TotalSoft, the producer of Charisma ERP, ranked first place among the Romanian ERP solutions providers, according to “ERP Romania 2010. Analysis and trends of the ERP software products and related services” press release, published on 30th of September by Pierre Audoin Consultants, the Market Research and Consultancy Company.
With a 19.6 M Euro turnover registered in 2009, out of which more than 13 M Euro resulting only from the provision of ERP (Enterprise Resource Planning) solutions on the Romanian market, TotalSoft became the main provider of B2B solutions on the local market, exceeding world leaders like SAP and Oracle.
“The economic crisis that began in late 2008 led TotalSoft to rethink its entire business strategy in order to adapt their internal processes and solutions to new economic conditions, focusing in particular on solutions able to reduce and control costs of its customers. With an unstable and less predictable business environment, TotalSoft focused on adding new solutions to the existent ERP product that would provide real time financial and non-financial information necessary for risk analysis. This strategy has propelled TotalSoft on the top of the ERP providers.” stated Eugen Schwab Chesaru, Managing Director, PAC Romania.
According to Pierre Audoin Consultants officials, following the austerity measures announced by the Romanian government in May, which resulted in a decrease of the investments in both complex and costly solutions, freezing and projects postponement, the ERP solutions market will register a new shrinkage in 2010, while in 2009 decreased by 16.4%. PAC estimates predict a market rebound in 2012, when the total value of the ERP solutions and related services segment will amount to 118.6 M EUR, slightly below the figure recorded in 2008.
Charisma ERP has a portfolio of over 400 domestic companies and 60 multinational groups, companies whose aggregate turnover exceeds 25% of Romania’s GDP. The product is implemented in 13 European countries and is the only Romanian B2B software implemented in the Western market. The product’s position in the top 10 global leasing solutions providers, according to KPMG, and as a leader in banking, retail, distribution, services or production activity fields, convert Charisma ERP into one of the most powerful regional ERP systems.
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OCT 2010