American software company TaxDome enters the Romanian market, providing an integrated solutions platform that streamlines tax and accounting practices

TaxDome, a leading American provider of practice management solutions for tax and accounting professionals, enters the Romanian market, as the local business landscape indicates accelerated growth and considerable progress in digitalization. With a strong presence in the United States and a powerful international footprint, TaxDome brings its innovative platform to serve the needs of tax and accounting firms in Romania.

With a portfolio of 10,000 clients, mid and major companies, and 3 million users in the world, TaxDome adds Romania to its expansion plans. Romania is the 26th country and the first one in Eastern Europe where the American software company entered.

“Considering the dynamic economic landscape and the growing demand for innovative technology-driven solutions in the accounting and tax preparation sectors, we have decided to enter the Romanian market. Romania’s rapid economic growth, coupled with its increasing digitalization and a strong base of tech-savvy professionals, presents a significant opportunity for TaxDome to introduce our comprehensive suite of tools designed to streamline and enhance the efficiency of tax and accounting practices. Our expansion into Romania aligns with TaxDome’s mission to empower accounting professionals and firms worldwide with cutting-edge technology that simplifies operations, enhances client communication, and ensures secure data management. We recognize the potential in the Romanian market to adopt advanced solutions that can support local businesses in their growth and compliance needs. Moreover, Romania’s strategic location in Eastern Europe and its emerging status as a tech hub makes it an ideal entry point for TaxDome to serve the Romanian market and expand its regional presence. We are committed to investing in the local economy, fostering partnerships, and contributing to the digital transformation of Romania’s accounting and tax preparation sectors,” Alina Goldenberg, Country Manager of TaxDome Romania, says.

For a challenging tax landscape in Romania, TaxDome offers an all-in-one platform with a comprehensive suite of features, including document management, client communication, appointment scheduling, invoicing, and payment processing, that will empower Romanian firms to streamline their operations and provide exceptional service to their clients.

With an innovative software solution for accountants and firms, the American software provider estimates a turnover of 125,000 euros in the first year in Romania. TaxDome’s strategy focuses on maintaining affordable pricing and providing complimentary support and implementation services to ensure broad accessibility. The company’s entry into Romania capitalizes on market conditions, filling a significant gap left by the absence of global competitors and the limited offerings of local companies. Leveraging this opportunity, the company aims to achieve financial targets and secure a substantial market share, paving the way for sustained growth and success.

“TaxDome is ready to serve various clients within Romania’s accounting and tax preparation sectors. Our primary focus is on middle and larger firms, leveraging our comprehensive suite of tools to address the complex needs and challenges these organizations face in managing their operations efficiently. Our platform is tailored to be accessible and scalable, ensuring that small businesses can also take advantage of our cutting-edge technology to grow their practices and serve their clients more effectively. As for our ambitions in the Romanian market, we are setting a realistic yet optimistic target of securing 100 clients in our first year,” Alina Goldenberg, Country Manager of TaxDome Romania, says.

Currently, TaxDome’s team in Romania comprises two dedicated professionals instrumental in laying the foundation for operations and ensuring services finely tune to meet the unique needs of the Romanian market. At the helm is the Country Manager, Alina Goldenberg, whose expertise as an accountant and deep understanding of the local business landscape makes her an invaluable asset to the team and clients. Working alongside Alina is a colleague dedicated to localization efforts, guaranteeing that TaxDome’s platform and services align seamlessly with Romanian accounting standards and practices.

The company’s plan includes a significant expansion of the local team, reflecting the commitment to the Romanian market and the desire to provide comprehensive support and development tailored to Romania. This expansion will enhance local expertise and capabilities and ensure alignment with clients’ evolving needs.

How the American company sees the Romanian market

The American company is optimistic about the potential synergies between TaxDome’s offerings and the needs of the Romanian market. With Romania’s clear trajectory towards digital adoption and the supportive framework provided by key industry bodies, TaxDome sees a fertile ground for the company to contribute meaningfully to the country’s digital transformation journey.

The Romanian business market presents a landscape with opportunity, underscored by its robust economic performance and a clear commitment to embracing digital transformation. Romania’s enthusiasm for digitalization extends beyond e-invoicing; it permeates various sectors of the economy, fueled by a widespread desire to leverage technology for enhanced operational efficiency and innovation. The country’s IT sector, renowned for its talent and creativity, plays a pivotal role in this transformation, driving advancements that benefit businesses across the board.

“The combination of Romania’s digital ambition, the mandatory shift towards e-invoicing, and the supportive stance of CECCAR creates an unprecedented opportunity for businesses to advance their digital capabilities. TaxDome is eager to support this transition, offering innovative solutions that align with Romania’s vision for a digitalized, efficient, and competitive business environment. At TaxDome, we are acutely aware of Romanian accounting professionals’ pain points, particularly with the new regulations and the push for mandatory digitalization. Our platform is designed to decrease these pressures by automating operational and administrative tasks, allowing accountants to focus more on client needs and strategic advising rather than getting stuck by time-consuming manual processes. By automating routine tasks, TaxDome empowers accounting professionals to enhance their efficiency and productivity. This enables them to meet regulatory requirements more effectively and elevate the quality of service they offer to their clients,” Alina Goldenberg, Country Manager of TaxDome Romania, says.

In this era of rapid regulatory changes and the undeniable shift towards digitalization, the partnership between entrepreneurs and their accountants has never been more critical. Entrepreneurs can now catalyze this transformation not just for the benefit of their own business but also to revolutionize how their accounting services are delivered. By introducing TaxDome to their accounting professionals, their companies are not merely adopting a new software but embracing a future where their business can thrive on efficiency, accuracy, and strategic insight.

About TaxDome

Founded in 2017 in New York, TaxDome is a leading American provider of practice management solutions for tax and accounting professionals. With a comprehensive suite of features, including document management, client communication, appointment scheduling, invoicing, and payment processing, TaxDome empowers professionals to streamline their operations and deliver exceptional service to their clients. TaxDome serves professionals worldwide with innovative technology solutions tailored to their specific needs.