Medium-sized company
A mid-sized company with several departments; in Colombia it is classified by its annual revenue.
What counts as a medium-sized company in Colombia, and what technology does it need to grow?
In Colombia, Decree 957 of 2019 classifies companies by their annual ordinary income, measured in UVT, a Colombian tax unit that is adjusted every year. A company counts as medium-sized when it passes the small-business threshold but stays under the medium-sized cap for its sector: in manufacturing, more than 204,995 and up to 1,736,565 UVT; in services, more than 131,951 and up to 483,034 UVT; in retail, more than 431,196 and up to 2,160,692 UVT.
In practice, a medium-sized company usually has separate departments, like sales, operations, purchasing, and finance, with several people working off the same information. That's where scattered files and programs that don't talk to each other start costing real errors and time.
Why it matters to your business
At this size, technology is what holds the operation together, and an inventory or accounts-receivable error already moves real money. It's worth investing in systems that connect departments and leave a clear trail, even if they start with just one module.
How we use this at Damorus
In the case studies we publish, we don't classify clients by their legal size, but there are pieces a medium-sized company tends to ask for: at Atlantic Center, two or more computers share live information on roughly 390 students and 30 institutions, and the URG Technology dashboard has view or edit permissions set by module. This size usually fits our Gold plan, with cloud software shared across several computers, or Diamond. We'll cover this in more depth on our page for companies as well.
Sources
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