Wizrom Software posts USD 9 mln turnover

Wizrom Software posted a turnover of USD 9 million in 2009, which includes revenues from Wizrom Software, WizSalary Software and its external branches. It also signed up 150 new clients. “In 2010 we expect to maintain our turnover at the same level and will continue to focus on promoting solutions for business process optimization which I believe will continue their upward trend,” said managing director Zemy Apfelbaum. The bulk of the revenues in 2009 came from the sale of licenses and services for the financial-accounting solution WizCount and WizPro ERP (Enterprise Resource Planning).

Logistic solutions like SFA (Sales Force Automation) and WMS (Warehouse Management System) posted the highest increase in 2009, 20 percent on a comparative base from 2008, amounting to in excess of USD 1.5 million. “This is part of companies’ general trend of focusing on business process optimization solutions that should translate as soon as possible into a significant reduction in operational costs,” said Apfelbaum. The Business Intelligence solution Panorama maintained the same level as in 2009, at USD 700,000. WizSalary, a solution for pay-roll administration, personnel management and human resources, covers over half a million clients, meaning WizSalary administers payments to 20 percent of private sector employees and is used by 1,550 firms.

Otilia Haraga