A.T. Kearney opens new office in Bogota, Colombia

18 October 2013 Consultancy.lat

In light of their expanding clientele in Latin America, management consultancy A.T. Kearney has opened an office in Bogota, Colombia. The office, which is the firm’s 58th office worldwide and the third in Latin America, will act as a nucleus for its operations in the rest of Latin America as well.

A.T. Kearney has found a large chunk of its operations gravitating towards South America. In addition to substantial business in the region, the consulting firm has selected Colombia as the location for its Global Business Policy Council’s annual CEO retreat for 2014. The conference will be held in Cartagena, and will be attended by delegates from across the world.

In order to facilitate the business in the region, the firm has now added a new office in Bogota, which will join forces with its other offices in Mexico City and Sao Paolo. The three locales will also cater to the firm’s extensive clientele in Chile, Peru, Ecuador, and Panama.

Maria Eugenia Fanjul

The new office will be headed by Maria Eugenia Fanjul, who has been a Partner at the firm since 2008, after relocating from their Madrid Office. Fanjul, who has a background in the construction sector, has been with the firm since 1995, covering a range of projects in the infrastructure and transport sectors.

A.T. Kearney opens new office in Bogota, Colombia

Commenting on the new presence, Johan Aurik, Managing Partner and Chairman of the Board at A.T. Kearney said, “Colombia is very favorably positioned in the region with almost uninterrupted 4% to 5% annual GDP growth since 1982, sound economic and monetary policy, democratic stability and market-oriented policies. In recent years our business in and related to Colombia has increased to the point where it is now an opportune time to establish a formal presence consistent with our global growth aspirations.”

On her new role, Fanjul commented, “This is a dynamic market with a significant number of large domestic and international companies. We see opportunities to assist our global clients and Colombian companies in numerous sectors, particularly infrastructure, oil and gas, mining, financial institutions, health, consumer products and retail.”

Meanwhile, Head of the firm’s Americas region, Daniel Mahler added, “An expanding middle class and growing consumption patterns put Latin America front and center on the strategy agendas of many international companies. Expanding our footprint to Colombia gives Colombian and international companies access to our best resources from around the world as they seek to achieve both an immediate impact and lasting, growing advantage across their operations in the region."


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Argentinian software consultancy APG Consulting enters Bolivia

25 February 2019 Consultancy.lat

Argentinian professional services firm APG Consulting has expanded into Bolivia, growing its presence in Latin America to six countries. 

Founded in 2003, APG Consulting is a software consultancy that supports its clients with digitizing procurement and finance, and with document management. The firm’s Comfiar solution allows organizations to generate, send and store invoices in a robust and safe environment, while supporting procurement, finance and regulatory processes. APG Consulting’s AFM solution is a document management system (DMS) that helps companies with organizing, managing and securing documents in a standardized environment.

Across Latin America, APG Consulting currently over 1,000 customers, with Bolivia the next market targeted as part of the firm’s strategy to lift its client base to over 1,500 in the coming years. The expansion follows on previous forays into Colombia, Costa Rica, Ecuador and Peru. Headquartered in Buenos Aires, the IT consulting firm has around 80 employees. 

The move comes at a time when electronic invoicing is a major theme in Bolivia. In March of this year, the country’s National Tax Service (SIN – Servicio de Impuestos Nacionales) is implementing new regulation that advocates electronic invoicing. For companies, this means that they need to adopt e-invoicing of not already in place, and for those that currently do use the feature, changes may be required in system setup, processes, data management or governance. 

Argentinian software consultancy APG Consulting enters Bolivia

APG Consulting is aiming at implementing its Comfiar solution, which has been tailored to meet SIN’s requirements, at both private and public sector organizations in Bolivia. Meanwhile, companies that already have a system in place can tap the Argentinian-origin consultancy for software services and change management support. According to Matías Cherepinsky, commercial manager of APG Consulting, organizations must not only look at the technical side of electronic invoicing, but also keep the cultural side of change in mind. Employees in procurement and finance will need to adopt new ways of working, meaning that they need to receive training and coaching in order to successfully complete their new tasks.

According to Daniel Ayoroa, a legal manager at Agentax, electronic invoicing still is in its infancy in Bolivia. Organizations therefore are open to bringing in the expertise of experts that have an established track record gained abroad, where e-invoicing is more mature. He added that he believes the approach can lead to a major modernization of procurement and tax functions throughout the country.

Earlier this month, accounting and consulting firm BDO also entered the Bolivian market with the addition of KPI Auditores y Consultores to its global member firm network. In December last year, Tufiño Villegas, which has offices in La Paz, Santa Cruz and Cochabamba, joined Andersen Global’s international association.