- CEO
- Dennis Herszkowicz
- Full Time Employees
- 12,000
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Avenida Braz Leme São Paulo SP Brazil 02511-000
- IPO Date
- Mar 7, 2006
- Business
- Totvs S.A. is a Brazil-based information technology company specializing in integrated business management software solutions, collaboration and productivity platforms, and consulting services. Founded in 1983 and headquartered in Sao Paulo, Totvs is a leading provider of enterprise resource planning (ERP) systems with modules encompassing management, finance, operations, human resources, and client services. The company serves approximately 70,000 clients across 12 key economic sectors including agribusiness, logistics, manufacturing, distribution, retail, service providers, education, hospitality, legal, construction, healthcare, and financial services. Totvs operates through an extensive network comprising over 11 research and development centers across Brazil, the USA, and Mexico, as well as offices in various Latin American and European countries.
Totvs' core product portfolio includes management software solutions focused on ERP platforms; business productivity and collaboration tools; specialized industry-specific systems; customer relationship management (CRM); manufacturing execution systems (MES); financial technology (Techfin) solutions through a joint venture with Itaú that offers B2B credit, payment, and banking platforms; and digital tools for marketing, sales, and customer service, including multichannel and e-commerce solutions supported by key partnerships with companies like VTEX and Moddo.
Recent strategic developments include the announced acquisition of Linx Participações S.A. in April 2025 to strengthen its retail and franchise business capabilities and the earlier 2024 acquisition of Varejonline Tecnologia e Informática to enhance its position in the retail technology sector. Totvs continues to expand its Techfin portfolio with new digital accounts and payment solutions to democratize access to financial services for businesses. The company has also focused on cloud migration, AI integration, and expanding its geographic footprint with new offices such as the recently opened facility in São José do Rio Preto. A share buyback program initiated in late 2024 reflects the company’s confidence in financial stability and commitment to shareholder value. Totvs leverages a strong SaaS subscription model for recurring revenue growth, emphasizing cross-selling opportunities within its management and business performance segments to sustain its market leadership and robust organic growth.
Totvs operates mainly in three segments: Management, Business Performance, and Techfin, with the Management segment generating the majority of revenues. Its strategic focus remains on broadening product offerings, improving customer satisfaction, and expanding coverage in existing markets while pursuing acquisitions to augment its value proposition. As of 2025, Totvs maintains over 55% market share in Brazil and continues to invest heavily in R&D and technology innovation to support long-term growth and operational excellence.