What Mentum Group does

Mentum Group is a privately held Colombian technology company headquartered in Bogotá, structured as an operating alliance of four entities: BIT CONSULTING S.A., 2 IN SOLUTIONS, COMERCIALIZADORA DE SOFTWARE Y SOLUCIONES SAS, and NOOVA. Founded approximately in 1994 with over 30 years of market experience, the company employs 100+ professionals and serves 4,500+ active clients across Colombia with claimed international reach. Its core commercial offering is a dual portfolio combining proprietary SaaS products (qlip cloud ERP ecosystem with qlip Business, qlip Pay, qlip Master, and qlip Portals; Documénteme for electronic invoicing and document management; MExpenses for mobile expense reporting; FírmeMe for electronic signature; NoovaOne for procurement and third-party collaboration; and TOTAL Innovation Plus for SME management) with Microsoft enterprise technology resale and implementation services (Dynamics 365 GP, Business Central, Finance & Operations, SharePoint, Microsoft 365, Azure, Power Platform, and Dynamics CRM).

All proprietary products are built on Microsoft Azure infrastructure and are tightly integrated with Microsoft ERP/CRM platforms, with Documénteme authorized by Colombia's DIAN tax authority for electronic invoicing, e-payroll, RADIAN, and Documento Soporte de Adquisiciones. AI Builder OCR is embedded inside MExpenses for receipt data extraction, while AI-powered chatbots, Copilot, Sentinel anomaly detection, and Dynamics 365 Customer Insights predictive segmentation are surfaced through the broader Microsoft stack.

Mentum Group operates as a Microsoft Gold Partner and Cloud Solution Provider with over 20 years of partnership history, generating revenue through SaaS subscriptions and licensing on its proprietary products, resale of Microsoft licenses (CSP), and professional services for implementation, migration, and ongoing support. Pricing is quote-based and undisclosed; sales are field-led, supported by partner channels through Microsoft's ecosystem and digital marketing surfaces (website, blog, LinkedIn, YouTube, AppSource). Certification posture includes ISO/IEC 27001:2013 held via founding entity BIT Consulting S.A. No disclosed funding rounds, parent company, or public ticker exist.

Name

Mentum Group

Legal name

MENTUM GROUP

Website

https://mentum.group

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Mentum Group is a Bogotá-based technology company that builds proprietary SaaS products including the qlip ERP ecosystem, Documénteme electronic invoicing, MExpenses, FírmeMe, and NoovaOne, and resells Microsoft enterprise technology, serving 4,500+ Colombian and Latin American clients across SMB and enterprise segments.

Ownership category

akta.pro rank

Product category

Enterprise ERP & Business Software

NAICS

Custom Computer Programming Services (541511), Software Publishers (513210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industry

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

Keywords

• Enterprise ERP software
• Electronic invoicing platform
• Microsoft cloud solutions
• Procurement automation software
• Electronic signature solutions

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Enterprise Software Licensing and SaaS Subscriptions: Mentum Group generates revenue primarily through the sale and subscription of its proprietary software platforms (qlip, Documenteme, MExpenses, NoovaOne, Firmeme) as cloud-based SaaS solutions. These are sold to enterprise and mid-market clients across all economic sectors in Colombia and internationally. Revenue includes licensing fees, platform access fees, and ongoing subscription charges.
2. Microsoft Technology Resale and Implementation Services: As a Microsoft Gold Partner and CSP (Cloud Solution Provider), Mentum Group resells and implements Microsoft products including Dynamics 365 GP, Dynamics 365 Central, Dynamics 365 Finance & Operations, SharePoint, Microsoft 365, Microsoft Azure, Power Platform, and Dynamics CRM. Revenue comes from software resale, implementation projects, and post-sale support.
3. Professional Services - Implementation and Support: The company provides consulting, implementation, and technical support services for its own products and Microsoft platforms. Services include ERP implementation, electronic document system deployment, support desk, and training.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Mentum Group is a Colombian enterprise technology company that develops and sells proprietary cloud-based SaaS products (the qlip ecosystem of ERP and payment modules, DocuménteMe for DIAN-compliant electronic invoicing, MExpenses for mobile expense management, FírmeMe for electronic signature, and NoovaOne for procurement and third-party automation) and, as a Microsoft Gold Partner and Cloud Solution Provider, resells and implements Microsoft enterprise products including Dynamics 365, Azure, Microsoft 365, SharePoint, and the Power Platform for mid-market and enterprise customers.

Product overview

Mentum Group is a Colombian technology company offering a dual product portfolio combining Microsoft partner products with proprietary solutions. Their proprietary ecosystem centers on qlip, a cloud-based business applications suite featuring qlip Business (ERP with 12+ modules), qlip Pay (payment gateway), qlip Master (master data management), and qlip Portals (customer/supplier portals). Supporting products include DocuménteMe (electronic document management and e-invoicing), MExpenses (expense management), FírmeMe (electronic signature), and NoovaOne (procurement and third-party automation). TOTAL Innovation Plus serves SME payroll needs. As a Microsoft Gold Partner, they also resell and implement Microsoft Dynamics 365 GP, Business Central, Finance and Operations, SharePoint, Microsoft 365, Azure, Power Platform, and Dynamics CRM. All solutions emphasize Microsoft Azure infrastructure and ERP integration capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• qlip: Ecosystem of integrated business applications including cloud ERP, payment gateway, and process automation with third parties
• DocuménteMe
• MExpenses
• FírmeMe
• NoovaOne
• TOTAL INNOVATION PLUS
• qlip Business
• qlip Pay
• qlip Master
• qlip Portals

Products and services

• qlip (Ecosystem) Cloud-based business applications ecosystem combining a 100% web ERP, payment gateway, information portal, and process automation tools designed for companies with high transactional volumes.
• qlip Business Cloud ERP module with over 12 functional modules and 9 industry verticals covering accounting, assets, HR, projects, sales, purchasing, CRM, quality, warehouse, loans, support, and website management.
• qlip Pay Payment gateway solution enabling secure online payments via PSE, credit/debit cards with real-time obligation visualization, fund transfers, and ERP integration.
• qlip Master Master data management solution consolidating multiple information sources including commercial reports and MENTUM/LAFT reports from Informa Colombia with real-time transaction updates.
• qlip Portals Portal solution enabling direct interaction with customers, suppliers, and distributors for order management, support cases, and product sales with ERP/CRM connectivity.
• DocuménteMe Electronic document management platform hosted on Microsoft Azure for automating and optimizing electronic invoicing, receipt management, e-payroll, RADIAN, and document support for non-electronic issuers, with ERP/POS/accounting system integration and DIAN compliance.
• MExpenses Mobile application (Android/iOS) for recording minor expenses and travel per diem legalization from smartphones, featuring approval workflows, AI-powered receipt scanning via AI Builder OCR, and ERP/accounting system integration.
• FírmeMe Electronic signature platform for rapid, secure, and controlled digital document signing with support for multiple signers, sequential signatures, approval workflows, pre-approval configurations, OTP authentication, and real-time tracking.
• NoovaOne SaaS platform for controlling and automating third-party interaction processes in buy/sell service transactions, enabling collaboration, procurement management, accounts payable, and order handling with ERP/CRM integration via APIs.
• TOTAL Innovation Plus SME-focused business management software covering compensation plans, absence management, payroll calculations, employee self-service portal, and regulatory compliance, with ERP integration.
• Recursos Humanos (Human Resources) Comprehensive HR management solutions including organizational culture measurement, engagement/climate surveys, leadership assessment, team evaluation, wellness programs, and payroll processing with electronic payroll integration.
• Microsoft Dynamics 365 GP Microsoft enterprise ERP solution for mid-sized businesses, resold and implemented by Mentum Group as a Microsoft Gold Partner.
• Microsoft Dynamics 365 Business Central SaaS enterprise ERP solution from Microsoft for mid-sized businesses, resold and implemented by Mentum Group as part of its Microsoft product portfolio.
• Microsoft Dynamics 365 Finance and Operations Enterprise ERP solution from Microsoft for large businesses and corporations, resold and implemented by Mentum Group as part of its Microsoft product portfolio.
• Microsoft SharePoint Microsoft team collaboration, document storage, and workflow management platform, resold and implemented by Mentum Group as part of its Microsoft product portfolio.
• Microsoft 365 Microsoft cloud productivity platform including productivity tools, communication, and security solutions, resold and implemented by Mentum Group.
• Microsoft Azure Microsoft cloud platform for application hosting, development, and infrastructure services, resold and managed by Mentum Group as a Cloud Solution Provider.
• Microsoft Power Platform Microsoft platform for building solutions, automating processes, analyzing data, and creating bots including Power BI, Power Apps, and Power Automate, resold and implemented by Mentum Group.
• Microsoft Dynamics CRM Microsoft customer relationship management ecosystem for managing sales, service, and marketing interactions, resold and implemented by Mentum Group.

Quantifiable outcome

• 99.98% service availability for electronic document platform
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability10 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• MicrosoftcoreTechnology or IntegrationMentum Group is a Microsoft Gold Partner with 20+ years of partnership history and an authorized Cloud Solution Provider (CSP). The company resells and implements the full Microsoft enterprise portfolio including Dynamics 365 GP, Dynamics 365 Central, Dynamics 365 Finance & Operations, Microsoft 365, Microsoft Azure, SharePoint, Power Platform, and Dynamics CRM. Microsoft tools (Azure, AI Builder, Teams) serve as the foundational technology platform for Mentum's proprietary products.
• BIT CONSULTING S.A.coreOthersBIT CONSULTING S.A. (NIT: 830005677) is one of the four founding member companies of the Mentum Group alliance, headquartered in Bogotá at Cl. 98 Bis #71D-20. Contributes to the group's combined 30+ years of market experience.
• 2 IN SOLUTIONScoreOthers2 IN SOLUTIONS (NIT: 830139842) is one of the four founding member companies of the Mentum Group alliance, headquartered in Bogotá. Part of the corporate group providing the group's 30+ years of combined market experience.
• COMERCIALIZADORA DE SOFTWARE Y SOLUCIONES SAScoreOthersCOMERCIALIZADORA DE SOFTWARE Y SOLUCIONES SAS (NIT: 900566693) is one of the four founding member companies of the Mentum Group alliance, headquartered in Bogotá.
• NOOVAcoreTechnology or IntegrationNOOVA (NIT: 901108864), one of the four founding member companies of the Mentum Group alliance, headquartered in Bogotá. NOOVA is also the name of Mentum Group's proprietary procurement and collaboration SaaS platform (NoovaOne).
• Microsoft AzurecoreTechnology or IntegrationMicrosoft Azure serves as the core cloud infrastructure platform for all of Mentum Group's proprietary SaaS products (qlip, Documenteme, MExpenses, NoovaOne, Firmeme). Mentum Group is a CSP (Cloud Solution Provider) for Azure, enabling direct resale and implementation services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• EDICOM: Spain-headquartered electronic invoicing and EDI platform with significant Latin American operations. Directly comparable to Mentum Group's DocuméneMe for tax authority-compliant e-invoicing (DIAN equivalent) at scale, though operating from a different regulatory jurisdiction.
• Bind ERP: Mexican cloud ERP platform serving SMEs with accounting, invoicing, and payroll modules. Comparable to Mentum Group's qlip Business ERP in product scope and target customer (LatAm SMBs), but operating primarily in Mexico rather than Colombia.
• Defontana: Chile-based cloud ERP, accounting, and payroll software serving SMEs across Latin America (Chile, Peru, Mexico, Colombia). Comparable to Mentum's qlip Business and Microsoft Dynamics 365 implementation services for the SME ERP segment in neighboring LatAm markets.

Broad incumbents

• DocuSign: Global leader in electronic signature and agreement management. Directly comparable to Mentum Group's Firmeme e-signature product at the feature level, but operates at vastly larger scale with a much broader enterprise and international footprint.
• SAP Business One: Global ERP incumbent targeting mid-market and SME customers, comparable in product scope to Mentum Group's qlip Business and Dynamics 365 implementations. SAP competes in the same Colombian enterprise accounts where Mentum offers Microsoft-based alternatives.
• Microsoft Dynamics 365 (Microsoft partner ecosystem): The underlying platform on which Mentum Group builds its proprietary products and resells implementation services. While not a direct competitor in the same sense, Microsoft's own product roadmap and first-party LatAm features directly shape Mentum's opportunity and risk profile.
• Oracle NetSuite: Global cloud ERP platform serving mid-market and enterprise customers. Comparable to Mentum Group's enterprise ERP offerings (qlip Business, Dynamics 365 Finance & Operations implementations) for the same Colombian and LatAm mid-market customer profile.

Direct peers

• Siigo: Colombian-founded SaaS accounting and ERP platform serving SMBs and accountants in Colombia and across Latin America. Directly comparable to Mentum Group's qlip Business ERP and TOTAL Innovation Plus offerings for the SME segment, with similar geographic focus and Microsoft-adjacent positioning.
• Aplica: Colombian ERP and electronic invoicing provider with deep DIAN compliance capabilities and Microsoft Dynamics expertise. Closely overlaps with Mentum Group's Documenteme e-invoicing platform and Dynamics 365 implementation business for Colombian enterprise customers.
• Alegra: Colombian cloud accounting and ERP software serving SMEs and accounting professionals across Latin America. Comparable to Mentum Group's qlip Business and TOTAL Innovation Plus in target customer (Colombian SMBs, accountants) and SaaS delivery model, though with a more self-serve go-to-market motion.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/mentumg
• YouTubeyoutube.com/channel/UChOqWMehaJbevxcIwnLLJXg?view_as=subscriber
• Facebookfacebook.com/MentumG
• LinkedInlinkedin.com/company/mentumgroup
• Instagraminstagram.com/mentumgroup?igsh=MTNramdvNHZudTczeA==

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mentum Group