French factoring business Compagnie Générale Group (CGA) completed an upgrade of its software to Aquarius, HPD Software’s platform.

CGA specialises in receivables and supply chain finance, and its products are aimed at microbusinesses, SMEs, and large corporates.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The factoring business has worked with HPD for 24 years, and completed its upgrade to version six in May. HPD has supported CGA by providing working capital and factoring solutions through its platform.

CGA’s parent, Societe Generale Group, expanded its use of Aquarius to its invoice finance business in March.

The French factoring business said the upgrade will support its growth, and aims to expand its business to new territories in an international push.

Jonathan Croft, chief information officer, CGA, said: “We felt the time had come for a major Aquarius upgrade, in order to help future proof our business for planned international growth and transformation.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Croft said the upgrade was live in France, and would be rolled out to other markets at a later date.

Kevin Day, chief executive officer at HPD Software, said: “CGA is one of our longest-standing clients, and we are delighted to be continuing to support the company on its planned expansion.”