“Can a legacy Argentine ERP vendor leverage Visma ownership to defend and expand its mid-market base in Latin America as cloud-native competitors emerge?”
Calipso is a 30+ year-old Argentine ERP vendor serving mid-market and large enterprises across Latin America with modules spanning accounting, logistics, inventory, manufacturing, procurement, billing, expenses and a supplier/customer portal. In 2022 it was acquired by Norway-based Visma and now operates as Grupo Calipso S.A. inside Visma Latam alongside sister brands in Argentina, Uruguay, Peru, Chile, Mexico and Colombia. Its product line (Calipso ERP, Calipso Billing, Nos Conecta) is positioned around Argentine regulatory compliance (e.g. AFIP RG 5824/2026) rather than embedded financial services, though it offers an expense-management product and a supplier portal with Visma Connect SSO.
Calipso is founded in 1990 and headquartered in Vicente López, Buenos Aires, Argentina.
Get a read on where your own stack stands against Calipso and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.