Manager Software aims to expand to Peru, Argentina by 2012

Thursday, July 28, 2011

Chilean IT company Manager Software plans to expand business to Peru and Argentina by 2012 as part of its blueprint for growth throughout Latin America, general manager María Victoria Puentes told BNamericas.

According to Puentes, Manager Software - part of compatriot human resources software provider PayRoll Group - is looking to expand business regionally.

"As soon as we reach the required international certifications, we will be in position to expand and follow PayRoll. Currently we aren't operating in other countries, but we will be," Puentes said.

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On Wednesday (Jul 27), Manager Software announced a partnership with PayRoll Group. Based on this new alliance, Manager Software expects to grow 25% over 2010, when its revenue reached 2bn pesos (US$4.4mn), the company said.

The strategy includes investing more than 15% of revenues in R&D to enhance the technological development of its software.

An enterprise resource planning (ERP) provider, Manager has a client base of 6,000.