God, Homeland and Liberty · Republic of Ecuador

ERP software made in Panama.
Built with pride for Ecuador.

cifraHQ integrates SRI electronic invoicing, ATS, IR/VAT withholdings, IESS, 13th & 14th salary, Reserve Fund, Profit Sharing and IFRS in a single cloud platform. The ERP that the country of the middle of the world deserves.

Request Demo See Modules
SRI
E-Invoicing
IESS
Full Payroll
IFRS
Accounting
Flag of Ecuador
Republic of Ecuador · Middle of the World
Certified and compliant with: SRI IESS Superintendencia de Compañías IFRS / IFRS for SMEs RIMPE USD Economy
The Country at the Middle of the World

Ecuador: where the tropical sun rises
and Latin American greatness grows

Ecuador is far more than the Equator line. It is the country that exports more bananas to the world than any other, that grows the most perfect roses on the planet, that taps oil from the Amazonian East, and that shelters the Galápagos Islands -- a natural heritage of humanity. With 18 million inhabitants and a fully dollarized economy since 2000, Ecuador offers unique monetary stability in the region.

Its productive diversity is extraordinary: export agribusiness (bananas, shrimp, fine-aroma cacao, roses), oil and mining, manufacturing, fishing and aquaculture, eco-tourism and technology. The SRI administers one of the most rigorous electronic invoicing systems in Latin America, and Ecuadorian companies report under full IFRS or IFRS for SMEs as required by the Superintendencia de Compañías.

In this environment of growth and regulatory rigor, Ecuadorian companies need an ERP that understands their complexity: RUC, SRI electronic receipts, monthly ATS, IR/VAT withholdings, IESS, 13th & 14th salary, Reserve Fund, 15% Profit Sharing and IFRS -- all in real time, in the cloud, from any device.

$115B
GDP -- Dollarized economy
18M
Inhabitants
#1
World banana exporter
#1
World rose exporter

"A country that feeds the world with its bananas,
enchants it with its roses and moves it with its oil
deserves software that rises to the level of its greatness."

-- The cifraHQ philosophy · Made in Panama, for Ecuador and the Americas

The Ecuadorian Economy

Numbers that define Ecuador

The export powerhouse that cifraHQ is honored to serve from Panama

$115B
Annual GDP -- stable dollarized economy
18M
Inhabitants across 24 provinces
#1
World banana exporter
#1
World rose exporter
500K
Barrels of oil per day
Top3
Shrimp exporter in the Americas
USD
Official currency -- dollarized since 2000
4
Regions: Coast, Highlands, Amazon, Galápagos

Infrastructure That Transforms the Country

Ecuador's great development projects

Ecuador is building its future. The companies making it happen need an ERP equal to the task.

Clean Energy

Coca Codo Sinclair

Ecuador's largest hydroelectric plant -- 1,500 MW of installed capacity in the Amazon. Generates 30% of the country's electricity.

Urban Mobility

Quito Metro

Ecuador's first metro line -- 22 km beneath the capital connecting Quitumbe to El Labrador. Up to 400,000 daily passengers.

Mining

Fruta del Norte

World-class gold mine in Zamora Chinchipe province. One of the largest mining investments in Ecuador's history.

Logistics

Port of Manta

Modernization of the Port of Manta as a logistics hub for South Pacific trade, with a projected Atlantic-Pacific corridor link.

Copper Mining

Mirador Mining Project

Ecuador's first large-scale copper mine in Zamora Chinchipe, with reserves of 3 billion tonnes of mineral.

Connectivity

Multimodal Road Corridor

First-class highway network integrating all four regions of the country, boosting the logistics competitiveness of Ecuadorian exports.

Agribusiness

Organic Banana Expansion

Ecuador is leading the transition to organic and fair-trade bananas, targeting premium markets across Europe, Asia and North America.

Tourism

Sustainable Galápagos

Sustainable tourism and conservation program for the planet's most biodiverse archipelago -- a driver of foreign exchange and national pride.

Energy

Renewable Energy 2035

National plan for 90% of Ecuador's electricity to come from renewable sources: hydro, solar, wind and geothermal by 2035.

Total Tax & Labor Compliance

cifraHQ covers every obligation of the SRI, IESS and Superintendencia de Compañías

From the first electronic receipt to the last profit-sharing calculation

SRI Electronic Invoicing ATS -- Simplified Transactional Annex RIDE Digital PDF IR / VAT Withholdings Credit / Debit Notes Electronic Waybills IESS -- Employer / Employee Contributions 13th Salary 14th Salary Reserve Fund 15% Profit Sharing RIMPE -- Simplified Tax Regime VAT 15% / 0% Full IFRS IFRS for SMEs
Ecuador
Republic of Ecuador

Our Philosophy

Made in Panama.
For Ecuador and the Americas.

A country that exports the finest things on the planet -- bananas, roses, fine-aroma cacao -- also deserves software that is the finest in its category. cifraHQ was born in Panama to serve exactly that excellence, from the heart of the Americas to every province of Ecuador.

-- The cifraHQ philosophy

From Panama City, cifraHQ was designed for the fiscal complexity of Latin American economies: SRI electronic receipts, monthly ATS, automatic withholdings, IESS, full IFRS and IFRS for SMEs. It is not an adaptation -- it is a Panamanian platform built from the inside for Ecuador and the Americas.

Native SRI Compliance

Electronic Invoicing & SRI Receipts

cifraHQ integrates every SRI obligation without external modules or fragile integrations

SRI Electronic Receipts

Invoices, credit notes, debit notes, purchase settlements, waybills and withholding receipts authorized in real time by the SRI. RIDE PDF generated and emailed to the client automatically.

ATS -- Transactional Annex

Automatic generation of the monthly Simplified Transactional Annex for SRI declaration. Cross-references sales invoices, purchases and withholdings with no extra manual work.

Automatic Withholdings

Automatic calculation and issuance of IR and VAT withholding receipts per the current SRI table and taxpayer type (ordinary, special, RIMPE). Instant online authorization.

Complete Payroll

Complete Ecuadorian payroll -- everything included

cifraHQ automatically calculates every component of Ecuadorian payroll: employer and employee IESS, 13th salary, 14th salary, Reserve Fund, 15% Profit Sharing and vacation. All integrated, no parallel spreadsheets.

See Payroll Module
IESS -- Employer & Employee Contribution
Automatic calculation and IESS payment schedule
13th Salary
Proportional calculation per period worked
14th Salary
By region (Coast/Galápagos vs. Highlands/Amazon)
Reserve Fund
8.33% monthly for employees with over one year of service
15% Profit Sharing
Annual calculation with 10%/5% distribution (employees/dependants)
Bank Disbursement
Files for Banco Pichincha, Produbanco, Guayaquil

By Industry

Sectors cifraHQ serves in Ecuador

From banana plantations to mining companies, cifraHQ understands your industry

Agribusiness & Export
Bananas, cacao, roses, shrimp, fruits
Oil & Mining
Upstream, downstream, oil services
Retail & POS
Store chains, supermarkets, retail
Distribution & Logistics
Waybills, routes, warehousing
Fishing & Aquaculture
Shrimp, tuna, artisanal and industrial fishing
Restaurants & Hospitality
F&B, recipe costing, eco-tourism
Manufacturing
Textiles, food, plastics, metalworking
Professional Services
Law firms, consulting, accounting

Why cifraHQ?

The advantage Ecuadorian companies deserve

Made in Panama with the experience of serving 33 countries across the Americas

Multi-Company & Multi-Branch
Business groups with multiple RUCs, legal entities and branches across different provinces -- all consolidated in one platform with real-time reporting.
Native Dollarized Economy
cifraHQ operates natively in USD, Ecuador's official currency since 2000. No conversions, no exchange-rate risk. What you enter is what you report to the SRI.
Full IFRS & IFRS for SMEs
Dual accounting for companies reporting to the Superintendencia de Compañías under full IFRS or IFRS for SMEs. SRI-structured chart of accounts included.
Ecuadorian Banking Integrated
Reconciliation and payments with Banco Pichincha, Produbanco, Banco de Guayaquil, BanEcuador and cooperatives. Payroll disbursement files ready to upload.
100% Cloud -- Always Current with SRI
Every SRI XSD schema change, new receipt type or tax reform is implemented automatically. No urgent manual updates with every legislative change.
Spanish Support, Always
Team specialized in Ecuadorian fiscal complexity. We understand the SRI, IESS, RIMPE and Superintendencia de Compañías from the Ecuadorian user's perspective.
"Made in Panama.
For Ecuador and the Americas."
cifraHQ Cloud ERP · The platform Ecuador deserves

Ready to take the next step?

Modernize your Ecuadorian company
with the ERP that understands its complexity

SRI invoicing, ATS, IESS, 13th & 14th salary, Reserve Fund, Profit Sharing, IFRS and multi-company -- all in one cloud platform, made in Panama for Ecuador.

Request Free Demo Contact Sales
WhatsApp: +507 6820-4681  ·  +1 (949) 419-4782  ·  +507-209-6996
More countries

Neighboring countries

cifraHQ is available across the Americas. Explore the local-compliance pages for nearby markets.

Colombia flag
Colombia
ERP in Colombia
Peru flag
Peru
ERP in Peru
Panama flag
Panama
ERP in Panama
Venezuela flag
Venezuela
ERP in Venezuela
Mexico flag
Mexico
ERP in Mexico