Visma expands portfolio of time tracking and project management solutions with acquisition of TimeChimp

Further enhancing Visma's portfolio with intuitive solutions that help businesses streamline their processes and boost productivity.

Visma announces the acquisition of TimeChimp, a provider of user-friendly software for time tracking, project management and invoicing.

Founded in 2015 in Amsterdam, TimeChimp offers an easy-to-use platform that allows organisations to track time, manage projects, and optimise workflows efficiently. The platform is widely adopted by businesses across various industries, and recognised for its focus on simplicity and efficiency.

“TimeChimp aligns perfectly with our vision of empowering businesses with smart and user-friendly solutions. By adding TimeChimp to our portfolio, we enhance our ability to provide organisations with even more tools to work efficiently”, says Steffen Torp, Segment Director for Ecosystem at Visma.

TimeChimp will continue to operate as an independent entity within the Visma group, maintaining its commitment to delivering the same software and services its customers are accustomed to while benefiting from Visma’s expertise and resources.

“Joining forces with Visma allows us to further develop our software and reach a wider audience. We look forward to the opportunities this new chapter brings to better support businesses”, says Fred Al, founder and CEO of TimeChimp.

For more information, please contact:

Lage Bøhren, Director of Communications at Visma, +47 921 57 801

lage.bohren@visma.com

About Visma
Visma is a leading provider of mission-critical cloud software, with revenue of € 2.4 billion in 2023, nearly 16,000 employees and 1.9 million customers across Europe and Latin America. By simplifying and automating the work of businesses and organisations of all sizes, we enable a more efficient and prosperous society. Visit us at visma.com.

About TimeChimp
TimeChimp has been providing its solution to over 4,000 customers in the Netherlands and Belgium since 2015. It was founded by Fred Al and Wouter Baltus, who started TimeChimp out of frustration with tracking worked hours. In addition to time tracking, TimeChimp has developed a project management module and financial tools to invoice worked hours. Furthermore, TimeChimp offers approximately 30 integrations with platforms such as accounting and payroll software, enabling complete workflow automation. Visit us at timechimp.com