Staria
The Innovation Leader For Accounting Solutions

One cannot deny that the most important decisions impacting an organisation’s future are those involving its financials. And nothing reflects a company’s financials like its accounting capabilities. But today, in the wake of the pandemic and the consequent economic decline, the accounting infrastructure that organisations depended on until now is not sufficient to support their growth. Accounting innovation is, therefore, becoming extremely imperative.

To help growing organisations boost their accounting capabilities, cloud computing specialists like NetSuite are taking the torch in bringing forth new digital ERP solutions backed by cloud technology, AI, and machine learning. And, while organisations all around the world are turning towards NetSuite’s robust solutions, Staria—a NetSuite provider partner—is helping clients unlock the full potential of NetSuite solutions and supercharge their ‘accounting engines.’

"We help revolutionary CFOs in their battle against time. We do this by providing next-generation global accounting solutions and services"

Founded in 2003, Staria has been at the helm of accounting evolution since almost the last two decades. Whether it is a traditional business, a restaurant chain, or a modern gaming company, organisations across the Nordic region and beyond have been depending on Staria to provide the right ERP or accounting solution as per their financial management needs.

“We help revolutionary CFOs in their battle against time,” says Juha Tommila, CEO of Staria. “We do this by providing next- generation global accounting solutions and services.” In fact, Staria’s unique ‘ONE STOP’ delivery model is designed to help clients manage subsidiaries around the world with one partner and one team. In addition, rather than following the cookie-cutter approach of deploying standard products, the company offers a customised approach to tackle the specific problems for the clients and drive their growth in the marketplace. Besides accounting, the company also provides local and international information systems, HR and payroll solutions, among others.

Clearing the Path towards International Growth

Staria’s accounting services are specifically geared towards companies seeking to expand their footprint on a global scale. Its services provide the solid financial management foundation needed for companies undertaking novel endeavours. Moreover, as the company’s agile accounting and business services are backed by NetSuite’s cloud-based ERP—one of the world’s best ERP systems—the clients can rest assured that their financial processes will be future-proofed for their growth journey.

As Staria centralises all their financial, accounting, procurement, and several other operations through NetSuite ERP, clients can easily turn their back on tedious and time-consuming spreadsheets, disparate point solutions, and other manual processes. Furthermore, the ERP system is hosted in the cloud, which means that clients can manage all their financials, accounting, inventory, procurement, and other critical processes in one place, which can be accessed from anywhere in the world, at any time, and from any device. Moreover, businesses get instant visibility and complete control over all their financials, inventory, supply chain, procurement, and more.

Staria also offers its own ‘SuiteApps’ built into the NetSuite ERP solution. While the INFlow module of the SuiteApp automates vendor bill processing, the Localisation SuiteApps are designed to optimise the clients’ financial operations and payment processes as per the local requirements. The clients can also leverage the unique Staria Banking add-on to automate their transactions within NetSuite ERP. Moreover, all these SuiteApps come with the specific country’s local payment templates, reference number calculations, European VAT code selections, and invoice layouts.

What makes Staria even more popular to clients is its ability to manage all NetSuite-based solutions without offloading any of the IT-relevant tasks to the clients. Since all the solutions are hosted in its secure servers and managed by a specialised workforce, the clients can not only avert the high hardware, workforce, and data security costs, but also speed up deployment across their organisations. Together with that, since Staria continuously updates the NetSuite solutions, the clients can continue their work processes without interruption and focus their investments on their core businesses.

Going a step further, the company offers the ‘RPA Kickstart’ service aimed at assisting clients in pinpointing potential points of automation within their organisations. Based on its process analysis, the company then provides a simple step-by-step solution to automate specific operations. As a part of the service, the company also offers detailed processes analysis reports and business case calculations to support the clients’ automation investments.

Scripting Success Stories through Sustainable Innovation

Owing to its exceptional capabilities in the ERP and RPA arena, Staria has become a go-to partner for companies seeking to unlock the potential of NetSuite. Take the instance of a fast-growing producer of menswear products—Shaping New Tomorrow—seeking to expand its business into new markets overseas. The company needed a robust and sustainable ERP system that could not only bolster its growth, but could also be integrated with other localised systems specific to different countries. Shaping New Tomorrow found the solution they were looking for in NetSuite ERP, and they chose Nordic’s best to deploy the solution.

Staria maintained an open and transparent conversation with Shaping New Tomorrow, taking into account every factor that would go into their ERP investment. As a Nordic business itself, the company understood the obstacles that the client organisation faced. In addition to NetSuite, Staria also deployed its INFlow SuiteApp and Staria Banking, further augmenting their financial management infrastructure. The end result? Shaping New Tomorrow now has a single ERP services provider on whom it can depend to support its growth and streamline its accounting processes.

Such favourable outcomes have been made possible by the company’s highly skilled NetSuite team, whose excellence recently garnered it its fifth NetSuite 5-Start Partner Award. Driven by such skilled personnel, the company is well on its way to dominating the European NetSuite market. As a part of the next step of its growth journey, the company has partnered with Frends—an integration-platform-as-a-service provider—to facilitate a centralised platform, from where clients can seamlessly monitor and manage all of Staria’s solutions. Moving ahead on this trail of innovation, the company will continually augment its solutions and services, maintaining its position at the cutting-edge of accounting evolution.