Kreston adds member firms in Costa Rica, Tajikistan and Indonesia

07 July 2016

In recent months, accounting and consulting firm Kreston has added three new firms to its international network: Díaz & Zeledón in Costa Rica, KPMT Orien in Tajikistan, and PT Pratama Indomitra Konsultan in Indonesia. 

Kreston International, a global network of independent accounting firms with over 25,000 professionals in 125 countries, has added three new member firms from around the globe to its network of over 200 firms. 

Díaz & Zeledón

Díaz & Zeledón, founded in 2001 and based in San José, Costa Rica, is a local professional services firm that offers audit, accounting and advisory services.

“We are delighted to strengthen our resource in Latin America with the admittance of Díaz & Zeledón,” remarked Kreston CEO Jon Lisby. “This quality firm was recommended by Lisicki Litvin y Asociados, Kreston’s member in Argentina, and we look forward to working with Lorena Zeledon and her team and to raising the prominence of the Kreston brand in Costa Rica.”

KPMT Orien

KPMT – not to be confused with Big Four consultancy KPMG – is an audit firm based in Dushanbe, Tajikistan’s largest city and capital. The firm is managed by three partners and performs the majority of its work in the public, non-profit, and real estate sectors. The addition of KPMT to Kreston’s network heightens the international consultancy’s profile in Central Asia, adding Tajikistan to its existing base of members in Kazakhstan, Uzbekistan, Kyrgyzstan, Pakistan, Afghanistan, and Azerbaijan.

Reflecting on his firm joining Kreston, KPMT Orien Partner Bakhtovar Sherov remarked, “We look forward to working alongside fellow member firms in the region and we will now be able to better compete in the local and global market place.”

Kreston adds member firms in Costa Rica, Tajikistan and Indonesia

PT Pratama Indomitra Konsultan

Pratama Indomitra, founded in 2010, offers tax consulting, accounting, risk management, and corporate governance services to its clients in Indonesia. Pratama Indomitra will join Kreston’s existing member in Indonesia, KAP Hendrawinata Eddy Siddharta & Tanzil.

The addition of this consulting firm will enable Kreston to offer the full range of business advisory services in Indonesia, according to Lisby. Pratama Indomitra’s membership gives Kreston Indonesia a new total of 29 partners and more than 420 professional and support staff working across Jakarta, Medan, Surabaya, and Yogyakarta.

“We are delighted to welcome all from Pratama Indomitra to the network,” Kreston CEO Jon Lisby commented. “Combined, our local firms are expected to advance within the top 10 national rankings and will be better placed to compete in a highly competitive and challenging economic market.”


Argentinian software consultancy APG Consulting enters Bolivia

25 February 2019

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.