Visma has acquired Rindegastos, a leading expense management solutions provider in Latin America, to enhance its HR technology offerings and foster digital transformation in the region.

Information on the Target

Visma has recently acquired Rindegastos, a prominent provider of expense management solutions based in Santiago, Chile. Rindegastos caters to businesses of all sizes, offering a mobile-first and AI-enhanced platform designed to automate corporate expense management. The company currently supports over 4,500 clients, streamlining the processes of submitting, approving, and reimbursing expenses to enhance efficiency, transparency, and compliance.

The platform not only simplifies expense management but also ensures real-time compliance with local tax regulations, enabling seamless integrations with Enterprise Resource Planning (ERP) systems. Rindegastos aims to boost financial visibility and operational efficiency for its clients across various Latin American markets, addressing the growing demand for digitalization among SMEs in the region.

Industry Overview in Latin America

The Latin American market is experiencing a significant digital transformation, with approximately 90% of small and medium-sized enterprises (SMEs) acknowledging the essential role of digital solutions for their business suc