Staffware SA, whose London-listed parent achieved a convincing turnaround in the six months to end-June, says SA`s e-government initiative bodes well for business process management.
Staffware plc, the business process management/workflow software group, achieved sales of lb18.2 million in the interim period to 30 June, compared with lb19.1 million in the same period of last year.
Staffware SA MD, Mark Ehmke says the local operation accounted for 6% to 7% of the revenue.
Despite the drop in group revenue, Staffware managed to turn a lb2.4 million loss before interest, tax, depreciation and amortisation into a lb1.1 million profit. A pre-tax profit of lb0.4 million compares with a previous loss of lb3.4 million.
Chairman and CEO John O`Connell says the turnaround is largely due to the group`s success in establishing itself in the emerging business process management market and continuing to build on its strength in the workflow industry.
"We have successfully kept costs under tight control and will continue to do so," he says.
Ehmke says the prospects for business process management in SA are very good.
"A number of initial projects went through this year and there are several key roll-outs expected in the next few months. There is quite a lot happening around the e-government initiative."
Among other projects, Staffware SA has been working with the Home Affairs Department on a register of births, deaths and marriages, and that project is expected to go live in a few weeks.
"They are also quite keen on tracking immigration, people coming in without the necessary visas, people overextending their stay and so on," Ehmke says. "It`s been in progress for eight months now, and it`s been an interesting project."
The company has also been working on projects in the private sector, one involving banking group FirstRand.
O`Connell says the group continued to expand its global presence, with international sales now accounting for 75% of total sales, primarily as a result of strong growth in SA, the Netherlands and the US.
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