Welcome to ebiz Latin America
In 2000, Value Investments Group, a company that provides services such as private investment funds management, decided to channel investments into information technology and telecommunications sector. For this reason, it asked IBM to evaluate the market in order to identify needs and develop a solution based on new world e-business trends.
This evaluation identified that companies are constantly looking for ways to optimize their production and administration processes in order to be more competitive and face up to these market price variations.
Likewise, regarding the cost structure of sector companies, nearly 46% of their operation costs are from supply and logistics process. For this reason, it is important to have tools that allow you to optimize your processes, reduce business cycles and facilitate the dynamic interrelationship with your providers and service companies.
Upon identifying this need, Value Investments Group incorporated “ebiz Latin América” company on April 11, 2001 to offer solutions to the mining sector through www.b2mining.com, providing electronic support means that facilitate the interaction among companies and information exchange in order to improve communications and business relationships and give an added value to business management with the use of technology.
Nowadays, ebiz Latin América incorporates logistic and accounting processes into more than 60 purchasing and paying companies, and 25,000 providers from several economic sectors, processing purchases of more than US$ 2.500 million and a turnover of US$ 4,000 million with more than 350,000 transactions a year.
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