If you read us from Colombia, you will know that, according to Law 590 of 2000, companies in Colombia are classified into micro, small, medium and large companies, according to their size and economic capacity. However, small and medium-sized enterprises (SMEs) are the engine of the Colombian economy. In fact, micro, small and medium-sized companies in Colombia represents 99.9% of the total number of companies in the country (BBVA Research).
However, on a daily basis, SME in Colombia face challenges that translate into lower efficiency and productivity. But, do not panic: digital solutions can reverse this solution. Today, we offer you an overview of SMEs in Colombia and a series of tips, so you can boost their profitability.
What do SMEs contribute to the Colombian business fabric?
In Colombia, SMEs are fundamental to the country’s economy for many reasons. Among them, they stand out for their capacity to generate employment (close to 80% of national employment), contribute to the Gross Domestic Product (generating 35% of GDP), foster innovation and competitiveness, promote regional development, diversify the economy, their capacity to adapt, promote the culture of entrepreneurship and contribute to economic reactivation.
Digital transformation is not free of challenges
However, many SMEs in Colombia face challenges in digital transformation, either because of:
- Budget
- Resistance to change
- Or simple fears and myths about it.
In short, “reasons” that can affect their productivity and competitiveness. But, in addition, another aspect has to do with the management of documentation. In this daily routine they encounter major problems that can be summarized as follows:
- Many people spend a lot of time and resources printing, signing and scanning documents.
- They have difficulties in coordinating the signing of documents with multiple parties involved.
- They suffer loss or damage to physical documents.
- Have difficulty tracking and auditing the document signing process.
This process can easily be carried out digitally with providers such as Viafirma, which carry it out easily and securely through electronic signature, reducing costs and resources.
Get the best version of your SME in Colombia with Viafirma
Viafirma, with tools such as Viafirma Documents, one of our most complete platforms, can help SMEs in Colombia to overcome these challenges. With 25 years of experience behind us, we have helped large Colombian companies, such as Sura and Santamaria Group, to improve their efficiency and productivity. Our products are characterized by their ease of use and navigation, security and authenticity in electronic signatures.
In addition, Viafirma offers a great technical support that will solve the functionalities of our products, designed to cover the business needs. We invite you to know our product and to let yourself go by the hand to create the best version of your company, implementing little by little this digital transformation tool.