“Responsible finance” has a real definition. It’s not a vague aspiration or a rebranding of ESG. The industry has been using it for years to mean something specific: financial decision-making that is transparent, accountable, and oriented toward long-term outcomes rather than short-term extraction. The World Bank, development finance institutions, and regulators all use it this […]
For a long time, sustainability has been something that companies have handled as a separate area. Something that, at best, was reported on once a year in a separate document by a separate team. The rest of the business, including finance, had very little to do with it. That’s changed. Regulations like the EU’s CSRD […]
Most companies don’t notice that working capital is a problem – until it already is. Do any of these situations sound familiar? You’re growing and selling more, yet cash feels tight. A major customer has negotiated longer payment terms, and what used to be enough no longer is. Meanwhile, you need to build up inventory […]
A frank conversation between founders and finance professionals who’ve collectively seen hundreds of startups navigate the messy phase between “we just got funded” and “we actually need a finance function.” Based on a live panel at Maria 01, Helsinki — hosted by Finnish Startup Community and Greenstep. Panelists: Teemu Myllymäki, Co-Founder & CEO, Measurlabs […]
Rundit is known for its modern, agile reporting and portfolio platform and its highly skilled software development team. By combining Rundit’s technology with Greenstep’s fund services expertise, the company will create a new end-to-end solution that enables highly automated and transparent fund back-office operations. “Our goal is to build the most automated and highest-quality fund […]
Optimizing financial management Skyplanner is a Vaasa-based, globally operating software company that specializes in AI-driven production planning for the industrial sector. Since striving for efficiency and optimization is at the core of the company’s own operations, the same was naturally expected from their financial partner. “Many companies have room for improvement in their financial management, […]
Last year, we had the honour of interviewing Mikko Nurminen, one of the founders of Hostaway, on the Greenstep podcast, hosted by Tanja Piha. The conversation gave us a look into one of Finland’s most exciting startup stories and showed how believing in your vision can lead to global success. 25 Years of Building Companies […]
The financial environment gets even more challenging when the company is operating via multiple production sites, and across borders. Topics which need your attention as CFO include tax optimization, transfer pricing, and local rules & regulations. To mention just a few. At the same time, this complexity of the manufacturing operations also provides the CFO […]
Financial Reporting Financial reporting and monitoring provide valuable insights into the company’s financial health, supporting cost management and decision-making. The monthly report tracks the company’s financial position and development on a month-to-month basis. Often, actual figures are compared against the budget, while also monitoring key financial metrics and goals. In addition to conventional monthly reporting, […]