TotalSoft Estimates 30% Sales Growth

Regional software and services provider TotalSoft estimates a 30% sales growth for 2007, compared to 2006, when the company posted 9 mln euros in turnover, according to data published by TotalSoft, quoted by Rompress. Also, for 2007, the company"s management intends to consolidate exports of software product Charisma, in order to become regional leader. In 2006 TotalSoft reported 9mln euros in turnover, obtained from both sales on the Romanian market and exports, Charisma representing approximately 50% of total revenues.

According to TotalSoft, the company has recently signed a contract with Chisinau-based pharmaceutical company Elantis Farm to implement Charisma application. The project will be finalized by March. TotalSoft has already implemented Charisma in five countries (Poland, Serbia, Bulgaria, Greece and Albania), and by signing this contract, Moldavia is added to the list.

The project will coordinate the company"s financial activities in each division. Another important element of the contract is the acquisition of the Warehouse Management module, which will simplify warehouse activities by automating all processes.

The Elantis Farm project marks the first implementation outside the country, in a firm that is active in pharmaceuticals distribution. Charisma Enterprise provides business applications for accounting and financial management, human resources, pharmacy management, pharmaceuticals distribution and healthcare.

Among TotalSoft"s clients on this market there are companies such as: GSK/Europharm, Mediplus, Fildas, Labor Med, Eli Lilly, Farmexim and A&G Med Trading.