Acepta expects revenue to grow 43% in 2011, plans regional expansion

- Thursday, July 21, 2011

Acepta expects revenue to grow 43% in 2011, plans regional expansion

Chilean digital solutions provider Acepta expects revenue to grow 43% in 2011 and plans to expand its business within the region, company general manager Gonzalo Au told BNamericas.

Peru, Colombia and Mexico are among the countries that the company is looking at, the executive said, without providing further details.

"I can't give away much detail, but we're planning to expand. And in the next couple of months, we will be making announcements about changes ranging from our website and infrastructure to expansion of the business," Au said.

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Currently, the company processes 5.5mn documents a month and for 2012 expects to "quadruple" this number.

Acepta has three business lines - electronic invoicing for tax documentation, electronic signature certificates and electronic fingerprint signature, delivered to companies to sign contracts, agreements or any electronic document.

Currently, 29,722 companies use electronic billing services in Chile, with 79% relying on local tax office SII and 21% on private services. A total of 108mn electronic bills were processed last year, in comparison to 165mn bills in paper.

Founded in 2000, Acepta provides solutions and services related to electronic billing, biometrics and document management. The firm has 100 employees and posted sales of 1.7bn pesos (US$3.5mn) last year.