TotalSoft Strengths, Domain Expertise, and Key Differentiators
TotalSoft is one of the most important providers of business software systems (ERP, HCM, CRM, and BI, as well as integrated solutions specialized in major industries such as leasing, retail, medical services, agriculture, construction, services, and others) in Central Europe. Currently, TotalSoft has a team of over 500 specialists and projects in more than 40 countries on 4 continents.
Charisma ERP, an integrated information system for companies resource management, includes a financial Leasing software module, specially designed to increase the efficiency of the contract management and the financial leasing operations tracking. The solution covers the entire internal flow of the company, from preparing the contracts with potential customers to concluding the signed contracts, being compliant with any law or financing package, any reporting type or customer debts or IFRS regulations, any language, or business flow.
Furthermore, Charisma Leasing Management provides Basel 2 Reporting (light, Standardized, Advanced IRB approach) and SEPA readiness. Charisma Leasing Management is one of the most popular leasing solutions at the European level provided by TotalSoft and ranked by KPMG in the worldwide Top 10 most powerful leasing software solutions.
TotalSoft Recent Developments
In 2020, Totalsoft continued to invest in its established products - Charisma ERP, Charisma Financial Services, Charisma HCM, Charisma Medical Software - and made an effort to migrate these solutions to the web, using new architectures.
TotalSoft Mergers and Acquisitions (M&A) Activities
Acquisitions from the local market also contributed to the development of the company. Thus, in 2020, ABS Financial Services, part of TotalSoft, took over the business portfolio from Nexia CRG Expert, a member of Nexia International, the ninth largest global network of independent accounting and consulting firms. TotalSoft also invests in the development of a network of partners for the sale and implementation of its business solutions.
Logo Yazılım (LOGO), Turkey's largest independent software provider with a team of nearly 600 employees and 800 business partners, acquired TotalSoft as part of its strategy to expand globally and to obtain a competitive position on several specialized verticals, such as financial services, leasing, medical and agriculture.
TotalSoft and Architected Business Solutions (ABS), a group based in Bucharest, have completed the procedures for acquiring ABS and integrating into TotalSoft.
TotalSoft Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TotalSoft applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of TotalSoft and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Charisma ERP customers.
Ownership: - Black Sea Fund LP, Romania Growth Fund CV
Number of Employees: 500
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
TotalSoft Key Enterprise and Cloud Applications
TotalSoft Revenues, $M:
|Type/Year||2019||2020||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
TotalSoft Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
TotalSoft Enterprise Applications Revenues By Functional Markets, $M:
TotalSoft Enterprise Applications Revenues By Verticals, $M:
TotalSoft Revenues By Region, $M
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 Enterprise Applications Revenues, $M||2020 Cloud Applications Revenues, $M|
TotalSoft Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
TotalSoft Customers - Breakdown by Geo, Size, Vertical and Product
No. of TotalSoft Customers: 1500
No. of TotalSoft Enterprise Applications Customers: 1500
No. of TotalSoft Cloud Customers: x
No. of TotalSoft Cloud Subscribers: x
Charisma Leasing Management is used by more than 100 customers in the financial services sector including leasing, banking, insurance and brokerage corporations. Among its customers are: RCI Leasing, Deutsche Leasing, OTP Leasing, Mercedes Leasing, MedLife, Mediplus, Marmosim, Caroli Foods, Banca Transilvania, Arsis, Ana Pan, Agricost, Raiffeisen Leasing, BNP Paribas and others.
TotalSoft Market Opportunities, M&A and Geo Expansions
Throughout 2020, TotalSoft aimed to increase the level of employee autonomy, encourage initiative and increase the company's agility in the market. This was achieved by implementing a new working model – „a team of teams". This has a direct impact on customers, by improving their experience with TotalSoft products and services throughout the sales, implementation, post-implementation and development processes.
In the first part of 2019, the TotalSoft business registered a growth trend from several points of view. On the one hand, new projects and modules have been developed for existing customers, on the other hand, TotalSoft has completed its portfolio of clients with important names in education, oil & gas, tourism, construction, health, and services.
TotalSoft is the leader in the Romanian ERP Software Market.
TotalSoft Risks and Challenges
Software provider TotalSoft, part of Logo Yazılım, has appointed Yusuf Önder Eren as Chief Executive Officer (CEO) to drive the company’s international development, as well as its long-term growth, a press release informs. He is replacing Liviu Drăgan, who will continue to be part of the organization, a member of the board.
TotalSoft is a fully owned subsidiary of Logo, the largest independent software provider in Turkey.
TotalSoft Ecosystem, Partners, Resellers and SI
The company has partnership with leading tech companies such as: Microsoft, Oracle, IBM and Tableau.
TotalSoft Cloud Infrastructure Insights
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- TotalSoft Public Cloud and Infrastructure (IaaS)
- TotalSoft Platform (PaaS)
- TotalSoft Application Delivery
- TotalSoft Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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