Upgrade your ERP: pros and cons Upgrading is often a cost-effective and less disruptive option if your current ERP still supports most business functions. Modern updates can add features to meet evolving needs without requiring a full overhaul. Additionally, ERP apps and add-ons can address gaps in functionality for specific areas like projects, manufacturing, subscription […]
Product-Market Fit – or Lack Thereof One of the most common reasons a larger funding round fails is the lack of product-market fit. In Finland, the typical amount raised during a Series A round ranges between €2–10 million, which translates to an approximate company valuation of €5–30 million. Such a valuation cannot be justified unless […]
Rederi Ab Eckerö is an Ålandic shipping company that operates mainly in the Baltic Sea. The group consists of the parent company and several subsidiaries, with Eckerö Line and Eckerö Linjen being two of the most well-known. The group currently employs around 800 people and has a turnover of approximately 186 million euros (2022). Annica […]
Bridge Financing for Secured Funding (Project Bridge Financing) Nearly all growth companies face a common challenge when utilizing public funding: financing is disbursed against incurred expenses. As funding is provided retroactively, it is essential to secure financing to cover project costs during its execution. It is quite common for early-stage growth companies to seek bridge […]
Norrhydro is a Finnish pioneer in motion control solutions and one of the leading suppliers of energy-efficient hydraulic cylinders in the Nordic countries, with almost 40 years of experience. It develops and manufactures innovative and environmentally friendly hydraulic solutions for industries such as forestry, material handling, mining, civil engineering and the marine sector. The company […]
IDÉ House of Brands is a company specializing in product media, with a focus on supporting companies in communication and developing brand visibility. The quality of their service is guaranteed by a wide range of products and more than 30 years of experience in the industry. “IDÉ House of Brands is the largest product media […]
DNA is one of the leading telecommunications companies in Finland with millions of subscriptions in its fixed and mobile communications networks. Back in 2015, DNA was looking for a new group reporting partner and consolidation system and after thorough vetting, DNA chose the flexible AARO product suite. Going into the project, DNA’s main objective was […]
Tamturbo’s CEO, Igor Nagaev tells about collaboration with Greenstep: We use a third-party platform for video embedding on our website. To be able to watch video content, you need to accept third-party cookies. Manage cookie settings Tamturbo Oyj is a Finnish technology company that manufactures oil-free air compressors for industrial use. The company was established […]
What is working capital? Working capital is an economic term used to describe the capital that a company needs to run its business. It includes all assets and liabilities related to the company’s daily operations. Working capital can be divided into two main categories: assets and liabilities. Assets include anything the company owns that can […]