SENEF has just raised 6.5 million euros to accelerate the development of its web and mobile solutions for service companies.

This operation, carried out with Isatis Capital, will enable us to increase our international presence and diversify our offering into related sectors.

It's a big step forward for our company, and we're excited that this investment will enable us to take on new challenges.

"After several years of design and implementation with key companies in our target sectors, this fund-raising marks a turning point in our growth. It paves the way for a major acceleration in our development, particularly internationally, and in new business verticals such as security & guarding and micro-nurseries.
A new page in the life of SENEF is about to be written, and all the company's forces are mobilized around this project, while ensuring the continuity of a solid customer relationship and the values that drive us."

says Momar Mbaye, President of SENEF.

We can't wait to see what the future holds, and we're grateful to everyone who has supported us in this adventure.

"We're delighted to be able to support SENEF in its next phase of growth. Since 2011, the company has been able to develop products tailored to the needs of the players it addresses, building up a diversified customer portfolio that includes many major accounts. This transaction is perfectly in line with Isatis Capital's commitment to supporting ambitious French SMEs with strong growth potential."

says Lucas Cornette, Investment Director, Isatis Capital.

SENEF specializes in publishing and marketing ERP (Enterprise Resources Planning) solutions. Founded in 2011 by Momar Mbaye and Tariq Hamadouch, the company built its success on its Progisap Saas software dedicated to the personal services and senior residences sector, and then diversified into the buoyant multi-service cleaning markets with its Progiclean Saas solution.

Today, the company offers a complete range of web and mobile solutions to meet all the needs of players operating in these segments. SENEF has developed a close relationship with its customers, enabling it to equip both small businesses and large groups. Today, the company has over 1,300 customers in some ten countries.

SENEF is now looking to accelerate its organic development, drawing on its expertise in the sectors it addresses and the quality of its software solutions to activate several growth levers already identified, such as strengthening its teams, international expansion and diversification of its offering into related sectors.

Since its creation, Senef's ambition has always been to be an IT company with a positive impact, whether through its resources or its solutions.

Our employees, customers and beneficiaries of our services illustrate our determination to make the company part of a virtuous process that promotes meaning, diversity and progress for the benefit of all.

• Our social policy places people, parity and diversity at the heart of our commitments.

• Our solutions have always been designed to facilitate the day-to-day work and organization of front-line professions such as home help, day-care centers, cleaning and security staff, etc. In particular, we provide them with certified solutions to ensure the scalability and compliance of their activities, such as healthcare data security (Ségur du Numérique en santé certification).

• Finally, our approach aims to support services for fragile populations or those requiring specific support: early childhood, the elderly, the disabled, etc.

So, both internally and externally, "Tech for good" is not an empty word, and the spirit of "care*" is literally part of the company's DNA.

We are convinced that digitalization can be used for the common good, because it has the power to transform, not just to increase profitability, but also to enlighten consciences and develop solidarity.

*care for others

Our customers are starting to wonder about the obligation to dematerialize invoices in 2024 and are asking us on the subject.

• What is a paperless invoice?
• Who is affected?
• What is the timeline for implementation?
• How do I set up e-invoicing?
• How does the government communicate?
• How will SENEF and its solutions support you?

These are all questions that Nicolas FAUVEL, SENEF Product Manager, sheds light on.

Here is a summary of the information related to this obligation and the actions we will implement within our solutions.

What is a paperless invoice?

In accordance with the new Article 289 bis of the General Tax Code, an electronic invoice is an invoice issued, transmitted and received in a dematerialized form and which necessarily includes a minimum base of data in structured form, which differentiates it from "paper" invoices or ordinary PDFs.

In other words, the electronic invoice contains, in its structure and in a particular format, the information that characterizes it.

These invoices will only be valid if the authenticity of their origin (identified issuer), the integrity of their content (non-modifiable) and their legibility are guaranteed.

Who is affected by the obligation to dematerialize invoices?

This obligation only applies to the inter-company invoice, i.e. B2B, and not to the invoicing of a company to a particular customer, i.e. B2C.

What is the timeline for implementation?

Upon receipt, all companies subject to VAT will have to offer this service by^{1 July} 2024.

In the issuing sector, the schedule is broken down according to the size of the companies:

• Company with more than 5000 employees >> July 2024
• Company with 250 to 4999 employees >> January 2025
• Company with fewer than 249 employees >> January 2026

How do I set up e-invoicing?

Companies will then have 2 options to implement electronic invoicing:

• Use a dematerialization platform known as a "partner" of the administration
• Use the public invoicing portal, which will be based on the Chorus Pro platform (which has already been providing the dematerialized exchange of invoices for transactions with the public sector since 2017)

How does the government communicate?

The Ministry of the Economy and Finance estimates that the lever for simplifying and accelerating the digital transition of companies, the generalization of electronic invoicing, represents, particularly for small and medium-sized enterprises, a gain of more than €4.5 billion per year (see preliminary assessment PLFR 2022).

"This reform brings great progress for companies:

• Strengthening their competitiveness thanks to the reduction of the administrative burden and the productivity gains resulting from dematerialisation,
• Simplification, in the long term, of their VAT reporting obligations thanks to the pre-filling of declarations,
• Improvement of the fight against fraud, for the benefit of economic operators in good faith and fair competition,
• Improved real-time knowledge of business activity. »

Source: https://www.economie.gouv.fr/generalisation-facturation-electronique-calendrier-reforme

How will SENEF and its solutions support you?

For our part, we are already connected to CHORUS PRO and so we will mainly use this platform for the dematerialization of invoices.

However, we do not exclude other potential interfaces at the request of customers, but which will have to be analysed and studied before any development.

CHORUS PRO will offer an experimental phase from 3 January 2024 in order to be able to carry out initial connection tests and we will be sure to keep you informed until then.

The SENEF teams of your PORGISAP – PROGICLEAN – SEENET solutions are at your disposal to answer all your questions and support you in this process.

________

Nicolas Fauvel
Product Manager
SENEF – PROGICLEAN

SENEF and all its Progiclean, Progisap, Progisap RSS and Seenet solutions join the TOP100 by SILAE Program

The natural fit between SENEF and SILAE, and the partnership they have enjoyed for over 10 years, have been strengthened by the signing of this partnership agreement.

Our collaboration provides SMEs and SMBs in the services sector (Personal Services, Senior Residences, Cleaning & Multiservices, Security-Guardianship, Hospitality) with a global offer linking the organization of their business and their entire HRIS. This is notably the case for the automatic generation of pay slips directly from the activity planning managed by SENEF solutions (Progiclean, Progisap, Seenet).

Automation has been made possible by the use of APIs between our solutions, enabling our customers to avoid double entry and benefit from perfect coordination between their planning work and their benefits and HR management:

• Sending schedules directly from Progiclan to Silae
• Transmission of variable elements directly to Silae
• Automatic generation of DSNs
• Legal and collective bargaining watch

Our partnership enables them to gain in productivity and security in the HR and social management of their business.

"We're joining the Top 100 program to support SMEs and mid-sized companies in the service sector in their HR and social management activities. Digital transformation has become a major challenge for these companies, and we'd like to put our web expertise at their disposal to help them make the most of this digital shift". explains Momar Mbaye, director of SENEF.

We've been partners since 2011, so joining forces with Silae, France's leading software company, to achieve our objectives was a logical step in our strategic thinking.

The strength of our pooled solutions is a real opportunity for the service sectors (Personal Services, Seniors' Residences, Cleaning & Multiservices, Security & Guarding, Hospitality) and a major time-saver for our customers on a daily basis. What's more, we share a common desire to go international, and our synergies will be a major asset in rapidly conquering market share abroad."

This partnership is also an opportunity for our two companies to create a global offering in line with our shared ambition to win international market share.

The integration of the TOP100 certified Partner SILAE program is part of a strategy of partnership with strategic players in digital solutions such as YOUSIGN and CHORUS PRO.

SILAE is France's benchmark software package for all corporate social functions: payroll and HRIS.