Migrate is already present in Brazil and Uruguay. The company launched its Invoicy solution in Uruguay in October 2012 and believes it has 20% of the market with some 1,500 licenses. Migrate has been operating for eight years in the Brazilian market, which has had e-billing regulations in place for 10 years, and has 6,000 clients.
Uruguay approved e-billing law 18,600 in 2009 and published the decree for it to enter into operation in 2012. Non-official estimates forecast there will be 12,000 e-billing users in 2014 and 120,000 in 2015. The executive said that Migrate will target the SME market given that it can offer its software in a SaaS format, which means companies can use it on an on-demand basis.
Cláudia Wada on