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 […]
“We had been using our previous ERP system for 15–20 years. While it worked well enough, it was based on a somewhat outdated Citrix database, which allowed us to view only one area at a time. Since our previous partner couldn’t offer a more modern solution, we decided to explore other options,” says Ville Haaslahti, […]
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 […]
What are the reasons people change jobs in January? Many people find that January is an excellent time to make changes in their careers. According to Statistics Finland, job changes are indeed most frequent in January. 1. Holiday season serves as a reminder to prioritise wellbeing and mental health The holiday season offers many people […]
Annelie has a solid international background in finance and business development. She has held several prominent CFO roles, most recently at Lindex Group, where she was CFO for six successful years. She has also held senior positions at companies such as NetOnNet, Intersport and ICA Special. Her broad experience from companies in rapid change and […]
What is employee retention? Employee retention is the percentage of employees who stay with an organisation over a period of time. It is the flip side for a perhaps a better-known metric, employee turnover, which refers to the rate at which employees leave an organisation and are replaced by new hires. Why does employee retention […]
A. Ahlström, one of Finland’s oldest family-owned companies, focuses on long-term investment strategies and the development of sustainable industrial and real estate projects. The company uses Greenstep’s BI Book, a BI reporting and analytics tool, along with its process mining capabilities, to identify areas for improvement and enhance operations through data and analytics. “Responsibility and […]
Companies that thrive amidst constant change do so by employing effective strategies that allow them to adapt and innovate. But how do businesses not only navigate these changes but also leverage them as opportunities for growth and innovation? The only certainty in business is change Let’s face it, change is an inevitable aspect of business […]
The VAT in the Digital Age (ViDa) proposal was approved on November 5, 2024, by the Economic and Financial Affairs Council (ECOFIN) among the 27 EU member states. It will initiate notable changes starting from the first half of 2025. ViDa is an important milestone in the EU’s efforts to enhance digital transition and competitiveness. […]