Local regulatory knowledge – the support to software company’s growth in Latin America

Adobe explains how TMF Group’s support was crucial for the consolidation of its business in Brazil, Chile, Colombia and Mexico.

Services for: Accounting, Payroll and Tax Compliance

Provided in: Brazil, Chile, Colombia and Mexico

Since its foundation in 1982, Adobe has been changing the world through digital experiences. The company's creative, marketing and document solutions empower everyone — from emerging artists to global brands — to bring digital creations to life and deliver them to the right person at the right moment for the best results. Adobe has approximately 15,000 employees in 41 countries.

After the acquisition of Macromedia in 2006, Adobe needed to better structure the company’s accounting, financial and compliance processes to align them to the legal and regulatory requirements of each country where they would now operate.

Monika Salzburnn, Accounting and Payroll Manager for Adobe Latin America said: “Working with TMF Group was crucial to helping us establish our operations in Chile and Colombia, giving us certainty that we would be aligned with each country’s requirements. By relying on TMF Group’s support, we knew we would be up to date with new regulations, and have the peace of mind to dedicate our resources and efforts to strategic issues related to Adobe’s core business. This translates into security to continue growing and expanding our business in Brazil, Chile, Colombia and Mexico.”

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