Private equity owner Vaaka Partners made an investment in Staria and became the majority shareholder to support the company's future plans.
There are many dates, tax articles, regulations, collective agreements and processes that an international growth company has to keep in mind. In addition to daily routines, a company also has to manage rapidly changing national legislations. Companies have three options: to do themselves, to outsource or to search for partners. This can be relieved [...]
With more than 40% growth, Staria’s turnover in 2019 was €18.3 million. Read Staria's annual report 2019 and get insights about the company.
A lot of SME businesses relay on basic accounting software and later on they end up seeking help from spreadsheets. A basic software is a budget-friendly and functional solution – but only until to a limited point. Perhaps your business started from nothing and slowly but surely grew big, while spreadsheets still continued functioning [...]
AI is one of the most modern tools in making financial processes more efficient. It is often talked about in the context of robotic process automation (RPA), but these are, in practice, two separate technologies. However, both can be utilized in automating processes either together or separately. AI and RPA – two separate technologies [...]
Financial management is expected to deliver accurate information at the right time. The reporting of an international group is laden with challenges when trying to acquire figures from several subsidiaries across the world. Slow and varying reporting is, in fact, a nightmare for most growth companies. Some CFOs would like to see timely comparable data, [...]
When a company grows internationally, it needs to develop a solution for international accounting. This should be an effective solution based on a combination of one or more business platforms, along with in-house and external staff who carry out the work. The best solution is often an international accounting partner along with an international [...]
Staria’s third quarter was strong taking revenue for January-September to 13.4 million euros (9.4 million euros) with 43 % organic annual growth.
Digital accounting is a concept that is becoming more and more common. It means digitizing and automating the accounting process, making it possible to have a real time visibility to the company's finances. In addition to simply removing papers, you need to ensure that you have optimum integrated tools and automate your processes with [...]
For a long time, companies have looked to make their accounting more efficient. Technological development within business systems, AI (Artificial Intelligence) and RPA (Robotic Process Automation) are creating completely new opportunities for more automated accounting. Automated accounting is a question of saving time, but also of increasing quality. It should also lead to critical [...]