“The Mic.ro contract was signed in June 2010. It was TotalSoft’s largest contract last year and was worth several million euros,” Dragan told ZF. “We competed against an international solution and a provider with very good references on the retail market.”
According to the company, this is the largest IT project in local retail industry in terms of the number of stores involved and implementation period. TotalSoft, one of the largest software developers on the Romanian market, is held by Greek investment fund Global Finance and posted EUR22.5 million in turnover and a gross profit of EUR3.5 million last year.
TotalSoft’s contract with Mic.ro includes software, hardware, maintenance and specialized technical assistance for the opening of stores. According to data provided by TotalSoft, the Mic.ro chain has over 650 fixed and over 100 mobile stores.
The IT solution delivered by TotalSoft for Dinu Patriciu’s company is based on the Charisma ERP integrated system, which runs the company’s processes and manages back office, sales, stocks, cash flow, financial activity, budgets, monitoring and sales analysis, as well as the actual activity in stores. So far the number of transactions conducted by the Mic.ro chain through Charisma exceeded EUR100 million, with the system being accessed daily by over 2,000 users, say TotalSoft representatives.
TotalSoft developed an iPad app for Patriciu and the chain’s management, on which they can see the sales of the 750 stores in real time.
In the first six months of 2011, the company posted EUR11.6 billion in revenue and estimates it will reach EUR25 million turnover this year, with 75% of the company’s revenues originating in projects on the Romanian market. The rest come from external projects, especially from the subsidiaries in Bulgaria, Greece, Serbia and Qatar.
(English version by Daniela Stoican; Editing by Loredana Fratila-Cristescu and Radu Bostan)