more effective cost control as well as significant savings in time and paper costs. In addition to all of these benefits, we enjoy first class support from the idu team.