SAP SE (NYSE: SAP) today unveiled groundbreaking AI innovations across a technology foundation that drives 87% of global commerce, putting its generative AI copilot Joule at the center of a new way of doing business. At its annual SAP TechEd conference, SAP announced powerful new capabilities that complement and extend Joule, including collaborative AI agents imbued with custom skills to […]

TotalSoft, one of the largest providers of digital business solutions in Central and Eastern Europe, announces a 19% increase in its turnover for Q1/2024 versus Q1/2023, to EUR 8.9 million. The company also set a conservative target of 11% increase in its turnover in 2024 compared to the previous year, in line with the average market growth estimated for this […]

The mandatory adoption of e-invoicing starting in January 2024 has generated unprecedented turmoil in Romania. The business environment was not prepared for this moment, according to the majority of surveys conducted last year. Even though e-invoicing had the advantage of two stages already rolled out (B2G transactions and transactions involving products with high fiscal risk were the first stages of […]

System Innovation Romania, the leading SAP Business One partner in the local market, exceeded the threshold of 2.6 million euros in revenue in 2023, achieving an annual growth rate of 21.5%. Revenue was predominantly generated from consultancy and implementation services for the SAP ERP system, complemented by Business Intelligence and automation. Projects alternated between new SAP Business One implementations and […]

The company “HVAC Ventilation Systems” Constanta, a major player in the design, execution and maintenance of HVAC installations and power infrastructure, adopts state-of-the-art software solutions to optimize processes and strengthen project control, in partnership with TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, and Infinity Business Center, a provider of integrated project management […]

Softeh Plus, a Romanian company with over 30 years of experience in the software ERP industry, announces the full acquisition by Symfonia. Symfonia is a market leader in ERP and HCM software solutions for small and medium-sized companies in Poland and is backed by the two leading technology investors: Accel-KKR from Sillicon Valley, as well as MidEuropa from Central Europe. […]

Tax changes proposed by officials for micro-enterprises will affect small businesses in particular, and the lack of predictability of the Tax Code could push investors to other markets, warn representatives of NextUp Solutions, one of the largest companies of software solutions for business, which implements tax changes, with over 5,500 companies in the client portfolio. “Tax changes are once again […]

NextUp Solutions, one of the largest business software solutions companies, recorded a turnover of 7 million lei in the first half of 2023, a record growth of 100% compared to the same period last year. Over 100 new clients have been added to the portfolio of Romanian companies using NextUp’s services, bringing the total number of active clients to approximately […]

, one of the leading providers of business information systems in Central and Eastern Europe, has recorded significant sales growth in the first quarter of 2023, following a 26% annual growth in 2022. Compared to the same period last year, organic revenue in the first quarter increased by approx. 23%, driven mainly by the key solutions in the portfolio, namely […]

NextUp Solutions, one of the largest business software solutions companies, recorded a 50% increase in turnover in 2022 compared to the previous year, above the company’s estimates, in the first year after a rebranding process. The increase in demand for ERP and payroll software solutions, the launch of new solutions including SAF-T, e-Invoice, RO e-Transport and automation of repetitive business […]

15,127 companies classified as „medium taxpayers” must submit the D406 statement in SAF-T format starting in January 2023. The authorities have updated the list of these companies at the end of the year and according to the new data, the obligation to submit SAF-T will be moved to 2025 for approximately 3,000 companies. The news published does not concern the […]

RO e-Factura, the national electronic invoicing system, which is mandatory for B2B companies from 1st July, does not bring visible benefits for the business environment, the positive economic effects being visible in time and only if the new system will be applied in all areas of activity, according to NextUp, a software solutions company, which has implemented a solution for […]