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Cegid PHC

“Can a long-standing Portuguese SMB ERP, now inside Cegid, become the embedded-finance hub for Iberian mid-market accounting?”

Founded1989
HQPorto Salvo, Portugal
Latest roundAcquired by Cegid (February 2025)
IndustryVertical SaaS / ERP & Accounting (SMB, Portugal)
Websitephcsoftware.com ↗
The story

Founded in 1989 as a Portuguese ERP/accounting software vendor, PHC Software grew into a mid-market ERP player across Portugal, Angola and Mozambique. In February 2025 it was acquired by French cloud ERP leader Cegid and rebranded as Cegid PHC, slotting into Cegid's broader European strategy of layering embedded finance (banking via the Shine acquisition, payments, invoice financing) on top of its accounting backbone. Cegid PHC itself remains an ERP/HCM product; embedded finance features surface mainly as bank connectivity, e-invoicing (Cegid Yet), and payment-gateway integrations rather than as its own regulated financial products.

Last 12 months
2025-02
In the February 2025 recap →
Product timeline
1989
PHC Software founded in Portugal as a business management software publisher.· founding
2014
PHC adds PayPal payment support in PHC Digital CS e-Commerce module.· payments
2018
Launches PHC CS RGPD module to help customers comply with GDPR.· compliance
2025
Acquired by Cegid; rebranded as Cegid PHC and integrated into Cegid's global cloud ERP/HCM portfolio.· acquisition
2025
Launches Cegid PHC GenAI module (Cris assistant) powered by Azure OpenAI.· ai
The stack
1 layer disclosed in Cegid PHC’s embedded-finance stack
Payments / PSP
PayPal
Payments / PSP
Hover or tap a floor for details.
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Accounting gap: none

Cegid PHC — frequently asked

Who is Cegid PHC's payment processor?

Cegid PHC processes payments through PayPal.

Where is Cegid PHC headquartered?

Cegid PHC is founded in 1989 and headquartered in Porto Salvo, Portugal.

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