HELSINKI, Finland – January 9th, 2023 – Staria, a leading NetSuite and Global Financial Services partner in Europe, announces partnership with Kolleno, an industry leader in financial operations and AR management.

At Staria, we believe that collaboration is the key to success. Therefore we are excited to announce a partnership between two industry leaders, Staria and Kolleno. Kolleno offers a global, cloud based B2B A/R and financial operations platform, which automates accounts receivable management, collections and reconciliation supporting the reduced days of debt and making it easy for customers to pay and have visibility of their invoices. Their solution is fully compatible with NetSuite which will enrich Staria’s leading NetSuite offering even more.

This partnership is especially significant as Staria launched its operations in the UK in September 2023 and Kolleno has a significant presence in the UK market. Being the most awarded NetSuite partner in Europe, it is crucial for Staria to enable comprehensive NetSuite offering for its customers. Together with Staria’s and Kolleno’s services, businesses will be able to run everyday operations intelligently, freeing up resources for finance professionals to focus on growth-driving activities.

"The partnership is a key strategic move for us, to enable a best of breed A/R solution to be available for NetSuite customers. Especially where standard dunning, collections and customer access are not covered within Oracle NetSuite for the more complex needs. Kolleno also integrates with many other platforms, so can assist in a more fluid transition to Oracle NetSuite for businesses with one less change required."

David Atherton, UK Country Manager, Staria

"Staria aligns perfectly with our objective of enabling clients to streamline their financial operations, work more efficiently, and focus on growth. As Staria offers NetSuite, International Financial, Payroll, and BI & Planning services, they bring a wealth of expertise to the table. When coupled with Kolleno's capacity to streamline financial operations, the potential impact for our customers is vast."

Dimitri Raziev, CEO, Kolleno

Staria and Kolleno are both committed leveraging their combined strengths to enable their customers to achieve greater success and growth without borders.

About Kolleno
Kolleno is a financial operations platform that brings together receivables, payments and reconciliation - all in one place. The platform is built for and by finance professionals to automate and optimise back-office processes, including client payments, related communications, and financial reporting, through highly customisable workflows.

Powered by advanced AI capabilities, Kolleno pulls data from all incoming accounting systems, ERPs and CRMs, and deciphers context-sensitive data into actionable insights.

About Staria
Staria helps growth companies evolve into international level superstars. Staria has strong expertise in technology leveraged growth – it is the leading NetSuite partner in Europe, and it has specialized in SuiteApp development. Staria has published 10 NetSuite SuiteApp localizations and FlowAP SuiteApp. The company offers international financial administration services in over 40 countries with a unique one stop delivery model. Some of the most successful growth companies in Europe trust Staria's services. Learn more at https://staria.com/

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Check out Kolleno's webinar on January 17th, 2024

Kolleno is hosting a webinar about AI, Efficiency, ESG and FP&A, and how CFOs Can Unlock Growth in 2024. The webinar will cover the following topics:

  • The Common Operational Challenges Faced by Finance Teams
  • Tips & Best Practices for Growth
  • Future Trends in Revenue and Expense Management

Staria's UK Country Manager David Atherton is also participating as one of the speakers.
Make sure to sign up!