Wizrom Software acquires Co-Factor and expands portfolio with strategic HR solutions

Wizrom becomes the only provider in Romania offering a fully integrated HR platform for both operational and strategic processes.

Wizrom Software, one of the leading business software providers in Romania, announces the acquisition of Co-Factor, a company specializing in platforms that support organizational performance, internal communication, and employee engagement.

With an annual growth rate of 15–20% over the past three years, Wizrom continues to invest in Romanian-made software solutions that respond to real market needs. The Co-Factor acquisition supports this direction and strengthens the company’s long-term development strategy.

The multi-million-euro transaction brings into Wizrom’s portfolio a strategic HR solution focused on performance, communication, and employee engagement. Co-Factor’s platform will now complement the WizOne HR suite, turning it into a fully integrated HR ecosystem that addresses both operational needs and organizational development initiatives.

“This acquisition marks a defining moment for us. With Co-Factor, Wizrom now delivers the first fully integrated HR platform developed in Romania—covering everything from core operations like admin, payroll, time tracking, and self-service, to strategic components vital for company culture, engagement, and performance. Co-Factor is a mature, market-validated product built on a deep understanding of what organizations truly need. It’s a natural fit—not just technologically, but also in terms of shared vision and values focused on people, agility, and innovation,” said Zemy Apfelbaum, Managing Director, Wizrom Software.

Co-Factor is already trusted by major players in industries like finance, retail, and healthcare, with clients such as Banca Transilvania, Regina Maria, Nepi Rockcastle, Sergiana Grup, and Secom Healthcare. The average employee adoption rate exceeds 80%, a rare benchmark for any enterprise software. Strategic HR programs implemented using Co-Factor have also received multiple industry awards for their positive impact on organizational culture.

“We believe performance should be accessible to everyone, driven by continuous feedback and involvement—not just KPIs. We’re excited about joining forces with Wizrom to reach even more organizations that see people as more than just roles,” said Adela Grigoriu, Co-Founder & CEO, Co-Factor.

The Co-Factor platform includes advanced features for performance management (OKRs, 360° evaluations, continuous feedback), employee engagement, internal communication, and gamified collaboration. The company is also developing AI-based features to further enhance performance and engagement processes.

WizOne HR, developed by Wizrom, is a unified platform for complete HR digitalization. It includes fully integrated modules for personnel administration, time tracking, payroll, document management, recruitment, training, and employee self-service—ensuring both operational efficiency and compliance. With the integration of strategic HR capabilities from Co-Factor, Wizrom now offers the most complete HR solution in Romania, tailored to both large enterprises and growing organizations.

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About Wizrom Software
Wizrom Software is one of the most prominent IT solution providers in Romania, specializing in ERP, HR, and Business Intelligence software, as well as applications for business process automation and optimization. Over the last three years, the company has maintained a steady annual revenue growth of 15–20%. Wizrom’s development strategy is centred on investing in local products with strong potential for market expansion.